Board of Directors

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1
Mr. Channa Prabodha Palansuriya
Chairman
(Non-independent / Non-Executive Director)
2
Mr. Watuthanthrige Mahiman Prasantha Lal De Alwis
Deputy Chairman
(Independent, Non Executive Director)
3
Mr. Ananda Seneviratne
Managing Director
(Executive)
4
Dr. Hennedige Srinath Dilanjan Soysa
Senior Director
(Independent Non-Executive )
5
Mr. Lasith Tharaka Ranwala
Director
(Non-Independent / Non-Executive)
6
Mr. P. Sumith Cumaranatunga
Director
(Independent / Non-Executive)
7
Mr. Rushanka Silva
Director
(Non Independent / Non Executive)
8
Mr. Janakan Selvaratnam
Director
(Non Independent / Non Executive)
9
Mr. Jayantha Harishchandra Gunawardena
Director
(Independent / Non-Executive)
10
Mr. Deepal Sooriyaarachchi
Director
(Non-Independent / Non-Executive)
1

Mr. Channa Prabodha Palansuriya Chairman (Non-Executive Director)

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, 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 (Independent, Non Executive Director)

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. 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.

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. 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.

6

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 Practising Accountant (CPA) and a Member of the Chartered Institute of Marketing (DipM MCIM).

7

Mr. Rushanka Silva Director (Non-Executive, Non-Independent )

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.

8

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.

9

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.

10

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.