History

The Clearing Association of Bankers (CAB) was established in 2008, following the introduction of the Cheque Imaging & Truncation System (CITS) by the Central Bank of Sri Lanka. The Association was formed with the dual purpose of enhancing the knowledge of bankers and fostering goodwill, understanding, and fellowship among professionals engaged in clearing operations. Over the past decade, CAB has undertaken numerous initiatives and projects, playing an active role in the advancement of clearing and payment systems. In its relatively short history, the Association has made a significant contribution to the development and modernization of the banking industry in Sri Lanka.

Mission

To enhance the standards of clearing and payments in Sri Lanka by fostering collaboration, knowledge sharing, and professional development among bankers.

Vision

To be the leading association in Sri Lanka dedicated to promoting efficiency, consistency, and innovation in clearing and payment systems.

Objectives

  • Acquire cutting-edge
  • Clearing technology for member banks.
  • Facilitate exchange of views on matters related to clearing and central operations.
  • Promote consistency in clearing practices.
  • Conduct educational activities (lectures, seminars, workshops).
  • Publish newsletters and journals on clearing.
  • Coordinate with regulatory authorities such as LankaClear, Central Bank of Sri Lanka,and Sri Lanka Bankers’ Association.
  • Promote goodwill, understanding, and fellowship among clearing bankers.
  • Oversee all payment systems falling under LankaClear’s scope.
 
 
 

Current Office Bearers

President

Mr. Nalin Liyanage

(Sampath Bank PLC)

Vice President

Mr. Upul De Silva

(Peoples Bank)

General Secretary

Mr. Shamitha Atapattu

(LankaPay (Pvt) Limited)

Treasurer

Ms. Rizana Ismail

(Standard Chartered Bank)

Assistant Secretary

Mr. Asanka Surasinghe

(Standard Chartered Bank)

Assistant Treasurer

Ms. Suhashini Gunawardena

(Commercial Bank of Ceylon PLC)

Social Secretary

Mr. Naveen De Silva

(Sampath Bank PLC)

Committee Members

  1. Ms. Dilhara Vithana – Peoples Bank
  2. Mr. Malinda Mallawarachchi – Hatton National Bank PLC
  3. Mr. Keerthi Chandrarathne – Amana Bank PLC
  4. Ms. Lackmee Kumarasinghe – Bank of Ceylon
  5. Mr. Thivanka Jayasundara – Bank of Ceylon
  6. Mr. Gamini Piyarathne – Nations Trust Bank PLC
  7. Mr. Merl Pulukutiarachchi – Seylan Bank PLC
  8. Mr. Ashoka Senavirathne – LankaPay (Pvt) Limited
  9. Mr. Rajitha Pathirage – Union Bank of Colombo PLC
  10. Mr. Asoka Suwandahennadige – Sampath Bank PLC
  11. Mr. Nalaka Samaranayake – Amana Bank PLC
  12. Mr. Mervyn Ponnaih – Seylan Bank PLC
  13. Mr. Banduwarna Piyasena – Sampath Bank PLC
  14. Mr. Dharshana Jayasinghe – Pan Asia Banking Corporation PLC
  15. Mr. Neville Dayarathna – Commercial Bank of Ceylon PLC
  16. Mr. Sumedha Rupasinghe – NDB Bank PLC