Maithri loses: Ranil wins BoC battle


President Maithripala has conceded to Prime Minister Ranil Wickremesinghe in the battle of reappointing President’s Counsel Ronald C Perera as Chairman  of Sri Lanka’s largest bank – Bank of Ceylon.

As a result Mangala Samaraweera, Minister of Finance and Mass Media reappointed Perera who assumed office on Thursday 14 February 2019. Mr Perera was the Chairman of Bank of Ceylon from 28th January 2015 until he was removed on 18 November 2018, during the 51-day illegal coup perpetrated by President Sirisena in collusion with former President and incumbent Opposition Leader Mahinda Rjapaksa.


Having studied at St. Joseph’s College, Colombo Mr. Perera is a LLB graduate from the University of Colombo and also holds a LLM in International Trade Law from Northumbria University. Mr. Perera was appointed as a President’s Counsel in 2012. He was a Director of the Bank of Ceylon on a previous occasion.


Mr. Perera is an experienced lawyer with a wide practice in the original courts as well as in the Court of Appeal and Supreme Court. He has wide experience in Civil and Criminal litigation, negotiation and drafting of commercial and transport contracts and agreements. He has specialized in Commercial Law, Banking Law, Industrial Law, Injunctions, Defamation, Election Petitions, Civil Appeals, Revision Applications, Writ Applications, and Fundamental Rights Cases. Additionally, he has appeared in several Commercial Arbitrations.




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