New Director General at Tea Board

Sri Lanka Tea Board which is the apex body for regulation, promotion and development of the tea industry under the Ministry of Plantation Industries, appointed Damitha Narangoda as the new Director General recently.

Damitha Narangoda taking over duties as the new Director General of the Sri Lanka Tea Board as Chairperson Janaki Kuruppu and Assistant Director General (Admin) Ivan Perera look on

Narangoda was a former Director Supervision at the Insurance Board of Sri Lanka which is the regulator of the insurance industry. He counts over 20 years experience in the fields of regulatory affairs of insurance supervision, financial risk management, asset management, mutual fund administration and financial services consultancy in the Government and private sector.
During his career, he was a member of the Inter Regulatory Council of the Central Bank of Sri Lanka, representing the insurance regulator. In addition to that, he served as a member of the Solvency and Actuarial Issues Sub Committee at the International Association of Insurance Supervisors at Basel, Switzerland, which worked on setting and implementing standards and guidance papers on insurance supervision aimed to facilitate and promote cross-border convergence.
He holds a Bachelor of Science Business Administration Degree from the University of Sri Jayewardenepura and Masters of Accountancy and Finance from the University of Aberdeen and he is also a Fellow Member of the Institute of Certified Management Accountants of Sri Lanka.