Business

Janashakthi Finance CEO Appointment Signals Strong Leadership Shift

Janashakthi Finance CEO appointment marks a significant leadership milestone as the company confirms Sithambaram Sri Ganendran as its new Chief Executive Officer. The decision reflects strategic continuity and renewed momentum at a pivotal phase in the institution’s growth journey.


Janashakthi Finance CEO appointment reinforces stability and future-focused growth


Janashakthi Finance PLC, formerly known as Orient Finance PLC and a fully owned subsidiary of JXG (Janashakthi Group), has formally announced the appointment of Sithambaram Sri Ganendran as its Chief Executive Officer. The move follows a transitional period during which Sri Ganendran served as Acting CEO, ensuring stability and operational continuity within the organization.

Prior to assuming the permanent role, Sri Ganendran held the position of Chief Operating Officer from September 2024. Over the past four months as Acting CEO, he oversaw critical business functions and maintained steady leadership amid evolving market conditions. The Janashakthi Finance CEO appointment underscores the company’s confidence in internal leadership and its commitment to long-term strategic alignment.

With nearly 27 years of experience in the banking and financial services sector, Sri Ganendran brings a depth of expertise shaped by senior management roles across both local and international banks. His professional background spans operations management, branch banking across retail and SME segments, operational risk management, and business continuity planning. These competencies have positioned him as a seasoned leader capable of navigating complex regulatory and commercial environments.

Throughout his career, Sri Ganendran has also been closely involved in business integration initiatives, process reengineering programs, and operational excellence frameworks. His experience extends to sales governance and credit card operations, areas that remain increasingly relevant as financial institutions adapt to digital transformation and evolving customer expectations. The Janashakthi Finance CEO appointment therefore reflects a leadership choice grounded in both technical proficiency and strategic foresight.

Academically, Sri Ganendran holds an MBA from American City University and is a Fellow of the Chartered Institute of Management Accountants (CIMA) in the United Kingdom. In addition, he is an Associate Member of the Chartered Institute of Securities and Investments (CISI) and a member of the Association of Professional Bankers of Sri Lanka. These qualifications reinforce his strong grounding in financial management, governance, and ethical leadership.

Commenting on the appointment, Rajendra Theagarajah, Chairman of Janashakthi Finance PLC, highlighted the significance of the leadership transition. He noted that Sri Ganendran’s extensive experience, proven track record, and people-centric leadership approach make him well suited to guide the organization at a critical juncture. According to the Chairman, the decision ensures efficient continuity across ongoing operations while strengthening the company’s strategic direction.

The Janashakthi Finance CEO appointment also reflects the institution’s broader commitment to delivering trusted financial solutions while actively pursuing innovation and expansion. As the financial services sector continues to face shifting economic conditions and heightened customer expectations, leadership stability remains a key differentiator. Sri Ganendran’s appointment signals the company’s intention to remain agile, resilient, and customer-focused.

Under his leadership, Janashakthi Finance is expected to continue enhancing operational efficiency while exploring new growth opportunities aligned with its long-term vision. The company’s emphasis on seamless operations, responsible governance, and sustainable growth is likely to shape its strategic priorities in the months ahead.

Ultimately, the Janashakthi Finance CEO appointment reinforces confidence among stakeholders, employees, and customers alike. It marks not just a change in designation, but a reaffirmation of the company’s commitment to strong leadership, prudent management, and value-driven financial services in Sri Lanka’s evolving economic landscape.