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Sampath Bank pays tribute to founder Chairman

The centenary birth anniversary of Neville Ubesinghe Jayawardena (1908-2002) - Economist, Senator, Banker, Entrepreneur, and Founder Chairman of Sampath Bank is being commemorated with a series of events organized by the N U Jayawardena Charitable Trust.

As a part of the commemoration, the Trust published the biography N. U. Jayawardena - The First Five Decades written by Kumari Jayawardena and Jennifer Moragoda. Sampath Bank has come forward with a sponsorship for a re-print of this book, including a paperback edition which will be reachable to a wider reading public. The new edition will be available for purchase at leading bookstores in the near future.


Executive Director / Chief Executive Officer of Sampath Bank Harris Premaratne presenting the sponsorship cheque to Nimal Jayawardena of The N U Jayawardena Charitable Trust. Neiliya Perera (daughter of N. U. Jayawardena), Kumari Jayawardena, Jennifer Moragoda, Menaka Balendra, and Dharmin Perera - Trustees of the N U Jayawardena Charitable Trust and Executive Director/ Chief Operations Officer, Aravinda Perera, Executive Director/ Chief Financial Officer Ranjith Samaranayake and DGM Operations and Commercial Credit, Nimal Tillekeratne all of Sampath Bank are also in the picture.

The book covers the first fifty years of life and times of this financial legend who - rose from modest circumstances of being the son of a rest house keeper in rural Tangalle, to become the first Sri Lankan to be appointed Controller of Exchange and Governor of Central Bank.

Jayawardena played a key role in forming and shaping some of Sri Lanka’s commercial and economic policy framework in the critical years before, during and after the country’s Independence.

At an early stage of his career, he assisted in the work of the Banking Commission of 1934, which resulted in the establishment of the Bank of Ceylon and was a lead player in the establishment of the Central Bank of Sri Lanka.

Later as founder Chairman of Sampath Bank, he was the trail blazer in many ground breaking initiatives that revolutionized the banking industry of the country. Under his stewardship, the Sampath Bank Initial Public Offering (IPO) was the most successful at the time, making Sampath Bank the most widely held public company with over 17,500 shareholders throughout the island.

His vision made Sampath Bank become a legend in electronically and technologically driven banking.

Sampath Bank is honoured to take an active part in the commemoratory events, which pays tribute to a financier par excellence who had done yeoman service to the bank as its Founder Chairman as well as to the country, throughout his long and eventful career.

 

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