Associated Motor Finance Company PLC
Board of Directors
Mr. Suren Goonewardene
Chairman – Independent Non-Executive Director
Mr. Suren Goonewardene has over three decades worth of rich domain experience spanning across multiple industries from Telecom to Information Communication Technology and has an exceptionally strong track record of transforming organizations and leading business into successes in each of his roles.
He holds a bachelor’s degree in Business Accounting from Monash University, Australia, a Fellow Member and holder of the Graduate Diploma in Marketing from the Chartered lnstitute of Marketing, UK., and Certified Management Accountants of Sri Lanka. He is a Member of the Certified Practicing Accountants, Australia.
He is the Managing Director of Lankem Ceylon PLC, a well-diversified conglomerate. He also serves on numerous Boards of Private and Public Companies which include First Guardian Equities (Pvt) Ltd, Guardian Insurance Brokers (Pvt) Ltd., Acme Printing and Packaging PLC, SunAgro Life Science Ltd, JF Packaging Limited, Kiffs (Private) Limited, Alliance Five (Private) Limited, Acme Printing Solutions Limited, JF Ventures Limited and Lankem Minerals Ltd.
He has functioned in the capacity of Chairman and Managing Director, Bharti Airtel Lanka Limited, Chief Operating Officer, Dialog Television and Fixed Line Services, Group Managing Director, Lanka Bell Limited and has also served on the Boards of Ceylon Shipping Corporation and Civil Aviation Authority of Sri Lanka. He was a Council Member of the Employers’ Federation of Ceylon and a former Vice President of the Indian Chamber of Commerce in Sri Lanka.
Mr. Goonewardene’s experience spans across multiple industries and possesses expertise in the fields of Telecommunication, Information Technology, Strategic Planning, Organizational Restructuring, Investment/Credit Management, Finance, Marketing & Sales, General Management and Business Consultancy.
Mr. Goonewardene was appointed to the Board of Arpico Finance Company PLC as an Independent Non-Executive Director in August 2019 and functioned as the Chairman of the Audit Committee. After the amalgamation of both entities, he was appointed to the Board of Associated Motor Finance Co PLC in April 2021 and served as the Chairman of the Integrated Risk Management Committee.
Subsequently, he was appointed as the Chairman of the company with effect from 20th November 2024.
Mr. J.P.I.Nalatha Dayawansa
Deputy Chairman / Executive Director
(Operations & Recoveries)
Mr. T.M.A. Sallay
Executive Director / Chief Executive Officer
Mr. Sallay is a financial professional with over 38 years of extensive and diverse work experience in the fields of Finance, Auditing, Marketing, Credit & Recoveries, Project Management and Event Management. He has held many positions, both strategic and operational, in many organizations and has wide exposures in diverse sectors such as Finance, Hospitality, Healthcare, International Event Organization, Communications and Trading and Manufacturing.
His past work experience has seen him focus on his core strengths in the realm of finance, through over 28 years of service with several established financial institutions.
He is a Fellow Member of the Chartered Institute of Management Accountants, UK (FCMA) and Chartered Global Management Accountant (CGMA) and a fully qualified Member of the Institute of Certified Management Accountants of Australia (CMA). He is also a Fellow Member of Chartered Institute of Marketing, UK (FCIM) and a holder of a Master’s in Business Administration from the Asia University of Malaysia.
Mr. Sallay joined Associated Motor Finance Company Ltd., (AMF) in 1997 as the Group Accountant. He was promoted to the post of General Manager in 2003 and to the post of CEO/ General Manager in 2011. He served as an Executive Director of Arpico Finance Company PLC since December 2014 until March 2021.
He was subsequently appointed to the Board of AMF as an Executive Director /Chief Executive Officer in April 2021.
Mr. J.P.I.Shanil Dayawansa
Executive Director – Lending, Deposits & Marketing
Mr. Shanil Dayawansa holds a Degree in Accounting and Management (BA) from the University of Essex, UK and a Master’s Degree in International Business (MA) from the Monash University in Melbourne, Australia. Both these qualifications focus on finance and management of business.
He was appointed as an Executive Director to the Board of Associated Motor Finance Company PLC in September 2009. He provides a youthful perspective to the Board of Associated Motor Finance Company PLC. In addition, he holds directorships at Poltech (Ceylon) Ltd., a public limited company engaged in garment exports and at Imperial Import & Export Company (Pvt) Ltd., a private company engaged in importing and trading of used motor vehicles from the UK.
Mr. Dayawansa was appointed to the Board of Arpico Finance Company PLC in 2014 and he served as the Managing Director from June 2015 until 31st March 2021 prior to the amalgamation with Associated Motor Finance Company PLC.
