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Mr. P. Sumith Cumaranatunga Chairman (Independent , Non-Executive Director)
Mr. Cumaranatunga was formerly the Chairman & Managing Director of the David Pieris Group of Companies, where he served for over 30 years– 24 years as a Director and 2 years prior to that as General Manager. He retired as Chairman on 31stMarch 2016, having joined as an Accountant on 01st July 1985.
During this tenure, the organisation transformed from a relatively small business unit in a single location with a turnover of Rs 43.3million and a net profit of Rs 311,000 in 1985/86, to one of the most profitable, professionally managed conglomerates in Sri Lanka, with a turnover of Rs 86.2 billion and a net profit of Rs 11.1 billion in 2015/16, an island-wide reach and a consistent track record of exceptional performance, successfully overcoming numerous challenges. The David Pieris Group of Companies was at the forefront of automotive, financial services, information technology and logistics businesses, with industry leadership in many spheres, breaching Rs10 billion in net profit thrice in five years, from 2011/12 to 2015/16.
He also served as Chairman of Assetline Leasing Compan Limited from 12th October 2010 to 01stApril 2015, during which period the Company was among the most profitable entities in the finance leasing industry.
Prior to becoming Chairman of Siyapatha Finance PLC, Mr. Cumaranatunga was the Chairman of the Board Audit Committee, the Board Human Resources & Remuneration Committee, the Board Nomination Committee, the Board Related Party Transaction Review Committee and the Board Information Technology Committee. He was a Member of the Board Credit Committee before assuming the Chair of the Board Audit Committee and served on the Board Corporate Governance Committee. Mr. Cumaranatunga continues to serve as a Member of the Board Audit Committee and the Board Integrated Risk Management Committee and Chairman of the Board Human Resources & Remuneration Committee and the Board Nomination Committee.
Mr. Cumaranatunga is the Chairman of Suvimie Associates (Pvt) Ltd, a Company engaged in local retailing, global trading, manufacturing and plantations. He was appointed as a Member of the Council, University of Colombo, with effect from 27th January 2020. He is a Chartered Management Accountant (ACMACGMA), a Certified Practising Accountant (CPA) and a Member of the Chartered Institute of Marketing (DipM MCIM).
Mr. Rushanka Silva Deputy Chairman (Non Independent / Non Executive Director)
Mr. Rushanka Silva having completed his secondary education from Trinity College Kandy is an Associate Member of the Chartered Institute of Management Accountants UK, holds an MBA from University of Western Australia, Sydney and is an alumnus of the Harvard Business School, USA.
He was appointed as the Managing Director at Indra Traders in 2007, Mr. Silva brings a wide range of skills and acquired knowledge accumulated over the years in management accounting, strategy, marketing and sales.
He currently is a Non Independent Non Executive Director of Sampath Bank PLC, Managing Director of Indra Traders (Pvt) Ltd, Non-Executive Director of Sampath Centre Limited, Chairman of Braybrooke Residential Properties (Pvt) Ltd. and Director of Indra Motor Spares (Pvt) Ltd and Indra Property Development (Pvt) Ltd.
Mr. Ananda Seneviratne Managing Director (Executive)
Mr. Hettiveediye Mudiyanselage Ananda Seneviratne has over 36 years of working experience in various local and international companies as a senior management official. He is a Fellow member of the Chartered Accountant of the Institute of Chartered Accountant of Sri Lanka, a graduate in Business Administration from the University of Sri Jayawardanepura and a holder of Master Degree in Business Administration (MBA) from the University of Colombo.
Mr. Ananda Seneviratne was elected as the Chairman of Leasing Association of Sri Lanka for the period of 2016 to 2018. The Association comprises of the membership of all leasing and financial institutions of Sri Lanka. Concurrently, he was a Board Member of Credit Information Bureau of Sri Lanka (CRIB) and David Peiris Global Ventures (Pvt) Limited. He is also serving as an active member of various committees of Institute of Chartered Accountants of Sri Lanka.
After successful completion of his articles at Sachithananda Schockman & Pauspati Company, he joined Lanka Porcelain (Pvt.) Limited in 1983 and served the company for two years as the Financial Accountant and as the Accountant Stores & Supplies. Later he joined Richard Pieris & Company as the Head of Internal Audit Department, from 1985 to 1991 and served the Company for 6 years.
