Dammika appointed new MBSL CEO

Experienced leasing and banking officer H.K.D.W.M. Dammika Kumara Hapuhinna has been appointed as the CEO of Merchant Bank of Sri Lanka and Finance PLC (MBSL) with effect from June 1, the company announced.

Starting his banking career at Seylan Bank PLC, Mr. Hapuhinna in 2005, moved to the non- banking financial sector in Saudi Arabia where he joined Saudi ORIX Leasing Company, the first specialised leasing company in Saudi Arabia and the first non- bank financial institution in the Kingdom. He pioneered in promoting lease financing in Saudi Arabia and he was a key member of the Nations Trust Bank’s in- store banking concept.

With his experience in banking and finance, he has gained exposure and expertise in retail banking, credit banking operations, lease financing, consumer finance, real estate finance, leasing operations, receivable management, product development, risk management and consumer protection, the Statement said.