HNB PLC has strengthened its Board of Directors with the appointment of Suresh Shah as an Independent Non-Executive Director, showcasing a strategic move towards enhancing governance and strategic direction. Shah’s extensive experience in both the corporate and public sectors, including roles as Chairman of prominent companies like Ceylon Tobacco Company PLC and Director of several others, adds valuable leadership and strategic insight to the board. His involvement in the State-Owned Enterprise Restructuring Unit of the Government of Sri Lanka further underscores his expertise and contributions to the business community.
Having served as Director and CEO of notable companies such as Ceylon Beverage Holdings PLC and Lion Brewery Ceylon PLC, Shah brings a wealth of experience in executive leadership over three decades. His past roles, including as a Commissioner of the Securities and Exchange Commission of Sri Lanka and as a member of the Monetary Policy Consultative Committee of the Central Bank of Sri Lanka, reflect his deep understanding of regulatory and economic landscapes. Shah’s chairmanships of key organizations like the Ceylon Chamber of Commerce and the Employers Federation of Ceylon highlight his commitment to business excellence and economic growth.
The appointment of Suresh Shah is expected to provide invaluable perspectives to HNB’s efforts in navigating the current global financial challenges and contributing to a vibrant economic recovery. Under the leadership of Chairman Nihal Jayawardene, PC, Shah’s addition to the board is anticipated to strengthen HNB’s commitment to excellence, innovation, and its position as a regional leader in the financial services sector. Shah joins a distinguished board comprising accomplished members, collectively contributing to HNB’s strategic vision and operational excellence.