Prof Amaratunge was appointed to the Board in 2016. He is an expert in the field of Economics with special reference to rural development and draws from three decades of service as a leading academic in Sri Lanka. He is the current Chairman of University Grants Commission (UGC).
He holds Directorships at Citizens Development Business Finance PLC, Laugfs Gas PLC, Raigam Wayamba Salterns PLC, Southern Salt Company (Pvt) Ltd. and Raigam Wayamba Cereals (Pvt) Ltd. Prof Amaratunge has published over 75 Articles in international and national refereed journals and proceedings. He has won several local and international awards, including the prestigious Research Excellence Award in 2002, awarded by Kyushu Society of Rural Economics, Japan. In 2021, Prof Amaratunge was the recipient of “The Order of the Rising Sun” conferred by His Majesty the Emperor of Japan, on foreign nationals who have made distinguished contributions to enhancing friendly relations with Japan. Prof Amaratunge holds a BA (Hons.) in Economics from the University of Sri Jayewardenepura, MA in Economics from the University of Colombo, MSc in Economics of Rural Development from the Saga National University and a PhD from Kogoshima National University in Japan.
He was the former Vice-Chancellor of the University of Sri Jayewardenepura and former Chairman of the Federation of University Teachers Association (FUTA).