The Board of Directors of Union Bank of Colombo PLC have appointed Mr. Yudhishtran Kanagasabat as an Independent Non-Executive Director with effect from 27 July 2016 subject to the approval of the Central Bank of Sri Lanka. Mr. Kanagasabai has worked at PricewaterhouseCoopers throughout his carrier and completed his term as a Territory Senior Partner on 30th June 2016. He will continue to provide his services to PricewaterhouseCoopers until his retirement on 31 March 2017.