📈 Tech Veteran Shanil Fernando Joins NDB Bank Board

National Development Bank PLC (NDB) has announced the appointment of global tech leader Shanil Fernando as an Independent, Non-Executive Director to its Board, effective January 2026. This move highlights the banking sector's increasing focus on digital transformation and AI integration. • Professional Profile & Expertise - Over 25 years of global IT industry experience in scaling technology ventures. - Founding member of Virtusa Corporation (NASDAQ: VRTU), previously serving as CTO and VP. - Co-founder of Sysco LABS, the innovation hub for Fortune 100 giant Sysco (NYSE: SYY). - Current Chief Technology and AI Officer at Silicon Valley-based Cut+Dry, managing over US$ 10 Bn in GMV. • Strategic Value to Banking Sector - Deep expertise in ICT/BPM, AI, and global engineering operations. - Expected to drive NDB’s technological evolution, enhancing digital banking and operational efficiency. - Brings significant experience in real estate and property development through Fernando Ventures Ltd. • Key Industry Affiliations - Independent Non-Executive Director at John Keells Food Products PLC. - Former board member of SLASSCOM and former Secretary of the American Chamber of Commerce in Sri Lanka. - Awarded ICT Leader of the Year (2016) for his role in shaping the local tech landscape.