Chairman/Independent Non-Executive Director
Mr. Sujeewa Mudalige
Mr Mudalige counts over 30 years of experience as a Chartered Accountant and recently retired as the Managing Partner of PwC, Sri Lanka.
He currently serves as a Non-Executive Chairman of Mercantile Services Provident Society (MSPS). He is also an Independent Non-Executive Director at National Development Bank PLC, Chemical Industries Colombo PLC and subsidiaries, NSBM Green University, Sherwood Capital Ltd and Mahindra Ideal Finance Ltd. He was appointed as a Commissioner of the Securities and Exchange Commission, Sri Lanka in March 2023. He is also a committee member of the Ceylon Chamber of Commerce.
Mr Mudalige has vast experience as an Audit Committee Chair in both public and private sector organizations. He is a past President of ICASL and has been a member of the Council of ICASL and of the governing board of CIMA UK, Sri Lanka Division and held several such other positions locally and globally during the span of his career.
Mr Mudalige was an Independent Non-Executive director of Hatton National Bank PLC from 2012 to 2019 and was a Chair and member of several of its board subcommittees during his tenure. He was also the Deputy Chairman of the Financial System Stability Consultative Committee of the CBSL and a member of the Advisory Committee to advise the National Economic Council and the Advisory Committee for Revival of Failed Licensed Finance Companies.
His qualifications are FCA (SL), FCMA (UK), FCCA ( UK) and FCPA (Australia).
Deputy Chairman/Non Independent Non-Executive Director
Mr. Ajith Devasurendra
Mr. Ajith Devasurendra is a veteran in the financial services industry in Sri Lanka and counts over 35 years of experience both in Sri Lanka and overseas.
Mr. Devasurendra is the Deputy Chairman of Ambeon Holdings PLC and Dankotuwa Porcelain PLC and Director of Ceylon Hotels Corporation PLC.
Executive Director/Group Chief Executive Officer
Dr. Sajeeva Narangoda
Dr. Sajeeva Narangoda is currently the Executive Director of Ambeon Holdings PLC. In addition, Dr. Narangoda serves on the respective Boards of Millennium IT ESP, Eon Tec (Pvt) Ltd, Dankotuwa Porcelain PLC., Royal Fernwood Porcelain Limited, Taprobane Capital Plus (Pvt) Ltd, Colombo City Holdings PLC and Sherwood Capital (Pvt) Ltd as a non-Executive Director.
His illustrious career includes serving Colombo City Holdings PLC as its Executive Director/Chief Executive Officer, Dankotuwa Porcelain PLC as its Chief Executive Officer, Millennium IT ESP as Executive Director, Browns Hospitals Limited (currently known as Melsta Hospitals) as Director/Chief Executive Officer and Hemas Hospitals as the Chief Operating Officer.
He has also been serving the Australian Council on Healthcare Standards International (ACHSI) as an International Hospital Assessor since 2012 and as country representative for Sri Lanka since July 2019.
Dr. Narangoda holds a Bachelor of Dental Surgery degree from the University of Peradeniya, Sri Lanka and a Master of Science (Finance and Management) from Keele University UK. In addition, he is a Fellow Member of the Chartered Institute of Management Accountant (CIMA) UK, a Chartered Global Management Accountant (GGMA) UK and a Certified Practicing Accountant (CPA), Australia.
Non-Independent Non-Executive Director
Mr. Ranil Pathirana
Mr. Ranil Pathirana has extensive experience in finance and management in financial, apparel and energy sectors and presently serves as a Director of Hirdaramani Apparel Holdings (Private) Limited, Hirdaramani Leisure Holdings (Private) Limited and Hirdaramani Investment Holdings (Private) Limited which are the holding companies of the Hirdaramani Group. He is also the Managing Director for Hirdaramani International Exports (Pvt) Limited.
Mr. Pathirana is the Chairman of Windforce PLC and a Non-Executive Director of Ambeon Capital PLC, Ceylon Hotels Corporation PLC, BPPL Holdings PLC, ODEL PLC & Alumex PLC. He is a Fellow Member of the Chartered Institute of Management Accountants, UK and holds a Bachelor of Commerce Degree from the University of Sri Jayewardenepura.
Independent Non-Executive Director
Mr. Yudy Kanagasabai
Mr. Yudy Kanagasabai currently serves as the Chairman of the Board Audit Committee of Ceylon Tobacco Company PLC, Eswaran Brothers Exports (Private) Limited and Millennium IT ESP (Pvt) Limited, and as an Independent Non-Executive Director of Cargills Ceylon PLC, Hunter & Company PLC and Lanka Canneries Limited. He is also a Non – Executive Director of Cargills Food Company Limited, Cargills Bank Limited, and Chairman of Dankotuwa Porcelain PLC.
He was the Chairman of the Audit Committee of Union Bank PLC from August 2016 to 31 December 2018, and a Commissioner of the Insurance Regulatory Commission of Sri Lanka from May 2018 to November 2018 and from December 2018 to November 2019.
Prior to taking up several board positions post retirement, he served as the Senior Partner of PricewaterhouseCoopers, Sri Lanka and Maldives. Having joined the Firm in 1981, he held progressively responsible positions before being admitted as a Partner in 1991, following a secondment to the Singapore Firm from June 1988 to May 1990 for training in Information Security.
Mr. Kanagasabai is a Fellow of the Institute of Chartered Accountants of Sri Lanka.
Independent Non-Executive Director
Mr. Dilush Perera
Mr. Dilush Perera, a qualified & accomplished Finance Professional & Finance Director of Hirdaramani Group, he has a successful track record spanning more than two decades of managing large-scale financial & operational systems for global entities, in addition to establishing H-Connect—where he served as Chief Executive Officer, as one of the finest shared-service & BPO organizations in the region.
He was a Non-Executive Director (NED) of Dankotuwa Porcelain PLC, world class porcelain tableware manufacturing company for 2 years and Saaraketha Holdings (Pvt) Ltd, manufactures and distributors of organic fruits and vegetables. Currently holding a NED position at Marendaz Accountants & Business Consultants Australia.
Independent Non-Executive Director
Mr. Savanth Sebastian
Mr. Savanth Sebastian has a wealth of experience in economics, financial services and investment management and currently also serves on the Boards of Directors of Nations Trust Bank PLC (6 years), Voguetex Pvt Ltd and ArpicoAtaraxia Asset Management.
Mr. Sebastian brings with him twenty-one years of industry experience, having carried out responsibilities for nine years as the Senior Economist within the Global Markets research team at Commonwealth Bank in Australia, advising Federal and State Governments, high net worth private and institutional clients, and internal stake holders – including Colonial First State and the Commonwealth Bank senior leadership team.
Prior to this, he spent four years working in and then managing the International trading desk for Commonwealth Securities – the stock broking division of Commonwealth Bank, Australia which transacted across 31 international markets. While in the role he was responsible for the facilitation of Strategic Trading Accounts – allowing CBA Treasury to manage risk and drive an alternative source of revenue.
He holds a Bachelor of Commerce in Actuarial Studies & Finance, is an Accredited Advisor of the Australian Stock Exchange, and a Master Practitioner of the Australian Stockbrokers and Financial Advisers Association.
Mr. Sebastian has published numerous research reports for institutional clients covering domestic and global macroeconomic policy and analysis of equity markets.