Nihal Fonseka

Nihal is a distinguished career banker, having served as the Chief Executive Officer Director of DFCC Bank from 2000 until his retirement in 2013. He currently chairs Phoenix Industries Ltd and serves as a Non-Executive Director and Chairman of the Investment Committee at Phoenix Ventures Ltd. Additionally, he holds the position of Senior Independent Director and Chairman of the Group Audit Committee at John Keells Holdings PLC. Nihal’s extensive experience includes membership on the Monetary Board of the Central Bank of Sri Lanka from 2016 to 2020 and presidency of the Sri Lanka National Advisory Council of the Chartered Institute of Securities and Investments, UK from 2011 to 2020. Before joining DFCC Bank, he served as the Deputy Chief Executive of HSBC Sri Lanka. Nihal has chaired the Colombo Stock Exchange and the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP). He has also contributed to various government commissions, including the Presidential Commission on Taxation (2009), the National Procurement Commission, and the Strategic Enterprise Management Agency (SEMA). Holding a B.Sc from the University of Ceylon, Colombo, Nihal is a Fellow of the Institute of Financial Studies (FIB) UK and an Honorary Fellow of the Chartered Institute of Securities and Investments, FCSI(Hon), UK.