He counts for over 18 years of experience in leading teams and marketing products and services. Furthermore, Mr. Ranasinghe was instrumental in ensuring flexibility in response to an increasingly demanding marketplace and the continued development of strategic re-seller and supplier relationships. He has an excellent track record of building and strengthening online services to meet and exceed the high expectations of customers in diversified markets. His unique leadership style and determined effort towards creating sustainable and resilient workplaces that minimize the impact on the environment while addressing climate change through greener more energy efficient materials and innovative ways of conserving precious resources has been recognized by state and private institutions locally and internationally.
He has been awarded many times in recognition for his dedicated services rendered to the University of Colombo over a period of three decades. Majula Wellalage is an Attorney-at-Law who has been in practice at the Private Bar Association for nearly two decades. During his illustrious legal career, Mr. Wellalage has organized numerous projects and programs on constitutional reform as well as raising community legal awareness whilst intervening to resolve critical legal issues at national level on behalf the Ministry of Justice. He is an officer of Sri Lanka Administrative Service, counting over 25 years of experience in the public service.
He is an Attorney-at-Law. He has gained extensive exposure in various management level capacities in the branch network of the Bank and Corporate Banking Division.
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He has 12 years of experience in Corporate and Executive Management positions. He has been exposed to all aspects of Banking. He has been a member of the Key Management Committees of the Bank. Ms Renuka Jayasinghe joined the Bank in as a Management Trainee and counts over 33 years of experience in the field of banking. He was appointed as the President of the Association of Primary Dealers in July and acts in this position at present.
Since he holds the position of Deputy General Manager Channel Management Department and is in charge of seven departments covering Banking Support Services, Supplies, Transport, Security, Maintenance Engineering, Building Engineering, and Desk Top Publishing where he has gained immense experience in procurement, construction and maintenance, stores and inventory control, transport and security procedure.
During his banking career, he has participated in various exposure programmes both locally and internationally and has vast knowledge in managing business banking.
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He joined the Bank as a Management Trainee and counts over 33 years of service at the Bank. His prior employers include some of the largest multi-national professional service firms and other Tier I service providers across respective market spaces. During her 34 years of experience as an Attorney-at-Law she has gained immense exposure by participating in many local and international programmes, events, and forums. Mr P R S Jayatissa joined the Bank in year as a Management Trainee and he counts over 29 years of experience in the Bank, covering the branch operations in the branch network and Human Resources aspects.
His professional experience, which spans over 19 years specifically in Human Resources with extensive knowledge in Human Resources Administration, including sound industrial relationship management. He has been exposed to both international and domestic training programmes with relevance to Human Resources. Ms Jayanthi Kurukulasooriya joined the Bank, as a Management Trainee in and counts over 26 years of experience in the banking field.
Ms Nipunika Wijayaratne serves as the Deputy General Manager of Transaction Banking, counting over 29 years of experience in banking, having joined the Bank in as a Management Trainee. She has experience in Trade Services and Correspondent Banking and prior to joining the Bank, she served in the private sector. He has wide knowledge in Information security implementations as well.
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Our Business Values Being the Pulse of the Nation Our bank from humble beginnings has become the pulse of every Sri Lankan by enhancing their living standard whilst supporting State endeavors and socio economic development considering the aspirations of the nation. Board of Directors. Sujeewa Rajapakse - Chairman Mr. Isuru Balapatabendi - Director Mr. Malindu Ranasinghe - Director Mr. Mr Keerthi Goonatillake - Director Mr. Manjula Wellalage - Director Mr. Vimalenthirajah - Director Mr. Bhadranie Jayawardhana - Director. Corporate Management.
Executive Management. Secretary Mr. Gardiner Mawatha, Colombo 2, Sri Lanka. Wijewardena Mawatha, Colombo 10, Sri Lanka. Decades at a Glance - People's Bank was inaugurated on 1st July The first branch was opened at Duke Street, Colombo. The total number of employees stood at Gardiner Mawatha, Colombo 2. The total number of branches increased to 48, which included new ones at Horana, Kekirawa, Padaviya, Mannar, Embilipitiya, Kahatagasdigiliya, Ragala and Talawakele.
Investment Savings Scheme, a credit linked saving scheme was launched to attract regular savers. A Comprehensive Rural Credit Scheme was launched to provide both production and consumption credit facilities. Gardiner Mawatha. The total number of employees at the Bank reached 5, The first Fisheries Bank was opened at Koralawella. The Extended Minor Savings Scheme was launched. Total number of employees reached 10, Customer turn-around time was thereby significantly reduced.
The Bank launched a scheme in association with the Sri Lanka Foreign Employment Bureau to provide loans for job seekers abroad. A Janasaviya associated loan scheme was introduced during the year.
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The Bank commenced the issue of Negotiable Savings Certificates during the year. The Bank was a co-sponsor of the first Unit Trust established in the country viz. Pvt Ltd. The Bank supported the Government's garment factory programme. Regulators are generally sophisticated and there is little evidence of explicit discrimination against foreign firms. Law, regulations, and administrative procedures are generally available online in Japanese along with regular publication in an official gazette.
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Some members of the foreign business community in Japan continue to express concern that Japanese regulators do not seek sufficient formal input from industry stakeholders, instead relying on informal connections between regulators and domestic firms to arrive at regulatory decisions. This may have the effect of disadvantaging foreign firms which lack the benefit of deep relationships with local regulators. The United States has encouraged the Japanese government to improve public notice and comment procedures, to ensure consistency and transparency in rule-making, and to give fair consideration to comments received.
Nonetheless, Japan maintains a large number of Japan-specific standards that can complicate efforts to introduce new products to the country. Japan is primarily a civil law country based on codified law. The Constitution and the five major legal codes Civil, Civil Procedure, Commercial, Criminal, and Criminal Procedure form the legal basis of the system. Japan has a fully independent judiciary and a consistently applied body of commercial law.
Foreign judgments are recognized and enforced by Japanese courts under certain conditions. The Japanese government actively encourages FDI into Japan and has sought over the past decades to ease legal and administrative burdens on foreign investors, including with major reforms to the Companies Act in and the Financial Instruments and Exchange Act in During this same time period, the JFTC issued eight cease and desist orders and issued a total of In , an amendment to the AMA passed the Diet which granted the JFTC discretion to incentivize cooperation with investigations and adjust surcharges according to the nature and extent of the violation.
Further, the amended policies suggest that parties consult with the JFTC voluntarily when the transaction value exceeds JPY40 billion and when one or more of the following factors is met:. Since , the Japanese government has not expropriated any enterprises, and the expropriation or nationalization of foreign investments in Japan is highly unlikely. Enforcement in other contracting states is also possible.
The Supreme Court of Japan has denied the enforceability of awards for punitive damages, however. The Arbitration Law provides that an arbitral award irrespective of whether or not the seat of arbitration is in Japan has the same effect as a final and binding judgment. The Arbitration Law does not distinguish awards rendered in contracting states of the New York Convention and in non-contracting states.