Bank Changes

Sept 30, 2011 (LBO) – Sri Lanka’s Sampath Bank said deputy managing director M Y A Perera will take-over as managing director from January 01, 2012, as current managing director Harris Premaratne is leaving. Sri Lanka’s Daily FT newspaper said Premaratne will take over as the head of a new bank started by Sri Lanka’s Cargills group.

Sampath closed at 218.10 rupees, down 70 cents.