Mr Fonseka is a Fellow of the Institute of Bankers of Sri Lanka and holds a Master’s Degree in Business Administration from the Postgraduate Institute of Management of University of Sri Jayewardenepura. He has received a Distinction for the ACI Dealing Certificate and counts more than 26 years of experience in Treasury Management. He is also a Certified Member (CMA) of the Institute of Certified Management Accountants of Australia. He was appointed as the President of the Association of Primary Dealers in July 2018 and acts in this position at present. He is a member of National Payment Council, Financial System Stability Consultative Committee and the task force to study and design new alternative benchmark interest rates of Central Bank of Sri Lanka. Furthermore, he has acted as a Chief Examiner for Institute of Bankers of Sri Lanka’s IABF/DABF Examinations. He joined People’s Bank in 2002, prior to which he served at American Express Bank and Standard Chartered Bank. He has been a member of the People’s Bank’s Senior Corporate Management team from November 2011.