Mr. Kapila Jayawardena – Chairman

Mr. Kapila Jayawardena was appointed to the Board of Directors of the Company in June 2007, when he also appointed as the Group Managing Director/CEO of LOLC. He holds an MBA in Financial Management, is an Associate of the Institute of Cost and Executive Accountants and was awarded Fellowship of the Institute of Bankers (IBSL) in 2006. 

He has varied experience in the fields of Banking Operations, Audit, Relationship Management, Corporate Finance, Corporate Banking, Investment Banking and Treasury Management. Mr. Jayawardena was appointed as the Chairman of the Sri Lanka Banks’ Association (SLBA) in 2003/04 and served as President of the American Chamber of Commerce in Sri Lanka in 2006/2007. He served as a Director of Lanka Clear, National Institute of Business Management (NIBM) and The Institute of Bankers (IBSL). 
Mr. Jayawardena was appointed to the Financial Sector Reforms Committee (FSRC) by the Prime Minister and is a member of the Finance Sector and Capital markets cluster of the National Council of Economic Development (NCED). He was a key member of the inaugural sovereign rating team and sovereign debt for Sri Lanka appointed by the Governor of the Central Bank. 
He was presented with the prestigious Combined Support Group Award by the US Navy for services rendered after the Tsunami in 2005. Mr. Jayawardena has over 27 years’ experience in all areas of banking, out of which nine years was in the capacity of CEO/Country Head CitiBank Sri Lanka and the Maldives. He was the first Sri Lankan to be appointed as a senior credit officer (SCO) by CitiBank in Sri Lanka. During his leadership, CitiBank in Sri Lanka was rated AAA by Fitch Ratings in Sri Lanka. CitiBank Sri Lanka was the first foreign Bank to obtain an AAA rating. 
Mr. Jayawardena is the Chairman of LOLC Insurance Company Ltd., LOLC Securities Ltd. and LOLC Motors Ltd. With LOLC‘s recent venture into the leisure sector, the acquisition of Confifi Hotels Holdings PLC in the ‘golden mile‘ of Southern Sri Lanka, Mr. Jayawardena was appointed as Chairman of LOLC Leisure Ltd. 

He has varied experience in the fields of Banking, Audit, Relationship Management, Corporate Finance, Corporate Banking, Investment Banking and Treasury Management. Mr. Jayawardena was appointed as the Chairman of the Sri Lanka Banks’ Association (SLBA) in 2003/04 and served as President of the American Chamber of Commerce in Sri Lanka in 2006/2007. He served as a Director of Lanka Clear, National Institute of Business Management (NIBM) and The Institute of Bankers (IBSL). 

Mr. Jayawardena was appointed to the Financial Sector Reforms Committee (FSRC) by the Prime Minister and is a member of the Finance Sector and Capital markets cluster of the National Council of Economic Development (NCED). He was a key member of the inaugural sovereign rating team and sovereign debt for Sri Lanka appointed by the Governor of the Central Bank. 

He was presented with the prestigious Combined Support Group Award by the US Navy for services rendered after the Tsunami in 2005. Mr. Jayawardena has over 27 years’ experience in all areas of banking, out of which nine years was in the capacity of CEO/Country Head CitiBank Sri Lanka and the Maldives. He was the first Sri Lankan to be appointed as a senior credit officer (SCO) by CitiBank in Sri Lanka. During his leadership, CitiBank in Sri Lanka was rated AAA by Fitch Ratings in Sri Lanka. CitiBank Sri Lanka was the first foreign Bank to obtain an AAA rating. 

Mr. Jayawardena is the Chairman of LOLC Insurance Company Ltd., LOLC Securities Ltd. and LOLC Motors Ltd. With LOLC‘s recent venture into the leisure sector, the acquisition of Confifi Hotels Holdings PLC in the ‘golden mile‘ of Southern Sri Lanka, Mr. Jayawardena was appointed as Chairman of LOLC Leisure Ltd. 

Mr. Ishara Nanayakkara – Deputy Chairman
Mr. I C Nanayakkara is Alternate Director to Mrs K U Amarasinghe

Mr. Ishara Nanayakkara was appointed to the Board of Directors of the Company in November 2002 and is instrumental in all investment strategies adopted by the LOLC Group, leading the Group towards diversification and risk mitigation. His business philosophy based on sustainable development has made LOLC enter into many new business ventures with high potential for growth in all three spheres - namely, economic, social and environmental. 

Mr. Nanayakkara holds a Diploma in Business Accounting from Australia and is a Director of Ishara Traders Group. He serves as the Deputy Chairman on the Board of LOLC and on that of most of its subsidiaries and associate companies, including Commercial Leasing Company. 

Mr. Nanayakkara is a Shareholder/Direction of Taprobane Holdings (Pvt) Ltd., a fund management firm involved in stock broking, treasury management and venture capital activities in finance, real estate, energy and leisure sectors. 

Mr. Nanayakkara is also a Director of the Browns Group of Companies, a Conglomerate with  leading market position in trade, leisure and manufacturing. 

