Senkadagala Finance Company Limited has appointed S K Wickremasinghe as the Chairman of the company from April 1, 2008.

He was the Chairman and CEO of Chemical Industries (Colombo) Ltd, as well as the Chairman of Commercial Bank of Ceylon and a number of leading companies in Sri Lanka. These include Ceylon Tobacco Company Ltd, CTC Eagle Insurance Company Limited, Chemanex Ltd, Hayley’s Jetwing Ltd, Lighthouse Hotels Ltd and Coates (Lanka) Ltd.

Wickramasinghe, who was Sri Lanka’s High Commissioner in London from 1995 to 1999, was appointed Chairman of the National Development Bank and Sri Lanka Airlines on his return to Sri Lanka. He also served as a member of several Government bodies including the Securities and Exchange Commission and the National Education Commission.

He takes over from E W Balasuriya, who steps down from the post of Chairman of the company with effect from April 1, 2008. Balasuriya has been Chairman of the company for over 30 years.

In the course of the last four decades, Senkadagala Finance Company has made a clear and indelible footprint on the financial landscape of Sri Lanka, propelling the success and prosperity of its clients, the company itself and the country. Its vision is to be a leading financial institution in Sri Lanka that delivers high quality service and achieves excellence in all spheres of activity as well as being socially conscious. The company also provides a wide range of diversified financial services to selected sectors of the economy as well as acquiring a portfolio of loanable funds that yields a healthy profit to its shareholders. It also safeguards the interest of its depositors and other providers of funds.

A Registered Finance Company (RFC), its portfolio consists of hire purchase, lease assets and advances to its customers. As a service organisation, SFC places emphasis on developing human resources through capacity, capacity utilisation and productivity. The company has created an environment that motivates people to be committed, efficient, creative and effective. The performance appraisal and remuneration policy recognises the achievements of its employees. The company as part of its business philosophy aspires to be the benchmark in financial services marketing, affirming its mutual obligation and responsibilities towards all stakeholders at all times, recognising and rewarding associates for their efforts and working within a regulatory framework of legislation governing the business.