CA Sri Lanka Archives - Page 2 of 15

December 19, 2023

Awarded Golds for ‘Corporate Governance Disclosure’ and ‘Digitally Transformative Reporting’ across sectors and receives Gold as best in Banking sector

The Commercial Bank of Ceylon won three Golds and a Bronze at CA Sri Lanka’s ‘TAGS’ Awards 2023 for the Bank’s 2022 Annual Report, excelling in key aspects recognised by the awards programme which is dedicated to Transparency, Accountability, Governance, and Sustainability – TAGS.

The Bank was adjudged the best across all sectors for ‘Corporate Governance Disclosure’ and for Digitally Transformative Reporting’ taking two Golds in the main category awards, and won the Gold for the best annual report in the Banking sector, in addition to taking the Bronze for ‘Overall Excellence in Corporate Reporting.”

Commercial Bank was the only entity to win three Gold awards at this year’s CA Sri Lanka TAGS Awards.

“We are absolutely delighted to win these prestigious awards, which are a fitting reward for the tremendous effort made by our Annual Report team to meet the highest local and global standards in financial reporting,” Commercial Bank Managing Director/CEO Mr Sanath Manatunge commented. “The TAGS awards are particularly important because of their focus on four of the most important pillars of disclosure. Transparency, Accountability, Governance, and Sustainability are embedded in the core values of the Bank and Commercial Bank places extra emphasis on these areas when producing its Annual Report.”

CA Sri Lanka’s Annual Report Awards Competition, which commands a prestigious legacy of more than 57 years, was reconceptualised and rebranded as TAGS Awards in 2022. The 2023 edition saw leading diversified conglomerates, sector-leading corporates, multinationals, SMEs and non-profit organisations being recognised for their commitment to producing outstanding annual corporate reports that go beyond meeting regulatory requirements and also contribute to the broader goals of fostering trust, ethical conduct and environmental stewardship at the 2023 TAGS awards.

Titled ‘In Context, Weathering a perfect storm’ the Commercial Bank’s 2022 annual report is the Bank’s 54^thannual report and presents comprehensive information on all aspects of performance and governance in the backdrop of a series of events of great adversity, which the Bank said had combined to unleash a perfect storm in Sri Lanka. The report elaborates on how the Bank had kept faith in its proven prudence of strategy and adherence to a progressive drive towards enhancements in technology, customer-centric decision making and operational efficiencies to take the Bank forward during a challenging year.

Commercial Bank’s annual reports have consistently been recognised with local and regional awards for many years. The Bank has been awarded the Cyril Gardiner Memorial Trophy presented by CA Sri Lanka for Overall Excellence in Financial Reporting 10 times and has also won the Edmund J. Cooray Memorial Trophy for the Best Annual Report among Banking Institutions presented by CA Sri Lanka on 17 occasions. Commercial Bank’s Annual Report for 2022 also won five awards at the 2023 MerComm ARC Awards, the world’s largest annual report competition.

Sri Lanka’s first 100% carbon neutral bank and the first Sri Lankan bank to be listed among the Top 1000 Banks of the World, Commercial Bank operates a network of 271 branches and 964 automated machines in Sri Lanka, is the largest lender to Sri Lanka’s SME sector and a leader in digital innovation in the country’s Banking sector. Commercial Bank has the widest international footprint among Sri Lankan Banks, with 20 outlets in Bangladesh, a Microfinance company in Nay Pyi Taw, Myanmar, and a fully-fledged Tier I Bank with a majority stake in the Maldives.

December 18, 2023

People’s Leasing & Finance PLC (PLC), a dominant figure in Sri Lanka’s Non-Bank Financial Institutions (NBFI) sector, has once again demonstrated its commitment to excellence in financial reporting by securing the prestigious Silver Award at the CA Sri Lanka TAGS Awards 2023. This esteemed event, celebrated for its focus on transparency, accountability, governance, and sustainability in corporate reporting, was held at the iconic Shangri-La Hotel, Colombo, on December 12, 2023.

