Softlogic Finance PLC appointed Aaron Russell-Davison, deputy chairman of the company as chairman of the company with effect from October 24, 2019 as resolved by the board on 28th of August 2019. The approval has also been granted by the Central Bank of Sri Lanka its letter dated October 24, 2019 to change the designatino of Mr. A Russel-Davison by appointing him as the chairman (non-executive) of the company.