With experience in the SME sector and going further into the micro sector, he is a Director of the companies he spearheads - LOLC Micro Credit Company Ltd. and PRASAC - the largest microfinance Company in Cambodia. 

In line with his focus on sustainable forestry and plantations, Mr. Nanayakkara is also a Director of Maturata and Pussellawa Plantations and Gal Oya Plantations, the first Public - Private Partnership for sugar production with the Government of Sri Lanka.

With the strategic investment in Seylan Bank PLC by both LOLC and Browns Group, Mr. Nanayakkara was appointed to the Board of Directors of the Bank. 

With LOLC's most recent venture into the leisure sector, the acquisition of the Cofifi Hotel Holdings PLC in the precious “golden mile' of southern Sri Lanka, MR. Nanayakkara was appointed as Chairman of the Confifi Group of 7th June 2010, which comprises of Eden Resort and Spa, Riverina Hotel and Club Palm Garden.

Mrs. Kalsha Amarasinghe - Executive Director
Mrs. K U Amarasinghe is the Alternate Director to Mr I C Nanayakkara

Mrs. Kalsha Amarasinghe was appointed to the Board of Directors of the Company in March 2003. She holds an Honours Degree in Economics. She serves on the Board of all the LOLC Group of Companies including the Commercial Leasing Group. She also serves as a Director on the Boards of Ishara Traders (Pvt) Ltd. With the acquisition of Confifi Hotels Holdings PLC, Mrs. Amarasinghe was appointed as a Director of the Confifi Group.

Dr. Harsha Cabral, PC – Non-Executive Independent Director
Dr. L J S H Cabral is Alternate Director to Justice R K S Suresh Chandra

Dr. Harsha Cabral was appointed as an Independent Director to the Board in January 2011. He is a President's Counsel and holds a PhD in Corporate Law (University of Canberra) Australia. Dr. Cabral is a Senior Counsel in Corporate Law with 23 years of experience, specialising in Company Law, Intellectual Property Law, Commercial Law, International Trade Law & Commercial Arbitration. 

He serves as a Commissioner, Law Commission of Sri Lanka. He is a Member of the Advisory Commission in Company Law, Sri Lanka (Key member in drafting the new Companies Act No.07 of 2007) National Council for Economic Development (NCED) – Legal Cluster Sri Lanka, Ministerial Committee appointed to reform the Law of Commercial Arbitration. He is a member of the Board of Studies – the Council of Legal Education in Sri Lanka, Institute of Chartered Accountants of Sri Lanka and the Corporate Governance Committee – 2010 of the Institute of Chartered Accountants of Sri Lanka. 

He is currently serving on the boards of Diesel & Motor Engineering PLC (DIMO), Union Bank of Colombo PLC, Richard Pieris & CO. Distributors Ltd., Tokyo Cement Company (Lanka) PLC, Tokyo Super Cement CO. (Pvt) Ltd., Fuji Cement Co. (Lanka) Ltd and Hayleys PLC.

Dr. Cabral is the Course Director of University of Wales – IALS-LLM Programme, a lecturer and examiner of University of Wales-UK, University of Colombo & Sri Lanka Law College, Council member/faculty member of Institute for the Development of Commercial Law & Practice, a lecturer and examiner, Post Graduate Diploma in Advanced Corporate Law, Institute of Advanced Legal Studies, Sri Lanka Law College and Vice President of Business Recovery and Insolvency Practitioners Associations of Sri Lanka.

He is the author of several books of Company Law and Intellectual Property Law.

Mr. Brindley de Zylva - Managing Director / CEO

Mr. Brindley de Zylva was appointed to the Board as its Managing Director and Chief Executive Office in April 2003. He was admitted as a Fellow of the Sri Lanka Institute of Credit Management in 2011, a Member of the Institute of Business Administration in 192 and an Associate of the Association of Cost and Executive Accountants and the British Institute of Management in 1983. 

Mr. de Zylva was elected to the Council of Management of the Finance Houses Association of Sri Lanka in 2005 and is currently serving as one of its Vice Chairmen. He was also elected to the Council of Management of the Sri Lanka Institute of Credit Management in 2010 and is now its Honorary Secretary. 

He has been engaged in the Non-Banking Financial Services Sector during the past 27 years and has served in both Registered Finance Companies and Finance Leasing Establishments in which he has held managerial positions in Marketing and Sales, Credit and Recovery Management and Finance of which 5 years was in General Managerial Positions, prior to joining the Company in 2003. 

The other Boards he serves in an honorary capacity are the Finance Houses Association of Sri Lanka, Financial Ombudsman Sri Lanka Limited, Navajeevana Rehabilitation - Tangalle and the Sri Lanka Institute of Credit Management, which is a body incorporated by Act of Parliament. 

Mrs D P Pieris

Mrs. Priyanthi Pieris is an Attorney-at-Law of the Supreme Court of Sri Lanka and has over 33 years experience in Corporate and Financial Law. Mrs. Pieris is also a Solicitor of England & Wales. She is currently in Private Practice.

