Asite Talwatte

Asite Talwatte, who joined the Board of Central Finance Company PLC on 30th June 2016 was appointed the Chairman of the Company on 1st July 2020. He is a fellow member of the Institute of Chartered Accountants of Sri Lanka (ICASL) and the Chartered Institute of Management Accountants of the United Kingdom. He has a Post Graduate Diploma in Business and Financial Administration awarded by the ICASL and the University of Wageningem, Holand and a MBA from the University of Sri Jayawardenapura, Sri Lanka. He has also participated in a Kellogg Executive Programme at the Kellogg Graduate School of Management, Northwestern University, Evanston, Illinois. He has worked with Ernst & Young for over 37 years, during which period he functioned as the Country Managing Partner for over a decade. He has worked with Ernst & Young‘s Far East Area Executive Committee, the Area Advisory Council and served on the ASEAN Leadership Committee. He has served as a former President of the Institute of Chartered Accountants of Sri Lanka (2002/2003) and the Chartered Institute of Management Accountants, Sri Lanka (1995/1996) and has also served as the Chairman of the Statutory Accounting Standards Committee, the Auditing Standards Committee, the Urgent Issues Task Force and the Examinations Committee of the Institute of Chartered Accountants of Sri Lanka. Mr. Talwatte has been closely associated with the development of Corporate Governance in Sri Lanka. He was actively involved in the development of the Code of Best Practice on Corporate Governance of 2013 of ICASL. In 2012 Mr. Talwatte co-chaired a Committee on Corporate Governance jointly set up by the ICASL and the Securities and Exchange Commission of Sri Lanka to review and revise the Code of Best Practice on Corporate Governance 2013. He chaired the Committee set up by the Institute of Chartered Accountants of Sri Lanka to review and revise the Code of Corporate Governance issued in 2017. He also represents ICASL and chairs the Integrated Reporting Council of Sri Lanka. He has served as a Director of People’s Bank and the SME Bank and functions as the Chairman of Management Systems (Pvt) Ltd. and serves on the Boards of several other companies including Diesel & Motor Engineering PLC, Sunshine Holdings PLC, Tokyo Cement Lanka PLC, CT Holdings PLC, Chevron Lubricants Lanka PLC and Ceylon Hospitals PLC.