Commercial Bank of Ceylon PLC has appointed international investment banker Sharhan Muhseen as Chairman, and financial services professional Raja Senanayake as Deputy Chairman, from April 22.
Muhseen, previously Deputy Chairman of the Bank, succeeds Prof. Ananda Jayawardane as Chairman upon the latter’s retirement and Senanayake, a non-executive director, fills the vacancy created by Muhseen’s elevation to the position of Chairman of the Bank. Muhseen is a senior Investment Banker with extensive experience in the areas of Mergers and Acquisitions, Corporate Finance and Capital Markets.
Muhseen holds a Masters in Economics from the University of Colombo and a Bachelor of Business Administration (Hons) from Western Michigan University.
Muhseen’s most immediate previous role was as Managing Director, Head of South East Asia Financial Institutions Group (FIG) and Head of Asia Insurance at Credit Suisse based in Singapore
An independent non-executive director of Commercial Bank since September 2020, Raja Senanayake is a Fellow Member of CA Sri Lanka with over 30 years of post-qualifying experience and holds a B.Com (Special) degree from the University of Sri Jayewardenepura and a Postgraduate Diploma in Business Management from the PIM of the University of Sri Jayewardenepura.
Having completed his articles at Ernst & Young and qualifying as a Chartered Accountant, Senanayake joined Singer Industries (Ceylon) PLC in 1991 as the Financial Accountant and moved on to Commercial Bank as the Senior Manager Finance in 1994.
