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* New General Manager for Sri Lanka's Bank of Ceylon as Chairman steps down
Tue, Jan 8, 2013, 12:08 pm SL Time, ColomboPage News Desk, Sri Lanka.

Dec 08, Colombo: Experienced banker D.M. Gunasekara will assume duties as the new General Manager of the Sri Lanka's state owned Bank of Ceylon today, according to banking sector sources.

D.M. Gunasekara, a banker with 29 years of experience in Bank of Ceylon, has acted as Deputy General Manager prior to the new position. He replaces K. Dharmasiri, who is retiring today.

Meanwhile, the Chairman of the Bank of Ceylon Gamini Wickremasinghe will also step down today after five years at the helm.

Wickremasinghe recently said that he had handed over the resignation from the post in August. Formally announcing resignation he said he would cover the duties as the head of the Bank of Ceylon until replacement was found.

He admitted that there was a controversy with the President's son Namal Rajapaksa as reported by media but said it was not the cause for his resignation.

** Related Story :: Bank of Ceylon Chairman says that controversy with Namal was not the reason for his resignation

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