New NDB head optimistic about 2014

The NDB Bank will launch many initiatives in line with the expectations of the government and support the business community, said Sunil Wijesinghe who assumed duties as Chairman of NDB Bank last week.

He said NDB has been a professionally managed bank and it is led by a senior banker. Perhaps it has not realised its full potential. “We are confident with a professional team the bank will achieve its goals,” he said. The NDB Bank which has over 70 branches across the country has achieved many milestones and has been a major contributor to the economy.

Sunil Wijesinghe replaces Hemaka Amarasuriya who has retired. Wijesinghe said that the recent debenture launched by the bank is in line with the growth strategy to obtain funds for its growth. He said the bank has been mindful of the need to support SMEs which makes a major contribution to the economy.

The banking sector will do well as the country is entering the next phase of growth following a time of consolidation. The infrastructure has improved and there is potential for all sectors to grow, Wijesinghe said.

Wijesinha is the President of the National Chamber of Commerce of Sri Lanka and the former Chairman and MD of Dankotuwa Porcelain PLC.