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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Damith pallewatte

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

Damith Pallewatte is the Deputy General Manager – Wholesale Banking Group 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.


Mr. Ashok Goonesekere is the Senior Vice President (Chief Risk Officer) of the DFCC Bank PLC.

He possess 33 years’ experience in the financial industry covering Financial Accounting, Taxation, Operations, Financial Management and managing people holding positions in the senior and corporate management of 02 leading local Commercial Banks.

He held positions as committee member in main management committees namely, Asset and Liability, Operations, IT steering and Investment. Participated in Board sub committees namely, Board Audit and Board Risk Management. Functioned as a Trustee in approved Provident Funds of two local Commercial Banks. Served as a Director in the Board of a property management company with total assets of LKR 10.4 billion.

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Arjuna Abegunasekara

Mr Arjuna Abeygunasekara counts over 20 years of experience in the banking sector including
branch banking and treasury management in four leading banks in the country. He currently holds
the positon of Assistant General Manager – Treasury and Markets of Hatton National Bank PLC.
He is also a Non-Executive Director to the Board of HNB General Insurance Ltd.

Mr Abeygunasekara holds a Bachelor of Science Degree from the University of Colombo and a
Master of Business Administration Degree from the University of Colombo. He has obtained the
status of ACI and the status of Chartered Global Management Accountant and is an Associate
Chartered Management Accountant. In addition, he serves the Centre for Banking Studies of the
Central Bank of Sri Lanka as a recourse person.

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Mr. Ravi Dassanayake is the Vice President Strategic Planning and Subsidiaries of DFCC Bank PLC. He counts over 27 years of experience in banking, accounting and auditing, consulting and advisory services. He is a Director of several subsidiaries and associate companies of DFCC and is also a member of several management committees. He has held positions as the Head of Budgeting and Planning of DFCC Vardhana Bank Limited, Chief Executive officer and Chief Risk and Operations officer of Lankaputhra Development Bank and Partner, Audit Assurance and Consulting of BDO Partners Sri Lanka. He holds his Masters from PIM, University of Sri Jayewardenepura and his first degree in Accountancy from the same university. He is also a Fellow member of CA Sri Lanka and an Associate of CIMA UK.

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