Dinesh Weerakkody relinquishes office as Commercial Bank Director/Chairman

July, 25, 2014

Commercial Bank of Ceylon PLC Chairman Dinesh Stephan Weerakkody will relinquish office as Director/Chairman on 20 July 2014 after completing nine years as a Director of the bank.

Mr. Weerakkody was appointed to the Board of Commercial Bank of Ceylon in July 2005. He was appointed Deputy Chairman in August 2011 and as the seventh Chairman of the bank on 30 December 2011. He also served as the Chairman of the Board Audit Committee and Remuneration Committee.

The shares held by Mr. Weerakkody in the Commercial Bank to date is 26,867 voting shares and 12,452 non-voting shares.