
Ranjith Fernando, a prominent former banker in Sri Lanka has been appointed as the Chairman of the Urban Development Authority. He received his appointment from Minister for Urban Development Water Supply and Drainage, Rauff Hakeem. A former Independent Directors of the Commercial Bank of Ceylon from 2008, he was instrumental in transforming the then government owned National Development Bank into a private entity and served from its inception in 1979 till his retirement in 2001. He was also served as the Secretary of the Ministry of Enterprise Development, Industrial Policy, Investment and Constitutional Affairs till early 2004. He was also the Chairman of United Motors Lanka Plc. Ranjit Fernando is an Attorney-at-Law and possesses a Bachelor of Laws (Hons) Degree from the University of Ceylon. He is a Fellow of the Chartered Institute of Management Accountants (UK), Chartered Institute of Bankers (UK) and a Companion of the Chartered Institute of Management (UK).