Shanika Amarasekara appointed FLA director general

The Finance & Leasing Association (FLA) has appointed Shanika Amarasekara MBE as its new director general, succeeding Stephen Haddrill, who retires at the end of July.

Amarasekara is an expert in economic development, innovation, and public policy in the financial services sector.

She most recently served as chief impact officer at the British Business Bank, where she was responsible for policy, strategy, economics, sustainability, and public affairs.

Previously, as general counsel, she played a pivotal role in shaping and executing national finance schemes during the Covid-19 pandemic.

Her earlier career spans influential positions at the International Islamic Liquidity Management Corporation, where she worked on cross-border Islamic finance structures, as well as legal and advisory roles at the Royal Bank of Scotland and Allen & Overy.

Her expertise extends to fintech regulation, green finance, and financial inclusion, both in the UK and internationally.

John Phillipou, chair of the FLA, welcoming her appointment, said: “The Board is immensely pleased to have appointed Shanika to this key role.

“Stephen Haddrill, the outgoing DG, has done a great job modernising the FLA, and Shanika’s breadth of experience, range of contacts and astute industry insights will help shape the next phase of the Association’s development.”

Amarasekara added: “It’s an honour to be joining the FLA at such a pivotal time. The finance and leasing sectors have a powerful role to play in driving sustainable growth, supporting innovation, and delivering fair outcomes for customers.

“The association already has a strong foundation and I’m looking forward to working with the board, members and stakeholders to build even greater impact, visibility and value in the years ahead.”