Board of Directors

Mr. Lasantha Fernando

Chairman

Mr. Fernando, a career banker with over 35 years of industry experience having previously served at the Hatton National Bank PLC Sri Lanka, as a Deputy General Manager, Development banking, with the role encompassing SME, Micro Finance, Rural & Agri. finance, developed strategic plans , closely monitoring the performance and motivating team members to consistently exceed performance targets.

As DGM Recoveries at HNB, adopted a “Hands on” approach working closely with the regions, managers, field and branch staff, leading, directing and motivating them to achieve goals and expectations. A stint at Lakshmi Bank, Kathmandu, Nepal as Deputy General Manager on Secondment from HNB under a Technical service agreement between the two banks.  He also served in the board of the Banks subsidiary Sithma Development (Pvt) Ltd. and Associate, Splender Media (Pvt)Ltd. Post retirement under took short term assignments for Asian Development Bank (ADB), vision Fund Lanka & Sejaya micro Credit Ltd. in the areas of SME & micro finance respectively. He served as an independent director in a Non – executive capacity at Richard Pieris Finance Ltd., also as chairman of the Board Audit Committee and Chairman of the Board Integrated Risk Committee.

He has been in general retail and corporate banking in various capacities gathering experience in many areas of activity, ranging from credit, credit administration, branch bank management and Head office credit functions.  Also a Branch Manager in several branches in rural, semi urban and urban areas.  Also instrumental in creating linkages and market opportunities for micro entrepreneurs using the bank’s network of clients and also assisting in the gradual enhancement in the capacity of enterprises to reach SME and even corporate status.

He holds a Diploma in Bank Management, is a Fellow of the Institute of Bankers (FIB) and a Master of Business Administration (MBA) University of Colombo. He is a distinguished old boy of both St.Thomas College, Mount Lavinia and Royal College, Colombo.

Mrs. Ramani Wijeratne

Independent / Non-Executive Director

With over 25 years of experience in senior management roles across leading financial institutions, including Commercial Banking, Licensed Specialized Banking and Non-Banking Finance Companies, Mrs. Ramani Wijeratne possesses a wealth of expertise in strategic leadership, financial management and organizational growth.

Mrs.Wijeratne holds a BSc Special Honors degree from the University of Kelaniya ,complemented by extensive training in Strategic Management ,Financial Management and Marketing. She has also earned several diplomas from the Institute of Bankers of Sri Lanka.

Additionally she has participated in numerous professional development programmes, both locally and internationally, which have equipped her with a deep understanding of the best practices in management and leadership.

In recognition of her experience and leadership capabilities, Mrs.Ramani Wijeratne was appointed as an Independent /Non- Executive Director to the Board of Directors of PSB also known as RDB on 15.10.2024.

Mrs. Rohini Madurawala

Independent / Non-Executive Director

Mrs. Rohini Madurawala has over 35 years of experience in banking at People’s Bank in Sri Lanka. Her career includes roles in Domestic and International Banking, managing branches, international trade, credit and credit risk management, and internal audit.

She has served as Branch Manager, Assistant Regional Manager, Chief Manager of Trade Services at Corporate Banking Division and Domestic Credit department of head office, and Assistant General Manager, overseeing Credit Risk Management, Internal Audit, and Branch Operations.

Mrs. Madurawala holds a Bachelor of Commerce (Special) from Ruhuna University and a Postgraduate Diploma in Commerce from Kelaniya University. She is an associate member of the Institute of Bankers of Sri Lanka and has obtained the Risk in Financial Services qualification from the Chartered Institute for Securities & Investments, UK.

She has contributed to policy development and served on various committees in the bank. Additionally, she has attended many professional development programs both locally and internationally during her career.

Mr. P. A. Wijerathne

Independent / Non-Executive Director

Presently, Mr. Wijeratne serves as the Senior Independent Director of LOLC Finance Plc since 2017. Mr. Wijeratne has over twenty five years of experience in Accounting, Financial reporting, Investment of internal funds, Foreign loan disbursements and repayments, Auditing, Public debt management and Administration as an ex Officio of the Central Bank of Sri Lanka.

