Board of Directors

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1
Mr. Channa Palansuriya
Chairman
2
Mr. Prasantha Lal De Alwis
Deputy Chairman
3
Mr. Saman Herath
Managing Director
(Executive)
4
Dr. H.S.D. Soysa
Director
(Senior, Non-Executive)
5
Mr. P.M.A. Sirimanne
Director
(Non-Executive)
6
Mr. Tharaka Ranwala
Director
(Non-Executive)
7
Mr. P. S. Cumaranatunga
Director
(Non-Executive)
8
Ms. Aroshi Nanayakkkara
Director
(Non-Executive)
1

Mr. Channa Prabodha Palansuriya Chairman

Mr Channa Palansuriya obtained a Masters of Business Administration from Open University of Malaysia and has gained over thirty years of extensive experience in the apparel sector by heading the Orit Group of companies and through continuous leadership given to other companies in the apparel industry. Further, being a board member of the BOI for ten years, he gained wide experience in Government administration. He has won awards such as Asia Pacific Outstanding Entrepreneurship Award in 2013, Sri Lankan Entrepreneur of the year in 2002 and the silver award of the National Chamber of Exporters of Sri Lanka for the Garment Extra Large Category in 2004.

He was appointed to the Board of Sampath Bank on 1st January 2012 as a Non Independent Non-Executive Director. Appointed as Deputy Chairman on 26th January 2012, and held office as a board member until 12th November 2015. Re-appointed to the Board of Sampath Bank on 28th April 2016 and appointed as Chairman of Sampath Bank on 1st August 2016.

Presently he is Chairman of Sampath Bank PLC, Director of National Livestock Development Board, Director of Indra Holdings (Pvt) Ltd and an Executive Committee Member of Joint Apparel Association Forum (JAAF).

2

Mr. Watuthanthrige Mahiman Prasantha Lal De Alwis Deputy Chairman

Mr. Alwis was a Director of Sampath Bank from January 2002 to January 2011. He continues to be an Advisor to the Board of Sampath Bank since January 2011. Mr. Alwis has been an attorney-at-law since 1983 and holds LL.B and LL.M in Law from University of Colombo. He was a former State Counsel at the Attorney General’s Department and was appointed as a President Counsel in November 2012. He is also an Associate member of the Chartered Institute of Marketing UK.

Mr. Alwis was appointed to the Board on 25th February 2011. He is the Chairman of HR & Remuneration Committee and holds memberships of Integrated Risk Management Committee, Board Corporate Governance Committee and Board Related Party Transaction Review Committee of Siyapatha Finance PLC.

He was a member of the Consumer Affairs Authority, Board of Sri Lanka Foreign Employment Agency and Official Language Commission in Sri Lanka.

Mr. Alwis is a Certified National Trainer in Human Resource Management of the Junior Chamber International and visiting lecturer of Faculty of Law, University of Colombo, including subjects of Banking in LL.M Programme and Sri Lanka Law College. He currently serves as a Director of Softlogic Holdings and Coral Sands Hotel (Pvt) Ltd. He was appointed as Honorary Consul of Seychelles in Sri Lanka in October 2013. He is also a Member of Board of Management Centre for Human Right Development- University of Colombo.

3

Mr. Saman Herath Managing Director (Executive)

Mr. Saman Herath is an experienced banker with 35 years’ worth of experience. Beginning his banking career at Commercial Bank in 1981, he later joined Sampath Bank PLC as an Executive in the Finance Division in 1987. Mr. Herath worked his way up the proverbial ladder of the bank’s hierarchy until he reached the position of Senior Deputy General Manager of Corporate Banking from which he retired in June 2015.

He later went on to take up the position of Head of Branches at Nations Trust Bank. He was also a Director of Sampath Information Technology Systems Ltd, a fully owned subsidiary of Sampath Bank and a Director of Lanka Swift User Group (Guarantee) Ltd.

A result oriented person, Mr. Herath contributed largely to the development of Sampath Bank. He was appointed as Managing Director of Siyapatha Finance PLC with effect from 5th April 2016.

He is a member of the Board Credit Committee, Board Related Party Transactions Review Committee and Board Corporate Governance Committee.

He is a fellow Member of the Chartered Institute of Management Accounts of UK (FCMA, UK) as well as the Chartered Global Management Accountants (CGMA). Mr. Herath is also an Associate Member of the Institute of Bankers, Sri Lanka and holds a number of qualifications including, a Diploma in Credit Management from the Institute of Bankers, a Certificate in Asset and Liability Management from the Postgraduate Institute of Management and has also completed a number of courses in General and Strategic Management conducted by institutions such as The National University of Singapore.

4

Dr. Hennedige Srinath Dilanjan Soysa Director (Senior, Non-Executive Independent)

Dr. Soysa obtained his Bachelor of Science Degree (B.Sc.) with first class honours in Chemistry from the University of Ceylon, Colombo and Masters (M.A) and Doctoral Degrees (PhD) in Chemistry from the University of Southern California, Los Angeles, USA.

Dr. Soysa started his working career as an Executive Officer at Grindlays Bank PLC. He has held several key corporate positions which include Management Consultant, Development Financial Corporation of Ceylon Limited and Citi Bank. In the field of leasing, he was involved in starting operations in 1983 at Mercantile Lloyds Leasing Limited from where he retired as Deputy Managing Director in 2000. He then joined Commercial Leasing Company Limited as General Manager/CEO in 2002 and served in that position until his retirement in 2010.

He was appointed to the Board of Siyapatha Finance PLC as a Director on 01st January 2011 and holds the Chairmanship of the Board Credit Committee and memberships in the Board Audit Committee, Integrated Risk Management Committee and HR/Remuneration Committee.

