The Board of Directors of Union Bank has appointed Dr. Dharmasri Kumaratunge as an Independent, Non-Executive Director.
As the bank continues to place a strong emphasis on digital transformation, his extensive experience in banking, finance, technology, and public policy will be of immense value to shaping the bank's strategic direction, the bank said in a statement.
Dr. Kumaratunge brings with him over 35 years of distinguished experience in the fields of Banking and Finance, Financial Technology, IT, International Trade, Payment Processing, Information and Communication Technology (ICT), and Digital Transformation. He served as the Assistant Governor of the Central Bank of Sri Lanka (CBSL) and held the position of Director of the Payments and Settlements Department at CBSL from 2016 to 2022.
He has also been at the forefront of Sri Lanka’s digital transformation, serving as Secretary to the Ministry of Technology until September 2024.
The Ministry of Foreign Affairs said today that unilateral action by the UK and other countries in imposing sanctions on certain individuals do not assist but serve to complicate the national reconciliation process underway in Sri Lanka.
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