NAMAL board of directors is well experienced with unit trust investment and aware of methods to generate high ROI from less investment capitals.

Board of Directors

Alexis Lovell

Mr. Alexis Lovell MBE - Chairman

Mr. Alexis Lovell is the Group Chairman of Ben Holdings (Pvt) Ltd which owns EAP Broadcasting Co. Ltd, Swarnamahal Jewellers Ltd, EAP Films & Theatres Ltd as well as EAP Property Development and EAP Security Services Ltd. He is a Chartered Management Accountant (UK) and holds a Post Graduate Degree in Business Administration (Australia). He enriches the Board with over four decades of experience in the field of Finance & Investment Banking. Mr. Lovell was awarded the Most Distinguished Order of the British Empire (MBE) by Her Majesty the Queen of England for services to Investment Banking.

Mr. Lovell is Chairman of UB Finance and National Asset Management Ltd. In addition, he is also the Chairman of Thinkcube Systems Ltd and Kapitalcorp Ltd and is a member of the Board of Directors of Associated Electrical Corporation Ltd & Real Investment Holdings Pte Ltd. Mr. Lovell is well respected and recognized personality in the banking and financial industry for his deep insight, dynamic leadership, revolutionary concepts and his ability to re-engineer entities and create wealth.

Mr. Indrajit Wickramasinghe

Mr. Indrajit Wickramasinghe

Indrajit Wickramasinghe was appointed as Director/Chief Executive Officer of Union Bank on the 15th of November 2014. He counts for over 30 years of Management experience having worked in both the financial and consumer sectors in both local and multinational companies. He holds an MBA from the University of Sri Jayewardenepura, is a Fellow of the Chartered Institute of Marketing UK, a Member of the Association of the Professional Bankers and a member of the Oxford Business Alumni, University of Oxford.

Prior to his appointment as Director/CEO of Union Bank he served as the Chief Operating Officer of NDB Bank where he was responsible for all business areas including Retail Banking, Corporate Banking, SME Banking and Project Finance. Prior to that he held positions as a Vice President looking after functions such as HR, Marketing and seven years as Vice President heading Retail Banking. Mr. Wickramasinghe was also a Non-Executive Director of Eagle Insurance/Aviva NDB Insurance, NDB Capital Holdings PLC, NDB Securities (Pvt) Ltd, Development Holdings (Pvt) Ltd and the Credit Information Bureau of Sri Lanka.

He currently serves as a Non-Executive Director of the National Asset Management Ltd and UB Finance Company Ltd.

Mr. Wijenanda Dambawinne

Mr. Wijenanda Dambawinne

Mr. Dambawinne was appointed to the Union Bank of Colombo PLC as Vice President/Head of Treasury on the 15th of October 2015 and possesses the ACI Dealing certificate from the ACI Financial Markets Association (which is an international qualification for Foreign Exchange Dealers). He has been involved in the Banking Environment for more than 36 years.

Mr. Dambawinne started his career with HSBC, Colombo from February 1984 to September 1987 and subsequently took an appointment with Sampath Bank PLC from October 1987. In his tenure at Sampath Bank PLC until October 2015, he served as Deputy General Manager - Treasury and Global Business and also served as a Director of the Board of Sampath Centre, which is a fully owned subsidiary of Sampath Bank PLC from January 2014 to October 2015.

Mr. Kapila Nanayakkara

Mr. Kapila Nanayakkara

Mr. Nanayakkara commenced his professional career in 1990 at Sampath Bank PLC. In his Banking career spanning 30 years he has served in several senior Treasury positions including those at Sampath Bank PLC, Doha Bank in Qatar and Nations Trust Bank PLC.

He joined DFCC Bank PLC in 2013 as the Senior Vice President of Treasury & Resource Mobilization. In his functional capacity as the Head of Treasury at DFCC, the Treasury Front Office and the Resource Mobilization Unit falls under his direct purview.

Mr. Nanayakkara serves as a director of Rockfort Advisory (Private) Limited, a fully owned subsidiary of NAMAL. He is also a permanent invitee of the DFCC Bank’s Board Integrated Risk Management Committee, the Secretary of the DFCC Bank’s Investment Committee and a member of the Asset and Liability Committee, Impairment Committee and the Credit Committee.

