The Board Technology Committee (the BTC) consists of the following members whose profiles are given in the section on Board of Directors and Profiles.
Board membersProf A K W Jayawardane*
Mr S Renganathan
(Managing Director/Chief Executive Officer )
Mr S C U Manatunge
(Director/Chief Operating Officer)
Mr T L B Hurulle*
Mr K Dharmasiri*
Regular attendees by invitationMr L H Munasinghe
(Deputy General Manager – Marketing)
Mr D B Saparamadu
Mr U K P Banduwansa
(Head of digital banking)
Mr K Mediwake
(Chief Executive Officer –
CBC Tech Solutions Limited)
Secretary to the CommitteeMr K S A Gamage
(Assistant General Manager – Information Technology)
*Independent Non-Executive Director
Attendance at Meetings
|Name||Eligible to attend/ Attended|
|Prof A K W Jayawardane||5/5|
|Mr S Renganathan||5/5|
|Mr S C U Manatunge||5/3|
|Mr K Dharmasiri||5/5|
|Mr T L B Hurulle||5/5|
The Committee focused on adopting technologies to enhance operational efficiency, customer centricity and IT governance, the key drivers of the Bank
to digital era.
The purpose of the BTC is to assist the Board of Directors in fulfilling its oversight responsibilities with respect to the overall role of technology in executing the business strategy of the Bank including, but not limited to, major technology investment, technology strategy, operational performance and technology trends that may affect
The Committee has been empowered to:
The Committee held five (5) meetings during 2019. The proceedings of the Committee meetings were regularly reported to the Board of Directors. The Committee focused to improve the following areas, which are the key drivers of the Bank to digital era.
Customer Centricity by creating a positive customer experience at the point of acquisition and post-acquisition utilising the evolving technologies and trends in order to enhance day-to-day operations with greater convenience.
Adopt Disruptive Technologies to create a new market and value network to delight customer experience and convenience.
Operational Excellency to build a sustainable and competitive uninterrupted service through operations management to cater ever-increasing customer demands using emerging technology.
IT Governance to engage the processes that ensure the effective and efficient use of IT in enabling the bank to achieve its goals and objectives. The IT processes (Development/Operational) were reviewed regularly to cater the bank’s dynamic needs with higher transparency.
The Committee also reviewed significant items for procurement and recommended them for approval by the Board of Directors.
Prof A K W Jayawardane
Board Technology Committee
February 20, 2020