People's Leasing celebrates two decades in financial services
People's Leasing and Finance PLC (PLC) rang the opening bell to
commence trading at the Colombo Stock Exchange (CSE) on Tuesday, May 31.
The market opening ceremony was organized as part of the company's
celebrations to mark two decades in the financial services industry.
PLC Director M.A.M. Rizwan, CSE CEO Rajeeva Bandaranaike,
PLC CEO/GM D.P Kumarage, PLC Deputy Chairman Pradeep
Amirthanayagam, CSE Chairman Vajira Kulatilaka, PLC Director
N. Vasantha Kumar and PLC Director Johnson Fernando at the
Bell Ringing ceremony.
PLC's Deputy Chairman, Pradeep Amirthanayagam, Directors, N. Vasantha
Kumar, Johnson Fernando, M.A.M. Rizwan and CEO/GM, D.P Kumarage
participated at the ceremony, while the CSE was represented by Chairman
Vajira Kulatilaka, CEO Rajeeva Bandaranaike and the senior management.
CSE Chairman Kulatilaka congratulated PLC for celebrating what has
been a successful 20 years and commended the Company for achieving
Deputy Chairman at PLC, Pradeep Amirthanayagam said, "As a leading
non-bank financial institution in Sri Lanka with an asset base of over
Rs. 120 bn and a net profit of Rs. 4 billion we have created value for
both the market and the country and it is with utmost pride that we
celebrate 20 years of existence today. "
"We have undoubtedly earned the confidence and trust of all our
stakeholders in the past and created a benchmark in the industry with
our exceptional results in every aspect and we are expecting to remain
so, while creating sustainable value for all our stakeholders in the
upcoming years," he said. CEO/GM at PLC, D.P, Kumarage said, "In 2011 we
took a bold step in listing our Company at the CSE and have since
created consistent value through a strong focus on transparency and
Market Opening Ceremonies are conducted by the CSE to serve as a
platform to generate exposure for listed companies as they celebrate
important corporate milestones.