Eastman Narangoda takes the helm of George Steuart Finance PLC
Thursday, 5 December 2013 00:00
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Signifying a milestone in the history of the company, veteran banker Eastman Narangoda assumed office as Chairman of George Steuart Finance PLC. To mark this momentous occasion, a pirith chanting ceremony was organised at the company’s head quarters located at Station Road, Colpetty.
Speaking on the occasion Narangoda expressed his optimism about the company and its ability to transform in the near future, into a strong and vibrant financial solutions provider, setting an example to the industry which is faced with great challenges in the modern world.
Established in 2004 as a dedicated leasing company named Asia Commerce Ltd., the company became a leasing and finance company in 2005. In 2011, changing its name to take on the strong brand association of George Steuart & Company, the company transformed into George Steuart Finance PLC (GS Finance) a fully fledged finance company. Today, backed by sound financial management and far reaching developmental goals, the company is at the threshold of an aggressive growth phase.
GS Finance offers a basket of financial products and services that are tailor made to create new growth opportunities for the people of Sri Lanka. Aspiring to be a partner in a customer’s development and improvement, GS Finance has seven branches in Colombo, Kandy, Kurunegala, Wennappuwa, Negombo, Gampaha and Kalutara. A rapid branch expansion programme is underway to reach out across the country.
George Steuart Group Chairman Dilith Jayaweera addressing the gathering reiterated the group’s commitment to build the nation through the empowerment of local communities and entrepreneurs, by extending financial support. The credo of the group “believe”, underlines the growth trajectory of the corporate entity and the vision to create wealth for the nation.
Emphasising the importance of good governance, transparency and integrity both Narangoda and Jayaweera expressed their sentiments and commitment towards upholding principles of best practices and growing the company through ethical processes.
The GS Finance team welcomed Narangoda warmly and expressed their commitment to contribute their best resources to build a formidable team under his stewardship.
On 5 December as the company moves to newer and better branch premises in Gampaha, the team stands committed to take the company to new heights of success and industry leadership.
