Asia Asset Finance PLC (AAF) has announced the appointment of Kokila Perera as Chief Financial Officer (CFO) and Waruni Perera as Deputy General Manager – Risk, reinforcing its focus on governance, financial resilience and sustainable growth.

The appointments mark a significant milestone in the company’s 55-year history, coming at a time of expansion, digital transformation and increasing regulatory complexity within Sri Lanka’s financial services sector. The move also strengthens female representation at senior level, with women accounting for 50% of AAF’s senior management.

At AAF, women currently head several key governance and control functions, including Human Resources, Risk Management, Finance, Compliance, Policy and Planning, Sustainability, Legal Advisory and the Office of the Company Secretary—areas central to regulatory oversight and long-term institutional stability.

Kokila Perera brings over 25 years of experience spanning audit, taxation, corporate finance and regulated financial services. A Fellow Member of the Institute of Chartered Accountants of Sri Lanka, she has previously held senior roles at Zephyr Solutions (Pvt) Ltd, LCB Finance PLC, SDB Bank PLC, The Finance Company PLC and PricewaterhouseCoopers Sri Lanka. Her appointment is expected to support the company’s continued emphasis on balance-sheet strength, transparency and sustainable value creation.

Waruni Perera, who assumed duties in January 2026, has more than 14 years of experience in finance and risk management. Prior to joining AAF, she served as Associate Director – NBFIs (Asia-Pacific) at Fitch Ratings Lanka Limited and previously held senior risk leadership roles at LB Finance PLC. She will oversee enterprise-wide risk governance and support informed decision-making at board and management level.

Backed by Muthoot Finance and holding a Fitch Ratings Lanka Limited A+(lka) rating, AAF operates an islandwide network of over 100 branches, offering fixed deposits, leasing, mortgages, gold loans and digital finance services.

The company stated that the appointments reflect its strategic commitment to prudent risk management, institutional stability and leadership excellence within Sri Lanka’s non-bank financial sector.