Alastair Corera has been appointed Chairman of Citizens Development Business Finance PLC (CDB) with effect from December 31.
Mr. Corera, who has been an Independent Non-Executive Director at CDB since May 2019 will be replacing Ranga Abeynayake who served nine years on the Board of CDB and has chaired the Board from September 2019. He steps down from December 31 as per corporate governance directives, the company announced on Tuesday.
Mr. Corera, a Chartered Financial Analyst USA and a Fellow of the Chartered Institute of Management Accountants UK, has since 2006, been an Executive Director of Orion Fund Management Pvt Ltd as well. He was Country Head of Fitch Ratings Lanka Limited for two years from 2004 to 2006 and prior to that functioned as General Manager of Forbes ABN-AMRO Securities Pvt Ltd.
The Committee on High Posts has approved the nomination of Former Air Force Commander Air Chief Marshal (Retd.)
Former Chairman of SriLankan Airlines, Nishantha Wickramasinghe, arrested on allegation of corruption by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) has been remanded until July 1 by the Colombo Magistrate court.
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