CSE Chairman Krishan Balendra will step down from his post on completion of customary three year term.
He is to be succeeded by Vajira Kulatilaka who is to take over from June 05.
Kulatilaka who has been a Colombo Stock Exchange (CSE) board member since October 2009.
Kulatilaka is the CEO/Director of NDB Capital Holdings PLC and overlooks the operations of the Investment Banking Cluster of the NDB Group, which comprises of NDB Investment Bank Limited, NDB Securities Pvt Limited, NDB Wealth Management Limited and NDB Capital Limited, Bangladesh.
He carries over 29 years of experience in the Finance Sector and Capital Market of Sri Lanka.
Kulatilaka is a Chartered Financial Analyst and has obtained a B.Sc Degree in Civil Engineering with First Class Honours from the University of Moratuwa, and MEng in Industrial Engineering and Management from the Asian Institute of Technology. He also obtained qualifications as a Fellow Member of the Chartered Institute of Management Accountants UK.
Kulatilaka currently holds directorships at NDB Capital Holdings PLC, NDB Investment Bank Limited, NDB Securities Pvt. Limited, NDB Wealth Management Limited and NDB Capital Limited – Bangladesh.