Mrs. A.S.Dayawansa
Executive Director – Human Resources & Administration
Mrs. A.S. Dayawansa was appointed as an Executive Director to the Board of Associated Motor Finance Company PLC in 1995. In addition to this, she has been holding directorships at Poltech (Ceylon) Ltd., a public limited company engaged in garment exports and at Imperial Import & Export Company (Pvt) Ltd., a private company engaged in importing and trading of used motor vehicles from the UK. She is also the Managing Partner of Ayathi, a dress boutique, which caters exclusively to the high-end market. She has over 25 years of experience in sectors such as Finance, Garments, Imports and Exports.
Mr. Nilanka Pieris
Independent Non Executive Director
Mr Pieris is a Finance Professional with over 30 years of diverse experience in areas of Financial Planning & Control, Financial Auditing, Credit Operations & Management, Business Development & Analysis, Information Technology, Project Management and Logistics Operations.
He is a Fellow Member of the Institute of Bankers (Sri Lanka), Fellow Member of the Sri Lanka Institute of Credit Management, Associate Member of the Chartered Institute of Management Accountants and a Chartered Global Management Accountant, Member of the Sri Lanka Institute of Directors and Chartered Member of the Chartered Institute of Logistics and Transport
Having commenced his banking career with Seylan Bank he was subsequently appointed to the Board of Arpico Finance Company PLC as an Independent Non Executive Director in January 2012 and appointed as a Senior Director in 2019 until January 2021. He served as the Chairman of the Audit Committee, Integrated Risk and Related Party Transactions Committees. He also functioned as an Independent Non Executive Director of People’s Bank where he served as the Chairman of the Audit, Risk, IT Committees and was a member of the Credit Committee.
He was appointed to the Board of Associated Motor Finance Company PLC in April 2021. He heads the IT Steering Committee of the Company, serves as the Chairman of the Integrated Risk Management Committee in addition to serving as a member of the Board Audit Committee, Related Party Transaction committee, Nomination Committee and Remuneration Committee.
In addition to his appointments in the Banking and Non-Banking Financial sector he is the Managing Director of Gensoft (Pvt) Ltd which is the largest software development company for the logistics industry in Sri Lanka and also serves as a Director of Gensoft Pte Ltd which is a company incorporated in Singapore.
From an educational perspective he is a visiting lecturer at the University of Kelaniya. In a Honorary Capacity he serves on the Governing Council of the Sri Lanka Institute of Credit Management, as the Treasurer of the Singhalese Sport Club and as a Member of the Technology and Innovation Committee of the Sri Lanka Institute of Directors.
Mr. Tauchira Gooneratne Kandamby
Independent Non-Executive Director
Mr. Kandamby counts 37 years of professional experience in management & consultancy in the fields of accounting, auditing, corporate management, finance, tax and has extensive exposure to a wide range of enterprises relating to construction, engineering, services, trading, agriculture, energy, information technology, entertainment etc.
He is a Fellow member of the Institute of Chartered Accountants of Sri Lanka and Certified Management Accountants of Sri Lanka. He also holds a Post-graduate Executive Diploma in Bank Management from the Institute of Bankers Sri Lanka.
Mr. Kandamby was appointed to the Board of Associated Motor Finance Company PLC on 23rd April 2020. He serves as the Chairman of Audit, Remuneration & Nomination Committees of the Company.
He has functioned as Chief Executive Officer/General Manager of Nanda Investments & Finance PLC and also held senior management positions as Accountant abroad and presently serves as Director of private companies & practice in the name of T G Kandamby & Company.
Mr. Ranil Wijegunawardane
Independent Non-Executive Director
Mr. Wijegunawardane counts over 30 years of professional experience in Financial & Management accounting, Taxation, Auditing, Administration, Procurement, Information Technology, Systems implementations and General & Corporate Management in leading listed Companies as well as other Institutions.
He is a Fellow member of the Institute of Chartered Accountants of Sri Lanka. He also has a Post-graduate Diploma in Management awarded by the University of Sri Jayewardenepura and a Diploma in Treasury Investment & Risk Management awarded by the Institute of Bankers in Sri Lanka.
Mr. R. Wijegunawardane was appointed to the Board of Associated Motor Finance Company PLC on 18th May 2020. He serves as the Chairman of the Related Party Transaction Committee.
He has functioned as the Managing Director /Chief Executive Officer of Colombo Dockyard PLC and previously held the position of Chief Finance Officer at the said company. He has served at several leading Companies in Sri Lanka and overseas in the capacity of Director, CEO, CFO and General Manager.
