Supplementary Reports

Corporate Information

Name of the Company

Citizens Development Business Finance PLC

Legal form

A public quoted company incorporated in Sri Lanka under the provisions of the Companies Act No. 17 of 1982 and re-registered under the Companies Act No. 07 of 2007.

The Company is licensed under the Finance Business Act No. 42 of 2011. The Company is registered under the Finance Leasing Act No. 56 of 2000 and CDB is an approved credit agency under Mortgage Act No. 06 of 1949 and Trust Receipt Ordinance No. 12 of 1947.

Date of incorporation

7 September 1995

Registration number

PB 232 PQ

Accounting year

31 March

Board of Directors

Mr Joseph Rene Alastair Corera
CFA (USA), FCMA (UK)
Chairman/Independent
Non-Executive Director

Mr W P C M Nanayakkara
BSc (Mgt), FCMA (UK), MBA (Sri J), CGMA
Managing Director/Chief Executive Officer/Executive Director

Mr T M D P Tennakoon
FCMA (UK), CGMA
Deputy CEO/Chief Financial Officer/Executive Director

Mr R H Abeygoonewardena
FCMA (UK), ACMA (Sri), MCPM, CGMA
Executive Director - Corporate Finance

Mr Jagath Priyantha Abhayaratne
MBA, B.Sc (Admin)
Non-Executive Director

Prof S P P Amaratunge
BA (Econ) (Sp) (SJP), MA Econ (Colombo),
MSc Econ. of Rural Dev. (Saga, Japan); PhD (Kogoshima, Japan)
Independent Non-Executive Director

Mr E R S G S Hemachandra
MBA (Australia), Dip M (UK), FCIM (UK)
Non-Executive Director

Mr D A De Silva
BSc (Hons), ACMA, CGMA
Executive Director – Business Operations

Elangovan Karthik
FCIM, FSLIM, BSc (Mgt), M BA (PIM), CGMA
Executive Director – Chief Emergent Business Officer

Mr S Kumarapperuma
BSc (Science), MBA (Colombo),
Postgraduate Dip (Actuarial Science)
Independent Non-Executive Director

Mr S V Munasinghe
MBA (Fed. Uni. Aus)
Executive Director – Sales and Business Development

Mrs P R W Perera
FCA, ACMA
Independent Non-Executive Director

Prof Prasadini Naganika Gamage BSc (Admin), PhD (HRM), MSc (Management), Attorney-at-Law
Independent Non-Executive Director

Registered address of head office

No. 123, Orabipasha Mawatha, Colombo 10,
Sri Lanka. Phone : +94 11 738 8388
Fax : +94 11 242 9888
Email : cdb@cdb.lk
Web : www.cdb.lk

Company Secretary

Ms Mihiri Shashikala Senaratne
No. 123, Orabipasha Mawatha, Colombo 10,
Sri Lanka
Phone : +94 11 738 8388
Fax : +94 11 242 9888
Email : mihiri.senaratne@cdb.lk

Company registrars

SSP Corporate Services (Pvt) Limited
101, Inner Flower Road,
Colombo 03, Sri Lanka
Phone : +94 11 257 3894,
+94 11 257 6871
Fax : +94 11 257 3609
Email : sspec@sltnet.lk

Company Auditors

KPMG (Chartered Accountants)
32 A, Sir Mohamed Macan
Markar Mawatha,
Colombo 03, Sri Lanka
Phone : +94 11 542 6426

Lawyers of the Company

Nithya Partners
No. 97 A, Galle Road,
Colombo 03, Sri Lanka

Credit rating agency

Fitch Ratings Lanka Ltd.

Bankers

Bank of Ceylon
Commercial Bank of Ceylon PLC
Deutsche Bank
DFCC Bank PLC
Hatton National Bank PLC
National Development Bank PLC
Nations Trust Bank PLC
People’s Bank
Sampath Bank PLC
Seylan Bank PLC
Union Bank PLC