He holds a Master of Business Administration (MBA) from the University of West London (UK). He is a Fellow member of the Chartered Institute of Management Accountants (CIMA)UK and a Member of the Institute of Certified Management Accountants (CMA), Australia. He is also a Professional member of International Compliance Association (MICA) UK and holds ACI Dealing certificate from ACIFMA – France.

R A Dassanayake

Mr. R A Dassanayake

Mr. Dassanayake is the Vice President, Strategic Planning and Subsidiaries of DFCC Bank PLC. He counts over 27 years of experience in banking, accounting and auditing, consulting and advisory services. He is a Director of several subsidiaries and associate companies of DFCC and is also a member of several management committees. 

He has held positions as the Head of Budgeting and Planning of DFCC Vardhana Bank PLC, Chief Executive Officer and Chief Risk and Operations Officer of Lankaputhra Development Bank and Partner, Audit Assurance and Consulting of BDO Partners Sri Lanka. He holds his Masters from PIM, University of Sri Jayawardenepura and his first degree in Accountancy from the same university. He is also a Fellow member of CA Sri Lanka and an Associate of CIMA UK. He holds Director positions at Lanka Industrial Estates Limited, Lindel Industrial Laboratories Ltd, Lanka Ventures PLC, LVL Energy Fund Limited, DFCC Consulting (Pvt) Limited and Acuity Securities Ltd.

Mr. Suren Madanayake

Mr. Suren Madanayake

Mr. Suren Madanayake had his education at Royal College, Colombo and qualified as a Mechanical Engineer from the University of Texas at Austin, USA. He was appointed to the Board of ACL Cables PLC in June 1991 and appointed as Managing Director in September 2005. When Kelani Cables PLC was acquired in October 1999, he was appointed as Managing Director of Kelani Cables PLC and Lanka Olex Cables (Private) Ltd which is the holding Company of Kelani Cables PLC. In 2003 he was appointed as Deputy Chairman of Kelani Cables PLC.

He also serves as the Chairman of Resus Energy PLC, Managing Director of ACL Cables PLC and ACL Plastics PLC and Director of Cables Solutions (Pvt) Ltd., Ethimale Plantations PLC, ACL Electric (Pvt) Ltd., Ceylon Bulbs & Electricals Ltd., ACL Metals & Alloys (Pvt.) Ltd., ACL Polymers (Pvt.) Ltd., ACL-Kelani Magnet Wire (Pvt.) Ltd., Ceylon Copper (Pvt.) Ltd., SM Lighting (Pvt) Ltd., Fab Foods (Pvt.) Ltd., Ceylon Tapioca Ltd., Destination Ceylon (Pvt.) Ltd., and National Asset Management (Pvt) Ltd. He also serves as Trustee of CCC Foundation of Sri Lanka, which is an approved charity. He also captained the Royal College 1st XV Rugby team in 1987.

Ms. Khoo Siew Bee

Ms. Khoo Siew Bee

Ms. Siew Bee has extensive experience in all aspects of corporate ¬finance work in Asia, the US and Europe. Her previous positions include Director & Country Manager of Schroders Taiwan, Director of Schroders Hong Kong, Director of Schroders Singapore and Mergers & Acquisitions Director (Asia Pacifi¬c) of Monsanto Singapore Pte Ltd. Ms. Siew Bee is a Director of BP De Silva Holdings Pte Ltd., and a number of its subsidiary and associate companies.

Mr. Rusiru Abeyasinghe

Mr. Rusiru Abeyasinghe

Mr. Rusiru Abeyasinghe was appointed as the Chief Executive Officer of National Asset Management Limited (NAMAL) on 15th August 2018. He brings in over 11 years of fund management experience across multiple asset classes. He holds an MBA from the Cardiff Metropolitan University and is also an Associate Member of the Charted Institute of Management Accountants (UK).

Prior to his appointment as CEO of NAMAL he served as the Chief Operations Officer of DPMC Assetline Holdings (Pvt) Limited (DPAH). DPMC Assetline Holdings is a member of the David Peiris Group and a wholly owned subsidiary of DP Holdings (Pvt) Limited. Prior to DPAH, Mr. Abeyasinghe served as the Head of Investments at Phoenix Ventures (Pvt) Limited (PVL), which is the parent company of Brandix Lanka Limited and Phoenix Industries Limited. He also served as a nominee Director of PVL at Saffron Aviation (Pvt) Ltd, the operator of Cinnamon Air. Mr. Abeysasinghe was appointed as a director of NAMAL on 1st June 2019.