Board of Directors

Chairman

Mr. Dulip Rasika Samaraweera has 2 decades of experience in the Financial Services Sector with extensive experience in the fields of financial management, strategic planning, process improvement, investments and acquisitions. A passed finalist of Chartered Institute of Management Accountants (UK) and holds a BSc in Physical Sciences specializing in statistics from the University of Sri Jayawardenepura, Sri Lanka

Mr. Dulip commenced his career in 2004 as an Investment Researcher prior to joining the LOLC Group in 2007 where ‌he gained much experience serving in a variety of positions before taking up a senior management position tasked with the global business expansion of the LOLC Group, primarily in banking and financial services.

Mr. Samaraweera currently operates as the Chairman of LOLC BANK PHILIPPINES Inc. whilst holding board positions in deposit-taking regulated financial institutions, non-deposit taking regulated financial institutions as well as non-financial services companies, and investment holding companies of the LOLC Group.

Director

Mr Krishan Thilakaratne is the Director/CEO of LOLC Finance PLC and a Member of the Senior Management Team of LOLC Holdings PLC Srilanka. 

Mr. Thilakaratne, one of the Directors of LOLC South East Asia covering Indonesia and Pakistan. Further, Mr Thilakaratne is a Director of LOLC Central Asia covering Kyrgyzstan, Kazakhstan, Tajikistan and Uzbekistan. He serves in the Boards of Fazo S Micro Deposit Organization in Tajikistan, OJSC Micro Finance Company “ABN” in Kyrgyzstan and is appointed as the Director of R Finance in Kazakhstan. He is an Advisor to “Lombard Micro Finance Company” in Tajikistan. 

Mr Thilakaratne is also a Board member of Commercial Insurance Brokers (Pvt) Ltd in Sri Lanka.  He was a board member of Credit Information Bureau of Sri Lanka (CRIB), Prasac Micro Finance Institution Ltd Cambodia and the past Chairman of the Finance Houses Association of Sri Lanka (FHASL), the Apex body for Non-Bank Financial Institutions (NBFIs) in Sri Lanka.

He is a member of Chartered institute of Management Accountants (CIMA) UK and Associate member of Institute of Bankers of Sri Lanka (AIB). He has followed Strategic Leadership training programme in Micro Finance at Harvard Business School USA and counts over 28 years of experience in Management, Credit, Channel Management, Marketing, Factoring, Portfolio Management and Islamic Finance. He conceptualized and introduced Islamic Finance to LOLC Group in 2007 and is a Guest Speaker at International Islamic Finance Forums.

Director

 Mr. Anuradha Gamage is with over two decades of comprehensive experience in the financial sector in Sri Lanka especially in Business operations, Credit management and Marketing. He was holding numerous senior managerial positions in Leading finance companies in Sri Lanka including LOLC finance Plc, Commercial Leasing and Finance Plc and Ceylinco Leasing corporation Ltd. Mr. Anuradha Gamage holds a Master’s Degree on Business Administration from London Metropolitan University. 

Director

Mr. Herminio J. Matute is a Certified Public Accountant and graduate of the Laguna College of Business and Arts, with a degree in Bachelor of Science in Commerce, Major in Accounting. He gained experience in the banking industry with stints in the following banks holding Senior Management positions:  PNB Savings Bank, Security Bank Corporation, Philippine Banking Corporation, Bank of Makati, and Northpoint Development Bank. He was a Director of the Bankers Institute of the Philippines and has been a chairman of various committees of the same institution. His recent assignment was with PNB Savings Bank as the Bank’s Head of Operations and BCP Director. PNB Savings Bank is a wholly-owned subsidiary and the consumer arm of the industry-leader and century-old Philippine National Bank.    After his retirement, he is now engaged as an Independent Consultant/Advisor here and abroad. He is a senior consultant of ANC+ Group of Companies, one of the largest multi-brand car dealers in the country 

 Independent Director

Mr. Villamor R. Macario was elected as an Independent Director on December 2023, and a member of Audit Committee.

Mr. Macario is a Certified IPMA-C Project Manager, a PMI member, and a seasoned professional engineer with more than two decades experience in Research & Development, Project Management, and People Management. Vast and deep experience gained from MNC such as Infineon Technologies, ST Microelectronics, NXP Semiconductors, and Philips Semiconductors.

Mr. Macario is a Licensed Electronics & Communications Engineer and a graduate of Pamantasan ng Lungsod ng Maynila.

 Independent Director

Mr. Patrick P. Arce holds a Bachelor of Science degree in Commerce, major in Business Management from De La Salle University.  Mr. Arce is a seasoned executive with nearly two decades of leadership experience in the Banking, Financial services and Insurance Sectors. He served as President/Chief Executive Officer and member of the Board of Directors of Mount Carmel Rural Bank, Inc. from 2019-2024 setting the Bank's strategic direction, ensuring sound governance, and fostering sustainable growth.

Currently serving as Independent Director of LOLC Bank Philippines Inc. (A Thrift Bank) spearheading strategic initiatives that drive sustainable growth and financial inclusion.

From 2012 to 2014 Mr. Arce served as Vice President and Division Head of Direct Sales at Philippine Savings Bank (PS Bank), where he contributed significantly to the Bank's strategic direction, overseeing sales operation and asset-liability management to optimize profitability.

Earlier in his career, Mr. Arce worked at Chinatrust Bank as Assistant Vice President from 2006-2012 where he successfully led initiatives to expand the personal loans business. He began his Banking career at Standard Chartered Bank as Senior Manager from 2005-2006 where he gained extensive expertise in consumer lending products and sales management.

With his extensive experience in executive leadership, strategic sales management, and banking operations, Mr. Arce continues to be a driving force in shaping financial services that cater to diverse markets, promoting growth, and fostering innovation in the Banking industry.