Banking and Finance

NDB Wealth Management Opens First-Ever Branch in Jaffna

NDB Wealth Management Limited, Sri Lanka’s largest asset management company, today announced the opening of its first-ever branch in Jaffna. This marks a significant milestone in the company’s mission to expand access to professional wealth management solutions across the nation.

Located in the heart of Jaffna town, the new branch will provide the full range of NDB Wealth’s innovative financial solutions including investment funds, retirement planning, and customised wealth management services to individuals, businesses, and communities in the Northern Province. The move reflects NDB Wealth’s commitment to ensuring that world-class financial expertise is available to all Sri Lankans, regardless of geography.

Mr. Bernard Sinniah, Chairman of NDB Capital Holdings Ltd and Director of NDB Wealth Management & NDB Bank, said,

“This is the first time we are moving out of Colombo, and we chose Jaffna because it reflects our commitment not only to the city but also to the entire Northern Province. As the number one franchise in Sri Lanka, backed by the strength of NDB Bank, we are proud to offer investors a wide range of alternatives through NDB Wealth ensuring the right dividends and returns. I encourage everyone to connect with our branch officers and managers, who are ready to help you manage your funds better.”

Commenting on the opening, Ruwan Perera, Chief Executive Officer of NDB Wealth Management, said:

The branch will be manned by a team of experienced financial professionals offering personalised consultations. In addition to client services, it will host regular investor education seminars and workshops aimed at improving financial literacy and empowering informed decision-making across the region.

Strengthening the NDB Group’s Nationwide Presence

As part of the NDB Group, NDB Wealth Management continues to align its strategy with the Group’s vision of delivering integrated financial solutions across banking, investment, and advisory services. The opening of the Jaffna branch signals confidence in the region’s economic growth potential and further strengthens the Group’s nationwide footprint.

The ceremonial opening was attended by religious leaders, directors including The Chairman of NDB Capital Holdings Ltd & Director of NDB Wealth Management & NDB Bank, Mr. Bernard Sinniah The Chairman of NDB Wealth Management, Mr. Sarath Wikramanayake, The Director of NDB Wealth Management, Mr. Senaka Kakiriwaragodage, and senior management of NDB Capital Group & NDB Wealth Management, business leaders, ambassadors and valued clients.

The event underscored NDB Wealth’s spirit of partnership and the collaborative effort of its teams in making the Jaffna branch a reality.

About NDB Wealth Management Limited

NDB Wealth Management Limited is Sri Lanka’s largest private sector asset management company, managing over LKR 340 billion assets under management. The company offers a comprehensive portfolio of wealth management solutions, including unit trusts, discretionary portfolio management, retirement planning, and financial advisory services. Supported by the strength of the NDB Group, NDB Wealth is dedicated to delivering innovative and client-focused investment strategies that help individuals and businesses achieve long-term financial success.

For more information, visit www.ndbwealth.com or contact – 021 223 0303 the Jaffna branch at No. 108, Palaly Road, Thirunelvely, Jaffna