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National Development Bank names nonexecutive director

NationalDevelopment Bank Plc appointed Nihal Welikala as independentnonexecutive director.

Welikala is an adviser to the Minister of Public EnterpriseDevelopment of the government of Sri Lanka, according to a Sept. 27 release. Healso serves on the board of three privately owned companies.

The appointment is subject to approval from the Central Bankof Sri Lanka.