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Tracy
Tracy
Aug 24 2026
28Seylan Bank PLC has announced the appointment of Mr. Krishan Thilakaratne, Non‑Executive Director, as the Deputy Chairman of the Board with effect from 17th August 2026.
Mr. Thilakaratne was appointed as a Non-Executive Director to the Board in 2018, and the progression to Deputy Chairman, reaffirms his long‑standing governance role and leadership capacity.
He currently serves as Director/CEO of LOLC Finance PLC and is a member of the Senior Management Team of LOLC Holdings PLC.
Mr. Thilakaratne carries over three decades of experience in banking and finance. He began his career at Seylan Bank in September 1990, at the age of 19, as a Banking Assistant, before joining LOLC Group in 1995. Today, he counts more than 31 years of expertise in management, credit, channel management, marketing, factoring, portfolio management, and Islamic finance.
He holds extensive international exposure, serving on boards in Southeast Asia and Central Asia, including the Philippines, Indonesia, Pakistan, Kyrgyzstan, Kazakhstan, Tajikistan, Uzbekistan, and Egypt. His leadership roles extend to LOLC Moliya, Tajikistan, OJSC Micro Finance Company ‘ABN’, Kyrgyzstan, Finance, Kazakhstan, Prasac Microfinance Institution Ltd, Cambodia, LOLC Egypt, and additionally advising Lombard Micro Finance Company in Tajikistan.
In Sri Lanka, Mr. Thilakaratne has contributed significantly to the financial services sector, serving as a Board Member of the Credit Information Bureau of Sri Lanka (CRIB), Commercial Insurance Brokers (Pvt) Ltd. He has also held the position of Chairman of the Finance Houses Association of Sri Lanka (FHASL), the apex body for Non‑Bank Financial Institutions.
A Passed Finalist of the Chartered Institute of Management Accountants (CIMA) UK and Associate Member of the Institute of Bankers of Sri Lanka (AIB), Mr. Thilakaratne has completed the Strategic Leadership Training Programme in Microfinance at Harvard Business School, USA.
As Seylan Bank continues to strengthen its reputation as one of Sri Lanka's leading financial services providers, the appointment strengthens the leadership team and reinforces commitment to excellence, governance, and strategic growth.
