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Chairman
With extensive knowledge and experience in finance, administration and logistics through his works at the Ministry of Fisheries, Crown Company and Fari Maldives Limited, Ahmed Nazeer is a founder of Crown Company, an entrepreneur known for his proficiency and contribution to both the Government and private sector.
Nazeer had served on the Board of Maldives Airports Company Limited and Maldives Monetary Authority in the past. In addition to this, he serves as the Secretary General of Maldives Association of Tourism Industry and serves the Government on advisory capacity on tourism related areas.
Deputy Chairman
Mr Sanath Manatunge is a Fellow of Chartered Institute of Management Accountants – UK (FCMA – UK) and a Chartered Global Management Accountant (CGMA). He holds a Master of Business Administration (MBA) Degree from the University of Sri Jayewardenepura with a Merit Pass. He has also earned an MSc in Sustainable Management from the University of Bedfordshire, UK. He is also a Fellow Member of the Institute of Bankers – Sri Lanka (FIB), a Fellow of the Institute of Certified Management Accountants of Sri Lanka (FCMA), a Fellow of the Chartered Management Institute, UK (FCMI) and Member of Certified Practicing Accountants – CPA (Aust.).
He joined the Commercial Bank of Ceylon PLC in 1989. Prior to being appointed as Managing Director/Chief Executive Officer, he functioned as the Executive Director/Chief Operating Officer of the Bank since 2018. He counts for 36 years of experience having held Corporate Management / Senior positions such as Deputy General Manager – Corporate Banking, Chief Risk Officer, Head of Credit Risk and Chief Manager – Corporate Banking.
In addition, he also serves on the Boards of Commercial Development Company PLC, a listed company in the Colombo Stock Exchange.
He also holds the positon of Chairperson of the Sri Lanka Banks’ Association (Guarantee) Limited. Furthermore, holds positions as Vice Chairman of The Employers’ Federation of Ceylon, Executive Member of The Council for Business with Britain, Member of the UNICEF Business Council and Ex-Officio Member of the Stakeholder Engagement Committee of Central Bank of Sri Lanka.
Managing Director/ CEO
Elmo boasts a distinguished 38-year career in banking. His tenure as the Chief Operating Officer at the Commercial Bank of Maldives, followed by his elevation to Managing Director, marks the pinnacle of his professional journey. As the former Regional Manager in Colombo North and Uva/Sabaragamuwa Region, overseeing 24 and 17 branches respectively, Elmo showcased strategic acumen in achieving organizational goals.
In his role as Senior Manager/Officer In Charge of Development Credit Dept, Elmo played a pivotal role in steering the development of the SME sector, managing credit concentration, and collaborating with apex institutions. Holding a Masters Degree in Business Studies from the University of Colombo, he has been an Associate Member of the Institute of Bankers of SL since 1996. He is also a life member of Association of Professional Bankers and Organization of Professional Associations in Sri Lanka. His international training encompasses business competency development, customer experience, negotiation skills and lending.
Beyond his professional accomplishments, Elmo actively contributes to community service. He has served as the Treasurer of the Ratnapura District Cricket Association from 2013 to 2023 and holds a Board Member position in the Lions Club of Ratnapura.He is also a life member of the Sri Lanka Red Cross Society. As a seasoned banking professional and a dedicated individual, Elmo is committed to making a positive impact in any community he serves.
Non Executive Director
Mr. Sellathurai Prabagar is a senior banker with over 26 years of diversified banking experience with Commercial Bank and currently serves as the bank’s Chief Operating Officer and Executive Director. He is also a non-executive director at the Board of CBC Technologies Ltd, a fully owned subsidiary of the bank.
He in the past has performed the roles of Chief Operating Officer and Country Manager of the bank’s Bangladesh Operations, AGM – Management Audit, AGM – Operations and DGM – Corporate Banking.
His other contributions include serving as the Chairman of Roadmap Committee appointed by Central Bank(CBSL) on implementation of Blockchain technology in Sri Lanka, representing the bank at National Payment Council meetings at Central Bank, serving as the bank’s Ombudsman in resolving customer complaints with Financial Ombudsman of the country and serving as a member of BTAC (Bankers Technical Assistance Committee) appointed by Bankers Association of Sri Lanka, to take up operational issues faced by banks.
Mr. Prabagar holds an MBA in Banking from University of London, an Associate of Institute of Bankers (AIB – SL), and B.Com from Bharathidasan University in India.He is fully qualified in CIMA (Chartered institute of Management Accountants – UK), and CISA (Certified in System Audit – USA), also holding a diploma in System Security and Control Audit (DISSCA – CASL).
Non Executive Director
Mr. Thusitha Prasad Suraweera is a seasoned banking professional with over 24 years of experience at the Commercial Bank of Ceylon PLC, where he currently serves as the Assistant General Manager – Transformation. His career spans multiple leadership roles, including Assistant General Manager – Operations and Head of the Card Centre, where he was instrumental in driving operational excellence and digital innovation.
