COMMERCIAL BANK OF CEYLON PLC — Governance risk

Governance risk — COMMERCIAL BANK OF CEYLON PLC

Board composition, director tenure and turnover, committee effectiveness, succession gaps.

Model weight: 25% of the total score.

Signals in this category

76.4

Elevated (76.4)

From the annual recalculation record for FY2024.

Banks sector average for FY2024: 114.9 — this company is below the sector average.

Severity	Signal	Points	Year	Source section	Evidence
Low	no female directors	+1	2025	—	View evidence No female directors on 9-member board
Low	low independent directors	+2	2025	—	View evidence Independent directors 0.0% (below 33%)
Low	no female directors	+1	2024	—	View evidence No female directors on 19-member board
Low	low independent directors	+2	2024	—	View evidence Independent directors 15.8% (below 33%)
Low	no female directors	+1	2023	—	View evidence No female directors on 18-member board
Low	low independent directors	+2	2023	—	View evidence Independent directors 22.2% (below 33%)
Low	no female directors	+1	2022	—	View evidence No female directors on 15-member board
Low	low independent directors	+2	2022	—	View evidence Independent directors 20.0% (below 33%)
Low	no female directors	+1	2021	—	View evidence No female directors on 17-member board
Low	low independent directors	+2	2021	—	View evidence Independent directors 23.5% (below 33%)
Low	no female directors	+1	2020	—	View evidence No female directors on 13-member board
Low	low independent directors	+2	2020	—	View evidence Independent directors 30.8% (below 33%)
Low	no female directors	+1	2019	—	View evidence No female directors on 1-member board
Low	low independent directors	+2	2019	—	View evidence Independent directors 0.0% (below 33%)
Low	no female directors	+1	2018	—	View evidence No female directors on 1-member board