Standard Chartered Bank has appointed Praveen Karunaratne to its Country Management Team in Sri Lanka. Karunaratne will be taking on the role of Head of Corporate and Institutional Banking, where he will be responsible for driving the growth of the bank’s corporate and institutional banking business in the country.
With over 20 years of experience in the banking industry, Karunaratne brings a wealth of knowledge and expertise to his new role. He has held various senior positions in corporate and investment banking, including stints at several leading banks in Sri Lanka. His appointment is seen as a significant boost to Standard Chartered’s corporate and institutional banking business in the country.
As Head of Corporate and Institutional Banking, Karunaratne will be responsible for developing and implementing the bank’s corporate and institutional banking strategy in Sri Lanka. He will work closely with the bank’s clients, including large corporations, Financial Institutions, and government entities, to provide them with a range of banking services and solutions.
Karunaratne’s appointment is part of Standard Chartered’s efforts to strengthen its management team in Sri Lanka. The bank has been present in the country for over 120 years and has a long history of supporting the growth and development of the Sri Lankan economy. Standard Chartered’s Country Management Team is responsible for driving the bank’s business in Sri Lanka and for implementing its strategy in the country.
The bank’s CEO, Bingumal Thewarathanthri, welcomed Karunaratne’s appointment, saying that he brings a deep understanding of the Sri Lankan market and a strong track record of delivering results. Thewarathanthri expressed confidence that Karunaratne will play a key role in driving the growth of the bank’s corporate and institutional banking business in Sri Lanka.
Karunaratne’s appointment is seen as a positive development for Standard Chartered’s business in Sri Lanka. His experience and expertise will be invaluable in helping the bank to navigate the complex and evolving banking landscape in the country. As the Sri Lankan economy continues to grow and develop, Standard Chartered is well-positioned to support the needs of its clients, and Karunaratne’s appointment is an important step in this process.