He has successfully led key projects such as the Core Banking system upgrade across multiple regions, the establishment of Sri Lanka’s first in-house chip card personalization facility, and major advancements in card issuance and acquiring services. Under his leadership, the bank achieved market leadership in debit card usage and transaction volumes.
Mr. Suraweera is a member of the Chartered Institute of Management Accountants (UK) and is recognized for his ability to drive technology-led transformation, promote customer-centric innovation, and lead complex change management initiatives.
Non Executive Director
Dr. Vishan currently manages the diverse asset portfolio of Champa Brothers and Kuredu Holdings which consists of but is not limited to: real estate both commercial and residential, food and beverage supply, fuel supply, agriculture, healthcare, hotels and resorts, aviation, finance leasing and banking, warehousing and logistics, telecommunication, and information technology.
Dr. Vishan has an academic background in tourism and business economics and completed his doctorate in the UK in 2013. He has also served as the Manager of research and development for MATI. His position required him to interact extensively with the IMF, World Bank, government ministries, private sector businesses, NGO’s and local communities giving him an insight into stakeholder issues in the Maldives at various levels.
Non Executive Independent Director
Mr. Ibrahim Mohamed, brings a wealth of experience in tourism, finance, and corporate governance. He is currently serving as the Executive Director of NPH Investment Pvt Ltd, a subsidiary of the LOLC-Browns group, one of the largest business conglomerates in Sri Lanka.
Mr. Ibrahim Mohamed holds a Master of Science degree in Tourism from the Scottish Hotel School, University of Strathclyde, UK, and a degree in Business and Finance from SGIHE (Cardiff Metropolitan University), UK. He has also completed professional director training in Singapore, UAE, and the UK.
His extensive experience encompasses senior management roles in both public and private sectors, including tourism marketing, banking and financial services, hotel management, pharmaceuticals, real estate, and business consultancy.
Mr. Ibrahim Mohamed has held various government positions in tourism and finance, including Chairman of Hulhumalé Development Corporation Ltd and Director at the Ministry of Finance and Treasury.
Furthermore, he has served on the Board of Directors of several government-owned enterprises such as Bank of Maldives PLC, State Electric Company Ltd, Island Aviation Services Ltd, Maldives Ports Ltd, and Maldives Airports Company Ltd.
Additionally, he serves on the boards of several private companies in the finance, trading, fisheries, hospitality, and travel sectors, including Tropical Island Holidays, Maldives Travel and Trading Co., NPH Investment and NPH Developments.
Mr. Mohamed has also been the Maldives Alternative Governor to the Asian Development Bank and a representative to the South Asia Development Fund.
Non Executive Independent Director
Mr. Ishag Usman is a distinguished finance professional with over 25 years of experience in financial management, strategic planning, and corporate governance. He currently serves as the Chief Financial Officer at Reethi Rah Resort Pvt. Ltd. and is the Managing Partner of A.I.X Associates LLP, a licensed audit firm in the Maldives.
He previously held senior leadership roles at Dhiraagu, including Senior Manager – Financial Planning & Analysis, where he was instrumental in major financial initiatives such as the company’s IPO and key capital investments.
Mr. Ishaq is a Fellow of the Institute of Chartered Accountants of Maldives (ICAM), a member of CPA Australia, and an Associate Member of the Chartered Institute of Management Accountants (CIMA).
Non Executive Independent Director
Mr. Darshan Perera is a highly accomplished finance professional with over 30 years of experience in investment banking, corporate finance, and executive leadership catering to clients across Sri Lanka, Bangladesh and Maldives. He currently serves as Consultant Director at CT CLSA Holdings Limited, where he plays a strategic role across investment banking, asset management, and securities trading.
Previously, Mr. Darshan Perera was the Chief Executive Officer of NDB Investment Bank Limited (NDBIB) for over 15 years, during which he led the institution to be recognized as Sri Lanka’s best investment bank for over 13 years continuously. His extensive career at NDBIB spanned more than two decades, and was marked by consistent contributions to capital markets and financial advisory services, and has led NDBIB team to successfully execute, the highest number of Equity IPOs (over 20) in both Colombo Stock Exchange (including the 2 largest IPOs) and Maldivian Stock Exchange (including the largest), number of M&As, and debt raisings via debentures, loan syndications and other debt instruments amounting to over LKR 500 billion.
Mr. Darshan Perera holds a B.Sc. in Physical Science and an MBA from the University of Colombo. He also possesses professional qualifications from the Chartered Institute of Management Accountants, UK and holds Associateships of the Institute of Bankers of Sri Lanka and the Chartered Institute of Marketing, UK
H.Filigasdhoshuge,
Ameeru Ahmed Magu,
Male 20066
+960 3332668
