Saturday May 30, 2026
Saturday May 30, 2026
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David Pieris Group Chairman and Managing Director Rohana Dissanayake (right) and People’s Leasing CEO Sanjeewa Banadaranayake exchanging the agreement. DPA Director Mahesh Gunathilake, Director Dhanika de Silva, DPMC Director Samantha Silva, DPA General Manager – Sales and Marketing Yasantha Abeykoone, Divisional Manager – Sales and Marketing Prasanna Yogaratne, People’s Leasing COO Udesh Gunawardena, Assistant General Manager - Products and Margin Trading Nishantha Perera, Head of Branding and Communication Chaminda Dharmaratne, and Head of Leasing Sirikumara Pathirage are also present
David Pieris Automobiles Ltd. and People’s Leasing and Finance PLC recently formalised a strategic partnership through the signing of a Memorandum of Understanding (MoU), marking a significant milestone in strengthening collaboration between two of Sri Lanka’s most respected and trusted organisations.
The partnership is primarily focused on promoting the GWM and BAIC vehicle range marketed by David Pieris Automobiles, the four wheeler sales arm of the David Pieris Group, combining DPA’s strong automotive portfolio with PLC’s extensive expertise in financial services to deliver enhanced value, accessibility, and convenience to customers across the country.
The signing of the MOU lays the foundation for a long-term strategic relationship built on trust, excellence and a shared vision for sustainable growth. With both entities operating across multiple sectors and maintaining strong market leadership in their respective industries, the partnership is expected to unlock broader opportunities for collaboration in the future.
David Pieris Group is one of Sri Lanka’s leading diversified conglomerates with interests spanning automotive, financial services, logistics, leisure, information technology, renewable energy, shipping and marine services, investment property and real estate. The Group represents globally recognised brands including Bajaj, KTM, GWM and BAIC, while also operating renowned ventures such as Pearl Bay and the Sri Lanka Karting Circuit. The Group also maintains an international presence across Singapore, the Middle East, Africa and South Asia.
Similarly, People’s Leasing and Finance PLC has established itself as a trusted leader in Sri Lanka’s financial services sector, offering a wide range of leasing, lending and financial solutions with extensive customer reach and island-wide presence.
