Board of Directors of HDFC Bank
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R. M. R. W. Manchanayake Mrs. R. M. R. W. Manchanayake (Chairperson / Non-executive / Independent Director)

Mrs. R. M. R. W. Manchanayake was appointed as a Director and the Chairperson of the HDFC Bank with effect from 02nd January 2020.

Mrs. Wasanthi Manchanayake is an Attorney – At ‐ Law and she was attached to Department of Inland Revenue since 1984 as an Assessor and has been promoted to Commissioner General of Inland Revenue in 2014. Later she worked as a Senior Tax Policy Consultant at the Ministry of Finance from 2015 to 2019.

During her service period in Inland Revenue Department she has actively and successfully devoted her service contributing for the implementation of the RAMIS project (Automation project) as the project director. She also has attended several workshops and training programs overseas on E-Governance practice and innovation, at the Singapore E-Government Leadership Center, Tax fraud auditing and collection techniques in California USA, Negotiation of Tax Treaties in Malaysia, Training programs in Tax Administration in Nagpur and Delhi, OECD Transfer Pricing in Paris and Practical training on Best Practices in Public Service in Thailand.

Mrs. Wasanthi Manchanayak is a past Pupil of Gampaha Bandaranayake Vidyalaya and obtained her degree in Economics specially in Industrial Management. Further she has obtained Diploma in foreign languages and Diploma in English from Sri Lanka Technical College. While qualifying at Sri Lanka Law College she has obtained a Diploma in Advanced Professional English from the University of Colombo. Later on Sri Lanka Institute of Development Administration awarded her the Diploma in Information Technology, and in 2009 she was awarded the Degree of Master of Public Management.


DR.Gunawardana DR. K. D. Gunawardana(Non- Executive, Independent Director)

Prof. Dr. Kennedy D. Gunawardana is Professor of Accounting Information Systems at the Department of Accounting, University of Sri Jayewardenepura, Sri Lanka.

In addition to being the professor of Accounting in his Department, he is the Chairman of the Board of studies and Coordinator of the PhD in Management Program of Management, Faculty of Management studies and Commerce in the same University. He teaches Cost and Management Accounting, Accounting Information Systems, Artificial Neural Networks for Accounting and Research Methodology in Accounting and Finance for the undergraduates and Postgraduates students.

Prof. Gunawardana worked in several public sector and private sector organization as Chairman and presently, he is Board member of the Post Graduate Institute of Sri Jayewardenepura (PIM) and member of the Syndicate Committee of Institute of Human Resource Advancement, University of Colombo (IHRS).

Prof. Gunawardana is the first Sri Lankan who made link with Artificial Intelligence to the Field of Accounting and Finance for Corporate sector predictions, he has developed new course unit called, artificial neural network for accounting and it is very popular course among the University students today.

Prof. Gunawardana is working as a Visiting Faculty member of the University of Moratuwa, University of Kalaniya and University of Colombo in their MBA programme in the area of Accounting, Management Information Systems and Research Methodology. With over 100 research articles published in refereed conferences proceedings, numerous other papers and monographs, 6 text books in English and 3 books in Sinhala, 2 chapters of the International books come under his credentials. Prof. Gunawardana ranks in the top number one in teaching, training and research in the field of Academia. At the moment he is serving as senior professor of Accounting Information Systems in University of Sri Jayewardenepura, Sri Lanka.

MRS. Noor DR. S. NEAVIS MORAIS(Non- Executive, Independent Director)

Dr. Neavis Morais, is a Development Economist with wide international exposure. He completed his Ph.D at the Asian Institute of Technology in Thailand through an ADB Award, and the Master’s Degree in Economics at the University of Colombo. Currently he serves at the Open University of Sri Lanka as the Head of the Department of Social Studies of the Faculty of Humanities and Social Sciences.

He has extensive experience in teaching, research, academic administration and national development frontiers and remains actively involved in policy development work of the United Nations System, the private sector, the Non- governmental organizations both local and international and the public sector. Working in the broad frontier of post war economic transformation, his inputs have been positively acclaimed by professional teams involved in the Human Development Reports of the United Nations Development Program since 2014.

