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Kanrich Finance appoints Dr. Ravi Ratnayake as chairman

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As part of a comprehensive restructuring, Dr. Ravi Ratnayake, a former Chief Economist and Director of Trade and Investment of United Nations for Asia-Pacific Region (ESCAP), has been appointed as the Chairman and Director of Kanrich Finance.

This is the first time in the history of the financial sector in Sri Lanka, a senior and experienced former UN official joined as the head of a financial company.  Dr. Ratnayake is a renowned international economist with over 35 years of experience in international trade, investment, and business.

He was an economic advisor to many developing countries including Sri Lanka. He was a consultant to the World Bank, United Nations, ADB, USAID and a Professor and Senior Lecturer in Economics, Korea University, and the University of Auckland. He authored many publications in economics. He was also a Director at the Ministry of Finance, Sri Lanka.

Dr Ratnayake brings tremendous experience and international exposure to Kanrich in enhancing its efforts to revive the company as a respectable and profitable finance company. Given his UN background, he is expected to turn Kanrich into a company with improved governance and also to be a socially responsible business entity, contributing to achievements of Sustainable Development Goals of United Nations, including through CSR projects.

“Under Dr. Ratnayake’s leadership and a new Board of Directors, we started a new journey with a new business strategy towards stability, profitability and sustainable growth,” said Shiran Weerasinghe, CEO of Kanrich.

The other new Directors are Chartered Accountant Buddhika Senanayake and Fellow Chartered Marketer Eranda Godage.

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