Team

W Don Barnabas
W Don Barnabas
MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER

Mr. Barnabas is the Managing director and Chief Executive Officer of ICRA Lanka. He has a MBA from Colombo University and a first class B.Sc degree from Madras University. He had been with the NDB Bank group for 20 years, holding many senior positions.  He has also been instrumental/involved in setting up and managing a number of financial institutions for the NDB group. The last position held was as Chief executive Officer/Director of NDB Housing Bank Ltd, a specialized housing Finance subsidiary of the NDB group. Other senior positions held were CEO/Director of NDB Stock Brokers, CEO/Director of Capital Development and Investment Company, a specialized Investment holding company, and Director/Investment Committee member of Ayojona Fund Management company, a venture capital fund Management Company. He was also involved in setting up a Leasing company in the Maldives, at the initiative of the International Finance Corporation (IFC) and NDB Group. He functioned as the first CEO/Director of that Company, Maldives Finance and Leasing Company Limited. After leaving the NDB Group, he has been the CEO of Overseas Realty (Ceylon) PLC, the largest real Estate company in the country.

Amit Kumar Gupta
Amit Kumar Gupta
Director

Mr. Amit Gupta is a full-time Director and General Counsel of ICRA Limited. Mr. Gupta joined ICRA in 2015. He has over 20 years of diverse industry experience mostly insurance and financial services. Prior to joining ICRA, Mr. Gupta worked at Ameriprise Financials, Aviva Life Insurance, Sanlam Investment and Bajaj Allianz managing various responsibilities in the similar domain. Mr. Gupta is on the Board of ICRA Lanka Limited, a wholly owned subsidiary of ICRA. Mr. Gupta is a law graduate and a member of the Institute of Company Secretaries of India.

Danushka Perera
Danushka Perera
HEAD OF CORPORATE

A sector specialist in construction, real estate, power, plantations, agriculture, health, diversified and manufacturing sectors, Danushka heads the corporate sector ratings at ICRA Lanka. During 2019, he was assigned to ICRA India, Chennai for a brief period, which has given him extensive exposure to strategic sectors in India. Danushka has close to 18 years of local and international experiences. He was previously the Chief Executive Officer of ALS Capital Ltd, Zambia, former subsidiary of Anglo American Corporation PLC, Central Africa and a Director of Stockbrokers Zambia (Pvt) Ltd, a subsidiary of IMARA Holdings, South Africa. There, he was involved for landmarked transactions such as the dual listing of Konkola Copper Mines PLC and the exit of PUMA from the Zambian Operations. Danushka has also worked as a Fund Manager for Lomax Investments (Pvt) Ltd, a private equity fund based in Sub-Saharan Africa where he brings his expertise on private equities. His expertise includes the appraisals of new investments and divestment decisions. Moreover, he represented several director boards of the investee companies for strategic involvement. At NDB Group Danushka was a sector specialist in capital markets, plantations, commodities, and finance organizations. He holds BSc(Hons)Engineering from University of Moratuwa, Sri Lanka and a Masters in Development Finance from University of Zambia. Danushka is also a Fellow Member of Chartered Institute of Management Accounts, UK. 

Rasanga Weliwatta
Rasanga Weliwatta
HEAD OF FINANCE

Rasanga is the head of Finance Sector Ratings at ICRA Lanka, where he overlooks bank, NBFI, insurance, and other financial sector ratings.  Specialist in corporate finance, valuation, financial analysis, Rasanga has close to four years of experience in credit rating. Before joining ICRA, he worked as an investment banking analyst at York Street Partners, which is a Sri Lanka focused investment bank, where he worked on numerous financial advisory and fundraising exercises.  He holds B.Sc in Finance degree from the University of Sri Jayewardenepura and a passed finalist of CIMA UK. He also holds a post-graduate diploma in marketing from The Chartered Institute of Marketing (CIM) UK.

Lalinda Sugathadasa
Lalinda Sugathadasa
HEAD OF RESEARCH & BUSINESS DEVELOPMENT

Lalinda is heading the research and business development pillars of ICRA Lanka and responsible for developing the firm’s economic and market perspectives. An economist by trade and an interdisciplinary professional with years of experience in multiple sectors, his professional experience extends to successful consultancies to major private and public organizations in Sri Lanka and international engagements. His research interests include financial economics, macroeconomics and economic modeling and he has contributed to several research publications and think tank activities. He is a long standing executive committee member of Sri Lanka Economic Association (SLEA). Lalinda has appeared in numerous national television programmes to discuss economic issues and frequently writes to national newspapers on topics related to economics. He has been a panelist in several economic forums and commented on the fiscal policy and taxation. Lalinda was also invited to conduct guest lectures on topics related to macroeconomics at University of Colombo.

Apsara Thurairetnam
Apsara Thurairetnam
SENIOR ANALYST

Having over 16 years of experience, Apsara is a sector specialist in the credit ratings related to financial sector companies, including insurance companies, non –banking financial institutions and primary dealers. Having come from a multi-disciplinary background, she has previously worked as an equity analyst, covering companies in the banking and diversified sectors. At Moody’s Analytics Knowledge Services, she supported the asset management division of a multinational bank and gained exposure to various investment vehicles including Mutual Funds and REITs. In addition, she has worked at the Institute of Policy Studies (IPS) in the International Trade Unit and Industry, Public Enterprise Reform and Regulatory Policy Unit as a research officer, and has written papers on the related topics.  She has also worked at KPMG, Ford, Rhodes and Thornton, Colombo. Apsara holds a degree in Economics from the University of Kent, Canterbury, UK. She is currently a Level 3 candidate in the Chartered Financial Analyst (CFA) Programme.

Dasith Fernando
Dasith Fernando
SENIOR ANALYST

Dasith Fernando is a Senior Analyst at ICRA Lanka Limited. He is a sector specialist in the ratings of Banks and Non-Banking Financial Institutions. He holds a B.Sc in Finance from the University of Sri Jayewardenepura and an Associate Member of CIMA UK. Dasith has more than 9 years of experience in Credit rating, Deal Advisory, Finance and Accounting.