Currently he serves as a Director of STK Engineering (Private) Limited, STK Developers (Private) Limited, STK Properties (Private) Limited, STK Quickshaws (Private) Limited, Shalsri Investments (Private) Limited and Packserve (Private) Limited.

5

Mr. Parakrama Maithri Asoka Sirimane Director (Non-Executive Independent)

Mr. Sirimane is a Fellow Member of the Institute of Chartered Accountants of Sri Lanka and holds a MBA with Distinction from the University of Swinburne, Victoria, Australia.

He has held several key corporate positions, including the positions of Chief Financial Officer of Sri Lanka Telecom PLC and Managing Director/Chief Executive Officer of Mercantile Leasing Limited.

He was appointed as a Director to the Board of Siyapatha Finance PLC on 3rd August 2010. He is the Chairman of Board Audit Committee, Board Corporate Governance Committee and Board Related Party Transaction Review Committee and is a member of the Integrated Risk Management Committee and Board HR/Remuneration Committee of Siyapatha Finance PLC.

He currently serves as a Director/Chief Financial Officer of E.B Creasy & Co PLC and some of its Subsidiaries.

6

Mr. Lasith Tharaka Ranwala Director (Non-Executive Non-Independent)

Mr. Ranwala is a Deputy General Manager of Sampath Bank PLC responsible for overseeing the areas of Marketing, Deposit Management, Development Banking, City & Commercial Credit and Business development. Mr. Ranwala is also the Overall Pillar Head for the CSR activities of the Bank. He has over 15 years’ experience in the Banking Industry in roles of increasing responsibility in Marketing & Retail Banking. During this period he had stints in Brand Management, Corporate communications, Market Development, CSR, Consumer and International Marketing.

Mr. Ranwala is a Fellow of CIM (UK) and a member of SLIM. He possesses a postgraduate Diploma in Marketing (CIM – UK) and is a Chartered Marketer. He is also a Certified Professional Marketer (CPM) of the Asia Pacific Marketing Federation. He has won numerous awards both locally and internationally which includes the "Brand Leadership Award in 2006" and the `Marketing Professional of the year in 2014’ at the CMO ASIA Global Brand Excellence Awards. Mr. Ranwala is the Vice President of the International Advertising Association (IAA) Sri Lanka and also a Board Member of the CSR Sri Lanka (Guarantee) Limited, which is the apex body for promoting CSR initiatives in Sri Lanka.

Mr. Ranwala was appointed as a Director to the Board of Siyapatha Finance PLC on 28th July, 2015 and he is a Member of Board Credit Committee.

7

Mr. P. Sumith Cumaranatunga Director (Independent Non-Executive)

Mr. Palavinnege Sumith Cumaranatunga was formerly Chairman & Managing Director of the David Pieris Group of Companies, where he served for 30 years and 9 months – 24 years as a Director and 2 years prior to that as General Manager. He retired as Chairman on 31st March 2016, having joined as Accountant on 01st July 1985.During this tenure, the organisation transformed from a relatively small business unit in a single location, to one of the most profitable, professionally managed conglomerates in Sri Lanka, with an island-wide reach and a consistent track record of exceptional performance, successfully overcoming numerous challenges.

Presently, he serves as Chairman of Suvimie Associates, an export oriented company. He joined Siyapatha Finance as an Independent Non-Executive Director on 30th October 2017.

Mr. Cumaranatunga is a Chartered Management Accountant (ACMA), a Certified Public Accountant (CPA) and a Member of the Chartered Institute of Marketing (DipM MCIM).

8

Ms. Aroshi Nanayakkkara Director (Independent Non-Executive)

Ms. Nanayakkara commenced her career as a Corporate Banker at ABN AMRO Bank NV and later at Deutsche Bank AG Sri Lanka. She has moved from banking to Human Resource and joined Eagle Insurance (then, a subsidiary of Ceylon Tobacco), handling Human Resource Development and Strategic Planning for the company. During her tenor, she had the opportunity to steer the company’s Human Resource through two major strategic changes when Eagle Insurance merged with Zurich Financial Services Group and when Eagle was strategically aligned to the NDB Banking Group. She has joined the Delmege Group as a Group Director Human Resource Development while serving as a Board Director of Delmege Interior Décor (Pvt) Ltd.

Ms Nanayakkara changed her career from Human Resource Development to Risk Management in the apparel industry by joining Brandix Group as Chief Risk Officer overlooking the functions of internal audit and compliance. She was then promoted as the Chief Executive Officer (CEO) of Brandix Hangers (Pvt) Ltd.

At present she is the CEO of her own consultancy firm, Global Consultancy Company. She has assisted several prominent companies across a range of sectors, from manufacturing to the service industry, in setting growth & innovation centred corporate strategy, transforming organizational vision into achievable milestones and strategic execution. Her consulting experience further covers design and implementation of merger strategies in the Financial Services Sector, implementing Risk Management frameworks for organizations, conducing of risk-based audits and the formation of Strategic HR units.

Ms Nanayakkara is also a corporate trainer and certified coach and she delivers transformative leadership boot camps, corporate strategy setting workshops, HR for Non HR, Communications and interpersonal skills, team building etc.

She is a member of the “University & Higher Education Steering Committee” of the National Human Resource Development Council of Sri Lanka, a strategic initiative set up by the Government of Sri Lanka and has been an HR advisor to the Ceylon Chamber of Commerce.

Ms Nanayakkara holds a BSc. in Management from the Massachusetts Institute of Technology, USA and a MSc. in Management from the London School of Economics, UK.