Mr. Kapila Jayawardena – Chairman

Mr. Kapila Jayawardena counts over thirty years’ experience in Banking, Financial Management and Corporate Management. He joined the Board of LOLC Finance PLC in June 2007 and was later appointed as the Chairman. Mr. Jayawardena was appointed as the Group Managing Director/CEO of Lanka ORIX Leasing Co., PLC in 2007. He was the former CEO/Country Head of Citibank Sri Lanka & Maldives.

Mr. Jayawardena has played a pivotal role in the banking sector contributing to the financial market reforms, development and regularly advising regulators on prudential requirements and has widespread experience in introducing innovative financial service products to the market.

LOLC Group is one of the largest conglomerates in Sri Lanka with presence in diversified industries such as Financial Services, Trading, Manufacturing, Construction, Leisure and Renewable Energy.

As an individual with extensive international and domestic financial experience, Mr. Jayawardena was a key member of the following committees:

  • Chairman Sri Lanka Bank’s Association (SLBA) 2003/2004
  • Member of the Financial Services Reforms Committee (FSRC) 2003/ 2004
  • Director of Lanka Clear and was instrumental in completing the automated clearing project for the Sri Lankan banking industry 2004
  • President of the American Chamber of Commerce Sri Lanka 2006/2007
  • Member of the inaugural Sovereign ratings team for Sri Lanka
  • Member of the National Council of Economic Development (NCED)
  • Board Member of the United States - Sri Lanka Fulbright Commission

Presently, Mr. Jayawardena holds Chairmanship/directorship in the following companies:

  • Lanka ORIX Leasing Company PLC - Group Managing Director/CEO
  • LOLC Finance PLC - Chairman
  • LOLC Securities Limited - Chairman
  • Eden Hotels Lanka PLC - Chairman
  • Palm Garden Hotels PLC - Chairman
  • LOLC General Insurance Ltd - Chairman
  • LOLC Micro Credit Ltd - Director 
  • Commercial Leasing & Finance PLC - Director
  • Brown & Co., PLC - Director
  • Browns Investments PLC - Director
  • Seylan Bank PLC - Director
  • BRAC Lanka Finance PLC - Director
  • Riverina Resorts (Pvt) Ltd - Director
  • FLC Holdings PLC - Director
  • Pussellawa Plantations Limited - Director
  • FLC Hydro Power PLC - Director
  • FLMC Plantations ( Pvt) Ltd - Director


  • Master of Business Administration, American University of Asia
  • Fellow of the Institute of Bankers, Sri Lanka
  • Associate of the Institute of Cost and Executive Accountants, London

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

Mr. Ishara Nanayakkara is an astute businessman who holds directorial positions in many corporates and conglomerates in Sri Lanka. He joined the Board of LOLC Finance PLC in November 2002 and was later appointed as the Deputy Chairman.

He joined the Board of Lanka ORIX Leasing Company PLC in January 2002. He chairs the Board of Commercial Leasing & Finance PLC, LOLC Micro Credit Limited and BRAC Lanka Finance PLC backed by the professional expertise in the industry for over a decade. He also serves on the Board of PRASAC Micro Finance Institution, Cambodia’s largest Micro Finance Institution. His expertise in micro finance in the region is evident in the recent investment in Thaneakea Phum Cambodia Ltd (TPC Micro Finance) the 5th largest microfinance company in Cambodia along with the green field operations in Myanmar via Myanmar Micro Finance Company Ltd in which he is the founding Chairman.

Mr. Nanayakkara is the Deputy Chairman of Seylan Bank PLC, a premier commercial bank in the country. His exposure in general and life insurance through LOLC's Insurance arms, stock brokering through LOLC Securities Ltd, factoring through LOLC Factors Ltd, micro financing and Islamic finance, manifests his vision of catering the entire value chain of the finance sector.

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 economic, social and environment.

He serves the Board of Sierra Constructions Ltd, Agstar Fertilizers PLC, Lanka Century Investment PLC and Associated Battery Manufacturers (Cey) Ltd in line with the Group’s vision to expand into strategic investments in agriculture & plantation, trading & manufacturing, leisure and construction.

