Professional banker Shashi Kandambi appointed as LSUG Chairperson

Seated from left:  Union Bank Treasurer Myura Balamurali, Commercial Bank Vice Chairperson B.A.H.S. Preena, Sampath Bank Chairperson Shashi Kandambi Jassim, Seylan Bank Former Chairperson Roshan Wanduragala, NTB Secretary Shiyamal De Silva

Standing from left: Commercial Bank Assistant Treasurer Dharshika Fernando, People’s Bank D.A.K. Wijenanda, Standard Chartered Bank Hareendra Jayasundara, HNB Aruna Sumanasinghe. 

Absent:  NSB Assistant to Secretary Susil Kumara and Capital Alliance Dilan Fernando 

Sampath Bank Senior Deputy General Manager – International Banking Shashi Kandambi was elected as Sri Lanka SWIFT User Group and National Member Group Chairperson at the Extraordinary General Meeting held on 17 October 2023 along with a new Executive Council for 2023/24.

The objective of the Lanka SWIFT User Group is to serve its members which comprise SWIFT user Banks and Finance Companies including reviewing technical developments and their implications coordinating activities of members and facilitate a forum to resolve any issues that may arise and maintain contact with SWIFT user groups of other countries. 

As an elected representative of the SWIFT, the Chairperson is the focal point of contact between the SWIFT and the local SWIFT community.  

In this important role, the new Chairperson together with the Executive Council is expected to address a wide range of topics with key areas of engagement and collaboration, focusing on ISO 20022 readiness, adoption of SWIFT’s global payment initiatives such as “SWIFT Go” and Revalidation to name a few.