PLC CEO announces his resignation

Mr. Shamindra J. M. Marcelline has notified of his intention to resign from the position of Chief Executive Officer/General Manager of People’s Leasing & Finance with effect from 01st April 2024 in order to pursue his future career plans. The notice of resignation has been accepted by both the Nomination and Governance Committee and by the Board of Directors of the Company.

The resignation of Mr. Marcelline has been filed at the Colombo Stock Exchange upon receipt of clearance by the Central Bank of Sri Lanka.

Mr. Marcelline assumed the position of Chief Executive Officer/ General Manager in November 2020.

The Board will initiate a search process to identify a successor who will build upon the Company’s strong foundation and lead its growth agenda into the future.

We extend our gratitude to Mr. Marcelline for his leadership in driving PLC during challenging periods, and wish him success in his future endeavors.