Board of Directors

  • Mrs. Kimarli Fernando

    Mrs. Kimarli Fernando
    Acting Chairperson

    Skills and experience:

    Mrs. Kimarli Fernando holds a LLB (Hons) from the London School of Economics and Political Science, London, UK. She is a Barrister-at- Law, Lincoln’s Inn, UK. (1987) and an Attorneyat- Law, Sri Lanka. She has more than 26 years of experience in the field of banking.

    Appointed to the Board:

    On 26th August 2008 and appointed as Acting Chairperson on 17th May 2016.

    Membership of Board Sub-committees:

    Chairperson of the Related Party Transactions Review Committee, Member of the Remuneration Committee, Integrated Risk Management Committee and the Nomination Committee.

    Current appointments:

    Director of Vallibel One PLC, National Development Bank PLC, Delmege Limited and Richard Pieris Distributors Limited.

    Former appointments:

    Senior positions at Pan Asia Banking Corporation PLC, Standard Chartered Bank, Sri Lanka and Deutsche Bank AG, Sri Lanka.


  • Mr. Dhammika Perera

    Mr. Dhammika Perera
    Executive Deputy Chairman

    Skills and experience:

    A quintessential business leader, with interests in a variety of key industries including hydropower generation, manufacturing, hospitality, entertainment, banking and fi nance. He enriches the Board with over 27 years of experience in building formidable businesses through unmatched strategic foresight.

    Appointed to the Board:

    On 22nd October 2002, appointed as the Chairman on 7th October 2010 and Executive Deputy Chairman on 21st October 2011.

    Membership of Board Sub-committees:

    None

    Current appointments:

    Chairman of Sampath Bank PLC, Vallibel One PLC, Vallibel Power Erathna PLC, The Fortress Resorts PLC, Royal Ceramics Lanka PLC and Delmege Limited. Co-Chairman of Hayleys PLC and The Kingsbury PLC, Deputy Chairman of Horana Plantations PLC and Lanka Ceramic PLC. Also serves on the Boards of Vallibel Finance PLC, Lanka Tiles PLC, Amaya Leisure PLC, Haycarb PLC, Hayleys Fabric PLC, Dipped Products PLC, Hayleys Global Beverages (Pvt) Limited and Sun Tan Beach Resorts Limited.

    Former appointments:

    Chairman and Director General, Board of Investment of Sri Lanka, Secretary to the Ministry of Transport and member of the Board of Directors of Strategic Enterprise Management Agency (SEMA).


  • Mrs. Shirani Jayasekara

    Mrs. Shirani Jayasekara
    Independent Non-Executive Director, Senior Director

    Skills and experience:

    She has over 36 years of experience combining Finance and IT, Audit and Risk Management in Sri Lanka, Zambia and Bahrain. She is a Fellow of The Institute of Chartered Accountants of Sri Lanka and a Fellow member of the Chartered Institute of Management Accountants UK.

    Appointed to the Board:

    On 25th August 2010.

    Membership of Board Sub-committees:

    Chairperson of the Integrated Risk Management Committee, Member of the Audit Committee and Related Party Transactions Review Committee.

    Current appointments:

    Director of Asian Hotels and Properties PLC, a subsidiary of John Keells Holdings PLC.

    Former appointments:

    She was the Head of Audit, British American Tobacco Sri Lanka and Bangladesh and Head of Group Internal Audit of Carson Cumberbatch PLC


  • Mr.-J-A-S-Sumith-Adhihetty

    Mr. J A S Sumith Adhihetty
    Managing Director

    Skills and experience:

    A well-known professional in the marketing field, counts over 34 years of experience in the finance sector.

    Appointed to the Board:

    On 10th December 2003.

    Membership of Board Sub-committees:

    Member of the Nomination Committee andIntegrated Risk Management Committee.

    Current appointments:

    Serves on the Boards of Vallibel One PLC, Summer Season Residencies Limited, Summer Season Limited,La Forteresse (Private) Limited, Greener Water Limited and Alila Hotels and Resorts (Private) Limited. Also the Managing Director of The Fortress Resorts PLC.

    Former appointments:

    Deputy Managing Director of Mercantile Investments Limited and served as a Director of Nuwara-Eliya Hotels Company Limited, Grand Hotel (Private) Limited, Royal Palm Beach Hotels Limited, Tangerine Tours Limited, Security Ceylon (Private) Limited, Vallibel Finance PLC and Pan Asia Banking Corporation PLC.


