NDB Wealth Bolsters Leadership to Manage Rs. 340 Bn Asset Portfolio 📈

Sri Lanka’s largest private sector asset manager, NDB Wealth Management Ltd, has announced key senior promotions to strengthen its leadership bench amidst a growing demand for research-led investment solutions. • Core Metrics: The firm currently manages over Rs. 340 billion in Assets Under Management (AUM), catering to retail, institutional, and high-net-worth segments within the financial services sector. • Key Leadership Appointments: • Priyal Mendis promoted to Chief Operating Officer (COO), focusing on operational efficiency and capital markets strategy. • Daham Hettiarachchi appointed Chief Investment Officer (CIO), overseeing portfolio strategy and macro-driven analysis. • Amaya Nagodavithane elevated to Senior Vice President; she notably manages the NDB Wealth Money Fund, the nation's largest unit trust. • Amali Pathirana promoted to Assistant Vice President, bringing 17+ years of expertise in operational and financial management. • Economic Context: These appointments aim to navigate Sri Lanka’s evolving investment landscape by enhancing asset management capabilities and internal talent development. As a subsidiary of NDB Capital Holdings, the move consolidates the group’s dominant position in the banking and finance industry.