People's Leasing & Finance PLC announced that Mr. Michael Pradeep Amirthanayagam who functioned as Non-Executive Independent Director/Chairman of People's Leasing & Finance PLC has resigned from the said post with effect from 19th February 2020. The said resignation was approved by the Director, Department of Supervision of Non-Bank Financial Institutions of the Central Bank of Sri Lanka by his letter dated 19th February 2020. Ranjith Kodituwakku, Non-Executive Non-Independent Director and Mahawelage Anthony Bonniface Silva, Non-Executive Non-Independent Director resigned from the post of Director of the company with effect from February 19, 2020.