HNB FINANCE PLC announces appointment of new Board Member, Mr. Lalith Withana

HNB FINANCE PLC (HNBF) recently announced the appointment of Mr. Lalith Withana to the company’s Board of Directors as an Independent, Non-Executive Director, effective from 10th of September 2021.

Mr. Lalith Withana has held management positions in the corporate sector for over 25 years, during which he had held senior management positions in Banking, Manufacturing and Trading for more than 25 years. He has worked with many organizations such as Brandix Group, Ernst and Young, Amsterdam Rotterdam (Amro) Bank, IBM World Trade, Corporation and Carson Cumberbatch, Ceylon Tea Services Limited and Yamaha Corporation in (USA).

Mr. Withana served as the Group Chief Finance and Administrative Officer for SriLankan Airline and later as the Chief Executive Officer in its subsidiary SriLankan Catering till very recently. He is currently serving as the Founder and Managing Director of Agility Consulting Services (Pvt.) Ltd and as a Board Director of Laugfs Gas PLC, Laugfs Maritime Services (Pvt.) Ltd and Softlogic Life Insurance PLC. He is also currently serving on the Board of Acuity Partners (Pvt.) Ltd, and as Vice President of the Project Management Institute, Colombo Chapter, and is also serving on the executive committee of the Sri Lanka National Olympic Committee.

He had previously served as an Independent Director on the Boards of Bank of Ceylon, Dankotuwa Porcelain PLC, Merchant Bank of Sri Lanka PLC, Ceylease Limited and Seylan Bank. Mr. Withana had also been a Commissioner of the Telecommunication Regulatory Commission of Sri Lanka (TRCSL).

Mr. Withana holds a Master of Business Administration (MBA) Degree from the University of Sri Jayewardenepura, Colombo and a Bachelor of Arts (BA) Hons. Degree from the University of Manchester Metropolitan, UK. He is a fellow member of the both Chartered Institute of Management Accountants (FCMA), UK, and the Institute of Chartered Accountants of Sri Lanka (FCA). He is also a Project Management Professional at the Project Management Institute (PMI), USA.

HNB FINANCE PLC was established in the year 2000 and is licensed as a registered Finance Company by the Monetary Board of the Central Bank of Sri Lanka. The company holds a National Long-term Rating at ‘A(lka)’; as affirmed by Fitch Ratings. Maintaining an extensive island-wide presence across 60 branches and 10 service Centers, HNB FINANCE offers a range of exceptional financial services which include Small and Medium Enterprise (SME) Loans as well as leasing, gold loans, housing loans, personal loans, savings and fixed deposits facilities.