NDB Investment Bank
![Darshan Perera, CEO, NDB Investment Bank.jpg](https://assets.euromoneydigital.com/dims4/default/fdff818/2147483647/strip/true/crop/342x455+262+160/resize/800x1064!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F71%2F2e%2Ff46f594944769c95d84842d075bd%2Fdarshan-perera-ceo-ndb-investment-bank.jpg)
Darshan Perera, chief executive of NDB Investment Bank, oversaw a stellar year for the full-service investment bank in 2021; the runaway market leader stood out thanks to its wide range of debt and equity capital market deals and M&A transactions, and it held corporate advisory roles on large trades.
Whether it was SDB Bank’s secondary public offering worth SLRs3.5 billion ($9.6 million), First Enterprise Software Company’s $3.5 million listing, or advising on a $2 million capital-raising deal for dairy projects owned by Watawala Plantations, the NDB investment banking team was there.
The same was true for debt sales for LOLC Group ($70 million), Sanasa Life Insurance Company ($1 million listing through debt introduction), Cargills Bank ($7.5 million additional tier-1), Resus Energy’s maiden $3.8 million renewable bond, People’s Merchant Finance’s novel gold loan transaction, and many others.
All of these transactions, despite chaotic market conditions, helped NDB IB to turn a tidy profit.
The firm achieved a record-breaking volume of capital market transactions worth $375 million in 2021, up 178% year on year, with more than 50 deals.