Union Bank CEO to retire after long career
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Mr. Indrajit Wickramasinghe
Union Bank’s CEO/Director Indrajit Wickramasinghe will retire on August 15, 2024, a media release from the bank said this week. In line with the succession plan, Dilshan Rodrigo, the current Deputy CEO, will assume the role of Director/CEO of Union Bank on August 16, subject to regulatory approvals.
Mr. Wickramasinghe is an industry veteran and an accomplished professional with a successful management career spanning over 35 years across local and multinational organisations in the FMCG and financial services sectors. He has held numerous non-executive board appointments in sectors such as Insurance, Wealth Management, Stock Brokering, Property Management, Finance Companies, and Commercial Banking. Previously, he served as a Non-Executive Director of the Credit Information Bureau of Sri Lanka and as Chairman of Financial Ombudsman Sri Lanka (Guarantee) Ltd.
“His most recent role encompassed a distinguished tenure as Director/CEO at Union Bank, spanning over nine years. His appointment coincided with the entry of Texas Pacific Group (TPG), a globally renowned Private Equity Group, into Sri Lanka, marking a significant milestone as the largest foreign direct investment in the country’s financial services sector at that time,” the statement said, Preceding this pivotal role, Mr. Wickramasinghe held the position of Chief Operating Officer at NDB Bank, where he was responsible for overseeing all business functions.
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