Union Bank appoints two new directors

Union Bank has appointed Sabry Ghouse and Sunil Karunanayake as new independent non executive directors to the Bank's Board of Directors from August 30, a media release from the Bank stated.

M.H. Sabry Ghouse counts over 25 years in the banking industry with experience in retail banking, locally and overseas. Previously employed at American Express Bank, Standard Charted Bank and the Alrajhi Bank of Saudi Arabia holding Corporate Management and Director positions, he has been instrumental in setting up retail banking, allied operations and crafting strategy, enabling these banks to emerge as market leaders.

During his tenure in the banking industry, he also spearheaded the successful transition of the Standard Charted Banks global acquisition of Grindlays Franchaise in the Levant region, the launch of the American Express credit card and the launch of the "Zero percent" scheme in Sri Lanka.

He has a wealth of experience in retail banking, strategy, business restructuring, brand and product development, sales and distribution and human capital management. Ghouse holds an MBA from the University of Western Sydney, Australia.