He has also taken a keen interest in practical measures that can be taken in empowering people through Micro Finance Programs and was instrumental in developing a major university program in collaboration with the Central Bank of Sri Lanka in empowering bank officers in the Regional level development banking sector. Among the other Programs he has engineered, the Micro Finance Research Program together with the University of Lund in Sweden is noteworthy. He has also internationally represented issues relating to Sri Lankan Youth development training in global conferences in the United Kingdom, South Africa, Uganda and in other countries.

Dr. Morais has experience in working for conflict affected people particularly in projects aimed at uplifting their livelihoods. This enables him to relate to the socio-economic burdens of the marginalized countrywide not only from a scholarly point of view but from the standpoint of someone who experienced war torn conditions. He is a firm believer in holistic development of mankind with a proper balance between physical and material development and spiritual and cultural development.

DR.Gunawardana Mr. P. A. S. Athula Kumara(Non- Executive, Independent Director)

Mr. P A S Athula Kumara was appointed as a Director of the HDFC Bank with effect from 11th March 2020.

Mr. Athula Kumara is an old boy of Bandaranayaka College, Gampaha and he is a Bsc Management (Public Admin.) (Special) degree holder from the University of Sri Jayawardhanapura in 1992. He obtain his Masters degree in Business Studies in University of Colombo in 2015. Athula Kumara is a Class I Officer of Sri Lanka Accounts’ Service. And also he is a member of Chartered Public Accountant in The Institute of Chartered Accountants of Sri Lanka.

Having join the Public Service in 1991 as an Audit Examiner in Auditor General’s Department. He started his carrier as an Accountant in Lankaputhra Divisional Secretariat of Polonnaruwa District and well as Thalawa Divisional Secretariat of Anuradhapura from 1992 – 1997. During the period of 1997 – 2005, served as an Accountant in Director’s Office of Agriculture in the North Central Province and until 2007 he worked in Ministry of Mahaweli, Irrigation, Rajarata Development and Agriculture in Battaramulla.

Mr. Athula Kumara joined in Department of Public Enterprises, Ministry of Finance in 2007 and he holds several positions in Department of Public Enterprises. Currently he is working as Director General in Department of Public Enterprises.

He has gained Foreign Training and Exposure in related to Accounting and Financial Management from reputed international Institutions/Universities.

He has also been a Director/Board Member of several Statutory Institutions including Colombo Commercial Fertilizer, Mantai Salt Ltd.,Building Material Corporation, Ceylon Agro Industries Ltd., Lanka Hydrolic Ltd., Ceylon Ceramics Corporation. And also he served as a member of several expert committees Sri Lanka Transport Board, National water Supply & Drainage Board, Road Development Authority. Athula Kumara worked as a Chief Executive Officer in Local Development Fund from 2012-2014.

Mr. D. M. A. K. Dasanayaka Mr. D. M. A. K. Dasanayaka ((Non – Executive, Non Independent Director)

Mr. D. M. A. K. Dasanayaka was appointed as a Board Member of the HDFC Bank in August 2020.

He is an Attorney-At-Law and has a National Diploma in Technology (Agriculture) from the NDT. He started his career at Tea Small Holdings Development Authority. Currently he is the vice Chairman of the National Housing Development Authority.

Mr. Dasanayaka held several key positions earlier, such as Chairman, of the Corporative Employees Commission (2005 – 2015) under the Ministry of Internal Trade and Corporative.

He had undergone many foreign and local training programs on Developing and Managing Extension Approaches conducted by Development Consultant for Asia and the Pacific (DCAP) held in Manila, Philippines. Training Program on Management Skill Development, held in University of Centro Soyuz, in Russia. Efficiency Development Program conducted by Sri Lanka Institute of Development and Administration (SLIDA) in 1991. Training Course on Efficiency Enhancement conduct by National Institute of Plantation Management (NIPM) in 1993. In Plant Training Programs conducted by National Apprenticeship Board.

