People’s Leasing & Finance PLC, Sri Lanka’s leading non-bank financial services institution and a subsidiary of People’s Bank, has appointed Mr Sanjeewa Bandaranayake as its new CEO and GM, effective from August 6, 2024, with approval from the Central Bank of Sri Lanka.

Mr. Bandaranayake, with over 36 years of experience, including 31 years in the Non-Banking Financial Institution (NBFI) sector, has been with People’s Leasing & Finance since 2007, serving as the Deputy General Manager of Finance and Administration. His leadership has driven strategic functions across Finance, Treasury, Administration, HR, IT, Credit, and Marketing, contributing to the company’s market leadership in the NBFI sector for 15 consecutive years.

Mr. Bandaranayake is a Fellow of the Institute of Chartered Accountants of Sri Lanka, the Institute of Certified Management Accountants of Australia, and the Society of Certified Management Accountants of Sri Lanka. He is also a finalist of the Chartered Institute of Management Accountants (UK). The Central Bank of Sri Lanka recognized his expertise, appointing him as acting CEO to restructure distressed finance companies in 2009, 2013, and 2015. He has served as a Director of the Credit Information Bureau (CRIB) for over a decade and held leadership roles in the Leasing Association and the Finance House Association.

His appointment is expected to bolster People’s Leasing & Finance’s leadership and drive future growth, reinforcing its commitment to excellence in financial services.

People’s Leasing & Finance PLC is a leading licensed non-banking financial institution in Sri Lanka, known for innovation and tailored financial solutions. As a subsidiary of People’s Bank, it remains a trusted provider of financial services, fostering growth and prosperity for the people of Sri Lanka.