This year’s achievement marks a significant milestone for PLC as it continues to receive recognition for its Annual Report 2022/23, titled ‘Multi-Dimensional’. The report’s thematic focus on multidimensional growth and sustainability aligns seamlessly with the company’s dedication to digital advancement and robust corporate governance.

This accolade at the TAGS Awards further complements PLC’s recent triumphs in integrated reporting. Earlier this year, PLC received double honors at the CMA Excellence in Integrated Reporting Awards 2023, securing the “Best Integrated Report – Finance & Leasing – State” and a place among the “Ten Best” Integrated Reports. Additionally, the company made a remarkable impact at the ARC Awards in the USA, bagging three Gold Awards and a Bronze Award, alongside the distinguished Grand Award for Infographics.

Mr. Shamindra Marcelline, CEO of People’s Leasing & Finance PLC, commented on this series of achievements, saying, “Our consistent recognition at such prestigious platforms is a testament to our unwavering commitment to integrated reporting and transparent financial communication. These awards are not just accolades but affirmations of our dedication to excellence and sustainability in all aspects of our operations.”

Mr. Omal Sumanasiri, Assistant General Manager-Finance at PLC, emphasized, “Achieving success at the TAGS Awards, subsequent to our international and national accolades, highlights our standing as a frontrunner in transparent and responsible financial reporting. Our ongoing venture in integrated reporting, initiated in 2014, consistently emphasizes principles like reliability and comparability, steering us toward a sustainable and customer-centric future.”

People’s Leasing & Finance PLC, a subsidiary of the People’s Bank, has been a pioneering force in the financial sector since its inception in 1996. Its commitment to innovation, a diverse range of financial solutions, and a foundation of strong corporate governance has cemented its position as a leader in Sri Lanka’s financial landscape. These consecutive accolades at the national and international levels highlight PLC’s dedication to maintaining the highest standards in financial reporting and corporate transparency.

December 15, 2023

Embracing its role as a world-class professional body, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) continued to expand its global footprint by establishing a new chapter in the United Kingdom.

The CA Sri Lanka United Kingdom Chapter was formally unveiled at a special event in Greater London, in the presence of a large number of CA Sri Lanka qualified Chartered Accountants. The formal launching ceremony was graced by Mr. Sanjaya Bandara, President of CA Sri Lanka.

CA Sri Lanka enjoys a presence of over 150 members in the UK, who are making significant contributions to diverse industries across England, Scotland, Wales, and Northern Ireland.

Designed to be a supportive hub for CA members residing in the United Kingdom, the CA Chapter is poised to elevate their expertise, foster a vibrant platform for sharing invaluable experiences, and promote continuous professional development (CPD). With a key focus on enhancing technical skills, the chapter aims to ensure CA Sri Lanka’s Chartered Accountants meet the mandatory CPD requirements set by CA Sri Lanka, aligning seamlessly with international regulations.

During his address, Mr. Bandara underscored CA Sri Lanka’s strategic global expansion, consciously targeting regions with a substantial concentration of members. “I am optimistic that the establishment of a new CA Sri Lanka Chapter in the United Kingdom will signify the beginning of a mutually enriching relationship, not only within our profession but also as a pivotal link in strengthening the bonds between Sri Lanka and the United Kingdom,” he said.

During his visit to the UK, Mr. Bandara also held meetings with Mr. Malcolm Bacchus, Deputy President of the Institute of Chartered Accountants in England and Wales (ICAEW), and Ms. Ruth Hidalgo of Chartered Accountants Worldwide.

Over the years, CA Sri Lanka has systematically expanded its global presence by establishing chapters around the world, including in Australia, Bahrain, Saudi Arabia, Kuwait, Qatar, UAE, and Canada.

December 5, 2023

In a remarkable demonstration of growth, and community engagement, the Australia Chapter of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) embarked on a journey of expansion and transformation in 2023, united by the inspiring theme of “Broadening the Horizons.” The CA Sri Lanka Australia Chapter has not only achieved impressive milestones during the year, but it has also left an indelible impact on communities in both Sri Lanka and Australia since its establishment in 2020.

