The Nomination Committee comprises of Mr. M.J.C. Amarasuriya, Chairman and Mr. B. R. L. Fernando, Deputy Chairman and Mr. A.L. Gooneratne, Managing Director attends meetings by invitation. Ms. Janaki Kuruppu who was also a member of the Committee resigned from the Board of Directors of the Company and the Committee with effect from July 15, 2010. The Committee Members are appointed by the Board of Directors of the Bank. Mrs. R.R. Dunuwille, the Company Secretary of the Bank, functions as the Secretary of the Committee.
The mandate of the Committee includes inter-alia the following;
The Committee met twice during the year under review. The attendance of Committee Members at meetings is stated in the table on Board Sub-Committees. The proceedings of the Committee meetings are regularly reported to the Board of Directors.
The Committee continues to work closely with the Board in reviewing regularly, the skills needed for the Bank and the Board. The Committee is satisfied that the representation of skills on the Board is appropriate for the Bank’s current needs.
Chairman - Nomination Committee
February 15, 2011