NDB Wealth Management appoints Ruwan Perera as new CEO

NDB Wealth Management Limited, has appointed Ruwan Perera as the new Chief Executive Officer, from June 2022. Ruwan served as Chief Operating Officer since 2014 and has been a pioneering team member of NDB Wealth since 2009 when it was established under NDB Group. He succeeds Prabodha Samarasekera, who recently retired after serving as CEO for 13 years.

Backed by over 20 years of experience in the financial services sector including Fund Management and Primary Dealer industries, Ruwan Perera has all-round experience in the fund management industry and was instrumental in establishing the retail sales segment for NDB Wealth which is by far the largest in the industry.

Commenting on his new appointment Ruwan stated, “I am truly honored and privileged to take on this new role at NDB Wealth Management especially in such a challenging environment locally and globally. The priorities and needs of our clients, people, regulatory bodies and other stakeholders are being put to the test and are changing rapidly too. I am eagerly looking forward to leading a very strong and talented team who have the unique capabilities to capitalize on the ever-changing global financial landscape in thoughtful and innovative ways which will definitely benefit all our stakeholders.”

“Ruwan’s outstanding ability and leadership, coupled with his experience in the fund management arena on advising clients makes him an ideal person for this role. “We strongly believe Ruwan will be able to provide the leadership for NDB Wealth Management’s next phase of growth and work closely with rest of NDB Capital group companies and NDB to harness group synergies”, said Senaka Kakiriwaragodage, Chief Executive Officer of NDB Capital Holdings Limited, Investment Banking cluster of NDB Bank

An Alumnus of the University of Colombo, Ruwan graduated with a BSc in Physical science. He has served as the President of the Unit Trust Association of Sri Lanka since 2016 and possesses an MBA in Finance together with a Master of Arts in Financial Economics, from the University of Colombo. Ruwan is also an Associate Member of the Chartered Institute of Management Accounting (ACMA, UK) and a Member of the Chartered Global Management Accountant (CGMA). Furthermore, Ruwan has sharpened his leadership skills through executive programs by the Harvard Business School and Indian Business School.

NDB Wealth is a 100% owned subsidiary of the NDB Capital Holdings Limited which in turn is a subsidiary of NDB Bank, one of the fastest growing financial services conglomerates in Sri Lanka, with the strategic mission to be the leader in the financial services and banking sector. From its inception, the group which includes NDB Bank, NDB Investment Banking, NDB Wealth, NDB Securities, and NDB Capital has been a catalyst in the development of the nation, strengthening and empowering entrepreneurs, corporates and individuals from all strata of the economy. The customers across all NDB Group companies have benefited from the extensive product and service offerings of the NDB Bank and its affiliates.