Colombo, Sri Lanka – 25 August 2026 – Abans Finance PLC (CSE: ABF) today announced the appointment of Mr. Upul Lakshman Gunasekara as its new Chief Executive Officer, with effect from 24th August 2026. This significant leadership transition, a key development for the non-banking financial institution, received the requisite approval from the Central Bank of Sri Lanka on the same day, August 24, 2026.
The appointment was formally communicated to the Colombo Stock Exchange (CSE) by Abans Finance PLC in accordance with Section 8.1 of the Listing Rules, ensuring full transparency to shareholders and the wider market. The company’s prompt disclosure underlines its commitment to good corporate governance and regulatory compliance.
Leadership Transition and Experience
Mr. Gunasekara steps into the pivotal role bringing what is expected to be a wealth of experience to guide Abans Finance PLC through its next phase of growth and strategic objectives in Sri Lanka’s dynamic financial landscape. His leadership is anticipated to further strengthen the company’s market position and drive its commitment to providing comprehensive financial solutions.
Shareholding Disclosure
In line with regulatory requirements and for full transparency, Abans Finance PLC also confirmed that Mr. Upul Lakshman Gunasekara does not hold any shares of the company as of 24th August 2026, the effective date of his appointment. This disclosure is a standard practice for key executive appointments, ensuring clarity regarding board and executive shareholdings.
About Abans Finance PLC
Abans Finance PLC, a prominent player in Sri Lanka’s non-banking financial sector, is known for its diverse range of financial products and services. With its head office located at No. 456, R. A. De Mel Mawatha, Colombo 03, the company continues to contribute to the nation’s economic development by offering accessible and reliable financial solutions to its clientele. The company operates under the regulatory framework of the Central Bank of Sri Lanka.
Abans Finance PLC Board of Directors
As per the latest disclosures, the Board of Directors of Abans Finance PLC comprises a distinguished group of individuals:
- K. J. A. Perera – Chairman
- R. N. Yatawara – Non-Executive, Executive Director
- M. S. I. P. Karunaratne – Independent Non-Executive Director
- A. H. L. Gunawardena – Non-Executive, Executive Director
- Dr. R. A. S. L. Perera – Independent Non-Executive Director
This leadership announcement marks a new chapter for Abans Finance PLC as it looks forward to continued success and strategic advancements under the stewardship of Mr. Upul Lakshman Gunasekara.
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