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Commercial Bank of Ceylon PLC's Overview

Total employees2960
HeadquartersColombo 01
Founded1920

Commercial Bank of Ceylon PLC (ComBank) is the largest private sector commercial bank in Sri Lanka and has been recognized internationally for its excellence and stability. It offers a comprehensive suite of banking services catering to personal, corporate, SME, and international banking needs. Renowned for its technological innovation, strong financials, and customer-centric approach, ComBank plays a pivotal role in Sri Lanka's economy and has an expanding operational footprint in other South Asian countries like Bangladesh and the Maldives, along with remittance operations in Italy.

Where is Commercial Bank of Ceylon PLC's Headquarters?

HQ Function

Serves as the central command for all strategic decision-making, operational management, and administrative functions, overseeing the bank's extensive domestic branch network and international operations.

Notable Features:

A landmark building in Colombo, 'Commercial House' is recognized for its modern architecture and houses advanced banking infrastructure. It symbolizes the bank's strength and deep roots in the Sri Lankan financial landscape.

Work Culture:

The HQ fosters a professional, ethical, and dynamic work environment. It emphasizes customer service excellence, continuous innovation, employee growth, and a collaborative culture aimed at achieving market leadership.

HQ Significance:

The headquarters is central to ComBank's identity as a leading financial institution, coordinating its nationwide services and international expansion, and driving its digital transformation initiatives.

Values Reflected in HQ: The headquarters embodies the bank's core values of stability, integrity, customer focus, innovation, and responsible banking.

Location:

Commercial Bank of Ceylon PLC supports various global functions including international trade financing, correspondent banking relationships, remittance services (with a notable presence in Italy through a subsidiary), and treasury operations. Its primary international banking operations are in Bangladesh and the Maldives, with a representative office in Myanmar. This network facilitates cross-border transactions and supports Sri Lankan businesses operating internationally.

Street Address:

Commercial House, No 21, Sir Razik Fareed Mawatha, P.O. Box 856

City:

Colombo 01

State/Province:

Western Province

Country:

Sri Lanka

Commercial Bank of Ceylon PLC's Global Presence

Dhaka, Bangladesh

Address: Hadi Tower, NW(K)-1, Road #50, Kemal Ataturk Avenue, Gulshan-2, Dhaka 1212, Bangladesh

To facilitate bilateral trade and investment between Sri Lanka and Bangladesh, serve the local Bangladeshi market, and expand ComBank's presence in the South Asian region by providing competitive and technologically advanced banking solutions.

Malé, Maldives

Address: Commercial Bank of Maldives Pvt Ltd, H. Filigasdhoshuge, Ameeru Ahmed Magu, Malé 20066, Maldives

To strengthen financial ties between Sri Lanka and the Maldives, cater to the banking needs of Maldivian individuals and businesses, and contribute to the economic development of the Maldives through robust financial services.

Buying Intent Signals for Commercial Bank of Ceylon PLC

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Commercial Bank of Ceylon PLC

As of April 2025, Commercial Bank of Ceylon PLC' leadership includes:

Prof. Ananda Nagahawatte - Chairman
Sanath Manatunge - Managing Director / Chief Executive Officer
S Prabagar - Chief Operating Officer
Nandika Buddhipala - Chief Financial Officer
Delvin E.S. Pereira - Deputy Chief Executive Officer - Operations

Investors of Commercial Bank of Ceylon PLC

Commercial Bank of Ceylon PLC has been backed by several prominent investors over the years, including:

DFCC Bank PLC
Employees' Provident Fund (Sri Lanka)
Sri Lanka Insurance Corporation Ltd - Life Fund
Hatton National Bank PLC (Various Accounts)
Melstacorp PLC

Executive New Hires/Exits in the Last 12 Months

Hire4
Exits1

Commercial Bank of Ceylon PLC has seen key leadership updates over the past year, including the appointment of a new Chairman, Chief Operating Officer, and Chief Financial Officer, alongside additions to its Board of Directors.

Departures

Mr. Sharhan Muhseen, Mr. Sharhan Muhseen concluded his term as Chairman of the Board.

New Appointments:

Prof. Ananda Nagahawatte, Prof. Ananda Nagahawatte appointed as Chairman.
Mr. S Prabagar, Mr. S Prabagar appointed as Chief Operating Officer.
Mr. Nandika Buddhipala, Mr. Nandika Buddhipala appointed as Chief Financial Officer.
Mr. Raja Senanayake, Mr. Raja Senanayake appointed as Independent, Non-Executive Director.
Mr. L. D. Niyangoda, Mr. L. D. Niyangoda appointed as Independent, Non-Executive Director.

Technology (Tech Stack) used by Commercial Bank of Ceylon PLC

Discover the tools Commercial Bank of Ceylon PLC uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Commercial Bank of Ceylon PLC Email Formats and Examples

Commercial Bank of Ceylon PLC utilizes standard corporate email formats for official communications. The most common format appears to be a combination of the employee's name and the company domain. For general inquiries, specific departmental emails or the main 'info' address are typically used.

[firstinitial][lastname]@combank.net or [firstname].[lastname]@combank.net

Format

jsmith@combank.net

Example

80%

Success rate

News and media

Daily FTMay 15, 2024

Commercial Bank of Ceylon PLC reports robust Q1 growth with Rs 265 Bn asset growth

Commercial Bank of Ceylon PLC announced strong financial results for the first quarter of 2024, with gross income reaching Rs. 80.1 billion (a growth of 11.7%) and pre-tax profit of Rs. 10.1 billion (up 34.6%). The Bank's assets grew by Rs. 265 billion or 11.4% over the preceding 12 months....more

Daily NewsMarch 1, 2024

ComBank Digital wins at SLIM DIGIS 2.3

Commercial Bank of Ceylon’s digital banking platform, ComBank Digital, secured two prestigious awards at the SLIM DIGIS 2.3 awards ceremony, recognizing its excellence in digital marketing innovation and effectiveness in Sri Lanka....more

Ada Derana Biz EnglishFebruary 20, 2024

ComBank named Sri Lanka’s ‘Most Innovative Bank’ and ‘Best Bank for Digital Solutions’

Commercial Bank of Ceylon PLC has been honored as Sri Lanka’s ‘Most Innovative Bank’ and the ‘Best Bank for Digital Solutions’ at the 2024 International Finance Awards, underscoring its leadership in leveraging technology to enhance customer services and banking experiences....more

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