The chapter’s most recent remarkable initiative was the launch of the CA Sri Lanka – Australia Scholarship Fund in October this year. This visionary endeavour provides a once-in-a-lifetime opportunity for aspiring Chartered Accountants of CA Sri Lanka to elevate their future careers to new heights. The initiative also stands as a powerful testament to the chapter’s unwavering commitment to nurturing the leaders of tomorrow while making a substantial impact on the evolution of the accounting profession, both within Sri Lanka and on the global stage.

A sponsorship cheque of LKR 1,275,000/- was presented to Mr. Sanjaya Bandara, President of CA Sri Lanka, by Mr. Anuruddha Dias, President of CA Sri Lanka – Australia Chapter, in the presence of the Council and the Scholarship Committee of CA Sri Lanka. This initial investment is expected to provide crucial support to Corporate and Strategic level CA students, assisting them in realising their professional dreams.

Speaking at the event, Mr. Sanjaya Bandara stated, “Within a short period of time, the CA Sri Lanka Australia Chapter has emerged as a beacon of positive change, expanding its horizons and playing a vital role in uplifting communities, especially in Sri Lanka at this crucial juncture. With unwavering dedication to innovation, education, and active community engagement, the Chapter not only impacts the accounting profession positively, but it also helps fulfil the aspirations of future Chartered Accountants.”

In September, the chapter also announced the launch of its very first Members Mentoring Programme. This groundbreaking initiative is designed to empower members, providing a platform for experienced professionals to guide and mentor the next generation of accountants while emphasising the spirit of mentorship and knowledge sharing. Earlier in the year the Chapter launched “New Migrant Starter Pack” to guide newly migrated CA members in settling in Australia.

Anuruddha Dias expressed his gratitude, saying, “We are very grateful that our Chapter has been able to play a proactive role throughout the year, significantly impacting the community and the accounting profession. As we look to the future, the Chapter is poised to ascend to new heights, carrying the flag of both Sri Lanka and CA Sri Lanka high in the land down under so that our members can continue to remain valued partners in the business landscape, and we can continue to play a critical role in helping our country during its time of need.”

Throughout the year, the chapter organised a variety of events, including programmes aimed at upskilling and networking over 1,000 CA Sri Lanka members living and working in Australia, Sri Lanka and other parts of the world. The year 2023 commenced with the Inaugural Chartered Ball, which brought together members for a night of networking and festivity. This event not only marked a joyous occasion but also underscored the chapter’s unwavering commitment to nurturing strong relationships within the Australian community.

Following the ball, the Chapter organised its very first business forum in collaboration with the Sri Lankan Consulate General Office in Melbourne under the timely theme “Reignite Sri Lanka 2023,” which served as a critical platform for members and representatives of Australian businesses to exchange insights, ideas, and strategies for economic growth in Sri Lanka as it continues its efforts to overcome the ongoing economic crisis. The forum showcased the Australian Chapter’s dedication to fostering economic development, promoting thought leadership within its ranks, and going beyond its efforts to help revive the island nation from the current economic crisis.

he establishment of the Investor and Business Relations Committee also underscored the Chapter’s unwavering commitment to continuously support the business community, foster stronger ties with pertinent business chambers, the trade office attaché of the Consulate General Office of Sri Lanka and actively contribute to the economic growth of Sri Lanka.

In May, the Chapter organised its first-ever academic forum, emphasising the significance of education and continuous learning. A distinctive aspect of this event was its post-event collaboration with CA Sri Lanka’s Education and Curriculum Development Committee, which was a testament to the chapter’s unwavering commitment to educational excellence.

During the year, the CA Sri Lanka Australia Chapter continued to expand its footprint by hosting its inaugural in-person Continuing Professional Development (CPD) and Fellowship event in Perth, Western Australia, further strengthening ties with the Australian community. Apart from organising numerous other CPD events on multiple topics, the Chapter also celebrated International Women’s Day in March this year with a CPD event in collaboration with CA Sri Lanka’s Women Empowerment and Leadership Development Committee, which showcased the Chapter’s commitment to gender diversity and women’s leadership in the accounting field.

