In an unexpected development, Hatton National Bank Chairperson Ms. Aruni Goonetilleke submitted her resignation yesterday (Friday) at a special meeting of the board and a new chairperson was appointed.The move surprised the stock market.

Following her resignation, the board decided to appoint Non-Executive/Non-Independent Director Nihal Jayawardene PC as the new Chairman of HNB, with effect from June 9, 2023.

HNB also announced the appointment of Non-Executive/Independent Director Parakrama Devaka Cooray as a Senior Independent Director of the board of HNB, with immediate effect.