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Dec 17, 2007 (LBO) – Senior central banker P M Nagahawatte would be appointed as chairman of the National Development following the resignation of its long-time chairman, the bank said Monday. S K Wickremesinghe who was chairman of NDB for nine years has resigned with effect from January 01.

Sena Yaddehige has been confirmed as a government nominated director of NDB, the bank said in a stock exchange filing.

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