Mr. M. R. Shah assumed duties as Chairman of Merchant Bank of Sri Lanka Plc. and addressed staff of its subsidiary Company - MBSL Insurance on the 19th May 2010. During his inaugural speech, Mr. Shah, emphasized the importance of service & the rapid growth that is required amongst stiff competition. He went on to say that “MBSL” is a subsidiary of the largest state owned “Bank of Ceylon”, the Major Shareholder of MBSL, is solidly behind Insurance to ensure rapid development. He stressed the importance of taking the benefits of Insurance to the people of the country, keeping with the government’s economic development policy.

He concluded that human resources are the most valuable asset irrespective of their positions & their rights and privileges will be given due respect and recognition.