SDB bank appoints veteran banker Kapila Ariyaratne as CEO

SDB bank has announced the appointment of Kapila Ariyaratne as its new Executive Director/Chief Executive Officer.

A renowned banking professional with extensive experience in the financial sector, Ariyaratne is set to lead SDB bank’s ambitious journey of innovation, growth and transformation, positioning it as a key player in Sri Lanka’s financial landscape.

With a strong foundation serving the cooperative sector and SMEs, SDB bank is now poised for significant expansion across the island, introducing innovative solutions to its customers with technology at the core of its strategy.

Ariyaratne’s arrival will undoubtedly provide the impetus needed to accelerate this growth agenda, bringing a wealth of expertise and visionary leadership that will elevate the bank’s presence and offerings.

Ariyaratne is no stranger to leading transformational change as he served as the Director/Chief Executive Officer of Seylan Bank for over a decade, successfully steering the institution through critical periods of transformation and growth.

He has also contributed to key committees at the Central Bank, providing insights on financial system stability and stakeholder engagement. SDB Bank Chairperson Dinithi Ratnayake stated; “Since its inception, SDB bank has evolved from its roots as a development bank focused on uplifting the SME sector into a vibrant financial institution that serves a diverse range of customer segments.”