Board of Directors

Sharhan Muhseen
Mr. Sharhan Muhseen

Chairman/ Non-Independent
Non-Executive Director

Sarath Jayasuriya
Mr. Sarath Jayasuriya

Senior Director
Independent Non-Executive

Dimuthu Bandara
Mr. Dimuthu Bandara

Independent Non-Executive Director

Hasrath Munasinghe
Mr. Hasrath Munasinghe

Non-Independent
Non-Executive Director

M.P. Dharmasiri
Mr. M.P. Dharmasiri

Non-Independent
Non-Executive Director

Chamilantha Fernando
Mr. Chamilantha Fernando

Non-Independent Executive Director

Sharmini Wickremasekara
Mrs. Sharmini Wickremasekara

Independent Non-executive Director

Oshadi Gunasekara
Mrs. Oshadi Gunasekara

Company Secretary

CBC Finance Ltd. is a Non- Banking Financial Institution (NBFI) in Sri Lanka with the credit rating of BBB+(lka) from Fitch Ratings Lanka Ltd.
The Company has been registered by the Monetary Board of Central Bank of Sri Lanka under the Finance Business Act No. 42 of 2011.

Mr. Sharhan Muhseen

Appointed as a Non-Independent/Non-Executive Director in September 2022 and as the Chairman of CBC Finance Ltd. in March 2023. Appointed as the Chairman of the Board Information and Technology Committee in October 2022 and as the Chairman of the Board Human Resources and Remuneration Committee in February 2023.

He has been the Deputy Chairman of the Board of Directors of the parent company, Commercial Bank of Ceylon PLC since March 01, 2022, and became the Chairman of the Commercial Bank of Ceylon PLC in April 2024.

Mr Muhseen is a Senior Investment Banker with comprehensive experience in the areas of Mergers and Acquisitions, Corporate Finance and Capital Markets. He has served in a senior capacity working with company Boards and senior leadership teams of financial institutions across Asia to help drive their Strategic Corporate Agenda and Roadmap.

He is credited with some leading research reports, including reports on Banking sector efficiency, currency depreciation and budget deficit in his role as Head of Sri Lanka Banking Sector Research and Lead Economist at Jardine Flemming. Mr Muhseen has started out as a Management Trainee at Standard Chartered Bank in the Corporate Banking Division, and at Rodman and Renshaw stock and commodities broker based in Chicago.

In Mr Muhseen’s Investment Banking career extending over more than 20 years, he has completed landmark mergers and capital-raising transactions in excess of USD 100 Bn. The Asia FIG sectors team at Merrill Lynch and Credit Suisse has won the “FIG Asia House of the Year” awards from the Asset magazine for several years under his leadership. In addition, multiple transactions he led have been awarded as best country deals and best financial sector capital raise transactions.

Mr Muhseen has experiences at the policy level working as a Team Leader at the National Council for Economic Development (NCED) under the Ministry of Finance as well as a Director at the Task Force to Rebuild the Nation (TAFREN), Presidential Task Force for rebuilding the economy after the 2004 Tsunami.

He has previously worked in best-in-class global investment banks, Credit Suisse, Bank of America, Merrill Lynch and J P Morgan in leading regional coverage roles. Mr Muhseen’s most preceding role was as Managing Director, Head of South East Asia Financial Institutions Group and Head of Asia Insurance at Credit Suisse based in Singapore. He was a Director of Merrill Lynch and an Associate Director of Deloitte. He was also a Senior Advisor to TPG and BNP Paribas.

He serves as the Chairman/Director of Platinum Advisors Pte Ltd., a Director of H2O One Pte Ltd., David Pieris Holdings (Pvt) Ltd., Lankan Angel Network, and Gestetner Ceylon PLC. He is the Deputy Chairman of Amana Takaful Life PLC and also an Independent Director of PCCW Limited, Hongkong. He is a Senior Advisor to Great Eastern Holdings Ltd., Singapore.

Mr Muhseen holds a Masters degree in Economics from the University of Colombo and a Bachelor of Business Administration (Hons) from Western Michigan University. He has completed the Corporate Finance training programme with JP Morgan in New York and undertaken several Programmes in effective board leadership from the Singapore Management University.

