Commercial Credit and Finance PLC announced that Mr. G. B. Egodage, a non-executive/non independent director, is hereby re-designated as the Chairman of the Company and Mr. L. L. S. Wickremasinghe, an Independent director is hereby re-designated as the Senior Director of the Company with effect from 17 November 2022, in compliance with the Finance Companies (structural changes) Direction No. 01 of 2013 and the Finance Business Act (assessment of fitness and propriety of Directors and Officers performing executive functions) Direction No. 06 of 2021.

Bandula Egodage has extensive wide range of experience in the private and government sector organizations at senior management level and board level in Sri Lanka. He currently serves as the Chairman of Asia Pacific Institute of Information Technology (APIIT) Sri Lanka, Vice President of Corporate & Regulatory Affairs for Nestlé Lanka PLC, an Executive Member of SAARC (South Asian Association for Regional Cooperation) Chamber of Commerce and Industry, Director of Sri Lanka Coconut Research Institute, Commercial Credit and Finance PLC, Suwasevana Hospitals and Ceyline Group of Companies, Senior Vice President of Sri Lanka Maldives Business Council, Export Development Board – Advisory Committee on Education, Member of Swiss Business Circle and Member of Institute of Directors (SLID). He is a seasoned professional with over 37 years of experience in the local and international business markets.

As the Vice President - Corporate and Regulatory Affairs of Nestlé Lanka PLC he has exceled his career in Public Affairs, Regulatory Affairs, Sales, Corporate Communications and Crisis Management functions. He is the former Chairman of the Export Development Board of Sri Lanka, Industrial Association of Sri Lanka, National Packaging Center and Development Holdings Pvt Ltd. and former Director of Trade Finance PLC, the National Gem & Jewellery Authority of Sri Lanka and the Sri Lanka Coconut Cultivation Board. He has also headed multiple trade delegations including presidential trade delegations in representation of Sri Lanka and been a regular panellist at international trade forums: Head of the Presidential Trade Delegation to Kenya, Bahrain and Belarus; Member of the Sri Lankan Ministerial Commerce Delegation to Vietnam, China, South Africa, Mozambique, Swaziland and India.

Mr. Lasantha Wickremasinghe, FCA is a fellow member of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) and the Association of Accounting Technicians of Sri Lanka (AAT) and a Past President of the Institute of Chartered Accountants of Sri Lanka. He has over 35 years of professional experience. At present he serves as a partner at B R DE SILVA & COMPANY Chartered Accountants, a member firm of Nexia International.

He is the current Treasurer of Sri Lanka Cricket. He is a member of Board of Management and the Audit Committee Chairman of Postgraduate Institute of Management, University of Sri Jayawardenepura (PIM). A member of Board of Management of the Api Wenuwen Api Fund.

His contribution to the accountancy profession is extensive both in local and international sphere. Apart from chairing various committees at CA Sri Lanka, he has served as the chairman of ITAG Committee of SAFA for 7 years and has served as The Technical Advisor to the Chairperson of the SMP Committee of the International Federation of Accountants (IFAC) 2016 up to April 2019.