Orient Finance PLC announced that Anil Tittawella, an Independent Director has been appointed Chairman of Orient Finance PLC, with effect from June 23, 2020. His appointment follows the stepping down of Dayanath Jayasuriya from his position as Director and Chairman, with effect from June 23, 2020, due to reaching mandatory retirement age limit specified in Central Bank Regulations, on 7th July 2020 and also enabling the new Chairman to lead, in the implementation of the new action plan that was proposed by the Management in the wake of the current strategic initiatives.