December 5, 2023

The Association of Public Finance Accountants of Sri Lanka (APFASL), which is the public sector wing of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) showcased the pinnacle of financial reporting excellence in the public sector with the announcement of the winners for the seventh annual Best Annual Report & Accounts (BARA) awards competition at a grand event held at the BMICH, Colombo, on 04th December 2023.

This year’s competition, based on the financial accounts of 2022, received an overwhelming response, with a record-breaking 238 entries. The BARA Awards, the flagship event organised by APFASL, aim to promote and uphold financial accounting and reporting standards in Sri Lanka, contributing to the enhancement of the overall quality of public financial management in the country.

The competition featured twelve categories covering both central government and local government institutions. Evaluation criteria included adherence to Ministry of Finance circulars related to financial account preparation and presentation, as well as compliance with Sri Lanka Public Sector Accounting standards.

A total of 12 Gold, 17 Silver, and 12 Bronze awards were awarded among the participating public sector organisations. Additionally, 154 entities received “compliance” recognition, while 41 were acknowledged for their “active participation” in the competition.

The coveted titles of overall winners were awarded to six outstanding institutions from both the central government and provincial categories. The University of Sri Jayewardenepura claimed the gold award in the Central Government category, showcasing exceptional financial reporting practices, while the Southern Provincial Council emerged triumphant in the Local Government category, securing the top position.

The awards ceremony was graced by the presence of Mr. Niel Asoka Ranjith, Secretary to the Ministry of Public Administration, Home Affairs, Provincial Councils, and Local Government, who served as the chief guest. The other notable dignitaries in attendance included Mr. Sujeewa Rajapakse, Chairman of People’s Bank, Mr. Sanjaya Bandara, President of CA Sri Lanka, Mr. Heshana Kuruppu, Vice President of CA Sri Lanka, and Mr. V. Kanagasabapathy, President of APFASL. The event drew over 400 invitees, representing the participating entities of this year’s competition.

The BARA awards ceremony stands as a testament to the commitment of Sri Lanka’s public sector institutions to uphold the highest standards of financial reporting, contributing to the transparency and accountability of public finances in the nation. Congratulations to all the winners for their outstanding achievements in the 2023 BARA Awards competition.

November 30, 2023

The Colombo Stock Exchange (CSE) reaffirmed its steadfast support for the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) by once again stepping into the role of Strategic Partner for the TAGS Awards for the ninth consecutive year. This enduring partnership is a testament to the CSE’s commitment to empowering the TAGS Awards and corporate reporting.

Formerly recognised as the Annual Report Awards, the TAGS Awards have undergone a transformation while retaining their illustrious legacy. Spanning over half a century, the awards in its 58^th year takes center stage in recognising excellence in financial and non-financial reporting within entities in Sri Lanka.

The sponsorship was presented to the President of CA Sri Lanka Mr. Sanjaya Bandara, by the Director of the Colombo Stock Exchange Mr. Arjuna Herath, in the presence of CA Sri Lanka’s Vice President, Mr. Heshana Kuruppu, Chairman of the TAGS Awards Committee Mr. Thivanka Jayasinghe, Alternate Chair of the TAGS Awards Committee Ms. Chamila Cooray and Chief Executive Officer of CSE Mr. Rajeeva Bandaranaike.

In its forthcoming edition, the TAGS Awards 2023 will commend top-performing organisations in Sri Lanka, ranging from multinationals to conglomerates and SMEs. The awards will acknowledge their dedication to transparency, accountability, governance, and sustainability through the publication of insightful and comprehensive Annual Reports.

The grand finale of the TAGS Awards 2023 will be held on 12th December 2023 at the Shangri-La Hotel in Colombo with the participation of representatives from the esteemed business and professional community.

November 16, 2023

The streets of Colombo came alive on Saturday, as the highly anticipated ‘Walk the World of Numbers’ parade, hosted by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), unfolded from Malalasekera Mawatha to Viharamahadevi Park in Colombo 7.

