Board of Directors - Multi Finance PLC

Chairman (Protem)/Independent Non-Executive Director pending CBSL approval

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

Mr Senaka De Saram obtained his primary education at S. Thomas’ College Mount Lavinia and there after graduated from the University of Colombo obtaining his Bachelor of Law degree from the University of Colombo. Mr De Saram enrolled as an Attorney at Law in the year 2002 and has been practising in the areas of Civil and Commercial Law for a period of well over 17 years. Mr De Saram obtained his masters in law also from the University of Colombo. Mr De Saram is also Associate Member of the Chartered Institute of Management Accountant (UK) commonly know as CIMA for the year 2008.

Mr De Saram has been appointed to the committee to study and recommend proposals to amend the procedural rules and relevant laws to cater the court automation.

Mr De Saram is a life member of the Bar Association of Sri Lanka since 2002 and presently a member of its financial committee. Mr De Saram was appointed as the Chairman of the Junior National Law Conference in the year 2004 which is now one of the key events of the Bar Association of Sri Lanka. Mr Senaka De Saram was appointed as the Convenor of the National Law Conference for the year 2018. Mr De Saram was appointed as a member of the finance and procument committee of the Bar Association of Sri Lanka since 2018. Mr De Saram has also been appointed as the Convenor of the Committee on Digitalisation of Courts of the Bar Association of Sri Lanka. Mr De Saram has also been nominated by Bar Association of Sri Lanka to be appointed as a member of the advisory committee for the Urban Settlement Development Authority.

Mr De Saram is a member of the election committee of the national sports body for rowing in Sri Lanka and a national selector for rowing in Sri Lanka for the last three years.

Mr De Saram has been invited to conducted lectures on Debt Recovery, Apartment Ownerships Law, Parate Execution Law, Media Freedom. Labour Law and Accounting procedures at various forums for the benefit of the legal fraternity as well as for Law Students.

Non-Independent, Non-Executive Director

Dr. Pasad Kulatunga, Group CEO of Fairway Holdings (Pvt) Ltd, taught Physics at Hobart & William Smith Colleges, in Geneva, New York and was an assistant professor at Lawrence University, in Wisconsin. He also served as a visiting scientist at the Danish Institute of Membrane Physics in Copenhagen, Denmark.

Pasad holds a PhD from Old Dominion University in Atomic & Molecular Physics, and did his Postdoctoral Fellowship at the University of Wisconsin-Madison specializing in Neural Atom Quantum Computing. Pasad earned his Bachelor of Science in Physics and Mathematics from the University of Wisconsin.

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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