CMI-KPMG Evening Presentation to discuss way forward on proposed financial sector consolidation
Thursday, 6 February 2014 00:00
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The Central Bank’s Road Map for 2014 and a subsequent policy paper issued by the regulator indicate that the consolidation of financial institutions is a key feature of the Monetary and Financial Sector Policies for 2014 and beyond. Many financial institutions are reported to be considering leveraging on the new proposal, as the country prepares for a stronger financial sector.
The Chartered Management Institute (CMI) – UK’s Sri Lanka Branch announced its sixth knowledge sharing event organised in collaboration with exclusive knowledge partner, KPMG in Sri Lanka. The event captioned ‘The Way Forward: Proposed Consolidation of Financial Institutions’ will bring together corporate leaders to discuss organisational and industry related implications of the Central Bank’s proposal.
The event is to include presentations on the topic by Dinesh Weerakkody, Chairman of Commercial Bank of Ceylon Plc and KPMG in Sri Lanka’s subject matter specialists including, Priyanka Jayatilake, Partner – Head of Advisory, Shiluka Goonewardene, Principal – Transactions & Restructuring and Suresh Perera, Principal – Tax and Regulatory.
The evening will also feature an interactive discussion with an eminent panel of corporate leaders and professionals including C.P.J. Siriwardene – Assistant Governor, Central Bank of Sri Lanka, Nalin Wijekoon – Chairman, Finance Houses Association of Sri Lanka, D.P. Kumarage – Chief Executive Officer, People’s Leasing Company Ltd., and Aravinda Perera – Managing Director, Sampath Bank PLC
Commenting on the event, Rohitha Mendis, President of CMI’s Sri Lanka branch, said: “The discussion sheds light on a topic that has gathered momentum over the past few weeks as reports of proposed mergers and acquisitions within banking and non-banking financial institutions take centre-stage. Our objective of organising this event is to discuss the implications of this development.”
The event is to take place on Wednesday 19 February from 5 to 7:30 p.m. at the Galadari Hotel in Colombo. For further information and registration, please contact Ajantha Jayawardena – +94710676600 or [email protected] or [email protected] and Helanka Vacations, Level six, Access towers, MICE Div. +94716838339.
