PMF Finance appoints Prof. Ajith Medis as Chief Executive Officer

Prof. Ajith Medis

PMF Finance PLC is proud to announce the appointment of Prof. Ajith Medis as the new Chief Executive Officer, effective immediately. Prof. Medis brings over 30 years of experience in the banking and financial services industry, coupled with an impressive academic and professional background that will undoubtedly contribute to the company’s growth and strategic direction.

With an extensive career in the financial sector, Prof. Ajith Medis has held key leadership roles that have shaped his deep understanding of finance, operations, and strategic management. Prior to joining PMF Finance, Prof. Medis served as a lecturer at the University of Kelaniya for over two decades. His industry experience includes serving as Senior Manager at Peoples’ Merchant Bank PLC, as a Marketing Executive at Lanka Orix Leasing Company PLC, and as a Management Trainee at Mitsui & Co.; Prof. Medis’s contributions to the finance sector extend beyond his direct roles. He has served as a Director at Alliance Finance PLC and as a Board Member for several non-financial sector firms. Further, he has contributed to the upliftment of over 20 NBSL sector firms by way of consulting and coaching. His expertise spans a broad range of areas, including branch operations, sales, recoveries, deposit mobilisation, and leasing and gold loan facilities. His strategic insights have helped shape business transformations and operational excellence for many organisations across Sri Lanka.

Prof. Medis holds a Bachelor of Commerce (Special) Hons. Degree from the University of Kelaniya, an MBA from the Postgraduate Institute of Management (PIM), University of Sri Jayawardenepura, and a PhD in Strategy from the Management and Science University of Malaysia. His academic credentials, combined with his practical expertise, have made him a sought-after consultant in the finance industry, where he has provided strategic guidance to over 20 finance companies in various capacities.

In his new role as Chief Executive Officer at PMF Finance, Prof. Medis will be responsible for overseeing the company’s day-to-day operations while spearheading its long-term strategic initiatives. He is expected to drive operational efficiency, optimise financial services, and lead the company’s efforts in expanding its market presence.

PMF Finance Chairman Chandula Abeywickrama, commented, “We are thrilled to have Prof. Ajith Medis join the leadership team at PMF Finance. His extensive industry experience, academic insights, and strategic mindset make him the ideal leader to guide our operations and execute our vision for the future. With his leadership, we are confident that PMF Finance will continue to grow and achieve new milestones.”

Prof. Ajith Medis’s appointment underscores PMF Finance’s commitment to strengthening its leadership team with seasoned professionals who can help shape the company’s future and support its continued growth in the financial services sector. His strategic approach and operational expertise are well-aligned with PMF Finance’s vision to expand its market presence while offering innovative financial solutions to its customers.

Prof. Medis expressed his enthusiasm for the new role, stating, “I am honoured to join PMF Finance at such a pivotal moment in its growth journey. I look forward to working closely with the team to enhance our operations, drive innovation, and deliver exceptional value to our customers and stakeholders.”

With this appointment, PMF Finance takes another step toward realising its goals of operational excellence and strategic growth, further cementing its position as a leading financial institution in Sri Lanka.