He has joined CBSL in 1991 and has worked in the Finance, Public Debt Management and Internal Audit departments till his retirement in year 2016. Before joining the Central Bank of Sri Lanka, he has served at Auditor General Department, Sri Lanka Institute of Development Administration and Agrarian Research and Training Institute.

Mr. W. Ranaweera

Independent / Non-Executive Director

(Former Director of Central Bank of Sri Lanka)

Mr. Ranaweera possesses over 25 years of experience in the licensing, regulation and supervision of non-bank financial institutions. He has also been extensively involved in the implementation of development loan schemes operated by the Central Bank of Sri Lanka (CBSL), targeting key sectors such as agriculture, dairy farming and small and medium enterprises (SMEs).

Mr. Ranaweera joined the Central Bank of Sri Lanka in 1991 and served in several key departments, including the Supervision of Non-Bank Financial Institutions, Bank Supervision, Regional Development and Regional Office Management, until his retirement in 2020. Prior to his tenure at CBSL, he held positions at the Bank of Ceylon and the Department of Inland Revenue.

He holds a Bachelor of Arts (Special) degree from the University of Sri Jayewardenepura (1982), a Postgraduate Diploma in Business and Financial Administration from the Institute of Chartered Accountants of Sri Lanka (1995) and a Master of Economics from Vanderbilt University, USA (2001).

Additionally, he has participated various training programs, seminars, workshops and knowledge-sharing initiatives both locally and internationally. These focused on areas such as central banking, bank supervision and regulation, development banking, anti-money laundering, microfinance etc.

 

Mr. Kumara Bandara

Independent / Non-Executive Director

Mr. Kumara Bandara is an Associate Member of the Institute of Chartered Accountants of Sri Lanka (ACA), an Associate Member of the Sri Lanka Institute of Taxation (ATII), and a Fellow Member of the Institute of Certified Forensic and Fraud Auditors (IFA). He holds a Master of Business Administration (MBA) from the University of Wayamba, Sri Lanka, and a Bachelor of Science (Special) Degree in Business Administration from the University of Sri Jayewardenepura, Sri Lanka. He is also a Passed Finalist of the Institute of Chartered Corporate Secretaries of Sri Lanka (ACCS). Additionally, he serves as a Director of the Shrama Wasana Fund, Ministry of Labour, and as a Director of the Skill Development Fund of the Ministry of Education and Higher Education.

With over 25 years of professional experience, Mr. Kumara Bandara has served on several key professional committees and currently holds the position of President of the Institute of Certified Forensic and Fraud Auditors. He has also held leadership roles such as Chairman and Managing Director in several corporate and professional Companies.

He has gained extensive expertise in advisory services including system design, investigations, preparation of procedure manuals, feasibility studies, due diligence, business valuation, internal audits, costing, taxation, and corporate secretarial services.

Mr. Bandara’s experience includes leading audit and assurance engagements across a broad spectrum of entities such as private limited liability companies, proprietorships, partnerships, not-for-profit organizations, clubs, and associations. In addition to his professional work, he has contributed significantly to education, serving as a Senior Lecturer in Costing, Business Administration, Taxation, and Financial Accounting at a leading private educational institution in Sri Lanka for over ten years.

Mr. Chanura Wijetillake

Independent / Non-Executive Director

Mr Chanura Wijetillake has over 35 years’ experience in the banking sector out of which total of 14 years in the Senior Management and the Corporate Management at the Commercial Bank of Ceylon PLC covering the arears of Lending, Compliance, and Branch Administration.  He has been instrumental in implementing a Risk Based Compliance Framework and a Risk Based Compliance Audit System at the bank.

He has also successfully developed and executed strategies to maximize sales and profits growth in two large regions of the Commercial Bank for over 5 years.  He has been a member of the Commercial Bank’s Internal Resource Faculty for its training programs conducted for Branch Managers and the Credit Officers on Lending.

