Dinesh Weerakkody is new chairman of Commercial Bank
(Srilankamirror) - Commercial Bank of Ceylon has a new chairman in Dinesh Weerakkody.
Also, Dharma Dheerasinghe, former deputy governor of the Central Bank, has been appointed deputy chairman of Commercial Bank.
Mahendra Amarasuriya stepped down as chairman of the Commercial Bank due to a Central Bank rule that required anyone over 70 years to step down from boards of banks.
A governance activist, K.C. Vignaraja, has challenged the regulation, alleging it discriminated against older citizens of the country.
A Supreme Court case is pending regarding the matter.
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