Mr. Sarath Jayasuriya​

Appointed to the Board in December 2017, Mr. Jayasuriya is an Independent Non- Executive Director. An Associate Member of the Institute of Bankers of Sri Lanka (AIB), a Fellow Member of the Chartered Institute of Management Accountants (FCMA) (UK), a Member of the Chartered Global Management Accountants (CGMA) (UK) and also a Member of the Chartered Shipbrokers (MICS) (UK). Mr. Jayasuriya holds a Bachelor of Science Degree from the University of Sri Jayewardenepura and counts over 30 years of service in Banking, specialized in Treasury, Investment Banking and International Banking. He retired from the Bank of Ceylon as the Deputy General Manager (International, Treasury & Investment Banking). He has served as a Director on the Boards of Transnational Lanka Records Solutions (Private) Ltd., Ceybank Asset Management Ltd and Property Development Ltd (PDL). He also served as a member of the Assets and Liabilities Management Committee (ALCO), Credit Committee and IT steering Committee, while he was the Chairman of the Investment Committee of the Bank of Ceylon, Bank Pension Fund, Provident Fund and W&OP Fund.

Mr. Dimuthu Bandara​

Appointed to the Board in December 2017, Mr. Bandara is an Independent Non-Executive Director. He is a Senior Attorney at Law having enrolled in the profession in December 1996, and counts over 24 years as a Law Practitioner in the Private Bar. His practise spans over both original and appellate court work. He is a Counsel and a Resource Person in the fields of Criminal Law and Laws relating to Finance Leasing and Hire Purchase. Mr. Bandara holds a Bachelor of Arts Degree from the University of Kelaniya.

Mr. Hasrath Munasinghe

Appointed to the Board in September 2020, Mr. Munasinghe is a Non-Independent, Non-Executive Director. He currently serves as the Deputy General Manager – Marketing of Commercial Bank of Ceylon PLC. He also serves as a Trustee of the Commercial Bank CSR Trust. He oversees the Marketing function, Card business, Digital Banking and Retail Loans and Deposits categories of the Bank.

Mr. Munasinghe possesses over 27 years of experience in Marketing and Sales including 10 years in Banking. He is a recipient of multiple awards the most coveted being one of the “Ten Outstanding Young Persons in Sri Lanka” in 2013. He was listed amongst the “100 Most Talented Global Marketing Leaders” by Chief Marketing Officers, Asia Council in 2014.

Mr. Munasinghe possesses ten academic and professional qualifications including an MSc in IT from the University of Moratuwa and an MBA from the University of Southern Queensland, Australia. He is a Fellow of the Chartered Institute of Marketing (CIM) UK, a Fellow of the Sri Lanka Institute of Marketing (SLIM), Fellow of Chartered Management Institute (CMI) UK, Fellow of the Institute of Bankers (FIB) Sri Lanka and ACMA, CGMA of The Chartered Institute of Management Accountants (CIMA) UK. He currently serves as a Council Member of the Association of Professional Bankers (APB), Sri Lanka.

Mr. M.P. Dharmasiri

Appointed to the Board in September 2022, Mr Dharmasiri is an Associate Member of the Institute of Bankers of Sri Lanka (AIB), a Fellow Member of the Institute of Chartered Accountants of Sri Lanka and a fellow member of the Institute of Certified Management Accountants of Sri Lanka.

In addition, Mr Dharmasiri holds a Master of Science in Management and a Bachelor of Science in Business Administration from the University of Sri Jayewardenepura and a Master of Arts in Financial Economics from the University of Colombo and counts over 34 years of experience in Banking.

Mr Dharmasiri joined the Commercial Bank of Ceylon PLC in March 1990 and currently serves as the Assistant General Manager – Planning, actively participating in the Strategic Planning process of the Commercial Bank. Apart from these, Mr Dharmasiri holds the Company Secretary position of CBC Tech Solutions Ltd., one of our sister companies under the Commercial Bank Group.

Mr. Chamilantha Fernando

Appointed as Managing Director and Chief Executive Officer of CBCF in October 2023. Mr Fernando has a stellar track record spanning over two decades in the banking and finance industry.

As the current dynamic leader at the helm of CBC Finance Ltd. he brings a wealth of experience and expertise to his role. Armed with a Master of Science in Finance from Asia e University and a Bachelor of Commerce in Marketing from the University of Western Sydney, Australia, his academic prowess complements his extensive practical knowledge.

