Business
Softlogic Finance appoints Ivon Brohier as new CEO
Softlogic Finance PLC, a subsidiary of Softlogic Capital PLC, has announced the appointment of Ivon Brohier as its Chief Executive Officer (CEO) with effect from 27th of March 2023. Brohier, who has been serving as the Acting CEO and Chief Financial Officer (CFO), will commence duties as the first-ever female CEO at Softlogic Finance.
With over 15 years of extensive experience in business strategy, financial reporting, strategic financial management, process improvements, information systems, and handling statutory audits, Brohier brings a wealth of knowledge and experience to support the company’s growth and success.
In her new role, Brohier will be responsible for spearheading Softlogic Finance’s strategic agenda through tactical transformative initiatives, including team restructuring and the enhancement of digital capabilities to better serve customers and stakeholders. The company has also shifted its focus to expanding into the untapped lending market by offering innovative financial products and services to a broader segment of customers, in addition to implementing a proactive and aggressive approach to recovery.
“I’m honoured and grateful for this opportunity to embark on an exciting new era of growth at Softlogic Finance,” said Ivon Brohier, the newly appointed Chief Executive Officer of Softlogic Finance PLC. “With the unwavering support of our stakeholders and the strong backing from our holding company Softlogic Capital, I am confident that Softlogic Finance is poised to ensure long-term stability. I look forward to working with my talented team to capitalize on our strengths and execute purpose-led strategies that will drive sustainable and profitable growth.”
Prior to becoming the CFO at Softlogic Finance in 2020, Brohier had a distinguished career in leadership roles at some of Sri Lanka’s renowned financial institutions. She has held notable positions such as Acting CEO and CFO at Abans Finance PLC, Senior Manager – Financial Reporting and Control at Nations Trust Bank PLC, and Senior Finance Manager at AMW Capital Leasing and Finance PLC.
Brohier is a fellow member of the Institute of Chartered Accountants of Sri Lanka and the Institute of Certified Management Accountants of Sri Lanka, and she holds an MBA from the University of Colombo and a BSc. in Management from the University of Sri Jayewardenepura.
Business
HNB Finance bags 2 CMA Reporting Awards 2025
HNB Finance PLC has been honoured with two prestigious accolades at the CMA Excellence in Integrated Reporting Awards 2025, reaffirming the company’s commitment to transparency, good governance, and integrated business performance.
At this year’s ceremony, HNB Finance PLC was awarded Second Runner Up – joint in the category of “Best Integrated Report , Finance and Leasing Sector”, and also received a Merit Award in recognition of its continued efforts to enhance reporting quality and strengthen stakeholder communication.
The CMA Excellence in Integrated Reporting Awards, organised annually by the Institute of Certified Management Accountants (CMA) of Sri Lanka, acknowledge organisations that demonstrate superior financial reporting standards aligned with global best practices. Winners are assessed on key criteria such as financial performance and strategic management, corporate governance and compliance, innovation and digital transformation, sustainability practices, and professional excellence.
Chaminda Prabhath, Managing Director/CEO of HNB Finance PLC, commented on the recognition, “These awards reaffirm our commitment to upholding the highest standards of integrated reporting and transparent financial disclosure. At HNB Finance, we remain focused on delivering sustainable long-term value through robust governance frameworks, prudent financial management, and continuous innovation. The acknowledgement by CMA Sri Lanka reflects the disciplined efforts of our teams across the organization and motivates us to further enhance our reporting quality, strengthen ESG integration, and reinforce our stakeholder centric approach.”
Business
ComBank joins ‘Liya Shakthi’ scheme to further empower women-led enterprises
The Commercial Bank of Ceylon has reaffirmed its long-standing commitment to advancing women’s empowerment and financial inclusion, by partnering with the National Credit Guarantee Institution Limited (NCGIL) as a Participating Shareholder Institution (PSI) in the newly introduced ‘Liya Shakthi’ credit guarantee scheme, designed to support women-led enterprises across Sri Lanka.
The operational launch of the scheme was marked by the handover of the first loan registration at Commercial Bank’s Head Office recently, symbolising a key step in broadening access to finance for women entrepreneurs.
Representing Commercial Bank at the event were Mithila Shyamini, Assistant General Manager – Personal Banking, Malika De Silva, Senior Manager – Development Credit Department, and Chathura Dilshan, Executive Officer of the Department. The National Credit Guarantee Institution was represented by Jude Fernando, Chief Executive Officer, and Eranjana Chandradasa, Manager-Guarantee Administration.
‘Liya Shakthi’ is a credit guarantee product introduced by the NCGIL to facilitate greater access to financing for women-led Micro, Small, and Medium Enterprises (MSMEs) that possess viable business models and sound repayment capacity but lack adequate collateral to secure traditional bank loans. Through NCGIL’s credit guarantee mechanism, Commercial Bank will be able to extend credit to a wider segment of women entrepreneurs, furthering its mission to drive inclusive economic growth.
Business
Prima Group Sri Lanka supports national flood relief efforts with over Rs. 300 Mn in dry rations
Prima Group Sri Lanka has pledged assistance valued at over Rs. 300 million, providing essential Prima food products to support communities affected by the recent floods across the island. This relief initiative is being coordinated through the Ministry of Defence to ensure the timely and effective distribution of aid to impacted families.
As part of this commitment, Prima Group Sri Lanka donated a significant stock of Prima dry rations to the Government of Sri Lanka on 30 November. The consignment will be distributed across multiple severely impacted districts. These supplies will support families facing disruptions to daily life, ensuring they receive assistance as recovery efforts continue.
The handover took place at the Ministry, where the donation was received by the Secretary of Defence, Air Vice Marshal (Retired) Sampath Thuyacontha. Representing Prima Group Sri Lanka, Sajith Gunaratne – General Manager of Ceylon Agro Industries Limited, and Sanjeeva Perera – General Manager of Ceylon Grain Elevators PLC, officially presented the donation.
Prima Group has been standing with the people of Sri Lanka for over 40 years, and this donation reflects its broader commitment to the nation during challenging times. As relief operations continue across the island, the company remains focused on helping families rebuild their lives and supporting the ongoing recovery process in collaboration with the Government Authorities.
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