Mr. Ananda Seneviratne served 17 years at Nestle Lanka Limited, from May 1991 to June 2008, holding various management positions. He started as the Head of Internal Audit until 1995. In mid-1995, he moved to the Financial Accounting Department as the Head of Financial Accounting. In 1999, he was transferred to Nestle Middle East to function as the Business Excellence Manager and had assigned a contract to introduce common business practices in the Lower Gulf Countries, Saudi Arabia, Sriya, Jordan and Palestine. After completion of the assignment at Nestle Middle East, he returned to Sri Lanka in the year 2002 and took up the position of Head Procurement.
In 2008, Mr. Ananda Seneviratne joined Loadstar (Private) Limited and served as the Director/ General Manager of procurement from 2008 to 2009.
Mr. Ananda Seneviratne previous employment was at Assetline Leasing Company Limited, which is the largest subsidiary of David Pieris Group of Companies, in the capacity of Director and Chief Executive Officer. He joined the company in 2009 as Director – Operations and subsequently promoted to the rank of Chief Executive Officer in 2015. During his tenure, he was able to convert Assetline into a best performing and profitable Company in Non-banking finance industry, through expanding and diversifying its operation in both automotive and non-automotive sectors.
Mr. Janakan Selvaratnam Director (Non-Executive, Non-Independent )
Mr. Janakan Selvaratnam’s career spanning 25 years with Citibank N.A., Sri Lanka, was Vice President, Head of the Local Corporate Bank & Public Sector for the bank’s Sri Lankan franchise. His exposure has been in managing client portfolios in corporate, multinational, non-banking financial sector and public sector segments. He was a member of the Banks Management Committee, Credit Committee etc.
The scope of his responsibilities included the heading of businesses in a highly performance driven culture, strategic & business planning, corporate governance & compliance, market evaluation and commercializing of business units, development and marketing of products for increased wallet share capture of identified segments, credit & risk management and managing people, their development & training. He was instrumental in leading a key change management project for the bank. He possesses widespread experience working with risk management, legal teams, product groups and regulators at all levels within and outside the country.
Mr. Janakan Selvaratnam holds a Post Graduate Diploma, Business Administration form University of Wales (PRIFYSGOL CYMRU).
In the last two and half years he has engaged in business development and consultancies in the Banking, Non-Banking Financial Institution, Insurance Brokerage and Corporate sectors.
Mr. Janakan Selvaratnam, currently acts as a consultant to Sampath Bank PLC’s Board Credit Committee. His main role is the provision of advisory services on credit risk evaluation & approval, credit quality expansion and corporate bank strategy.
Mr. Jayantha Harishchandra Gunawardena Director (Independent, Non-Executive)
Mr. Jayantha Harischandra Gunawardena had a distinguished career at Standard Chartered Bank, Colombo holding number of senior managerial positions such as Imports Manager, Exports Manager, Manager Trade Services, and senior Treasury Dealer. He has extensive knowledge and experience in Trade Services (International Operations), Treasury Operations, Retail Banking Operations, Corporate Credit, Internal Control and Inspection and Credit Administration spanning over 23 years at Standard Chartered Bank.
At the time of his early retirement from the bank, he was working as the Manager Quality Control and Operational Risks where he was mainly responsible for maintaining a stronger Control environment in the Bank and further acting as the Anti-Money Laundering monitoring officer monitoring/ reporting of suspicious transactions to the Financial Intelligence Unit of the Central Bank of Sri Lanka.
Mr. Gunawardena holds a Diploma in Bank Management and AIB Sri Lanka Part I offered by the Institute of Bankers of Sri Lanka.
Subsequent to his retirement from the Bank, he joined Ms. Ernst & Young Chartered Accountants, Colombo in the year 2001. At Ernst & Young he was designated as the Investigation Manager, who was a key person involved in investigations and External /Internal Audits related to complex areas such as Treasury Operations, Trade Services and Retail and Corporate Banking Operations in leading licensed Commercial Banks of Sri Lanka such as People’s Bank, Bank of Ceylon, Commercial Bank of Ceylon PLC., Sampath Bank PLC, National Savings Bank, NDB Bank, Merchant Bank of Sri Lanka and People’s Merchant Bank.
Further, He was also responsible for carrying out Corporate Governance compliance Audits for several years at number of leading Licensed Commercial Banks and Registered Finance Companies as required by the CBSL directions.
Mr. Deepal Sooriyaarachchi Director (Non-Independent, Non-Executive)
Mr Deepal Sooriyaarachchi counts over 30 years' experience in Sales, Advertising, Marketing, Human Resources Development and Strategy with extensive experience in the field of Insurance.
