Central Finance announces new Chairman, two Directors

Tuesday, 29 April 2025 04:04 - - {{hitsCtrl.values.hits}}

Central Finance PLC has announced the appointment of a new Chairman and two directors.

The new Chairman is Non-Executive Director Arjun Rishya Fernando with effect from 1 May following the retirement of Asite Talwatte on reaching the age of seventy (70) years.

The two new Independent Non-Executive Directors are Subhashini Harshi Munasinghe from 1 May and Dr. Nisha Kanthimathie Arunatilake De Silva from 1 June.

S.H. Munasinghe is a finance professional with over 16 years of experience that includes more than 10 years within leadership roles driving quality, setting strategic direction, managing overall operations and monitoring budgets.

She presently serves as an Independent Non-Executive Director on the board of directors of Bogawantalawa Tea Estates PLC and a Council Member at the University of Kelaniya. She had previously been the Chief Executive Officer of the Sri Lanka Institute of Directors and Director – Audit and Assurance at PricewaterhouseCoopers, Sri Lanka. Her experience includes working at Deloitte’s London Office, UK as well.

Munasinghe is an Associate Member of the Institute of Chartered Accountants of England and Wales (ICAEW) as well as the Institute of Chartered Accountants of Sri Lanka (ICASL) and she holds a BSc (Hons) in Economics and Accounting from the University of Bristol, UK.

Dr. Arunatilake is a qualified economist with over 20 years of experience performing policy related economic research in the areas of public finance, education, health, employment and labour market policy analysis, both locally and internationally. Dr. Arunatilake is proficient in report writing, project/program evaluation, management, implementation, design and is also experienced in serving on policy committees.

Dr. Arunatilake is presently the Director of Research at the Institute of Policy Studies of Sri Lanka. He further serves on the Board of Trustees of the Dialog Foundation, a Research Fellow at the Partnership for Economic Policy and a Research Associate at CEQ Institute, Tulane University, New Orleans, USA. Dr. Arunatilake holds a Ph.D. in Economics from Duke University, Durham, North Carolina.

The Central Finance also announced the appointment of Independent Non-Executive Director Manjula Hiranya de Silva as Senior Director from 1 May and separately the retirement of Dr. Damitha de Zoysa as an Independent Non-Executive Director from 1 May.

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