Commercial Leasing & Finance PLC
Mr. Thamotharampillai Sanakan counts for over 20 years of experience at top management levels in multiple industries such as financial services, trading, manufacturing, healthcare and consumer.
Currently, Mr. Sanakan serves as the Group Chief Financial Officer of Browns Group of Companies with the involvement of directing Browns’ business lines for profitability, growth and sustainability, via strategic finance directives. He was directly involved in establishing LOLC Securities Ltd, which deals with capital markets.
Mr. Sanakan previously held the position of Chief Operating Officer at LOLC Securities Ltd and served as a rule-setting committee member of the Securities and Exchange Commission of Sri Lanka.
He excels in the areas of change management, new business start-ups, business process re-engineering, project management and strategic business management. He also serves on the boards of Associated Battery Manufacturers (Ceylon) Ltd., Browns Pharmaceuticals Ltd. and Browns Pharma Ltd. He is an Associate Member of Chartered Institute of Management Accountants of UK and Chartered Global Management Accountants of USA.
This person is not in the org chart
This person is not in any teams
This person is not in any offices
Commercial Leasing & Finance PLC
Commercial Leasing and Finance PLC is a Sri Lanka-based company engaged in leasing, hire purchase, loans, factoring, Islamic financing, micro financing and mobilization of public deposits. The Company's segments include Leasing, Hire Purchase, Loans, Factoring and Others. It offers fixed deposits, CLC savings account, CLC senior citizens account, CLC children's savings account, senior citizens savings and senior citizens fixed deposits. The Company offers leasing solutions to suit its customers' individual requirements. It offers vehicle and equipment leasing. The Company offers CLC FLEXI CASH account. Through its Commercial Factoring unit, the Company offers its clients the opportunity to obtain cash for account receivables, such as credit invoices. The Company, through its Islamic Business Division, offers Mudharabah, Ijarah, Murabaha, Diminishing Musharakah and Wakala Investments. The Company operates through approximately 60 branches in Sri Lanka.