Industry Analysis

Mufaddal Choonia Named MD and CEO of Mahindra Ideal Finance

Mahindra Ideal Finance Limited (MIFL), a subsidiary of Mahindra Finance, has announced the appointment of Mufaddal Choonia as its new Managing Director and CEO, effective immediately. Choonia succeeds Duminda Weerasekare, who has retired from his position as CEO of MIFL. In his new role, Choonia aims to establish a robust digital lending ecosystem, with a

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Business

Sanasa Development Bank Appoints Kapila Prasanna Ariyaratne as New CEO

Sanasa Development Bank PLC has announced the appointment of Kapila Prasanna Ariyaratne as its new Executive Director and Chief Executive Officer (CEO), effective from October 7, 2024. Ariyaratne, a seasoned banking professional, brings extensive experience to his new role, having previously served at Seylan Bank. His leadership is expected to guide the bank through its

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Industry Analysis

Union Bank Appoints Dilshan Rodrigo as New Chief Executive Officer

Union Bank has appointed Mr. Dilshan Rodrigo as its new Director/Chief Executive Officer, effective August 16, 2024. With over two decades of experience in the banking sector, Mr. Rodrigo’s leadership marks a pivotal moment for Union Bank as it seeks to navigate Sri Lanka’s evolving banking landscape and focus on innovation and customer-centric strategies in

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