Corporate Information

Name of Company

SANASA Development Bank PLC

Legal form

A Public Quoted Company with Limited Liability incorporated under the Companies Act No.17 of 1982 on 6 August 1997 and re-registered under the Companies Act No. 07 of 2007 and registered as a Licensed Specialised Bank by Central Bank of Sri Lanka under the Banking Act No. 30 of 1988 (as amended by the Banking Amendment Act of 1995) and approved Credit Agency under the Mortgage (Amendment) Act No. 53 of 1949 and Trust Receipt Ordinance No. 12 of 1947.

Date of Incorporation

6 August 1997

Company Registration Number

PB 62 PQ

Central Bank Registration Number

Central Bank License No. 6 (Under Banking Act No. 30 of 1988 on 21 August 1997)

Accounting Year End

31 December

Registered Office and Principal Place of Business

Address: No. 12,
Edmonton Road, Kirulapone,
Colombo 06.
Phone: + 94 11 283 2500
Fax: + 94 11 251 4256
Email: comsec@sdb.lk
Web: www.sdb.lk

Colombo Stock Exchange Listing

The ordinary voting shares of the Company were quoted on the Main Board of the Colombo Stock Exchange (CSE) on 31 May 2012.

Chief Executive Officer

Mr Thilak Piyadigama

Compliance Officer

Ms S N T Igalagamage

Company Secretary

Ms Tamarika Rodrigo

Auditors

Messrs Ernst & Young Chartered Accountants, No. 201, De Saram Place,
P O Box 101,
Colombo 10.

Bankers

People’s Bank,NDB Bank PLC
Nations Trust Bank PLC
Hatton National Bank PLC
Sampath Bank PLC

Board of Directors

Ms Samadanie Kiriwandeniya (Chairperson)
Mr Lakshman Abeysekera (Senior Director)
Prof Sampath Amaratunge (Director)
Mr Prabhash Subasinghe (Director)
Mr S Lionel Thilakarathne (Director)
Mr Arnoldus de Vette (Director)
Mr K G Wijerathne (Director)
Mr Chaaminda Kumarasiri (Director)
Mr Prasanna Premaratna (Director)

Board Subcommittee Directors

Board Audit Committee
Mr Lakshman Abeysekera
(Chairman/Senior Director)
Prof Sampath Amaratunge (Director)
Mr K G Wijerathne (Director)
Mr Chaaminda Kumarasiri (Director)

Board Human Resources and Remuneration Committee

Mr Chaaminda Kumarasiri (Chairman)
Ms Samadanie Kiriwandeniya (Chairperson)
Mr Lakshman Abeysekera (Senior Director)

Board Credit Committee

Mr Prasanna Premaratna (Chairman)
Ms Samadanie Kiriwandeniya (Chairperson)
Mr S Lionel Thilakarathne (Director)
Mr Arnoldus de Vette (Director)

Board Selection and Nomination Committee

Mr Lakshman Abeysekera
(Chairman/Senior Director)
Ms Samadanie Kiriwandeniya (Chairperson)
Prof Sampath Amaratunge (Director)

Board Integrated Risk Management Committee

Prof Sampath Amaratunge (Chairman)
Mr Prabhash Subasinghe (Director)
Mr Chaaminda Kumarasiri (Director)

Board Related Party Transactions Review Committee

Mr Chaaminda Kumarasiri (Chairman)
Prof Sampath Amaratunge (Director)
Mr Prasanna Premaratna (Director)

Board ICT and Business Strategic Committee

Ms Samadanie Kiriwandeniya (Chairperson)
Mr Lakshman Abeysekera (Senior Director)
Prof Sampath Amaratunge (Director)
Mr Prabhash Subasinghe (Director)
Mr Arnoldus de Vette (Director)

Board Co-operative Development Committee

Mr K G Wijerathne (Chairman)
Mr Lakshman Abeysekera (Senior Director)
Mr S Lionel Thilakarathne (Director)

Membership in Associations

Leasing Association of Sri Lanka
Association of Professional Bankers’ of Sri Lanka
The Ceylon Chamber of Commerce
Employers’ Federation of Ceylon
The Association of Banking Sector Risk Professionals Sri Lanka
Association of Compliance Officers of Banks Sri Lanka
Sri Lanka Banks’ Association (Guarantee) Limited
The Financial Ombudsman Sri Lanka (Guarantee) Limited

Credit Rating

BB+ Stable by Fitch Lanka Limited
SL[BBB-] with a Stable Outlook by ICRA Lanka Limited