His need to diversify LOLC group into a key conglomerate that operates in the growth sectors of the economy is further reflected through the vital role played by him in Brown & Company PLC and Browns Investments PLC as the Executive Chairman. Browns Group is a renowned conglomerate with leading market position in trade, leisure, manufacturing, consumer appliances and agriculture equipment.

Mr. Nanayakkara was appointed as the Chairman of FLC Holdings PLC, FLC Hydro Power PLC, and a Director in Pussellawa Plantations Ltd, Ceylon Estate Teas (Pvt) Ltd and FLMC Plantations (Pvt) Ltd subsequent to the recent acquisition.

He holds a diploma in Business Accounting from Australia.

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 in August 2002. She holds an Honours Degree in Economics. She serves on the Boards of LOLC Finance PLC, LOLC Micro Credit Ltd, LOLC Life Assurance Limited, United Dendro Energy (Pvt) Ltd, Palm Garden Hotels PLC, Eden Hotel Lanka PLC and Riverina Resorts (Pvt) Ltd.

She also serves as a Director on the Boards of Commercial Leasing & Finance PLC, Brown & Company PLC, Browns Investments PLC, FLC Holdings PLC, FLC Hydro Power PLC, Melfort Green Teas (Pvt) Ltd and Pussellawa Plantations Ltd.

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 to the Board as an Independent Non Executive Director 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 28 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), member of the Ministerial Committee appointed to reform the Law on Commercial Arbitration. He is a Council member of the University of Colombo, member of the Council of Legal Education in Sri Lanka, member of the Academic Board of Studies of the Institute of Chartered Accountants of Sri Lanka and a member of the Corporate Governance Committee of the Institute of Chartered Accountants of Sri Lanka.

He is currently serving on the Boards of Diesel & Motor Engineering PLC (DIMO), Richard Pieris & Co. Distributors Ltd., Tokyo Cement Company (Lanka) PLC, Tokyo Super Cement Co (Private) Ltd., Tokyo Cement Power (Lanka) Ltd, Hayleys PLC. Hambana, Petrochemicals Ltd, Commercial Leasing & Finance PLC, Tokyo Eastern Cement Company Ltd, Browns Investments PLC, Just in Time Consultancy (Pvt ) Ltd, Imperial Institute of Higher Education (Pvt) Ltd and Alumex PLC. He is the Chairman of Tokyo Cement Group.

Dr Cabral is a lecturer and examiner of the University of Colombo, Council member/faculty member of Institute for the Development of Commercial Law & Practice, and the Vice President of Business Recovery & Insolvency Practitioners Association of Sri Lanka.

He is the author of several books on Company Law & Intellectual Property Law

Mrs D P Pieris

Mrs. Priyanthi Pieris was appointed to the Board as an Independent Non-Executive Director in June 2012.

She is an Attorney-at-Law of the Supreme Court of Sri Lanka and has over 35 years of 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 Motorways Ltd.

Mrs. Pieris currently serves on the Boards of Associated Electrical Corporation Ltd, Abans Electricals PLC, Asia Asset Finance PLC, PW Corporate Secretarial (Pvt) Ltd., Asian Centre for Lease Education (Pvt) Ltd., MTN Corporate Consultants (Pvt) Ltd., Sithijaya Fund (Pvt) Ltd.

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 to the Board as a NonExecutive Independent Director in July 2012.

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 Law (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 serving as a Judge of the Supreme Court in Fiji since his appointment in Fiji in 2011 and as the Resident Judge of Appeals since 2012.

He has been a Resource Person for the International Labour Organisation, the International Organisation for Migration, the Judges Training Institute of Sri Lanka and the Bar Association of Sri Lanka.

Mr. Ashan Nissanka - Director/CEO of LOLC Finance PLC

MBA, CIM (UK), MSLIM, Practicing Marketer (SL) 

Joined in 1998. Counts over 22 years of experience in Financial Services Sector with wide cross disciplinary exposure in Banking, Credit management, Marketing and Channel Development. Has responsibility for Strategic Marketing Planning, Development and Management of the Retail Channels for LOLC Finance PLC, Lanka Orix Micro Credit and LOLC Insurance.

He was appointed Director/CEO of LOLC Finance PLC effective from 15th October 2015.

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.

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