NDB reshuffles board committees after director Sujeewa Mudalige resigns

National Development Bank PLC (NDB) has announced that Independent Non-Executive Director Sujeewa Mudalige resigned from the board for personal reasons, effective November 12. The bank said it will disclose Mudalige's shareholding as at the date of his resignation in due course.

In a separate filing to the Colombo Stock Exchange, NDB also announced changes to four board committees from the same date. Nandika Buddhipala now chairs the Board Audit Committee, while Hasitha Premaratne heads the Integrated Risk Management Committee. Kushan D'Alwis chairs the Nominations and Governance Committee, and Kasturi Chellaraja chairs the Human Resources and Remuneration Committee.