  • Mr.-Thosapala-Hewage

    Mr. Thosapala Hewage
    Independent Non-Executive Director

    Skills and experience:

    Holds a Bachelor’s Degree in Social Science from the University of Ceylon, Peradeniya and a Master of Philosophy (Policy Analysis) from the University of Wales, UK. He holds a Post Graduate Diploma in Development Studies from the University of Cambridge, UK. He served as the Ambassador of Sri Lanka in Nepal for four years. He counts 41 years of experience as a professional Development Administrator and Natural Resource Manager.

    Appointed to the Board:

    On 23rd April 2013 and appointed as the Chairman on the same day, which office he relinquished on 17th May 2016.

    Membership of Board Sub-committees:

    Served on the Remuneration Committee as the Chairman up to 22nd September 2015 and thereafter was appointed as the Chairman of the Nomination Committee.

    Current appointments:

    None

    Former appointments:

    Ambassador in Nepal from 2009 to 2012. He was Secretary to the Ministries of Ports & Aviation, Enterprise Development and Investment Promotion, Urban Development and Water Supply, Environment and Natural Resources. Additional Secretary to the Ministry of Forestry & Environment (Policy Planning), Additional Director General of Southern Development Authority (Ministry of Finance and Planning) and Director, Ministry of Lands, Irrigation & Mahaweli Development. Led Sri Lankan delegations in various fi elds from 2000 to 2008 to Mauritius, Los Angeles, New York, Europe, Middle East, Bangladesh, Senegal, Thailand, Philippines, India, Korea and Japan.


  • Mr.-Lalit-N-De-S-Wijeyeratne

    Mr. Lalit N De S Wijeyeratne
    Independent Non-Executive Director*

    Skills and experience:

    Fellow of The Institute of Chartered Accountants in Sri Lanka and counts over 36 years of experience in Finance and General Management both in Sri Lanka and overseas.

    Appointed to the Board:

    On 1st November 2008 and functioned as the Acting Chairman during the period 21st October 2011 to 21st August 2012.

    Membership of Board Sub-committees:

    Chairman of the Audit Committee and Nomination Committee (upto 22nd September 2015) and a Member of the Remuneration Committee and Related Party Transactions Review Committee.

    Current appointments:

    He is presently a Director of DFCC Bank PLC, The Fortress Resorts PLC, Talawakelle Tea Estates PLC, The Nuwara-Eliya Hotels Company PLC, Rockland Distilleries (Pvt) Limited, The Kingsbury PLC, Aitken Spence Plantation Managements PLC, and Kelani Valley Plantations PLC. He is also a member of the Quality Assurance Board of The Institute of Chartered Accountants of Sri Lanka.

    Former appointments:

    He was the Group Finance Director of Richard Pieris & Company PLC from January 1997 to June 2008 and also held Senior Management positions at Aitken Spence PLC, Brooke Bonds Ceylon Limited and Zambia Consolidated Copper Mines Limited. Also served on the Board of Property Development PLC and was a Member of the Accounting and Auditing Standards Monitoring Board of Sri Lanka.

    *As per the Listing Rules and considered as a Non-independent Director in terms of the Finance Company (Corporate Governance) Direction.


  • Mr. Nimal Perera

    Mr. Nimal Perera
    Executive Director

    Skills and experience:

    Counts over 32 years of experience in the fields of finance, capital market operations, manufacturing, marketing and management services. And also a member of the Sri Lanka Institute of Marketing.

    Appointed to the Board:

    On 2nd September 2003 and was designated as an Executive Director on 1st September 2012.

    Membership of Board Sub-committees:

    None

    Current appointments:

    Serves of the Boards of Pan Asia Banking Corporation PLC, Horana Plantations PLC, Lanka Walltiles PLC, Lanka Tiles PLC, Lanka Ceramic PLC, Swisstek (Ceylon) PLC, Swisstek, Aluminium Limited, Vallibel Plantation Management Limited, Uni Dill Packaging Limited, N P Capital Limited, N Capital (Private) Limited as the Chairman, Vallibel One PLC as the Deputy Chairman, Royal Ceramic Lanka PLC as the Managing Director. Holds Directorships in Hayleys PLC, Haycarb PLC, Talawakelle Tea Estates PLC, The Kingsbury PLC and Amaya Leisure PLC.


  • Mr. Niroshan Udage

    Mr. Niroshan Udage
    Executive Director

    Skills and experience:

    Bachelor’s Degree in Science from the University of Colombo and possesses 25 years of experience in the field of leasing and finance, including 10 years at Lanka Orix Leasing Company PLC and 3 years at Mercantile Investments Limited prior to joining L B Finance PLC in 2004. Followed a course in 2007 conducted by Intentional Development Ireland Limited in Dublin and London on Strategy and Management in Banking and also successfully completed High Potentials Leadership Programme in 2012 at Harvard Business School in Boston, MA, USA.

