Finance Industry Analysis

CBC Finance appoints Sharmini Wickremasekara to Board

Sharmini Wickremasekera has recently been appointed as an Independent, Non-Executive Director to the Board of Directors of CBC Finance Ltd, effective from 22nd March. With an impressive career spanning over 40 years across various domains, she brings a wealth of experience and expertise to her new role.

Beginning her professional journey at Ford Rhodes Thornton and Company, Sharmini’s career trajectory led her to LOLC in 1983, where she steadily climbed the ranks in acknowledgment of her outstanding performance. Her tenure at LOLC saw her spearheading initiatives in Standards in Internal Audit, IT governance, Enterprise Risk Management, Business Continuity Management, and fraud prevention, showcasing her dedication and capability to ascend to top management positions. Sharmini retired as the Chief Risk Officer of the LOLC Group in March 2023.

Noteworthy is Sharmini’s groundbreaking tenure as the President of the ISACA Sri Lanka Chapter from 2007 to 2009, where she became the first female president to lead a professional IT association in Sri Lanka. Under her leadership, the Chapter was honored as the Best Medium-sized Chapter in Asia.

Furthermore, she has held esteemed positions on the boards of Sri Lanka Cert and Infotel ICT Exposition as an Independent Non-Executive Director, contributing significantly to the information security landscape. Currently, she serves as an Independent Non-Executive Director at SUNTRUST Insurance Brokers Ltd., focusing on accounting and finance. Sharmini has also garnered international recognition as a representative and speaker on risk management, actively participating in conferences both locally and overseas.

Throughout her distinguished career, Sharmini’s contributions have been widely acclaimed. The ISACA SL Chapter received the K. Wayne Snipes Award in 2009 for the best medium-sized chapter in Asia, and she was honored with the Achievement Award for GRC in the USA by the OCEG in 2012 for her role in implementing GRC standards in LOLC.

The current board of CBC Finance comprises Chairman Sharhan Muhseen, Independent Non-Executive Director Sarath Jayasuriya, Independent Non-Executive Director Dimuthu Bandara, Non-Independent Non-Executive Director Hasrath Munasinghe, Non-Independent Non-Executive Director M. P. Dharmasiri, and Non-Independent Executive Director/CEO Chamilantha Fernando. With Sharmini’s appointment, CBC Finance looks forward to benefiting from her vast experience and strategic insights in governance and risk management.