Richard Pieris Finance: Forging Ahead with Resilience and Growth

Since its establishment in 2012, Richard Pieris Finance Limited has evolved into one of Sri Lanka’s most resilient and forward-looking financial institutions. Emerging from a decade marked by unprecedented challenges, from economic turbulence to the pandemic, the company has demonstrated remarkable agility, turning adversity into opportunity through disciplined management and strategic foresight.

The past few years have been a period of continuous growth, underscored by steady profitability, portfolio diversification, and a clear commitment to modernization. With a dynamic Board led by Chairman Nalin Wijekoon, a veteran finance professional with over four decades of experience in the sector, and strengthened by Independent and Non-Executive Directors bringing diverse expertise – Mr. Kithsiri Wijeyaratne, an accomplished finance strategist and former senior banker; Mr. Rasitha Gunawardana, a seasoned banking leader and former CEO/General Manager of People’s Bank; Mr. Rohan Buultjens, a digital transformation expert with global experience across telecom, oil & gas, and financial services; Mr. Saman Kalansuriya, a veteran in retail and leasing finance with leadership experience in Sri Lanka and the Maldives; Mr. Rohitha Amarapala, a senior administrator and human resources specialist with over 25 years of leadership experience across the financial, insurance, and corporate sectors; and Mr. Thushara Perera, a finance professional with over 25 years of expertise in strategic financial management and corporate governance; the organization has embraced a forward-thinking governance structure that continues to strengthen its market standing.

Built on the enduring trust and heritage of the Richard Pieris Group, the company today offers a wide spectrum of financial solutions extending beyond conventional leasing from savings and fixed deposits to Islamic finance, gold loans, and the newly introduced Sarumaga mortgage solution, designed to ensure faster processing and customer convenience.

A key focus of its current journey is digital transformation. As a member of the CEFTS platform, Richard Pieris Finance is enhancing its IT infrastructure to deliver seamless, tech-driven customer experiences while improving operational efficiency. The company’s credit rating of ‘A(lka) Outlook Stable’ by Fitch Ratings, stands as an independent endorsement of its financial stability and prudent risk management.

“Our journey has been one of steady progress through challenging times,” said Chairman Nalin Wijekoon. “The unwavering trust of our customers and the support of the Richard Pieris Group have been instrumental in shaping the company’s strong and stable foundation.”

Echoing this sentiment, CEO Lohika Fonseka added, “We are committed to driving sustainable growth through innovation, digital empowerment, and customer-centric solutions. Our focus is on ensuring that every product and service we offer adds real value to the lives of our customers.”

With a clear vision for expansion and innovation, Richard Pieris Finance continues to chart its path forward, anchored in resilience, powered by technology, and driven by the confidence of its customers.

Richard Pieris Finance Limited is a proud member of the Richard Pieris Group, one of Sri Lanka’s largest and most diversified conglomerates, whose business interests span sectors such as retail, manufacturing, plantations, financial services, and insurance. The Group’s financial services arm includes Arpico Insurance Limited and Richard Pieris Finance Limited, reflecting a shared commitment to financial inclusion, customer confidence, and sustainable growth.

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Seated (left to right): Mr.Kithsiri Wijeyaratne - Independant Non-Executive Director, Mr. Nalin Wijekoon - Chairman /Non-Independant Non-Executive Director, Mr. Rasitha Gunawardana - Independant Non-Executive Director.

Standing (left to right): Mr. Lohika Fonseka - CEO, Mr.Rohan Buultjens - Independent Non-Executive Director, Mr. Rohitha Amarapala - Independent Non-Executive Director, Non-Executive Director Mr.Saman Kalansuriya - Independent Non-Executive Director, Mr Thushara Perera – Non-Independent