Board of Directors - Multi Finance PLC

Chairman/Independent Non-Executive Director

He is the Chairman of Multifinance plc and Hitherto served on the boards of the Sri Lanka Insurance Corporation, Sri Lanka Investment Holdings, Chevron Lubricants (Lanka) plc, and Eureka Technology Partners .

He’s had his post Graduate Education at the Indian School of Business / The Kellogg School of Management (Northwestern University) / Wharton School (University of Pennsylvania).

Imal worked with multi nationals such as JWT, Unilever, Glaxo-Smithkline, Coca-Cola and Chevron in the Middle East, in South East Asian and in the Sub-continent.

He launched Panadol and other OTC brands for GSK in Vietnam and pioneered the entry of Hemas Consumer Brands to Bangladesh.

Imal was the CEO of The largest Confectionery company and Managing Director of the largest Local Personal Care and Home Care Company in Sri Lanka.

He plays an active role within the marketing fraternity as the past President of the International advertising association (Sri Lanka Chapter 2007-2008), Founder Chairman of the Sri Lanka advertising awards (2006), Chairman of the Sri Lanka brand excellence jury (2007) Chairman of the “EFFIES” Sri Lanka jury (2009, 2012, 2017) and Chairman of the Trustees of the Sri Lanka advertising awards (2010). He was also appointed to the Jury of the Asia-Pacific Effie Awards (2016,2017,2018) and was subsequently Invited as a Juror for the Global Effies Program (2016) as well as the Middle East North Africa Program (2016).

Non-Independent, Executive Director/Chief Executive Officer

Mr. Pushpike Jayasundera has been the Chief Executive Officer at Multi Finance PLC since August 1, 2013. He possesses nearly 25 years’ experience in the fields of banking and finance.

He commenced his career as a Financial Executive in a reputed Non-Banking Finance Institution (NBFI) and subsequently worked in two reputed banks for more than 15 years, namely HNB and Union bank. He has experience in the areas of retail and corporate credit, project financing, factoring, leasing, margin trading, hire purchase, pawning and recoveries. He was instrumental in establishing the entire leasing operation at Union Bank and developed its IT system which consists of on line credit approval to fully automated GL module. During its first year of operation he surpassed a portfolio of Rs.1.0 Bn with a NPL ratio of below 0.1%.

He left the banking industry as ‘Head of Leasing’ and ‘Commercial Credit’ and joined Capital Alliance Finance PLC to lead the team. He revamped the entire company introducing best practices in the industry and re-engineered the business processes, whilst marking growth. Hence he is known for pioneering innovative new products in the industry, some of them being the free health insurance cover for deposit holders irrespective of age limit, first overseas travel package offered for time depositors based on rewards, first insurance credit cover and a point scheme for dealers, etc. He is also specialized in BPR (Business Process Re-engineering) system re-designing.

He holds a Masters in Business Administration specialized in Finance from Sikkim Manipal University and is a finalist in Charted Institute Of Management Accountants UK. He is also a member of the Institute of Commercial Management UK and lectures in Credit, Leasing, Hire purchase and relationship marketing, etc

Non-Independent Executive Director

Appointed to the Board in August 2002. Mrs. Atapattu serves the Company as Director – Legal. An Attorney-at-Law & Notary Public, Mrs. Atapattu graduated from Sri Lanka Law College in 1991 and holds over 21 years of experience as a practicing lawyer and legal officer holding wide-ranging experience across most aspects of the legal profession including litigation, court work, contract and agreement drafting and advisory services. She also holds further exposure in secretarial work and in addition to her experience in the field of conveyancing.

During her long tenure at Multi Finance, she has served as a Legal Officer, Director and General Manager. Mrs. Atapattu currently overlooks legal and recoveries and has headed operations at our head office and branch network. She has followed several training programs, workshops and seminars conducted by the Central Bank of Sri Lanka, Finance and Banking organizations and Asset management Institutions.

Independent, Non-Executive Director

Indraraj started his career at SJMS Associates as a student accountant and supervised and conducted varying assignments on their behalf ranging from the conduct of internal and external audits to feasibility studies and other management assignments in a wide variety of commercial and non-commercial enterprises.

He left accountancy and finance to join iOM DEVELOPMENT (PVT) LTD (formerly known as EDS Development (PVT) Ltd) In 1997 and gained experience in human resource management systems and project management and worked with diverse teams in both service delivery, systems development, project management, systems implementation and integration and curating IT strategies and systems for its clientele.

He joined the Ceylon Printers group in 2001 as the head of finance. He was responsible for the implementation of a new ERP and re-organising the finance and reporting function whilst implementing controls and enhancing best practices and governance in the group. He also oversees human resource and information technology functions of the group. He was inducted to the board in 2018 and was appointed the chairperson in November of 2020.

He is a finalist of the Chartered Institute of Management Accountants.

Independent, Non-Executive Director

Prasad Polwatte is a product of Ananda College, Colombo, is an accounting and banking professional with over 25 years of board based experience in banking, finance, and industry. A Fellow of both the Institute of Chartered Accountants of Sri Lanka and Chartered Institute of Management Accountants – UK, Prasad is also an Associate of the Institute of Bankers of Sri Lanka and Institute of Data Processing Management – UK. In addition, he holds a Master of Business from Monash University – Australia and a Master of Arts in Economics from the University of Colombo.

In the illustrious career, he has held senior managerial positions in some of the leading state and non-state corporations of Sri Lanka, including Sampath Bank PLC, Associated Newspapers of Ceylon Ltd, Tokyo Cement Colombo Terminal (Pvt) Ltd, Singhagiri Group PLC, Ceylon Petroleum Corporation and Nation Lanka Finance PLC.

Non-Independent, Non-Executive Director

Mrs. Dulani de Alwis is a Past Finalist of Chartered Institute of Management Accountants, London and a holder of Bachelors of Business Administration BBA, University of Colombo.

She has over 15 years of experience in the Finance & Leasing industry

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