He has represented the bank and participated in several training program in Singapore, Hongkong, Bangladesh, China and Germany during his long career at the Commercial Bank PLC.

He has also functioned as the Assistant General Manager Compliance at Softlogic Finance PLC for a while after his retirement from Commercial Bank of Ceylon PLC.

Mr Wijetillake had been a Non-Executive Independent Director of People’s Leasing & Finance Plc for 5 years and there he had been the Chairman of the Board Nominations and Governors committee, the Chairman of the Board Integrated Risk Management Committee, Chairman of Board Related Party Transactions Review committee and a member of the Board Credit Committee at different periods.

He has been a resource person in the Training Programs conducted by Centre for Banking Studies of the Central Bank of Sri Lanka for few years.

He is a member of the Sri Lanka Institute of Directors.

Mr Wijetillake is a Fellow Member of the Institute – Bankers of Sri Lanka, and also an Associate Member of International Professional Managers Association (UK).  He has also obtained his Diploma in Management from ICFAI University India.

 

 

Mr. Ranjith Kodituwakku

Independent / Non-Executive Director

Mr.Ranjith Kodituwakku is an accomplished banking professional with over 40 years of experience in senior leadership and governance roles.

Throughout his career, he has demonstrated a proven ability to drive strategic initiatives, manage risk, and lead high-performing teams. Notably, he served as the Chief Executive Officer of People’s Bank and held chairmanship positions at the Financial Ombudsman, Lanka Financial Services Bureau, and People’s Travels.

His extensive experience in the banking sector encompasses directorships at prominent institutions, including People’s Leasing and Finance, People’s Insurance PLC, PMF Finance PLC, Lanka Alliance Finance Ltd, Bangladesh, Credit Information Bureau, Lanka Pay (Pvt) Ltd, and Sri Lanka Bank’s Association (Guarantee Ltd). Additionally, he has contributed to the governance of the Institute of Bankers of Sri Lanka and the National Payment Council.

Mr. Kodituwakku has a unique blend of academic and professional credentials including a Master of Business Administration (MBA) in Finance from the University of Colombo, a Bachelor of Laws (LLB) from the UK, Senior Fellowship of the Institute of Bankers of Sri Lanka, and Certified Membership of the Sri Lanka Institute of Marketing.

Mr. Asoka Bandara

Independent / Non-Executive Director

Asoka Bandara possesses over 40 years of experience in the Demand Generation function of which over 20 years in Senior Management roles. His tenure with the global MNC Nestle, included strategic roles such as Head of National Sales, Head of 2 Strategic Business Units in Marketing and the business lead for business development/dairy value chain. Also, he headed the local conglomerate, Delmege Forsyth Limited, as the Group Managing Director.

Today, he is the Group Head of Corporate Affairs & Strategy at the Sri Lankan confectionery and dairy Blue-Chip company, Maliban Biscuit Confectioneries (Pvt) Ltd.

He is the President of the All-Island Dairy Association (AIDA) under the Ceylon Chamber of Commerce, Chairman of National Dairy Consultative Committee under the Ministry of Industries, Secretary of Lanka Confectionery Manufacturers Association, and a Member of Chamber F&B Sub Committee. He was on the boards of Sri Lanka’s LPG market leader Litro Gas and  Litro Terminals. He has been an independent director at Peoples Leasing & Finance, a leading non-banking financial company, from 2020 to 2025.

Currently, Asoka offers KPI based management consultancy and corporate training to blue chip Sri Lankan companies. Asoka’s expertise includes building businesses based on brand equity enhancement and development of commercial teams through high level strategic planning and flawless execution. He strives to impart many decades of commercial expertise to organizations to reach global/regional leadership positions.

He has been certified as a practitioner by Genos International, a global leader in Emotional Intelligence and a  contact point for Sri Lanka and Maldives

Asoka has a post graduate diploma from Chartered Institute of Marketing ( UK) and a MBA from University of Colombo. He was a visiting MBA lecturer and a paper setting examiner for Strategic Management, Advanced Marketing / Sales Management as well as Leadership Development.