The Commercial Bank of Ceylon PLC has announced the appointment of former Chief Justice Kanagasabapathy Sripavan as Chairman and senior academic Prof. A. K. W. Jayawardane as Deputy Chairman with effect from 21st and 29th December 2020 respectively. Justice Sripavan and Prof. Jayawardane succeed Messrs. Dharma Dheerasinghe and Preethi Jayawardena, who retire from the positions of Chairman and Deputy Chairman of Sri Lanka's benchmark private bank after completing their tenures. Justice K. Sripavan was appointed Chief Justice in January 2015 and held office until March 2017. Justice Sripavan functioned as the Head of the Court of Appeal Unit in the Attorney General's Department and handled a large volume of work both in the Court of Appeal and in the Supreme Court including Bills and Fundamental Rights Applications. Prof. A. K. W. Jayawardane is currently a Commission Member of the University Grants Commission and a Senior Professor in Civil Engineering. He served as the Vice Chancellor of the University of Moratuwa for six years, Dean, Faculty of Engineering for six years and as an Endowed Professor in Entrepreneurship at the University of Moratuwa for one year. Prof. Jayawardane served as the President of the Institution of Engineers, Sri Lanka. He is also a Director of Sierra Cables PLC and a member of Board of Management of several other institutions.