Nation Lanka Finance Management

Management criteria checks 0/4

We currently do not have sufficient information about the CEO.

Key information

L D Nirosha Madawala

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	n/a
Management average tenure	no data
Board average tenure	1.8yrs

Recent management updates

Recent updates

CEO

L D Nirosha Madawala

less than a year

Tenure

Mr. L D Nirosha Yasantha Madawala is Acting Chief Executive Officer of Nation Lanka Finance PLC from December 22, 2023. Mr. Madawala has a distinguished experience spanning various leadership roles with we...

Board Members

Name	Position	Tenure	Compensation	Ownership
Udaya Seneviratne	Non-Executive Independent Director	less than a year	no data	no data
Victor Ramanan	Non-Executive Chairman	11.6yrs	no data	13.8% LKR 289.8m
Maheen Priyantha Gamage	Non-Independent Non-Executive Director	2.4yrs	no data	no data
Shamila Wickramasinghe	Independent Non-Executive Director	2.4yrs	no data	no data
Kelakoralale Gedera Deepani Kumuduni Bandara	Non Executive & Independent Director	1.8yrs	no data	no data
Nanayakkara Wasampalliyage Gunawansha	Non-Executive Independent Director	less than a year	no data	no data
Luckshmi Menaka Jayawickrema	Non-Executive Independen Director	less than a year	no data	no data

1.8yrs

Average Tenure

Experienced Board: CSF.N0000's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.

Nation Lanka Finance Management

Management criteria checks 0/4

Key information

Recent management updates

High number of new and inexperienced directors

Nation Lanka Finance PLC, Annual General Meeting, May 10, 2024

Nation Lanka Finance PLC, Annual General Meeting, Sep 30, 2022

Insider recently sold LK₨134m worth of stock

Nation Lanka Finance PLC Announces Resignation Suresh M. Amerasekera as CEO

Nation Lanka Finance PLC Announces Retirement of Kande Mohottalalage Sunil Kandegedara as Non-Executive Independent Director

Recent updates

Full year 2024 earnings released

High number of new and inexperienced directors

Nation Lanka Finance PLC, Annual General Meeting, May 10, 2024

New major risk - Shareholder dilution

New minor risk - Financial data availability

Third quarter 2023 earnings released: EPS: LK₨0.007 (vs LK₨0.03 in 3Q 2022)

Second quarter 2023 earnings released: LK₨0.14 loss per share (vs LK₨0.06 loss in 2Q 2022)

Nation Lanka Finance PLC has completed a Follow-on Equity Offering in the amount of LKR 2.009028 billion.

Nation Lanka Finance PLC, Annual General Meeting, Sep 30, 2022

First quarter 2023 earnings released: LK₨0.17 loss per share (vs LK₨0.08 loss in 1Q 2022)

Full year 2022 earnings released: LK₨0.15 loss per share (vs LK₨0.092 loss in FY 2021)

Insider recently sold LK₨134m worth of stock

Nation Lanka Finance PLC Announces Resignation Suresh M. Amerasekera as CEO

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Second quarter 2022 earnings released: LK₨0.06 loss per share (vs LK₨0.03 profit in 2Q 2021)

First quarter 2022 earnings released: LK₨0.08 loss per share (vs LK₨0.03 loss in 1Q 2021)

New 90-day low: LK₨0.70

Non Executive Independent Director has left the company

Nation Lanka Finance PLC Announces Retirement of Kande Mohottalalage Sunil Kandegedara as Non-Executive Independent Director

Third quarter 2021 earnings released: LK₨0.06 loss per share (vs LK₨0.06 loss in 3Q 2020)

New 90-day low: LK₨0.80

Second quarter 2021 earnings released: EPS LK₨0.03

Nation Lanka Finance PLC Announces Resignation of P M L K Karunarathne as Non Executive and Independent Director

New 90-day high: LK₨1.10

First quarter earnings released

Full year earnings released - EPS LK₨0.01

CEO

Tenure

Board Members

Average Tenure