HDFC bank announced the appointment of Mr. D.M. Sarath Abayagunawardana (non-executive independent director) as the board member of the bank, who is nominated by the ministry of Skils Development, Employment & Labour Relations. The board approval granted on April 30, 2020. The appointment is subject to receiving the regulatory approval from the Central Bank of Sri Lanka. He presently functioning as the Secretary to the Ministry of Skills Development, Employment and Labour Relations, Chairman Of National Institute Of Occupational Safety and Health, Chairman of National Institute of Labour Studies and Chairman of Shrama Vasana Fund Board.