NDB Wealth Strengthens Leadership with Key Senior Promotions

NDB Wealth Management Limited has announced a series of senior management promotions, reinforcing its leadership bench as the firm continues to scale its operations and deepen its presence across Sri Lanka’s evolving asset management landscape.

The appointments come as NDB Wealth, the country’s largest asset manager with over LKR 340 billion in assets under management, positions itself to meet rising demand for disciplined, research-led investment solutions across retail, high-net-worth, and institutional client segments.

Ruwan Perera, Chief Executive Officer of NDB Wealth Management Limited, stated, “These promotions reflect the strength and depth of talent within NDB Wealth and our commitment to building a future-ready leadership team. Each individual has played a pivotal role in our growth journey, and their elevation recognises both performance and leadership capability. As we navigate an increasingly dynamic investment landscape, strengthening our leadership bench remains central to delivering long-term value to our clients and stakeholders.”

Among the key appointments, Priyal Mendis has been elevated to Chief Operating Officer, recognising his contribution to strengthening operational efficiency and supporting strategic execution. With over 18 years of experience across NDB Wealth and the broader capital markets ecosystem, he brings expertise spanning investment operations, unit trust management, portfolio systems, financial instruments, risk management, and business strategy. He holds an MBA from the Postgraduate Institute of Management and a First Class BSc in Accounting from the University of Sri Jayewardenepura, and is a Fellow Member of the Institute of Chartered Accountants of Sri Lanka. He has also completed executive education at the Indian School of Business.

Daham Hettiarachchi has been appointed Chief Investment Officer, reflecting his leadership in investment management and portfolio strategy. With more than 17 years of experience in investment management and equity research, he brings strong capabilities in capital markets, asset allocation, and macro-driven investment analysis. A CFA Charterholder, he also holds ACMA and CGMA qualifications. His previous roles at Commercial Bank of Ceylon, Softlogic Asset Management, JB Financial, National Asset Management, and JB Securities have strengthened his expertise across fixed income, equities, valuation, and fund management. He has also contributed to industry development as a mentor for the CFA Institute Research Challenge in Sri Lanka.

Amaya Nagodavithane has been promoted to Senior Vice President in recognition of her consistent track record in delivering strong risk-adjusted returns. With over 15 years at NDB Wealth, she has led large-scale portfolio management across asset classes, including managing the NDB Wealth Money Fund, the country’s largest unit trust. She currently represents the firm at the Unit Trust Association of Sri Lanka. She holds an MBA in Finance from the University of Colombo, where she was awarded the Investment Management Gold Medal, along with a First Class degree in Finance. Her expertise spans strategic asset allocation, macro positioning, and investment advisory.

Amali Pathirana has been promoted to Assistant Vice President, reflecting her long-standing contribution to the organisation and deep institutional knowledge built over nearly two decades. With over 17 years at NDB Wealth, supported by early career experience at Ernst & Young and People’s Bank, she brings strong expertise in operational and financial management. She holds an MBA from the Postgraduate Institute of Management and a BSc in Business Administration from the University of Sri Jayewardenepura, and is a Certified Business Accountant of the Institute of Chartered Accountants of Sri Lanka. She is currently completing her final level qualifications.

The promotions underscore NDB Wealth’s continued focus on internal talent development while strengthening its leadership capacity to navigate a rapidly evolving investment environment. With a reinforced senior management team, the firm is well positioned to enhance its investment capabilities, expand client-centric offerings, and consolidate its leadership within Sri Lanka’s asset management industry.

NDB Wealth Management Limited is a fully owned subsidiary of NDB Capital Holdings Limited. The group comprises NDB Wealth, NDB Investment Bank, NDB Securities, and NDB Zephyr Partners Limited.