On behalf of client Senkadagala Finance PLC, M & S Managers & Secretaries (Private) Limited announced that Mr. Chandra Lal de Alwis has tendered his resignation as a director/Chairman of the company with effect from June 5, 2013, on reaching 70 years of age, the maximum being permitted by the Central Bank's Direction no. 3 of 2008. Dr. Prathap Ramanujam has been appointed as Interim Chairman of the company with effect from June 6, 2013.