22nd May 2025: Standard Chartered hosted the ‘Transact Digital – Corporate Masterclass,’ an exclusive industry forum designed to accelerate Sri Lanka’s transition towards a fully digital financial ecosystem.
Held on 22 May 2025 at the Galle Face Hotel, the event aimed to educate senior executives from leading corporations, non-banking financial institutions (NBFIs), and insurance providers on the critical importance and benefits of transitioning from traditional paper-based financial transactions to a fully digital landscape, exploring the transformative potential of digital financial transactions.
Standard Chartered Sri Lanka CEO Bingumal Thewarathanthri, formally inaugurated the masterclass with an opening address that effectively set the tone for the proceedings and underscored the significance of the event. The keynote address at the event was delivered by Dr. Hans Wijayasuriya, Chief Advisor to the Honourable President on Digital Economy. A thought-provoking panel discussion followed featuring industry leaders, including Dinuka Perera, Deputy Chief Executive Officer LankaPay (Pvt) Ltd, Sachit Sahni, Regional Head, Cash Management & Transaction Banking, South Asia, Standard Chartered India, Maduranga Kulathilaka, Chief Financial Officer, Digital Mobility Solutions Lanka (Pvt) Ltd and Suranga Nanayakkara, CEO, MAS Legato (Pvt) Ltd, highlighting the transformative potential of digital transactions in Sri Lanka.
Roger Norton, Executive Director and Country Head, Transaction Banking Sri Lanka, said, “Digital transformation is a cornerstone of Standard Chartered’s strategy. The Masterclass demonstrated Standard Chartered’s strong commitment to driving financial innovation in Sri Lanka while supporting clients in digital transformation. Providing comprehensive education and resources, the Bank empowers organisations to embrace digital solutions that enhance operational efficiency, navigate the evolving financial environment, and achieve sustainable economic growth.”
The master class focused on building awareness around the significant changes and plans initiated by the country’s leadership towards digitising the economy. Participants were able to gain insights into impending changes related to digital clearing and had the opportunity to explore successful client stories from Sri Lanka that highlighted the adoption of digital transactions. Additionally, the event shed light on the advancements being made in India and the wider region in this space, showcasing the global shift towards digital financial solutions.