The grand parade, dedicated to marking International Accounting Day, saw an impressive turnout of Chartered Accountants, Accounting Professionals, and enthusiastic students, who transformed the parade into a joyous spectacle of unity and camaraderie.

The event was inaugurated by the President of CA Sri Lanka, Mr. Sanjaya Bandara, in the presence of Vice President Mr. Heshana Kuruppu, Members of the Council, acting CEO Ms. Lakmali Priyangika, and representatives from other accounting bodies. The colourful parade, symbolising the journey of numbers and the integral role of accountants, set off with an air of excitement and purpose.

As the procession wound its way through the streets of Colombo, it became a visual testament to the collective strength of the accounting community in the country. The parade, a display of unity, highlighted the crucial role accountants play in ensuring financial well-being and upholding the integrity of the profession, not only in Sri Lanka but across the globe.

The grand finale at Viharamahadevi Park was marked by a symbolic gesture, which was the planting of a “Murutha Tree” by Mr. Sanjaya Bandara, an act which embodied the values of growth, stability, and sustainability within the profession. The parade was formally concluded as hundreds of balloons were released into the sky, to symbolise the unity and strength of the accounting profession.

November 7, 2023

In a significant milestone, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) together with its Business School celebrated the grand inauguration of their highly anticipated Master of Business Administration (MBA) programme, setting the stage for professional excellence.

The inaugural intake of the CA Sri Lanka world-class MBA programme in October showcased an impressive number of registrations, demonstrating a rich diversity among participants, which included CEOs, CFOs, managers, auditors, executives, lawyers, and professionals representing multiple sectors such as FMCG, apparel, and the hospitality industry, among others.

The inauguration was graced by Mr. Bingumal Thewarathanthri, Chief Executive Officer of Standard Chartered Bank Sri Lanka, Mr. Sanjaya Bandara, President of CA Sri Lanka, Mr. Heshana Kuruppu, Vice President of CA Sri Lanka, Mr. Laknath Jayawickrama, Chairman of the CA Business School, as well as Council Members and Ms. Lakmali Priyangika, acting Chief Executive Officer of CA Sri Lanka.

Speaking at the event, Mr. Bandara said that year after year, CA Sri Lanka has dedicated itself to elevating the professional standards of Chartered Accountants as well as non-accounting professionals to ensure that the Institute’s professional benchmarks align with international excellence. “The introduction of CA Sri Lanka’s MBA programme is part of our ongoing mission to foster the growth of visionary business leaders capable of reshaping and sustaining businesses amidst an increasingly competitive landscape.”

Mr. Jayawickrama emphasised that the MBA curriculum was meticulously crafted by a team of distinguished professionals and academics, and it strikes a delicate balance between industry demands, and also aligns with the Sri Lanka Qualification Framework (SLQF). He added that CA Sri Lanka is poised to provide new management knowledge and paradigms in the years to come and act as an important agent of change management, providing intellectual capital for industry through this MBA.

The two-year programme, approved by both the University Grants Commission (UGC) and the Ministry of Education (MOE), offers a flexible learning experience through a hybrid delivery mode, which combines online and physical classes to ensure accessibility for all. Furthermore, the MBA also adheres to the Sri Lanka Qualifications Framework (SLQF) at Level 10, guaranteeing the highest quality of education. Further, students will also have the opportunity to learn from industry professionals who bring real-world insights into the classroom, providing a dynamic and enriching educational experience, in addition to top-notch classroom facilities that support a conducive learning environment.

Over two decades ago, the CA Sri Lanka Business School was founded with a clear mission: to provide a forward-thinking and creative curriculum that nurtures business leaders capable of building, innovating, and sustaining successful organizations. Today, the CA Sri Lanka Business School offers a diverse range of qualifications, both locally and internationally recognised, including MBAs, postgraduate and executive diplomas, executive programmes, and masterclasses. Renowned for its contemporary executive and postgraduate education, the CA Business School has earned a reputation for facilitating the professional advancement of executives and stands out as one of the few business schools in the country to offer a variety of recognised local and international MBA programmes, all under one roof.

