Mr Y A Jayathilaka – Director

Mr. Y. A. Jayathilaka was appointed to the Board of Property Development Limited on 15 May 2020.

He currently serves as the Acting General Manager/ Chief Executive Officer of the Bank of Ceylon since
6th August 2025. He was appointed to the Corporate Management of the Bank in February 2020 and
has since held several key leadership positions, including Deputy General Manager (Support Services),
Deputy General Manager (Recovery – Provinces), Deputy General Manager (Development Banking and
Branch Credit Operations), and Deputy General Manager (Products and Banking Development).

Prior to his appointment to the Corporate Management, Mr. Jayathilaka served as a member of the
Executive Management for five years, from April 2015, where he held roles such as Assistant General
Manager (Product Development and Business Process Re-engineering), Assistant General Manager
(Central Province), and Assistant General Manager (Province Sales Management).

With over 28 years of experience in the banking sector, Mr. Jayathilaka has gained extensive exposure
across a wide range of banking operations. His expertise spans core banking functions including branch
credit, development banking, and recovery; treasury operations such as foreign exchange trading,
money markets, capital markets, and investment management; and overseas operations through his
tenure at Bank of Ceylon (UK) Limited. He has also led major project implementations in core banking
systems, trade finance platforms, workflow automation, and mobile banking applications, and has played a leading role in product development, digital transformation, and innovation.

Mr. Jayathilaka holds a Bachelor of Science (Special) degree in Business Administration from the
University of Sri Jayewardenepura and a Master of Business (Finance) from the University of Kelaniya.
He also holds a Diploma in Banking and Finance and is an Associate Member of the Institute of Bankers
of Sri Lanka. He has completed the Advanced Course in Strategic Management at the Postgraduate
Institute of Management, University of Sri Jayewardenepura, as well as the Advanced Management
Program (AMP) at INSEAD University, France.

In addition to his executive role at the Bank of Ceylon, Mr. Jayathilaka serves as a Director on the
Boards of Hotels Colombo (1963) Limited, BOC Property Development and Management (Pvt) Limited,
Ceybank Holiday Homes (Pvt) Limited, BOC IT Solutions (Pvt) Limited, LankaPay (Pvt) Ltd, Credit
Information Bureau of Sri Lanka and BOC Travels (Pvt) Ltd.