Nations Trust Bank Welcomes New Board Member

Nations Trust Bank PLC has announced the appointment of Mr. Savanth Sebastian to its Board of Directors with effect from 23^rd October 2018. Mr. Sebastian has a wealth of experience in economics, financial services and the investment business and currently also serves on the Boards of Directors of Voguetex Sri Lanka, Arpico Ataraxia Asset Management and Subway Development.

Mr. Sebastian brings with him fifteen years of industry experience, having carried out responsibilities for nine years as the Senior Economist within the Global Markets research team at Commonwealth Bank in Australia, advising Federal and State Governments, high net worth private and institutional clients, and internal stake holders - including Colonial First State and the Commonwealth Bank senior leadership team.

Prior to this, he spent four years working in and then managing the International trading desk for Commonwealth Securities – the stock broking division of Commonwealth Bank, Australia which transacted across 31 international markets. While in the role he was responsible for the facilitation of Strategic Trading Accounts – allowing CBA Treasury to manage risk and drive an alternative source of revenue.

He holds a Bachelor of Commerce in Actuarial Studies & Finance, is an Accredited Advisor of the Australian Stock Exchange, and a Master Practitioner of the Australian Stockbrokers and Financial Advisers Association.

Mr. Sebastian has published numerous research reports for institutional clients covering domestic and global macroeconomic policy and analysis on equity markets.

Nations Trust Bank PLC is amongst the top 30 business establishments in Sri Lanka as ranked by Business Today Magazine, ably providing a host of financial products and services to a wide range of customers. Nations Trust is also the bank behind Sri Lanka’s first fully digital bank, FriMi. The bank operates 93 branches across the country, boasting an ATM network covering 137 locations, including 23 with Cash Deposit Machines, plus more than 3,500 ATMs on the Lanka Pay Network and is the issuer and sole acquirer for American Express® Cards in Sri Lanka.