November 2, 2023

In a remarkable demonstration of growth and community engagement, the Australia Chapter of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) embarked on a journey of expansion and transformation in 2023, united by the inspiring theme of “Broadening the Horizons.” The CA Sri Lanka Australia Chapter has not only achieved impressive milestones during the year, but it has also left an indelible impact on communities in both Sri Lanka and Australia since its establishment in 2020.

The Chapter’s most recent remarkable initiative was the launch of the CA Sri Lanka – Australia Scholarship Fund in October this year. This visionary endeavour provides a once-in-a-lifetime opportunity for aspiring Chartered Accountants of CA Sri Lanka to elevate their future careers to new heights. The initiative also stands as a powerful testament to the Chapter’s unwavering commitment to nurturing the leaders of tomorrow while making a substantial impact on the evolution of the accounting profession, both within Sri Lanka and on the global stage.

A sponsorship cheque of LKR 1,275,000/- was presented to Mr. Sanjaya Bandara, President of CA Sri Lanka, by Mr. Anuruddha Dias, President of CA Sri Lanka – Australia Chapter, in Colombo in the presence of the Council and the Scholarship Committee of CA Sri Lanka. This initial investment is expected to provide crucial support to Corporate and Strategic Level CA students in assisting them to realise their professional dreams.

Speaking at the event, Mr. Sanjaya Bandara stated, “Within a short period of time, the CA Sri Lanka – Australia Chapter has emerged as a beacon of positive change, expanding its horizons and playing a vital role in uplifting communities, especially in Sri Lanka at this crucial juncture. With unwavering dedication to innovation, education, and active community engagement, the Chapter not only impacts the accounting profession positively, but it also helps fulfil the aspirations of future Chartered Accountants.”

In September, the chapter also announced the launch of its very first Members Mentoring Programme. This groundbreaking initiative is designed to empower members, providing a platform for experienced professionals to guide and mentor the next generation of accountants while emphasising the spirit of mentorship and knowledge sharing. Earlier in the year, the Chapter launched the “New Migrant Starter Pack” to guide newly migrated CA members in settling down in Australia.

Mr. Anuruddha Dias expressed his gratitude, saying, “We are very grateful that our Chapter has been able to play a proactive role throughout the year, significantly impacting the community and the accounting profession. As we look to the future, the Chapter is poised to ascend to new heights, carrying the flag of both Sri Lanka and CA Sri Lanka high in the land down under so that our members can continue to remain valued partners in the business landscape, and we can continue to play a critical role in helping our country during its time of need.”

Throughout the year, the chapter organised a variety of events, including programmes aimed at upskilling and networking over 1000 CA Sri Lanka members living and working in Australia, Sri Lanka, and other parts of the world. The year 2023 commenced with the Inaugural Chartered Ball, which brought together members for a night of networking and festivity. This event not only marked a joyous occasion but also underscored the Chapter’s unwavering commitment to nurturing strong relationships within the Australian community.

Following the ball, the Chapter organised its very first business forum in Melbourne under the timely theme “Reignite Sri Lanka 2023,” which served as a critical platform for members and representatives of Australian businesses to exchange insights, ideas, and strategies for economic growth in Sri Lanka as it continues its efforts to overcome the ongoing economic crisis. The forum showcased the Australian Chapter’s dedication to fostering economic development, promoting thought leadership within its ranks, and going beyond its efforts to help revive the island nation from the current economic crisis.

The establishment of the Investor and Business Relations Committee also underscored the Chapter’s unwavering commitment to continuously support the business community, foster stronger ties with pertinent business chambers, and actively contribute to the economic growth of Sri Lanka.

During the year, the CA Sri Lanka Australia Chapter continued to expand its footprint by hosting its inaugural in-person Continuing Professional Development (CPD) and fellowship event in Perth, Western Australia, further strengthening ties with the Australian community. Apart from organising numerous other CPD events on multiple topics, the Chapter also celebrated International Women’s Day in March this year with a CPD event in collaboration with CA Sri Lanka’s Women Empowerment and Leadership Development Committee, which showcased the Chapter’s commitment to gender diversity and women’s leadership in the accounting field.

