People’s Leasing & Finance PLC

Annual Report 2019/20

Corporate management

Mr Sabry Ibrahim

Chief Executive Officer/General Manager

Mr Ibrahim was appointed as the CEO/GM of People’s Leasing & Finance PLC in July 2017.

Qualifications

Honours Degree (BSc) (Colombo), FCIB (UK).

Positions held

Previously held the positions of Senior Deputy General Manager, Wholesale Banking (October 2014 to September 2016) and Senior Deputy General Manager, Risk Management (August 2007 to October 2014) at People’s Bank. Deputy General Manager, Head of Treasury, Head of Corporate Banking & Recoveries, Chief Risk Officer and Chief Credit Officer of Hatton National Bank PLC (2004 to July 2007). Head of Credit and GSAM at Standard Chartered Bank (2002 to 2004). Director of HNB Securities (PVT) Limited (2005 to 2007) and People’s Merchant Bank PLC (2009 to 2011).

Experience

37 years of banking experience in the areas of Corporate Banking, Treasury Management, and Risk Management.

Current positions

Director of People’s Insurance PLC, People’s Micro-commerce Ltd., People’s Leasing Fleet Management Limited, People’s Leasing Property Development Limited and People’s Leasing Havelock Properties Limited, and Lankan Alliance Finance Limited.

Mr Sanjeewa Bandaranayake

Senior Deputy General Manager

Mr Bandaranayake joined People’s Leasing & Finance PLC in July 2007.

Qualifications

FCA, FCMA (Sri Lanka), FCMA (Australia), a finalist of the CIMA (UK).

Positions held

Vice President of the Asian Financial Services Association (AFSA), former Committee Member of the Ceylon Chamber of Commerce and a former Council Member of the Sri Lanka Institute of Credit Management (SLICM), former CEO of People’s Merchant Finance PLC.

Experience

Over 26 years of post-qualifying experience at a very senior level in the finance sector.

Current positions

Chairman of the Leasing Association of Sri Lanka, Director of the Credit Information Bureau of Sri Lanka, Council Member of the Finance Houses Association of Sri Lanka. Director of People’s Leasing Property Development Limited,

Member of the Financial System Stability Consultative Committee of the Central Bank.

Mr Lionel Fernando

Senior Deputy General Manager

Mr Fernando joined People’s Leasing & Finance PLC in 1995 and throughout the service at People’s Leasing engaged in operations. Prior to joining People’s Leasing he worked in People’s Bank.

Qualifications

ACA, AIB (Sri Lanka), ACMA (Sri Lanka). Post Graduate Diploma in Business and Financial Administration (CA Sri Lanka).

Experience

Over 31 years experience in Banking and Finance Industry.

Current positions

Director/General Manager People’s Leasing Havelock Properties Limited. Director of National Railway Museum (Guarantee) Limited. Head of Al-safa Islamic Financial Services. Overseeing the Gold loan operations.

Mr Rohan Tennakoon

Deputy General Manager – Risk and Control

Mr Rohan Tennakoon joined People’s Leasing & Finance PLC in 1998.

Qualifications

MBA (Colombo), MSc (Mgt.) – (Sri Jayewardenepura), BSc –Business Admin (2nd Class Upper/Sri Jayewardenepura), AIB (Sri Lanka) and member APBSL, Licentiate of CA Sri Lanka.

Positions held

Served on the Panel of Jury in SLIM – NASCO for six consecutive years.

Experience

30 years of experience in many diversified fields such as accounting, manufacturing, exporting and banking prior to joining the leasing sector, experienced in marketing and business development, branch operations, credit, and presently in risk and control department, served as Head of Islamic Financial Services, served in panel representing the FHA in Chamber of Commerce.

Current positions

Represents the Company on the Council of Management in the Finance Houses Association of Sri Lanka, Compliance Officer of the Credit Information Bureau of Sri Lanka.

Mr Damith Malavithanthila

Deputy General Manager – Recoveries and Administration

Mr Malavithanthila joined People’s Leasing & Finance PLC in 1996 and was the Head of Recoveries for 10 years.

Qualifications

Finalist of CA Sri Lanka and Intermediate of the IBSL.

Experience

Over 35 years experience in Banking and Finance and several years of experience in Auditing and Accounting. Served as General Manager of People’s Leasing Fleet Management Limited over 8 years. Further, served as the Head of Recoveries for 10 years at People’s Leasing & Finance PLC and later joined Branch Operations in 2007 and handled branches covering all island. Presently performs as Head of Recoveries and Administration.

Current position

Director of People’s Leasing Fleet Management Limited, a fully owned subsidiary of People’s Leasing & Finance PLC.

Mr Laksanda Gunawardena

Deputy General Manager – Marketing

Mr Gunawardena joined People’s Leasing & Finance PLC in 2002 and was the Head of Corporate Leasing for 10 years.

Qualifications

MBA, MSc in Strategic Marketing, AICM–SL, Dip in Credit Management from SLICM, CMA (Australia), CPM (Asia), Certified Member of SLIM, Member SLID, Member of the CPM Sri Lanka.

Experience

Over 25 years experience in corporate and SME financing in the areas of credit, marketing, recoveries, branch development, and operations.

Current positions

Director of People’s Micro-commerce Ltd., a fully-owned subsidiary of People’s Leasing & Finance PLC.

Mr Prabath Gunasena

Deputy General Manager – ICT (Group)

Mr Gunasena joined People’s Leasing & Finance PLC in 1999 and has been the Head of ICT for 21 years.

Qualifications

MBA (University of Western Sydney), Dip. in Computer System Design – NIBM Sri Lanka. Project Management for Information Systems, Institute of Systems Science, National University of Singapore. Member of the British Computer Society.

Experience

21 years at People’s Leasing & Finance PLC.

Mr Udesh Gunawardena

Deputy General Manager – Internal Audit

Mr Gunawardena joined People’s Leasing & Finance PLC in 1999.

Qualifications

ACA, ACMA (Sri Lanka), Associate of IPFM (UK), Member of IIA, Dip. in Treasury, Investments and Risk Management (IBSL).

Positions held

Served as Chief Financial Officer and Company Secretary of Lankan Alliance Finance Limited – Bangladesh on secondment basis.

Experience

Over 20 years experience at senior levels in finance, with particular emphasis on accounting, auditing, financial management, and treasury operations.

Other positions

Secretary to the Board Audit Committee (BAC) of People’s Leasing & Finance PLC.

Mr Ranil Perera

Assistant General Manager – Recoveries

Mr Perera has over 20 years of experience at People’s Leasing Group.

Qualifications

MA in Regional Development and Planning (Colombo), MBA (Manipal), Post Graduate Diploma in Economic Development (Colombo), B.Com (Special) International Trade (Sri Jayewardenepura), part qualifications from the CIM (UK), CA Sri Lanka.


Detailed profiles of Corporate Management and the Management Team are available online

Corporate Management

https://www.plc.lk/index.php/en/about/management/corporate-management

Management Team

https://www.plc.lk/index.php/en/about/management/senior-management
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