PMF Finance PLC announced appointment of Mr. Lokugamhewage Terrance Kumara appointed as the Chief Executive Officer of the Company with effect from 01st January 2023. Mr. Lokugamhewage Terrance Kumara has served at SANASA Development Bank PLC as the Chief Financial officer prior to his appointment at PMF Finance PLC as the Deputy Chief Executive Officer. He is a seasoned financial sector professional with a sound academic foundation spanning over 20 years of diversified expertise in financial, leasing, corporate finance, and investment management locally and internationally.

He has extensive experience in financial reporting, taxation, structuring capital market transactions and analytics. Mr. Terrance Kumara has a background in designing internal controls, legal, compliance & financial risk management. Mr. Terrance Kumara is specialized in analyzing, identifying, and translating business needs into executable strategies through bespoke service delivery.

Additionally, during his tenure at SANASA Development Bank, he has spearheaded and implemented Sri Lanka's first rights issue through a digital platform. Mr. Terrance Kumara holds a Master of Business Administration (MBA) from the University of Southern Queensland, Australia and is a Fellow Member of the Institute of Chartered Accountants of Sri Lanka (ICASL), Member of the Institute of Certified Management Accountants of Sri Lanka (CMASL), Member of Association of Accounting Technicians of Sri Lanka (AAT) and a Finalist of the Chartered Institute of Management Accountants of UK (CIMA).