Moreover, his commitment to professional development is evident through his certifications, including Certified Practicing Marketer (CPM – Asia Pacific), and Practicing Marketer (SLIM), his associations with the Sri Lankan Institute of Marketing (MSLIM) and the Chartered Institute of Marketing UK. Mr Fernando is also an associate member of Institute of Bankers of Sri Lanka.

Mr Fernando has started out his career in banking at Hong Kong and Shanghai Banking Corporation and then moved to Standard Chartered Bank and then to Nations Trust Bank where he was involved in Sales and Marketing at the time of the launch of American Express Credit cards to the local market. He has later got in to the Sri Lankan finance industry holding senior positions at Softlogic Finance PLC, Merchant Bank and Finance PLC, Orient Finance PLC and finally at Dialog Finance PLC.

Mr Fernando’s career journey continued through various prestigious institutions and positions has honed his strategic vision and business acumen. Notably, his tenure as Head of Business Development and handling the marketing of eZ Cash/ Mobile Money Operations gave him the opportunity to get a thorough understanding and involvement in digitalisation, mobile applications and mobile money.

As a seasoned leader, Mr Fernando has consistently demonstrated his proficiency in steering organisations towards success. His roles as General Manager at Softlogic Finance PLC and Heading Business Development and Marketing at other financial institutions and his overall experience in the industry underscore his adeptness in operational management and driving sustainable growth.

Mrs. Sharmini Wickremasekara

Appointed as an Independent Non-Executive Director in March 2024. Mrs Wickremasekera is an accomplished professional with an illustrious career spanning across a variety of roles. She has exhibited exceptional leadership skills and expertise in the areas of accounting, finance, Internal auditing, IT governance, and Risk Management. She holds globally recognised credentials viz CISA (Certified Information System Auditor) and CRISC (Certified in Risk and Information System Control).

Mrs Wickremasekera began her journey at Ford Rhodes Thornton and Company and joined LOLC in 1983 where she started out as an Accounts Clerk and successively promoted in recognition of her performance. She has played a pivotal role in introducing Standards in Internal Audit, IT Governance, Enterprise Risk Management, Business Continuity Management and fraud prevention for the LOLC Group. She retired as the Chief Risk Officer – LOLC Group, in March 2023.

Mrs Wickremasekera also served as the President of ISACA Sri Lanka Chapter from 2007 to 2009 breaking barriers as the first female president to lead a professional IT association in Sri Lanka. Under her leadership, the Chapter was recognised as the Best Medium-sized Chapter in Asia.

Moreover, she has held honorary positions on the Boards of Sri Lanka Cert from 2007 to 2009 and Infotel ICT Exposition from 2006 to 2009 as an Independent Non-Executive Director, further contributing to the information security landscape. Currently, she serves as an Independent Non-Executive Director at SUNTRUST Insurance Brokers (Pvt) Ltd., and SUNTRUST Digital Innovations, focusing on strategy, accounting and finance.

Mrs Wickremasekera has gained international recognition as a representative and speaker on Risk Management, participating in conferences both locally and overseas. She has contributed her expertise as a presenter, panellist and moderator in seminars and Conferences organised by various professional bodies and Corporates.

Her contributions and achievements had won numerous accolades. Notably, the ISACA SL Chapter was awarded the K Wayne Snipes Award in 2009 for the best medium-sized chapter in Asia, by ISACA (USA) and the Achievement Award for GRC in the USA by the OCEG in 2012 for the GRC standards implemented at LOLC.

Mrs. Oshadi Gunasekara

Appointed as the Company Secretary in September 2020, Mrs. Gunasekara earned her Law Degree from Sri Lanka Law College and she is licensed to practice as an Attorney-at-Law of the Supreme Court of Sri Lanka. While in the Chambers of Dr. Harsha Cabraal, President’s Counsel she became well-versed in Commercial and Intellectual Property law. She joined the Company in 2019 after serving as an Associate for M/s Paul Ratnayeke Associates. Her practice focused on complex Civil Law and White-Collar criminal cases attending to both local and international law suits. Mrs. Gunasekara has also been extending her support and providing guidance to the litigation team in CBC Finance Ltd.