Business

RIL Property Board Welcomes Kapila Ariyaratne as New Member

Kapila Ariyaratne, a seasoned banker with over 38 years of experience, has been appointed as an Independent Non-Executive Director to the Board of RIL Property PLC. Ariyaratne’s extensive career in banking includes leadership roles at various local and international banks, culminating in his tenure as the Director/Chief Executive Officer at Seylan Bank PLC until his retirement in April 2023.

Starting his banking journey with Grindlays Bank in 1984, Ariyaratne has since navigated through roles encompassing Corporate Banking, International Trade Finance Operations, Credit Risk Management, and more. He played a pivotal role in the restructuring of a key State sector bank in 2001 and has demonstrated expertise in driving organizational changes. Additionally, Ariyaratne has served on the boards of several prominent institutions in Sri Lanka’s banking and financial sector.

A Royal College, Colombo alumni and a First-Class Honours Graduate of the University of Colombo, Ariyaratne brings a wealth of knowledge and experience to the Board of RIL Property PLC. His appointment adds significant expertise to the existing Board, which comprises a distinguished group of individuals overseeing the company’s strategic direction and governance.