Mr. Chandula Abeywickrema 

Chairman
Non-Executive Independent Director

 

Mr. Abeywickrema was appointed as a Non-Executive, Independent Director with effect from June 26, 2019 and is the Chairman of People’s Merchant Finance PLC. He is the Co-Founder of ‘Ath Pavura’ the first ever TV reality show for Social Entrepreneurs and Impact Investors in Sri Lanka, telecasted on the largest national TV network and also the Founder and Chairman of Lanka Impact Investing Network (Private) Ltd (LIIN) , Sri Lanka’s very first impact investing firm focused on channeling private equity funds with the purpose of investing and providing business development support to nurture a well-developed eco system of social entrepreneurs across the country.

An accomplished and respected senior commercial banker with lead expertise and experience in retail and development banking, Mr. Abeywickrema has a proven track record of over 30 years and is recognized in Asia as an expert in Financial Inclusion. As Deputy General Manager – Retail & Development Banking, he spearheaded the retail and development banking strategy which provided management and strategic direction in steering HNB’s SME and Microfinance portfolios to greater heights. During his tenure, HNB was named the best retail bank in Sri Lanka by Asia Money for 7 consecutive years, until his retirement in 2013 after serving the bank for 25 years. Subsequently he served as the Managing Director /CEO of CCC Solutions, the project management arm of Ceylon Chamber of Commerce from 2014 to 2015 and as the Consultant- Strategy and Marketing for National Savings Bank (NSB) from 2016 to 2017.

Mr. Abeywickrema has participated in numerous international symposiums as an expert in the area of financial inclusion and is the current Chairman of the Banking with The Poor Network (BWTP), Asia’s Largest Micro Finance Network. He was also appointed recently by the Asian Bankers Association (ABA) as an Advisor on Financial Inclusion to ABA and has served on a number of Boards of Financial Institutions, both local and international. He is the Chairman of CSR Sri Lanka the national apex body for Corporate Social Responsibility, representing the largest number of private sector companies, Chairman of Lanka Financial Services for Undeserved Settlements, a public and private sector collaborated credit guarantee fund to support low income housing finance, and serves as a member of the Board Directors of World Vision Lanka.

Mr. Ranjith Kodituwakku

Non-Executive Non-Independent Director

 

Mr. Ranjith Kodituwakku is serving as the Chief Executive Officer/ General Manager of People’s Bank with effect from 19th June 2020. Commencing a career in 1982 in the bank, he has specialized in a wide spectrum of areas covering Branch Banking, Consumer Banking, Commercial Banking, Corporate Banking, Off-shore Banking, International Banking, Project Financing, Recoveries, Digitalization etc. with extensive local and international training/exposure gained through working in different capacities at different geographical locations.

He is a key figure in driving the bank towards digitalization on mapping business requirements to a digital platform by adopting best practices in the industry and re-engineering business processes for which the bank was awarded many prestigious awards/recognitions both internationally and locally.

Additionally, he has played a key role in the efforts carried out by People’s Bank to re-open bank’s branches in the Northern Province with the aim of rebuilding the lives of the people and strengthening the economy of the region soon after the end of humanitarian operation in 2009.

He also serves as a Director of People’s Leasing & Finance PLC, People’s Insurance PLC, People’s Travels Ltd., Lankan Alliance Finance Ltd. Bangladesh, Financial Ombudsman Sri Lanka (Guarantee) Ltd, Credit Information Bureau of Sri Lanka, Lanka Clear (Pvt) Ltd., National Payments Council, Sri Lanka Banks’ Association (Guarantee) Ltd, Lanka Financial Services Bureau and Institute of Bankers of Sri Lanka.

Mr. Kodituwakku holds a Master’s Degree in Business Administration specialized in Finance from the University of Colombo, Bachelor of Laws (Honours) from the University of New Buckinghamshire, United Kingdom and is an Associate Member of the Institute of Bankers of Sri Lanka and a Certified Member of Sri Lanka Institute of Marketing.

Mr. Travis Waas

Non-Executive Non-Independent Director

 

Mr. Waas who was involved in the restructuring of People’s Merchant Finance PLC was appointed as a Non-Independent Non-Executive Director with effect from 22nd June 2020. He counts more than 3 decades of experience in the financial services sector having commenced his career at Lanka Orient Leasing Company Ltd in 1987.

An alumnus of the University of Colombo with a Bachelor of Science and an MBA from the University of North Texas, USA, he has pioneered the setting up of the leasing operations at Hatton National Bank, Vanik Inc. Ltd and Assetline Leasing Co. Ltd, where he served in the capacity of Senior Manager Leasing, Senior Vice President and Managing Director respectively.

He was a past Director of the Leasing Association of Sri Lanka and has served as an Executive Director of the financial services cluster of the David Pieris Group. He has also served as Director/CEO of Orient Financial Services Corporation Ltd and as a Non-Executive Director of Capital Alliance Finance Ltd., People’s Merchant Bank and LB Finance Ltd., and many other companies in diverse sectors.

Mr. Rangana Madusanka 

Non-Executive Non-Independent Director

 

Mr. K. R. P. Madusanka was appointed as a Non-Executive, Non Independent Director with effect from June 26, 2019. He is the Chief Executive Officer of Sterling Automobiles Lanka (Pvt) Ltd.

Having started his career at Ernst & Young as an Audit trainee he progressed over 08 years in the Audit & Assurance sector by becoming a Senior Manager of BDO Partners having gained valuable experience in Business Valuations, Due Diligence, Forensic Audits, Internal Audits, Project Proposal Formulation, Business Process Outsourcing and Financial Advisory Services. His expertise is widespread covering a range of industries from banking & finance, insurance, micro finance, plantations, manufacturing, general trading, apparel, not for profit organizations and service oriented organizations to name a few.

He has a proven track record of over 10 years in the corporate world having held leadership positions in both leading local and overseas entities at senior and strategic level. He was Group Accountant and Senior Accountant at Durdans Hospital and Asiri Surgical Hospital respectively. Further, he strengthened his senior management skills by joining Arabian Sugar Company B.S.C. in Bahrain, the only sugar refinery situated in the Kingdom of Bahrain and one of the biggest sugar suppliers to the Gulf region as the Group Finance Manager.

Mr. Madusanka is an Associate member of the Institute of Chartered Accountants of Sri Lanka and holds MBA from Cardiff Metropolitan University of UK. He is also an Associate member of the Institute of Professional Finance Managers of UK and an Associate member of the Association of Accounting Technicians of Sri Lanka.

Mr. Channa Manoharan

Independent Non-Executive Director

 

Mr. Manoharan who was appointed as an Independent Non-Executive Director with effect from June 26, 2019, counts over 25 years of extensive experience in public accounting practice and management consulting and is at present the Advisory & Consulting Leader/Chief Operating Officer of Price Waterhouse Coopers Sri Lanka & Maldives.

A Fellow of the Institute of Chartered Accountants of Sri Lanka and a Fellow of the Institute of Certified Management Accountants of Sri Lanka, he is also the Chairman/Director of the Sri Lanka Association of Software Services Companies (SLASSCOM).

Previous Appointments held by him include General Council Member, Sri Lanka Association of Software Services Companies (SLASSCOM), Member of the Council of The Institute of Chartered Accountants of Sri Lanka, Honorary Treasurer – Organization of Professional Associations of Sri Lanka and Committee Member – Taxation Steering Committee of the Ceylon Chamber of Commerce.