NTB appoints Renuka Fernando as CEO/Director

Nations Trust Bank Plc is pleased to announce the appointment of Renuka Fernando as the new Chief Executive Officer/Director of the Bank with effect from September 15. Fernando succeeds Saliya Rajakaruna who stepped down on the completion of his contract of service.

Commenting on the appointment of the new CEO/Director, the Chairman of Nations Trust Bank PLC Ronnie Peiris said, "We are delighted to welcome Renuka Fernando as our new Chief Executive Officer/Director. The bank continues to perform well and is positioned to take advantage of the tremendous growth opportunities in the country.

Renuka's expertise in the industry and sharp business acumen will certainly be an asset to Nations Trust Bank and I am sure that she will guide the Bank to even greater heights in the years to come. I also take this opportunity to extend our gratitude to Saliya Rajakaruna for his services to Nations Trust Bank".

Fernando joined NTB in September 2001 as AGM, Corporate Financial Solutions.

With her promotion to the position of DGM in March 2004, Renuka took over the leadership role in the Retail Banking Business. Prior to joining NTB, Renuka was with ABN AMRO Bank N.V, Sri Lanka, where she held the positions of Vice President/ Head Global Transactional Services and Head of Consumer Banking. Renuka has also worked at Banque Indosuez, Sri Lanka as Manager Corporate Banking and at Nederlandsche Middenstands Bank, Hong Kong

Nations Trust Bank PLC is one of the fastest growing banks in Sri Lanka today. The bank now has 53 branches, 27 Leasing Centres and is the sole issuer and acquirer for American Express(r) cards in Sri Lanka.