Mrs. Pieris served on the Boards of Forbes & Walker Ltd., Forbes Ceylon Ltd., Forbes Stock Brokers Ltd, Forbes Air Services Ltd. (general sales agent for Emirates), Vanik Corporate Services Ltd., Office Network (Pvt) Ltd., Capital Reach (Holdings) Ltd. and Associated Motorway Ltd.

Mrs Pieris currently serves on the Boards of Associated Electrical Corporation Ltd, Abans Electricals PLC, Asia Asset Finance PLC, Lanka ORIX Finance PLC, PW Corporate Secretarial (Pvt) Ltd., Asian Centre for Lease Education (Pvt) Ltd., MTN Corporate Consultants (Pvt) Ltd., Sithijaya Fund (Pvt) Ltd and as an Alternate Director on the Board of Asia Capital PLC.

Mrs Pieris served as the legal Adviser to the Ministry of Finance from 2002 – 2004 and as Legal Consultant to the Colombo Stock Exchange from 2004 – 2011.

Mrs. Pieris is also a member of the Committees set up by the SEC to recommend amendments to the Takeovers & Mergers Code1995 (as amended) and the Rule for Corporate Governance.

 

 

Justice R K S Suresh Chandra

Justice Suresh Chandra was appointed a Non-Executive Independent Director in July 2012 to the Board of LOFC. He was admitted to the Bar as an Advocate in 1972 after having obtained a Bachelor of Laws (LL.B.) Degree from the University of Colombo. He obtained his Master of Laws (LL.M.) Degree from the University of Colombo.

He was a practitioner at the Private Bar from 1972 to 2008 and was a Consultant to several leading Banks Private and Public Institutions. He served as a Member of the Panel of Arbitrators of the National Arbitration Centre.
He was also a Visiting Lecturer, course Director and Examiner of the Faculty of Graduate Studies of the Colombo University, at the Open University of Sri Lanka, Moratuwa University and the Sri Lanka Law College. He was the Senior Consulting Editor of the Colombo Appellate Law Reports.
He was a Consultant to the World Bank on the Land Titling Project in Sri Lanka, a Consultant to USAID projects and was instrumental in structuring the Coir Council, the Ceramics Council and the Spice Council.  He also served as a Legal Consultant to the Tea Sourcing Partnership of London. He was the Senior Legal Consultant to the Southern Development Authority and the Board of Investments on Industrial Relations. He was a member of the National Labour Advisory Council of Sri Lanka and a member of the Labour Law Reforms Committee.
 
He served as the Deputy Permanent Representative of Sri Lanka to United Nations in New York in 2009. He was appointed as a Judge of the Supreme Court of Sri Lanka in June 2010 and retired from that position in July 2012. He is still serving as a Judge of the Supreme Court in Fiji since his appointment in Fiji in 2011. He has been a Resource Person for the International Labour Organization, the International Organization for Migration, the Judges Training Institute of Sri Lanka and the Bar Association of Sri Lanka. 

He was a practitioner at the Private Bar from 1972 to 2008 and was a consultant to several leading banks, private and public institutions. He served as a Member of the Panel of Arbitrators of the National Arbitration Centre.

He was also a Visiting Lecturer, course director and examiner of the Faculty of Graduate Studies of the Colombo University, at the Open University of Sri Lanka, Moratuwa University and the Sri Lanka Law College. He was the Senior Consulting Editor of the Colombo Appellate Law Reports.

He was a consultant to the World Bank on the Land Titling Project in Sri Lanka, a consultant to USAID projects and was instrumental in structuring the Coir Council, the Ceramics Council and the Spice Council.  He also served as a legal consultant to the Tea Sourcing Partnership of London. He was the senior legal consultant to the Southern Development Authority and the Board of Investments on Industrial Relations. He was a member of the National Labour Advisory Council of Sri Lanka and a member of the Labour Law Reforms Committee.

He served as the Deputy Permanent Representative of Sri Lanka to United Nations in New York in 2009. He was appointed as a Judge of the Supreme Court of Sri Lanka in June 2010 and retired from that position in July 2012. He still serves as a Judge of the Supreme Court in Fiji since his appointment in Fiji in 2011. He has been a Resource Person for the International Labour Organization, the International Organization for Migration, the Judges Training Institute of Sri Lanka and the Bar Association of Sri Lanka. 

 

 

Miss. C.S. Emmanuel - Company Secretary

Miss. Chrishanthi Emmanuel is a Fellow of the Institute of Chartered Secretaries and Administrators - UK and a Fellow of the Institute of Chartered Corporate Secretaries (Sri Lanka). She is Company Secretary of most subsidiaries within the LOLC Group. She also served for many years as the Secretary to the Leasing Association of Sri Lanka.

CONTACT
General Enquiries:
Phone : +94 11 588 0880
Fax : +94 11 286 5606
Email : lofin@lankaorix.com
Address : 100/1, Sri Jayawardenapura Mawatha, Rajagiriya, Sri Lanka.