    Appointed to the Board:

    On 1st January 2007

    Membership of Board Sub-committees:

    Member of the Integrated Risk Management Committee.

    Current appointments:

    Director of Hayleys Fibre PLC


  • Mr. B D A Perera

    Mr. B D A Perera
    Executive Director

    Skills and experience:

    An Associate Member of the Chartered Institute of Management Accountants ACMA, CGMA [UK] and holds a BSc (Business Administration) Special Degree from the University of Sri Jayewardenepura, successfully completed High Potentials Leadership Programme in 2012 at Harvard Business School in Boston, MA, USA. Counts over 18 years of experience in the leasing industry that includes positions at Commercial Leasing Company Limited, Lanka Orix Leasing Company PLC and a Merchant Bank in Bangladesh.

    Appointed to the Board:

    On 1st January 2007

    Membership of Board Sub-committees:

    Member of the Integrated Risk Management Committee and Related Party Transactions Review Committee.

    Current appointments:

    Director of Hayleys Fibre PLC


  • Mrs. Anandhiy K Gunawardhana

    Mrs. Anandhiy K Gunawardhana
    Independent Non-Executive Director

    Skills and experience:

    An Attorney-at-Law and a partner of Julius and Creasy, Attorneys-at-Law and Notaries Public, she graduated from the University of Colombo’s Faculty of Law in 1995 with Second Class (Upper Division) Honours and also secured First Class Honours at the Attorneysat- Law (Final) Examination in 1996, conducted by the Sri Lanka Law College. She is a Fulbright Scholar and was awarded the Master of Laws (LL.M. with Distinction) by Georgetown University, Washington DC, in May 2000 and, thereafter, served a 7 month internship with the International Monetary Fund’s Legal Department in Washington D.C. Her areas of specialisation are Corporate and Commercial Law, Mergers & Acquisitions.

    Appointed to the Board:

    On 1st March 2013

    Membership of Board Sub-committees:

    Chairperson of the Remuneration Committee and Member of the Audit Committee.

    Current appointments:

    Director of Jaycey and Company, Jacey Trust Services (Private) Limited, Jacey Advisory Services (Private) Limited, and Jacey & Company (Private) Limited and Brand Protection Services (Private) Limited, affiliate companies of Messrs Julius & Creasy engaged in providing ancillary services and of Corporate Holdings (Private) Limited, which is an investment company and of The Colombo Fort Land & Building PLC. She is also a Director of G S Investments (Private) Limited, S V Investments (Private) Limited, A S Investments (Private) Limited, S S Investments (Private) Limited, G T Investments (Private) Limited M B Investments (Private) Limited, G J Investments (Private) Limited, S A Investments (Private) Limited, S T investments ( Private) Limited and V P Investments (Private) Limited.


  • Mr. Ravindra Yatawara

    Mr. Ravindra Yatawara
    Executive Director

    Skills and experience:

    Holds a BSc. Degree in Business Administration from the Oklahoma State University, USA. Counts over 20 years’ of experience in the fi nance industry, including both Managerial and senior Managerial positions in the LOLC group, Hatton National Bank PLC and AMW Capital Leasing PLC.

    Appointed to the Board:

    On 15th March 2016

    Membership of Board Sub-committees:

    None

    Current appointments:

    Chairman of The Finance House Association of Sri Lanka (FHA), Nominee of the FHA on the Board of the Credit Information Bureau of Sri Lanka (CRIB).

    Former appointments:

    General Manager of L B Finance PLC, Vice Chairman of the FHA from 2012 to 2015


  • Mrs. Yogadinusha Bhaskaran

    Mrs. Yogadinusha Bhaskaran
    Independent Non-Executive Director

    Skills and experience:

    A fellow member of the Chartered Institute of Management Accountants UK (FCMA), Fellow of CPA Australia (FCPA) and an Associate Member of the Institute of Bankers, Sri Lanka

    Appointed to the Board:

    On 15th March 2016

    Membership of Board Sub-committees:

    None

    Current appointments:

    Chief Executive Officer of Vallibel One PLC, Director of Delmege Limited, Dipped Products PLC, Hayleys Fabric PLC, and Haycarb PLC.

    Former appointments:

    Assistant General Manager (Finance and Planning) at Pan Asia Banking Corporation PLC, Financial Controller of several Australian Companies in Melbourne.