The Executive Committee is the governing body of the CA Australia Chapter and consists of 15 members who play a vital role in setting the vision and mission and executing the strategy and roadmap of the chapter. For more information, please visit https://caslaustralia.org.au/

October 19, 2023

Over 2,000 Chartered Accountants including business leaders and c-suite executives embarked on an exhilarating journey at the 44th National Conference of Chartered Accountants organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) early this month.

Under the theme, ‘Beyond the Perfect Storm: Seizing the Opportunity,’ delegates at the Monarch Imperial immersed themselves in a mesmerizing array of sessions, unveiling the intricate world of finance and accounting in an ever-evolving global landscape. During two days of technical sessions, renowned experts of both local and international repute, presented an exclusive opportunity for attendees to gain knowledge, exchange insights, and explore the latest advancements in their respective fields while addressing contemporary and future challenges across the professional, corporate, and economic spheres.

The first session, titled “Facing the Storm with Courage,” showcased Dr. Mohit D Gupta, Professor of Cardiology at GB Pant Hospital in New Delhi, India. The second session, “Leveraging AI and Digitalization,” featured experts Jayantha Fernando, Partner at Heritage Partners and Director at the Colombo Stock Exchange and Sri Lanka CERT, alongside Sharon van Rooyen, Forensic & Integrity Services Leader at EY Africa. Steering the third session on “Seizing Opportunities in Agri & Healthcare Industries” were Senarath Kiriwaththuduwage, Director at Hayleys Agriculture Holdings Limited (HAHL), and Chief Executive Officer of Crop Protection and Planting Material Business at HAHL, and Suneth Haputhanthri, General Manager at Hemas Hospitals and Laboratories.

The fourth session, “Sustainable Growth with Blue Horizons & Green Opportunities,” featured Prof. P.B. Terney Pradeep Kumara, Professor in Oceanography, Department of Oceanography & Marine Geology, University of Ruhuna and Director, Centre for International Affairs (CINTA), University of Ruhuna and Dr. Sonali Senaratna Sellamuttu, Country Representative Sri Lanka, Global Green Growth Institute (GGGI). The fifth session, “Journey of a Dreamer,” showcased a dynamic lineup of speakers, including Sahan Clive Bakmiwewa, Group Chief Executive Officer of Silk Route Ventures; Irfan Thassim, Founder and Managing Director of Oceanpick Private Limited; Kalana Muthumuni, Chief Executive Officer of Hyperglade; and Thushari Weerakoon, Managing Director of Ramya Horticulture Private Limited.

The three-day mega conference culminated with a fireside chat, where experts from diverse sectors and industries engaged in thought-provoking conversations to broaden participants’ perspectives. The panel included Shiromal Cooray, Chairperson and Managing Director of Jetwing Travels; Duminda Hulangamuwa, Country Managing Partner at Ernst & Young and Chairman of the Ceylon Chamber of Commerce; Dhananath Fernando, Chief Executive Officer of the Advocata Institute; and Naresh Abeyesekera, Chief Executive Officer of SECQUORO and Board Director of Bank of Ceylon.

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ComBank tops Gold tally with triple at CA Sri Lanka TAGS Awards 2023

People’s Leasing & Finance PLC Clinches Silver at the CA Sri Lanka TAGS Awards 2023

CA Sri Lanka expands its presence in the United Kingdom with new overseas chapter

CA Sri Lanka’s Australia Chapter soars high by expanding horizons and uplifting communities

CA Sri Lanka’s APFASL highlights the epitome of financial excellence in the public sector at 7th BARA Awards

Colombo Stock Exchange renews commitment as Strategic Partner for CA Sri Lanka’s TAGS Awards 2023

Over 1000 Accountants and Students join CA Sri Lanka’s spectacular ‘Walk the World of Numbers’ parade

CA Sri Lanka Business School sets the stage for professional excellence with its inaugural MBA intake

CA Sri Lanka’s Australia Chapter soars high by expanding horizons and uplifting communities

Kaleidoscope into the Technical Sessions of CA Sri Lanka’s 44th National Conference