Sunshine Holdings appoints S. Renganathan to Board | Sunday Observer

Sunshine Holdings appoints S. Renganathan to Board

19 June, 2022
S. Renganathan
S. Renganathan

Sunshine Holdings has appointed Sivakrishnarajah Renganathan (S. Renganathan) to the Company's Board as an Independent Non-Executive Director from May 27. With the new appointment, the Board of Sunshine Holdings will comprise 11 Directors, eight of whom are non-executive, independent directors.

With 41 years in the banking sector, Renganathan is a financial savant who has contributed to the success, growth and direction of financial markets in key leadership positions at several top-tier, local and foreign financial institutions such as Commercial Bank of Ceylon – Sri Lanka, Bangladesh operations acquired from Credit Agricole Indosuez – Bangladesh, and Commercial Bank of Maldives.

In 2003, he was appointed as the first Country Manager of the Credit Agricole Indosuez Bangladesh’s operations, which was the first-ever overseas operation of the Bank. On his return to the country, he held a number of leadership positions in the organisation, contributing greatly to its success until ultimately, he was appointed to the pivotal role of Managing Director/ Chief Executive Officer of the Bank.

Currently, he serves as the Vice Chairman of the International Chamber of Commerce Sri Lanka, an Executive Member of the Ceylon Chamber of Commerce, an Executive Member of the Council for Business with Britain, a Member of the Sri Lanka Institute of Directors, and the Vice President of the Sri Lanka India Society and an Executive Member of the Council for Business with Britain.