Amãna Bank Board strengthened by four new directors

Experienced chartered accountant Tishan Subasinghe, fintech entrepreneur Omar Kassim, legal luminary Mohamed Adamaly and Islamic finance legal professional Paul Mercer have recently joined the Board of Directors of Amãna Bank. 
 
The appointment of Mr. Kassim is in the interest of the bank’s former Chairman Osman Kassim, who retired after completing the maximum 9-year period of directorship of a Licensed Commercial Bank as per Central Bank but continues to be amongst the top 10 shareholders of the bank, it said in a media release. 

Mr. Subasinghe replaces retired senior director Jazri Magdon Ismail who also retired after completing the regulatory 9-year period while Mr. Adamaly was appointed as the replacement to Harsha Amarasekera PC who resigned from the Board in the beginning of 2020 in lieu of his imminent retirement having served the board since its inception. 

Mr. Mercer’s appointment fills the vacant position of the second nominee director from ICD, the bank’s strategic shareholder. While Mr. Subasinghe will function as a Non-Executive Independent Director, the trio of Mr. Kassim, Mr. Adamaly and Mr. Mercer will serve as Non-Executive Non-Independent Directors. 

With these appointments the Amãna Bank Board of Directors is constituted as follows : Ali Asghar (Asgi) Akbarally (Chairman), Rajiv Nandlal Dvivedi, Pradeep Dilshan Rajeeva Hettiaratchi, Aaron Russell-Davison, Mohammed Ataur Rahman Chowdhury, Syed Muhammed Asim Raza,  Khairul Muzamel Perera bin Abdullah,  Tishan Harendranath Subasinghe, Omar Kassim, Mohamed Adamaly and Paul Mercer. Retired directors Osman Kassim, Tyeab Akbarally, Harsha Amarasekera and Jazri Magdon Ismail will continue to serve as trustees on the bank’s unique flagship CSR venture, ‘OrphanCare’ Trust.