Summit Finance PLC announced that Mr. Ravindra Ranjith tendered his resignation from the position of Acting Chief Executive Officer of the company with effect from October 31, 2016, which was approved by the Central Bank of Sri Lanka on January 19, 2017. Further, the company announced that Mr. D. Pramuditha Vitharshana Mendis has been appointed as Chief Executive Officer of the company with effect from January 19, 2017. Prior to joining the company, Pramuditha worked for 8 years at AMW Capital Leasing & Finance PLC and held the positions of Deputy General Manager and General Manager.