Board of Directors

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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.

Vice Chairman

Mr. Julio Sy, Jr., Filipino 58 was re-elected as Vice Chairman of the board of the bank on April 23, 2018, a post he has held since 2010. He is concurrently a member of the Bank’s Executive Committee. Outside of his bank’s responsibilities, he is the Chairman and President of Tao Corporation, Chairman of Tao Foods Company, President of PYC Foods, Chairman of JR & R Distributors Inc. Chairman of New Marketlink Pharmaceutical Corp and Health Solutions Enterprises Inc. He serves as a director in Children’s Protection Network Foundation.

He received his Bachelor Science- Business Management Honors degree from the Ateneo de Manila University in 1984 and his trainings including Corporate Governance from the Institute of Corporate Directors, Strategic and Corporate Planning, Budget & Planning and Risk Management.

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. Remigio V. Tan, Jr. Filipino, 69, is currently a Director and formerly Chairman of the Board from 2015 to 2019. He is President of JR and R Distributors, Inc. (since 1993) and Megavia Motor Company Inc. (since 2010). He holds Directorships with the following companies: Macro-Distributors Inc. (since 1985), Dag Xpress Courier, Inc. (since 2011), Nippon Premium Bakery (since 2017) and PYC Foods Corp. (since 2019). He worked as a Credit Analyst at Far East Bank and Trust Co. (from 1974 to 1976) and Loans and Credit Manager of The Bank of Tokyo, Ltd., Manila Offshore Banking Unit (from 1979 to 1991.)

He received his AB/East Asian Studies Communication/Business Administration from De La Salle College, Manila in 1974 and completed his Masters in Business Administration from Sophia Univeristy Tokyo, Japan in 1979. His trainings included Corporate Governance for Directors, Strategic and Corporate Planning, Budget and Planning and Risk Management.

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 

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.