Susantha resigns from NTB board

Business Times

Susantha resigns from NTB board

John Keells Holdings (JKH) Chairman Susantha Ratnayake has resigned from the board of Nations Trust Bank (NTB) in line with Central Bank rules, the bank said on Thursday.

The statement said that under the Corporate Governance regulations in the Banking Act, the maximun period a director can serve is nine years and Mr Ratnayake completes nine years at the NTB on December 8, 2009.

Krishan Balendra also from JKH has been appointed by the NTB board to fill the vacancy created by Mr Ratnayake’s resignation which is effective from December 1. JKH has a majority stake in NTB.

E-mail

views[1]

	Other Business Times Articles
	Sri Lanka may feel effects of Dubai crisis
	Depositors of failed Ceylinco firms seek MR Solution
	No kickbacks but kicks – CB Gov’nor
	Seismic surveys in Mannar Basin begin next week
	Lankan economic model needs drastic change
	Sri Lanka’s e-community takes another step forward
	Comment - Poll spending or economic stimulus package?
	Du-bai or Du-sell?
	BPA organises first post-war investor forum in Jaffna
	Nisol directors deny all charges of fraud
	Virtusa takes IT to the Veddahs
	Mahindra appoints Ideal Motors (Pvt) Ltd. as sole distributor in Sri Lanka
	Moving towards global accounting standards
	Rs. 30 million pledged for North and East IT skills development
	Degree in Transport Economics and Commercial Shipping from Colombo University
	Parliament advised to invest in research facilities
	it. info - All about information technology
	Chinese prisoners used in Lankan development projects
	Bharti Airtel rated 'Strongest Brand' by Brand Finance
	Hambantota chamber at UK awards
	ICASL Celebrates Golden Jubilee
	Oman Air buys 5 Embraer 175 E–Jets
	Susantha resigns from NTB board
	Broadband backbone network to be awarded in 1Q2010
	MIT Cargo promotes eco friendly practices to Group companies
	Institute of Leadership and Management launched
	MTI Forum to focus on HR’s competitive advantage
	Sri Lanka tops regulatory risk scores for Asia Pacific Telecoms
	Nation Lanka offer rights issue
	Aeturnum Lanka celebrates 3 years
	Commercial Bank treasury team organizes seminar for Corporate Customers
	CB awaits SC sanction to set up F&G trust
	ORCL to expand in and around Colombo
	Accountability for an efficient democracy
	Demystifying biotechnology
	'Tea Factory' becomes Heritance hotel
	Reshaping businesses - long-term sustainability the need of the hour

Reproduction of articles permitted when used without any alterations to contents and a link to the source page.