Corporate Information Supplement

Name

National Development Bank PLC

Registration No.

PQ 27

Registered Logo:

Legal Form

Established under the National Development Bank of Sri Lanka Act No. 02 of 1979 and incorporated as a Company under the Companies Act No. 17 of 1982 and reregistered under the Companies Act No. 07 of 2007 and also licensed as a Licensed Commercial Bank in terms of the Banking Act No. 30 of 1988 as amended from time to time.

Stock Exchange Listing

The shares of the Bank are listed on the Colombo Stock Exchange.

Head Office/Registered Office

No. 40, Navam Mawatha, Colombo 02
Tel: +94 11 2448448
Fax: +94 11 2341044
SWIFT Code: NDBS LK LX
Web Page: www.ndbbank.com
E-mail: contact@ndbbank.com
VAT Registration No.: 409000266-7000
Accounting year-end: 31 December

Credit Rating: Long-term National
Rating: AA-(lka)/ Stable Outlook
Fitch Ratings Lanka Limited

International Issuer Rating: b+
Standard & Poor’s Rating Services

Board of Directors as at 31 December 2015

N G Wickremeratne – Chairman – Independent
A K Pathirage – Deputy Chairman – Non-Independent
R Theagarajah – Chief Executive Officer – Non-Independent
T L F Jayasekera – Independent
Mrs. K Fernando – Independent
D S P Wikramanayake – Non-Independent
Mrs. W A I Sugathadasa – Independent
Mrs. D M A Harasgama – Non-Independent
D M R Phillips, PC – Independent
K D W Ratnayaka – Independent
Mrs. Shehani Ranasinghe – Company Secretary: (Attorney-at-Law)

Board sub committees as at 31 December 2015

Integrated Risk Management Committee
D S P Wikramanayake – Chairman
K D W Ratnayaka
Mrs. D M A Harasgama
D M R Phillips
R Theagarajah
Mrs. N Rayen – Vice-President - Group Risk Management
F Ozman – Group Chief Financial Officer
Mrs. S Gnanapragasam – Vice-President – Credit
P Gamage – Assistant Vice-President - Operational Risk
Ms. C Chandrapala – Senior Manager - Market Risk

Strategic Issues Committee

N G Wickremeratne – Chairman
A K Pathirage
T L F Jayasekera
Mrs. K Fernando
D S P Wikramanayake

Audit Committee

T L F Jayasekera – Chairman
D S P Wikramanayake
Mrs. D M A Harasgama
Mrs. K Fernando
Mrs. W A I Sugathadasa
K D W Ratnayaka

Human Resources and Remuneration Committee

Mrs W A I Sugathadasa – Chairperson
A K Pathirage
Mrs. K Fernando
T L F Jayasekera

Nominations Committee

N G Wickremeratne – Chairman
A K Pathirage
T L F Jayasekera
Mrs. K Fernando

Corporate Governance and Legal Affairs Committee

Ms K Fernando – Chairperson
D M R Phillips
R Theagarajah
Mrs. W A I Sugathadasa

Related Party Transactions Review Committee

N G Wickremeratne – Chairman
T L F Jayasekera
D S P Wikramanayake
Mrs. D M A Harasgama
Mrs. K Fernando
Mrs. W A I Sugathadasa
K D W Ratnayaka

Subsidiaries and associate companies

Subsidiary Companies as at 31 December 2015

NDB Capital Holdings Ltd. – 99.8%
Directors
A K Pathirage – Chairman,
D S P Wikramanayake, R Theagarajah,
B A I Rajakarier, W M D F Arsakularatne,
C V Kulatilaka, F Ozman

NDB Wealth Management Ltd. – 99.8%
Directors
D S P Wikramanayake – Chairman,
R Theagarajah, C V Kulatilaka,
R M D J Ratnayake

NDB Investment Bank Ltd. – 99.8%
Directors
D S P Wikramanayake – Chairman,
R Theagarajah,
C V Kulatilaka,
D G Perera,
P E A B Perera

NDB Securities (Private) Ltd. – 99.8%
Directors
R Theagarajah – Chairman,
C V Kulatilaka,
B A I Rajakarier,
F Ozman

NDB Capital Ltd. (Bangladesh) – 77.8%
Directors
D S P Wikramanayake – Chairman,
R Theagarajah, A M Khan, C M Alam, C V Kulatilaka, Mrs. Z Chowdhury, H F Choudhury, K K Saha, D G Perera

Development Holdings (Private) Ltd. – 58.61%
Directors
R Theagarajah – Chairman, Mrs.I Malwatte, J R P M Paiva, Dr. Y K Maraikkar, Mrs. P K Sumithrarachchi, Mrs. D T Wijayaratne, C S Guniyangoda

NDB Zephyr Partners Ltd. (Mauritius) – 60%
Directors
T C Barry, R Theagarajah, C V Kulatilaka, M Gulati,
Ms. D Rajabalee, Ms. R B Mandary, F Ozman

NDB Zephyr Partners Lanka (Private) Ltd. – 60%
R Theagarajah - Chairman, T C Barry, M Gulati,
F Ozman, C V Kulatilaka

Associate companies as at 31 December 2015
NDB Venture Investments (Private) Ltd. – 50% (Under liquidation)

Ayojana Fund (Private) Ltd. – 50%
(Under liquidation)

Other information

Compliance Officer
Mrs. Manique Kiriella Bandara
Auditors
Ernst & Young, 201, De Saram Place, Colombo 10

Registrar to the rated unsecured subordinated redeemable debentures of the Bank
S S P Corporate Services (Pvt) Ltd.
No. 101, Inner Flower Road, Colombo 03

Trustees to the rated unsecured subordinated redeemable debentures of the Bank
Bank of Ceylon, Investment Banking Division,
23rd Floor, Head Office, ‘BOC Square’,
No. 1, Bank of Ceylon Mawatha, Colombo 01

Queries

On the 2015 NDB Annual Report
Dhanan Senathirajah
Vice-President – Finance & Planning
National Development Bank PLC
No. 40, Navam Mawatha, Colombo 02
Email: dhanan.senathirajah@ndbbank.com
Tel.: + 94 (0)11 2347917

On Investor Relations Company Secretarial Unit
Mrs. Shehani Ranasinghe
Company Secretary/Assistant Vice-President
National Development Bank PLC
No. 40, Navam Mawatha, Colombo 02
Email: shehani.ranasinghe@ndbbank.com
Tel.: +94 (0)11 2448448 Extn: 33000

Investor Relations Team
Mrs. Suvendrini Muthukumarana
Assistant Vice-President – Finance & Planning
National Development Bank PLC
No. 40, Navam Mawatha, Colombo 02
Email: suvendrini.muthukumarana@ndbbank com
Tel.: +94(0)112448448 Extn: 3817