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.

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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.

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Sampath closed at 218.10 rupees, down 70 cents.