Sarvodaya Development Finance PLC appoints Ms. Sashi Adele Schaffter as Non-Executive, Non-Independent Director

Sarvodaya Development Finance PLC has announced the appointment of Ms. Sashi Adele Schaffter as a Non-Executive, Non-Independent Director with effect from 2 April 2026. Ms. Schaffter will represent the shareholder of the Company, Janashakthi Ltd (“JXG”-Janashakthi Group).

Ms. Schaffter brings to the Board a distinctive blend of legal, financial and strategic expertise, underpinned by experience across corporate finance and advisory, strategy, and legal research. Her appointment further strengthens the Board’s capacity to support the Company’s strategic direction and governance priorities as it continues to advance its role within Sri Lanka’s financial services sector.

A UK-qualified Barrister, Ms. Schaffter was called to the Bar of England and Wales at the Honorable Society of the Inner Temple with Distinction. Her professional background reflects a strong interdisciplinary foundation, combining legal training with practical exposure to corporate finance and strategic advisory. 

She currently serves as Vice President - Corporate Finance at First Capital Holdings PLC, where she is part of the First Capital Advisory Services team, and is a strong advocate for financial empowerment and mental health and well-being. In this role, she contributes to the delivery of financial and strategic solutions, with a focus on supporting complex corporate transactions and advisory mandates.

Prior to joining First Capital Holdings PLC, Ms. Schaffter served as Apprentice Director at JXG, where she led Group-level strategic planning initiatives and supported broader efforts aimed at long-term organizational development. Her experience in both financial and strategic functions is expected to add valuable perspective to the Board of Sarvodaya Development Finance PLC.

Ms. Schaffter’s academic credentials further reflect the depth of her professional profile. She holds an LLB (Hons) from SOAS, University of London, and an LLM (Human Rights) from Queen Mary University of London.

Her appointment comes at a time when strong governance, sound strategic oversight and informed financial leadership remain central to the evolving demands of Sri Lanka’s financial landscape. With her background in corporate finance, legal analysis and strategic planning, Ms. Schaffter is well positioned to contribute meaningfully to the Board’s deliberations and to the Company’s continued progress.

Sarvodaya Development Finance PLC welcomes Ms. Schaffter to its Board and looks forward to the insight and value she will bring in supporting the institution’s ongoing growth, governance standards and long-term objectives.