Eastman Narangoda is the current Chairman of George Steuart Finance & former

Chairman The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the grou ...

Seylan Bank Seylan Bank PLC ( si, සෙලාන් බැංකුව, ''Selan Bænkuwa'') is a publicly owned Commercial Bank in Sri Lanka. It has branches both in urban as well as rural areas of Sri Lanka. Seylan bank had 167 banking centres island wide ...

of Sri Lanka.

Early life and education

After receiving his education from

Nalanda College Colombo ''Āpadāna Sobhinī Panñā'' , motto_translation = Character Illumines Wisdom , established = , founder = Patrick de Silva Kularatne , type = National , grades = 1 ...

, he entered

University of Ceylon The University of Ceylon was the only university in Sri Lanka (earlier Ceylon) from 1942 until 1972. It had several constituent campuses at various locations around Sri Lanka. The University of Ceylon Act No. 1 of 1972, replaced it with the Univer ...

, Peradeniya graduating with a Special BA Degree in

Economics Economics () is the social science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services. Economics focuses on the behaviour and intera ...

(specializing in banking & currency). He chose to do sports at Nalanda, becoming a cricketer, representing First XI during 1965 to 1967.DDFC gets new Chairman
/ref>

Career

Later after he graduated, with an Economics Special Degree, he joined National Savings Bank as an executive in 1975. Before being appointed to his current position, he was the General Manager/Chief Executive Officer for over five years at National Savings Bank (Sri Lanka). Eastman is a council member / fellow of Association of Professional Bankers of Sri Lanka and Sri Lanka Institute of Training and Development.

Seylan Bank

Narangoda was a talented high qualified veteran in the banking industry who was also instrumental in

's resilient performance after the bank saw almost a collapse that would have affected and ended the growth of the bank. The aggressive approach of the bank and due to the unethical behaviour, frauds and allegations of Golden Key Credit Card Company, which was a subsidiary of

Ceylinco Consolidated Ceylinco Consolidated was one of Sri Lanka's oldest and largest business conglomerates until 2008. History The original company, ''Ceylon Insurance Company'', was founded by Justin Kotelawala, Cyril Rodrigo, Hugh Weerasekere and Cyril E. S. ...

in early 2000s left the bank in a financial crisis. Narangoda was a member of the team, which was appointed as the new board of directors by the

Bank of Ceylon Bank of Ceylon (BOC; Sinhala: ලංකා බැංකුව ''Lanka Bænkuwa'', Tamil: இலங்கை வங்கி ''Ilangai Vangi'') is a state-owned, major commercial bank in Sri Lanka. Its head office is located in an iconic cyli ...

for the Seylan Bank. The eleven member team also included Pradeep Kariyawasam and R. Nadarajah. The team managed to rebuild the financial performance of the bank within a six-month time period where they were also able to do innovations for the development of the bank.

General references

* * {{DEFAULTSORT:Narangoda, Eastman Sri Lankan Buddhists Alumni of Nalanda College, Colombo Sri Lankan bankers Sri Lankan economists