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BOC announces Acting GM/CEO

Daily FT

|

August 07, 2025

THE Bank of Ceylon (BOC) yesterday announced the appointment of Y.A. Jayathilaka as the Acting General Manager (GM)/CEO with the conclusion of the service period of W.P.R.P.H. Fonseka, who held the post until 5 August 2025, as per the terms and conditions of his service contract.

Prior to the Acting appointment, Jayathilaka was Deputy General Manager - Product and Banking Development.

He was appointed to the Corporate Management of the bank in February 2020 and has since held several key leadership positions, including Deputy General Manager (Support Services), Deputy General Manager (RecoveryProvinces), Deputy General Manager (Development Banking and Branch Credit Operations), and Deputy General Manager (Products and Banking Development).

MEER VERHALEN VAN Daily FT

Daily FT

Softlogic Life ignites resilient spirit of Sri Lanka at start of 2026

Life welcomed 2026 with a campaign that reframes the way Sri Lankans see themselves and each other, moving beyond recovery narratives and crisis headlines to celebrate a nation defined by resilience, quiet excellence, and an unshakable ability to move forward.

time to read

3 mins

January 19, 2026

Daily FT

First Capital to unveil Sri Lanka's economic outlook and investment strategies 2026

FIRST Capital Holdings PLC (the Group), a subsidiary of JXG (Janashakthi Group) and a pioneering force in Sri Lanka’s investment landscape, is set to host the 12th edition of its renowned 'First Capital Investor Symposium' on 22 January 2026 at Cinnamon Life Colombo, starting from 5.30 pm onwards.

time to read

1 mins

January 19, 2026

Daily FT

Vera Wickramasinghe sweeps WCIC Women Entrepreneur Awards 2025

WORLDLINK Shipping Colombo Owner and Managing Director Vera Wickramasinghe last week swept the Women's Chamber of Industry and Commerce (WCIC) Prathibhabhisheka Women Entrepreneur Awards 2025, at which Prime Minister Dr. Harini Amarasuriya was the Chief Guest.

time to read

1 min

January 19, 2026

Daily FT

Sri Lanka entering investment- constrained recovery phase

HNB Stockbrokers releases economic outlook at HNBIB investment forum Real GDP growth forecast at about 4.5% in 2026; nominal GDP expected to reach around Rs. 35 t Re-entry to international Bond markets seen as contingent on debt-to-GDP falling below 80% Recovery remains consumption-led, with investment still below pre-crisis levels Current account surplus forecast to narrow sharply as vehicle imports ease, debt servicing rises

time to read

3 mins

January 19, 2026

Daily FT

Janashakthi Life strengthens Executive team with key leadership appointments

Appoints Namalee A Silva as Chief Business Officer and Shankar Dharmaratne as Chief Digital Officer

time to read

1 mins

January 19, 2026

Daily FT

Liquidator seeks buyer for Krrish Building mixed-use project

Total project value estimated at $ 712 m, $ 85 m worth work completed to date Original land cost $ 17 m

time to read

2 mins

January 19, 2026

Daily FT

Manufacturing, services expand in December despite Ditwah: CBSL PMI

THE manufacturing and services sectors have expanded sharply in December 2025 despite the impact of the Ditwah devastation as per the Purchasing Managers' Index (PMI) compiled by the Central Bank of Sri Lanka (CBSL).

time to read

1 mins

January 19, 2026

Daily FT

Vallibel Finance to raise Rs. 2 b via Rights Issue

Move to strengthen Tier I capital, finance expansion

time to read

1 min

January 19, 2026

Daily FT

AKD 66% progressive on election promises so far

PRESIDENT Anura Kumara Dissanayake has met 10 of his key election promises by November 2025, while 10 more are in progress, nine have shown no progress, and one has failed, according to the latest update of the 'Anura Metre' manifesto tracker.

time to read

1 min

January 19, 2026

Daily FT

EFC National Best Employer Awards 2025 tomorrow

THE Employers’ Federation of Ceylon (EFC) will host the inaugural EFC National Best Employer Awards 2025 tomorrow (20) at the Galle Face

time to read

1 mins

January 19, 2026

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