Hatton National Bank PLC (HNB), the second largest private commercial bank in Sri Lanka, has implemented salary cuts of 50% on its Board of Directors, while employees’ salaries are not subjected to any cuts at the moment, HNB sources told The Sunday Morning Business.
The HNB Board includes Chairman Dinesh Weerakkody, Managing Director/CEO Jonathan Alles, Directors Dr. L.R. Karunaratne, R.S. Captain, D.A. Cabraal, Palitha Pelpola, D. Soosaipillai, Nilantha De Silva, L.U.D. Fernando, Madu Ratnayake, Asoka Pieris, Harsha Cabral PC, Alternate Directors P.R. Saldin and Prasad Samarasinghe, and company Secretary K.A.L. Thushari Ranaweera.