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June 30, 2015 10:30 AM ET

Consumer Finance

Company Overview of People's Leasing & Finance PLC

Company Overview

People’s Leasing & Finance PLC provides finance lease, hire purchases, term loan facilities, and public deposits to individuals, SMEs, and blue chip companies primarily in Sri Lanka. The company operates through Lease and Hire-Purchase, Loans, Islamic, Insurance, and Other segments. It provides deposits products, such as super, senior citizen, Dhana Surakum, minor, and micro savings; fixed deposits; promissory notes; and commercial papers. The company’s loans and leasing products comprise finance and operating leases, and hire purchases; mortgage, pledge, motor, loans against deposits, term, personal, and refinance loans; and letters of guarantee. It also provides Islamic finance products, s...

No. 1161, Maradana Road

Borella

Colombo,  08

Sri Lanka

Founded in 1995

1,466 Employees

Phone:

94 11 2631631

Fax:

94 11 2631980

Key Executives for People's Leasing & Finance PLC

People's Leasing & Finance PLC does not have any Key Executives recorded.

People's Leasing & Finance PLC Key Developments

People's Leasing & Finance plc Appoints Rathnayake Mudiyanselage Jayasena as Non Executive Independent Director

People's Leasing & Finance PLC appointed Mr. Rathnayake Mudiyanselage Jayasena as a non executive independent director with effect from May 7, 2015.

People's Leasing and Finance PLC Appoints Rizwan Anise as Non-Executive Independent Director

Minister of Finance Ravi Karunanayake has appointed Rizwan Anise as a Non-Executive, Independent Director to People's Leasing and Finance PLC Board effective from March 2015. Rizwan Anise, Chief Operating Officer of DCS International (Pvt) Ltd., is an accomplished senior management professional with over 18 years of experience in the field of Management and in particular Sales and Marketing in industries of IT, Pharmaceuticals, BPO, Apparel, Consumer Electronics, Shipping, Education and Mother & Baby Care.

People's Leasing & Finance PLC Announces Executive Changes

People's Leasing & Finance PLC announced the appointment of Mr. Hemasiri Fernando as the Non-Executive, Non-independent Chairman, Mr. Michael Pradeep Amirthanayagam as the Non-Executive, Independent Deputy Chairman, Mr. Jehan Prasanna Amaratunga as a Non-Executive, Non-independent Director, Mr. Johnson Anthony Fernando as a Non-Executive, Independent Director and Mr. Mohamed Anise Mohamed Rizwan as a Non-Executive, Independent Director of the company. The company announced the resignation of Mr. Gamini Sedara Senarath, Mr. Piyadasa Kudabalage, Mr. Heyara Hewage Anura Chandrasiri, Mr. Sidath Sri Vidanage Fernando and Mr. Kuttikande Vidanelage Nihal Jayawardene, PC as directors of the company. Possessing diverse experience in varied genres, Mr. Fernando's debut into the public sector was as Secretary to the Prime Minister, He later chaired Sri Lanka Telecom, Airport and Aviation Services and Telecom Services and has served as Secretary to the Ministry of Postal Services among other postings. Mr. Pradeep Amirthanayagam is a reputed advertising and media personality in Sri Lanka counting over 30 years of experience in the advertising field. He is currently the Chairman and Managing Director of the leading advertising agency Holmes Pollard & Stott, which he was instrumental in setting up 25 years ago. Mr. Amirthanayagam is also a media icon. He presented the news on TV and radio (Rupavahinie, ITN and SLBC), and was also an interviewer and cricket commentator. Mr. Amirthanayagam is also the Vice President of SUROL (Society for the Uplift and Rehabilitation of Leprosy Affected Persons) and a Director of the Anura Bandaranaike Foundation. Mr. Jehan Amaratunga is the Group Executive Deputy Chairman of MTD Walkers PLC Sri Lanka and also serves as a Director of People's Bank, People's Merchant Finance PLC and JAT Holdings (Pvt) Ltd. Being one of the founder-directors and co-owners of Expo Industrial Products (Pvt) Ltd., established in 1992, Mr. Johnson Fernando is a veteran and widely travelled business professional counting over 25 years' experience in senior management positions with the Expo Industrial Group which has diversified interests including in Apparel, Food Packaging, Industrial Printing, Commercial Printing, Logistics Management, Engineering and Construction. He presently serves as the President of the Sri Lanka Association of Printers, the APEX body of printers in Sri Lanka, Vice President of the Sri Lanka China Business Council Cooperation and an advisory Board Member of the Benedict XVI Cultural Institute. Mr. Rizwan Anise, Chief Operating Officer of DCS International (Pvt) Ltd., is an accomplished senior marketing professional with over 18 years of experience in the field of Management and in particular Sales and Marketing in industries of IT, Pharmaceuticals, BPO, Apparel, Consumer Electronics.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 16, 2014
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