Mr. L. E. Susantha Silva Mr. L. E. Susantha Silva (Non – Executive, Non Independent Director)

Mr. Silva, flank with fellow-member qualification from numerous professional bodies both local and global, count 38 years of experience serving giant establishments, once again both local and global.

He holds fellow memberships from the Institute of Chartered Accountants of Sri Lanka (FCA), Institute of Certified Management Accountants of Sri Lanka (FCMA), Institute of Chartered Professional Managers of Sri Lanka (FCPM). He also holds memberships of Certified Practicing Accountants of Australia (MCPA), Association of Computer Society of Australia (MACA). He is a B. Com (Sp) graduate from the University of Kelaniya and has obtained MBA Qualification from the Open University of Malaysia.

Mr. Silva is currently functioned as the Executive Director of Litro Gas Lanka Limited. In addition, he represents the Councils of the University of Kelaniya and the Post Graduate institute of Pali and Buddhist Studies of the University of Kelaniya as a Council Member. Also chair the Audit Committee of the University.

He was the forma Managing Director/CEO at the Ceylon Petroleum Corporation where he was also a member of the Board of Directors and functioned as acting Chairman during several instances. Ha also held multiple positions in Cabinet appointed committees in Sri Lanka. Thereafter he has served as a Vice Chancellor/CEO of the IBS University of Papua New Guinea that is affiliated to Southern Cross University of Australia. He also has served as the Regional Director for the African Business for a Group of Companies based in the UK. He was a member of the Board of Directors of Airport Aviation Services (Sri Lanka) Limited and chaired the Audit Committee. In Addition, Mr. Silva chaired the Audit committee of the HDFC being a Board Member during June 2012 to May 2015.

The vibrant profile of Mr. Silva has innumerable very senior and Board Director level positions held from time to time, serving multinational companies in the UK, Africa, Middle East & Papua New Guinea. To sum up it all up, he has held Chief Executive Officer (CEO) positions 7 times during his executive tenner Nationally and Internationally. Mr. Silva also has close association to Information Technology and has spearheaded many IT verticals which include being the President of Papua New Guinea Computer Society in the global context and has been at the helm of IT Department in local establishments. He also has rendered in the capacity of trainer of human capital developments and lecturer in many recognized institutes, universities, both local and global.

Professor A. Jayamaha Professor A. Jayamaha (Non – Executive, Non Independent Director)

Professor Ariyarathna Jayamaha, Professor of Accounting in the Department of Accountancy, University of Kelaniya and at present he is the Dean of the Faculty of Graduate Studies of the University of Kelaniya, Sri Lanka.

Over the 35 years of service in the University of Kelaniya, Sri Lanka, Professor Jayamaha served as the Head of the Department of Human Resource Management, Head of the Department of Accountancy and Coordinator of the Master of Business Administration programme in the Faculty of Commerce and Management studies, University of Kelaniya, Sri Lanka. In 2005, he proceeded to the University of Southern Queensland, Australia, for his Doctoral studies, and in 2010 he was awarded the Degree of Doctor of Philosophy. His PhD research at the University of Southern Queensland, Australia, was on the “Accounting and Financial Practices and Efficiency of Small Financial Institutions in Sri Lanka. Professor Jayamha’s work has focused on the efficiency of small and medium size enterprises in Sri Lanka. His finding is presented in national and international Conferences and published in many peer reviewed local and international journals and cited by many researches around the World.

Professor Jayamaha is also a Fellow Member of the Institute of Chartered Accountants of Sri Lanka and practitioner and precedent partner of Jayamaha, Pushpakumara and Company. As a qualified Chartered Accountant he discharged his duties as a consultant for various types of extension programs and thereby he would be able to contribute policy making endeavours for the National Education system of Sri Lanka. Further, Prof. Jayamaha renders his service as a reviewer of the institutional review of Sri Lankan Universities and higher educational institutions conducted by the University Grant Commission in Sri Lanka and Director Board member of Sri Lanka Accounting and Auditing Monitoring Board.