Priyantha Fernando appointed Commercial Leasing and Finance Chairman

Commercial Leasing & Finance PLC (CLC) has announced the appointment of experienced banker Priyantha Fernando as its Chairman with effect from March 30th.

Fernando has more than 35 years of experience at the Central Bank where he rose to the position of the Deputy Governor. He was the Deputy Governor of the Central Bank in 2010-2011, and was in-charge of the Financial System Stability and the Corporate Services clusters.

He has extensive experience and expertise in the fields of banking and financial sector, particularly at the policy making levels in financial regulation and supervision, information technology, national accounting, macro-economic analysis and statistics, finance and fund management.

At the Central Bank, he was the chairman of the Financial Stability Committee, member of the Monetary Policy Committee, member of the Risk Management Committee and Chairman of the National Payment Council. He also functioned as the secretary to the Monetary Board during 2009/2010. Fernando was an ex-officio board member in several regulatory organisations namely the Securities Exchange Commission, the Insurance Board of Sri Lanka, the Chairman of the Credit Information Bureau, Institute of Bankers –Sri Lanka and have also served as a Board Member at Employers Trust Fund, Lanka Clear (Pvt) Ltd. and Lanka Financial Services Bureau.

During his career, he has initiated and spearheaded several key projects of national importance, especially in the area of developing the infrastructure for the national payments and settlement system.

Fernando has served in a number of committees at national level covering a range of subjects, representing the Central Bank.