Hotline / Complaints: +94 31 222 3999
Head Office: +94 31 222 3456

Our Heritage & Background

Established under the Co-operative Societies Law No. 5 of 1972 during the national co-operative restructuring, the Demo Multi-Purpose Co-operative Society Ltd. was born from the unification of several village co-operatives.

Over five decades of devoted service, our society has expanded into a community anchor: 14 Co-operative Rural Bank branches, 18 Co-op City supermarkets, 2 modern automated fuel filling stations, a 400-seat reception banquet hall, and an extensive social welfare network serving over 35,000 member households.

1972
Year Founded
WP/GM/248
Official Registration
35,000+
Shareholding Families

Our Vision

"To be the foremost model co-operative movement that elevates the economic, social, and cultural standards of our members and community through collaborative solidarity."

Our Mission

"Adhering strictly to international co-operative values, to provide dependable, highly efficient financial, commercial, and welfare solutions that guarantee maximum member satisfaction and enduring financial stability."

Our Core Values

Principles that guide every transaction, loan approval, and social investment we undertake.

Transparency & Public Audit

All financial transactions and administrative decisions remain open to democratic member audit.

Democratic Equality

One Member, One Vote principle ensures every voice carries equal weight regardless of share volume.

Community Commitment

Reinvesting local wealth into education, healthcare, and livelihood support.

50+ Years Reliability

Endorsed and regulated by the Department of Co-operative Development.

The 7 Universal Co-operative Principles

Adopted by the International Co-operative Alliance (ICA) and upheld by Demo MPCS.

1. Voluntary & Open Membership
2. Democratic Member Control
3. Member Economic Participation
4. Autonomy & Independence
5. Education, Training & Information
6. Co-operation among Co-operatives
7. Concern for Community
Co-operative Solidarity
Solidarity & Trust

United in Co-operation

Our democratic foundation ensures every member family shares equally in our social surplus, dividends, and welfare funds.

Board of Directors & Governance

Elected democratically by our general assembly to steward the society's growth and protect member assets.

Mr. K. A. Jayantha Perera ★

Mr. K. A. Jayantha Perera

President / Chairman

Elected Board President steering cooperative governance, strategic expansion, and member trust since 2018.

Mr. M. S. Karunaratne ✓

Mr. M. S. Karunaratne

Vice Chairman

Oversees governance committees, regional branch relations, and agricultural cooperative initiatives.

Mrs. P. D. De Silva ✉

Mrs. P. D. De Silva

Honorary Secretary

Manages statutory society records, AGM assemblies, member correspondence, and board secretarial duties.

Mr. T. H. Gunasekera ❖

Mr. T. H. Gunasekera

Honorary Treasurer

Directs annual budget formulation, statutory audit compliance, and prudent member funds stewardship.

Executive Management Team

Mr. R. M. Bandara ⚙

Mr. R. M. Bandara

General Manager (B.Com, MBA, FCA)

Over 25 years of commercial banking and cooperative management leading society-wide day-to-day operations.

Mr. W. S. Fernando 🏛

Mr. W. S. Fernando

Manager – CRB Banking Division

Directs 14 rural bank branches, deposit mobilization, pawn broking, and grassroots credit programs.

Mr. K. L. Wickramasinghe 🛒

Mr. K. L. Wickramasinghe

Manager – Consumer & Retail Division

Heads 18 Co-op City supermarkets, wholesale distribution networks, and farm-to-shelf bulk procurement.

Mrs. N. A. Siriwardena 📊

Mrs. N. A. Siriwardena

Chief Accountant

Oversees financial integrity, risk management, statutory provincial audits, and annual member dividend allocations.