Mr Fonseka was appointed to the Board of Property Development Limited (PDL) with effect from 12 February 2016 and serves as the Chairman of the Audit Committee of PDL as well.

He currently serves as the Chief Financial Officer of Bank of Ceylon and has been representing the Corporate Management of the Bank since 2012. He counts more than 31 years of experience in both international and local arenas whilst acquiring wide experience in all aspects of commercial banking and specializing in financial management and strategic planning of the Bank of Ceylon.

Mr Fonseka serves as a Director on the Boards of Merchant Bank of Sri Lanka & Finance PLC, Transnational Lanka Records Solutions (Private) Limited and Lanka Clear (Private) Limited. Mr Fonseka acts as the Chairman to the Audit Committee of LankaClear (Private) Limited as well.

Mr Fonseka graduated from the University of Sri Jayewardenepura, Sri Lanka with a Bachelor of Science (Special) Degree in Business Administration and holds a Postgraduate Diploma in Management from the Postgraduate Institute of Management (PIM), University of Sri Jayewardenepura, Sri Lanka and a Master’s of Business Administration from the University of Southern Queensland, Australia. Mr Fonseka is a Fellow Member of the Institute of Chartered Accountants of Sri Lanka, a Senior Fellow Member of the Institute of Bankers of Sri Lanka and a Member of the Alumni of the Harvard Business School of USA as well.