He is a Fellow member of the Chartered Institute of Marketing UK and a Chartered Marketer, Fellow member of the Sri Lanka Institute of Marketing. He holds a Masters of Business Administration from the University of Sri Jayawardanapura. Pioneer in disseminating Management knowledge in Sinhala. A leading management development consultant and author. Accredited Master Coach and Master Mentor.
He is an Independent Non-Executive Director of AIA Insurance Lanka PLC, Panasian Power PLC, Singer Sri Lanka PLC and Hemas Manufacturing (Pvt) Ltd.
He served on the Board of Sampath Bank PLC as an Independent Non-Executive Director since August 2010 holding the positions of Chairman of Board Marketing and Board Human Resources & Remuneration sub-committees and also a member of the Board Audit Committee. He is the Past President of Sri Lanka Institute of Marketing, Managing Director Aviva NDB Insurance PLC, Commissioner - Sri Lanka Inventors' Commission, Consulting Partner - RBL Group USA.
Mr. Shiran Perera Director (Non-Independent, Non-Executive)
Mr. Shiran Perera counts over 25 years of experience in enterprise and engineering industry. He holds a Degree in engineering from the university of Moratuwa and is currently serving as a non executive director on the Boards of Sampath Information Technology Solutions Ltd and Matrix (Pvt) Ltd.
He has gained his 25 years of experience working closely with CXOs, Consultants, Professional bodies and industry groups to understand the market dynamics and ability to identify, the potential business oppornrnities.
Mr. Shiran Perera started his career in 1993 as a manager to Personal Systems Group IBM World Trade Corporation, thereafter as operations manager to Stretchline (Pvt) Ltd MAS Group - Sri Lanka, chief operating officer to Stretchline MAS Group - Indonesia, general manager SEA, IMAS Corporate Software - Ceylinco, chief executive officer - Blue Chip Customer Engineering, country general manager - Hewlett Packard.
In the year 2000, Mr. Shiran Perera won 'Golden Circle - Director Award' as the highest global recognition in IBM for outstanding performance in driving sales of IBM personal system product.
In recognition of his contribution made in building the IBM brand and penetrating into new market segments in Sri Lanka, the IBM offered him 'IBM Stock Options'.
Ms. Sriyani Ranatunga Director (Independent, Non-Executive)
Sriyani Ranatunga is a Fellow member of The Chartered Institute of Management Accountants, UK (FCMA-UK), CGMA and hold a MBA from Postgraduate Institute of Management, University of Sri Jayewardenepura. Also hold a MA in Economics from University of Colombo. She is an old girl of Visakha Vidyalaya, Colombo.
She retired from DFCC Bank PLC as a Vice President, after serving the bank for 20 years in the fields of Internal Audit, Credit Administration and Corporate Banking. Prior to DFCC she has worked at several mercantile organizations in the Accounting field. Commenced her career at Property Development Ltd (subsidiary of Bank of Ceylon) and has worked as an Accountant at Lanka Queen International (Pvt) Ltd, Metropolitan Group of Companies, Bauer Ceylon (pvt) Ltd and Project Engineering (Pvt) Ltd, covering over 16 years of experience.
Mr. Malinda Dileepa Bandara Boyagoda Director (Independent, Non-Executive)
Mr. Boyagoda posses over 17 years of post qualification experience of which nearly 12 years is with PwC, working for the offices of Colombo – Sri Lanka, Gaborone - Botswana and Seattle – USA. He also has 3 years of experience working in the Cayman Islands heading the finance function of a company operating in the tourism industry.
Mr. Boyagoda is a Fellow Member of the Institute of Chartered Accountants of Sri Lanka, an Associate Member of the Chartered Institute of Management Accountants of UK (CIMA – UK) and the Chartered Global Management Accountant (CGMA). He graduated from the University of Sri Jayawardenepura, Sri Lanka with a Degree in BSc Business Administration specialised in Finance.
He is currently a Partner at PwC leading audit and assurance engagements primarily focusing on the financial services sector clients. He is also the deputy IFRS leader of PwC Sri Lanka and has been involved in quality control, industry specialization and audit methodology initiatives of the international firm for a number of years.
His participation and contribution to the profession include being a member of the Sri Lanka Accounting Standard implementation and interpretation task force of CA Sri Lanka. He has also sat in a number of other forums and technical sub-committee of the Institute of Chartered Accountants of Sri Lanka formed to address accounting and auditing related issues in the industries of Banking and Insurance. He has also been a resource person for a number of training programs on International Financial Reporting Standards conducted locally and overseas.