💼 Russel Fonseka Appointed as New CEO of MBSL

• Executive Appointment: Merchant Bank of Sri Lanka & Finance PLC (MBSL) has officially announced the appointment of veteran banker Russel Fonseka as its new Chief Executive Officer (CEO). • Industry Experience: Fonseka brings over 30 years of experience in the Sri Lankan banking and financial services sector. He previously held multiple senior leadership roles at the Bank of Ceylon (BOC), ultimately retiring as its General Manager/CEO in August 2025. • Core Expertise: His professional background spans strategic leadership, banking operations, financial management, corporate governance, risk oversight, and regulator engagement. • Academic & Professional Credentials: - Alumnus of the Advanced Management Programme at Harvard Business School (USA). - Holds an MBA from the University of Southern Queensland (Australia) and a B.Sc. in Business Administration from the University of Sri Jayewardenepura. - Fellow Member of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) and a Senior Fellow Member of the Institute of Bankers of Sri Lanka (IBSL). • Strategic Outlook: Fonseka’s leadership is positioned to drive MBSL’s ongoing strategy focused on growth, innovation, and institutional transformation within the local financial landscape.