- Published on Wednesday, 14 November 2012 16:26
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Sri Lanka Tea Board which is the Apex body for regulation, promotion and development of the tea industry under the Ministry of Plantation Industries has appointed Damitha Narangoda as the new Director General recently.
Narangoda was a former Director Supervision at the Insurance Board of Sri Lanka which is the Regulator of the Insurance Industry. He counts over twenty years experience in the fields of regulatory affairs of insurance supervision, financial risk management, asset management, mutual fund administration and financial services consultancy in the government and private sector. During his career, he was a member of the Inter Regulatory Council of Central Bank of Sri Lanka representing the insurance regulator. In addition to that he served as a Member of Solvency and Actuarial Issues Sub Committee at International Association of Insurance Supervisors at Basel, Switzerland which worked on setting and implementing standards and guidance papers on insurance supervision aimed to facilitate and promote cross-border convergence.
He holds a Bachelor of Science Business Administration Degree from the University of Sri Jayewardenepura and Masters of Accountancy and Finance from the University of Aberdeen and he is also a Fellow Member of the Institute of Certified Management Accountants of Sri Lanka.