Hatton National Bank Management

Management criteria checks 0/4

Hatton National Bank's CEO is Antonio Alles, appointed in Jul 2013, has a tenure of 10.75 years. directly owns 0.025% of the company’s shares, worth LKR27.48M. The average tenure of the management team and the board of directors is 1.3 years and 2.7 years respectively.

Key information

Antonio Alles

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	10.8yrs
CEO ownership	0.03%
Management average tenure	1.3yrs
Board average tenure	2.7yrs

Recent management updates

Recent updates

CEO

Antonio Alles

10.8yrs

Tenure

Mr. Antonio Jonathan Alles, M.B.A. - Finance (Stirling), AIB (Sri Lanka), served as Non-Executive Chairman at LVL Energy Fund PLC. He serves as Managing Director, Chief Executive Officer and Executive Dire...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Antonio Alles	MD, CEO & Executive Director	10.8yrs	no data	0.025% LKR 27.5m
Anuradhi Delage	Assistant GM & CFO	1.3yrs	no data	no data
Druvinda Vaidyakularatne	Assistant GM - Information Technology & Chief Information Officer	no data	no data	no data
Dilunika Jayasinghe	Assistant General Manager of Credit Operations & Administration	less than a year	no data	no data
Shiromi Halloluwa	Board Secretary & Head of Legal	1.3yrs	no data	0.000050% LKR 54.8k
Neil Rasiah	Assistant General Manager of Compliance	no data	no data	no data
L. Cooray	Deputy General Manager of Sustainability & Corporate Communications	1.3yrs	no data	no data
Upul Adikari	Head of Marketing	no data	no data	no data
Kailavasan Indravasan	Assistant GM & Chief Human Resources Officer	1.3yrs	no data	no data
Ruwan Manatunga	Chief Risk Officer & Deputy GM of Risk	4yrs	no data	no data
Murtaza Normanbhoy	Chief Manager of Internal Audit	no data	no data	no data
Niroshana Seneviratne	Chief Internal Auditor & Deputy GM of Internal Audit	no data	no data	no data

1.3yrs

Average Tenure

Experienced Management: HNB.N0000's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Antonio Alles	MD, CEO & Executive Director	10.9yrs	no data	0.025% LKR 27.5m
Meemanage Nanda Fernando	Independent Non-Executive Director	no data	no data	no data
Sivakrishnarajah Renganathan	Independent Non-Executive Director	no data	no data	no data
Prawira Saldin	Non-Executive & Non-Independent Director	3yrs	no data	0.00061% LKR 669.0k
Wanniarachchi Madura Duminda Ratnayake	Non-Executive Independent Director	5.5yrs	no data	no data
Talpawila Don Aruna Prasad Samarasinghe	Non-Executive Director	2.3yrs	no data	no data
Mututantrige Parakrama Cooray	Senior Independent Director	3.8yrs	no data	0.0016% LKR 1.8m
Pilippu Hewa Chandrawansa	Independent Non-Executive Director	3yrs	no data	no data
Kuttikande Vidanelage Jayawardene	Non-Executive & Non-Independent Chairman	2.7yrs	no data	no data
Goluhewage Bindu Rasitha Gunawardana	Non-Executive Independent Director	2.3yrs	no data	0.0046% LKR 5.0m
Kahandawela Arachige Perera Gunawardena	Non-Executive Non-Independent Director	2.3yrs	no data	no data

2.7yrs

Average Tenure

60yo

Average Age

Experienced Board: HNB.N0000's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.

Hatton National Bank Management

Management criteria checks 0/4

Key information

Recent management updates

HNB PLC Appoints Damith Pallewatte as Acting CEO

Hatton National Bank PLC, Annual General Meeting, Mar 28, 2024

Hatton National Bank plc Appoints Vish Govindasamy as Independent Non-Executive Director

Hatton National Bank plc Announces Management Changes

Hatton National Bank PLC Appoints Shiromi Halloluwa as Secretary

High number of new directors

Recent updates

HNB PLC Appoints Damith Pallewatte as Acting CEO

Upcoming dividend of LK₨4.00 per share

Hatton National Bank PLC, Annual General Meeting, Mar 28, 2024

Full year 2023 earnings released: EPS: LK₨40.68 (vs LK₨27.46 in FY 2022)

Third quarter 2023 earnings released: EPS: LK₨15.85 (vs LK₨9.69 in 3Q 2022)

Second quarter 2023 earnings released: EPS: LK₨4.23 (vs LK₨1.56 in 2Q 2022)

Investor sentiment improves as stock rises 15%

Investor sentiment improves as stock rises 16%

Hatton National Bank plc Appoints Vish Govindasamy as Independent Non-Executive Director

Hatton National Bank plc Announces Management Changes

First quarter 2023 earnings released: EPS: LK₨12.66 (vs LK₨8.84 in 1Q 2022)

Investor sentiment improves as stock rises 23%

Full year 2022 earnings released: EPS: LK₨28.62 (vs LK₨35.54 in FY 2021)

Investor sentiment improves as stock rises 21%

Hatton National Bank PLC Appoints Shiromi Halloluwa as Secretary

Now 21% undervalued after recent price drop

High number of new directors

Third quarter 2022 earnings released: EPS: LK₨10.10 (vs LK₨6.53 in 3Q 2021)

Now 21% undervalued after recent price drop

Second quarter 2022 earnings released: EPS: LK₨1.63 (vs LK₨8.87 in 2Q 2021)

First quarter 2022 earnings released: EPS: LK₨8.99 (vs LK₨8.83 in 1Q 2021)

Price target decreased to LK₨162

High number of new directors

Price target decreased to LK₨161

Investor sentiment deteriorated over the past week

Upcoming dividend of LK₨6.50 per share

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Hatton National Bank PLC Proposes Final Dividend for the Year Ended December 31, 2021, Payable on April 12, 2022

Third quarter 2021 earnings released: EPS LK₨6.65 (vs LK₨6.53 in 3Q 2020)

Price target increased to LK₨173

Second quarter 2021 earnings released: EPS LK₨9.03 (vs LK₨4.04 in 2Q 2020)

Acting Non-Executive Independent Chairman of the Board Liyanamohottige Joseph Sri Cabral has left the company

First quarter 2021 earnings released

Non-Executive Independent Director has left the company

Non-Executive & Non-Independent Director has left the company

Independent Chairman of the Board Dinesh Weerakkody has left the company

Upcoming dividend of LK₨4.50 per share

Full year 2020 earnings released: EPS LK₨25.58 (vs LK₨28.68 in FY 2019)

Price target lowered to LK₨162

New 90-day high: LK₨139

Hatton National Bank PLC, Annual General Meeting, Mar 30, 2021

Price target raised to LK₨176

New 90-day high: LK₨133

Third quarter 2020 earnings released: EPS LK₨6.71

New 90-day low: LK₨113

Hatton National Bank plc Announces Retirement of Rohan Karunaratne from the Office of Director of Bank

New 90-day high: LK₨127

First half earnings released

New 90-day high - LK₨118

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age