Director Board

Ray Abeywardena


Ray is the Managing Director/Group CEO of ACUITY, which has subsidiaries involved in, Stock Broking, Fixed Income Securities, Corporate Finance, Venture Capital Financing & Asset Management. Prior to being appointed as Group CEO in 2009, Ray served as the CEO/MD of Acuity Stockbrokers (Pvt) Ltd, from 2001 to end 2008. In his last year as CEO/MD, Acuity Stockbrokers emerged as the No 1 stock broking firm in Sri Lanka. From 1998 to 2000, Ray functioned as the Managing Director of Forbes ABN Amro Securities. Ray has been associated with the capital markets of Sri Lanka for over 30 years, primarily as a stockbroker & since 2009 as an investment banker. He is the Chairman of Acuity Stockbrokers (Pvt) Ltd & Acuity Securities Ltd and serves on the Boards of Acuity Partners (Pvt) Ltd, Lanka Ventures PLC, LVL Energy Fund Ltd,  Soft Logic Life Insurance PLC,  Guardian Acuity Asset Management, and The Central Depository Systems (Pvt) Ltd. Ray currently holds the position of Chairman of the  Colombo Stock Exchange.  He is a past Chairman of the Colombo Stock Brokers Association.

Ray is a member of the Chartered Institute of Marketing (UK) & has an MBA from the University of Wales, UK.

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Amal fernando

Managing Director/CEO

Amal heads the Primary Dealer SBU of the Acuity group. He counts over 15 years’ experience in the Fixed Income Securities and Government Securities industry. He began his career in 1992 at Nexus Software (Pvt) Ltd., in marketing Finance & HR IT solutions. He later joined Ceylinco Securities & Financial Services Ltd. which was the only non-bank Primary Dealer arm of the Ceylinco Group at the time. He was instrumental in securing institutional and high-net worth clients for portfolio management and GSEC investments and was heading the Treasury prior to leaving. He then worked in Dubai-Internet City, where he overlooked the operations of a Sri Lankan based IT firm. He returned to Sri Lanka in 2002 to take over the local marketing function of the BaaN ERP.

Amal joined Acuity Securities Ltd. (formerly known as HNB Securities Ltd.) – A Primary Dealer for Government Securities, as an Assistant Manager in 2003. He was involved in enhancing the marketing penetration levels of the company and was promoted as a Senior Manager within a short span of time. Subsequent to the launch of the HNB & DFCC Bank JV, he was appointed CEO of Acuity Securities Ltd. in 2009, and was appointed to the board in 2013. He directly overlooks the overall growth of the company in areas of FIS market expansion and trading, whilst ensuring the operational and finance functions collaborate seamlessly. He is also involved in providing investment advice to HNI’s and institutional clients in maximizing their returns in FIS instruments. He holds an MBA from the Postgraduate Institute of Management – Sri Jayewardenepura and is also a Post graduate Diploma holder in Marketing from CIM (UK).

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Tyrone de silva


Tyrone De Silva is a Senior Vice President and Head of the Corporate Banking and Investment Banking Departments at DFCC Bank. He joined the bank in 1989 and has been involved throughout in the Bank’s Corporate Finance and Capital Markets business. He serves as a member of Bank’s Credit, Investment and Asset Liability Committees and as nominee Director on the Boards of some of the Bank’s other subsidiary and associate companies.

He holds a Master’s Degree in Business Administration from the University of Warwick, UK and is also a Graduate Member of the Institute of Mechanical Engineers, UK.

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Rajive dissanayake


Rajive is the Chief Strategy Officer of Hatton National Bank PLC.

He counts for over 15 years of experience in banking and capital markets. His exposure covers relationship management, project finance, capital markets research, financial analysis, economic analysis, investments, budgeting, investor relations, asset & liability management and strategic planning.

Rajive holds a Bachelor’s Degree in Business Administration from the University of Colombo. He is also a Fellow of the Chartered Institute of Management Accountants (UK), Chartered Global Management Accountant and a CFA® Charter holder.

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Damith pallewatte

MBA (Sri.J), BSc. Mgt (Hons) (LSE), FRM (GARP), ACI

Damith Pallewatte is the Chief Risk Officer/Assistant General Manager – Risk of Hatton National Bank PLC.

He holds a Master of Business Administration from the University of Sri Jayawardenapura and a Bachelor of Science Honours Degree in Management from the London School of Economics. He is also a qualified Financial Risk Manager of the Global Association of Risk Professionals as well as holding the ACI qualification.