Full spectrum of capital markets covered at UTO EduConsult forum

Apart from Prof. Dissa Bandara’s presentation, the UTO EduConsult Ltd organised Capital markets forum yesterday included a CEO Round Table involving a panel discussion by CEOs of various Financial Institutions. A variety of contemporary topics were covered including Economic Outlook for Sri Lanka, Attracting FDIs into Sri Lanka, Leveraging off Sri Lanka’s potential and Can Sri Lanka be to South Asia what Hong Kong is to China, Singapore is to South East Asia. Speakers were Mafaz Ishaq Director Calamander Group Singapore, Rajendra Theagarajah CEO HNB, Reyaz Mihular Managing Partner KPMG, Krishan Thilekaratne CEO LOLC & CLC and Prakash Schaffter MD/CEO Janashakthi Insurance PLC

Other sessions included  

Increasing market capitalisation in the Colombo Stock Exchange: discussion on the role of private equity, how could large conglomerates and government corporations be enticed to list?would listing enhance longevity for family owned companies? And venture capital- why is it still to take off in Sri Lanka.

Speakers: Shiluka Goonewardena Principal KPMG, Channa De Silva Chairman Capital Venture Lanka, Riyaz Sangani MD Vindullanka PLC, Omar Kayaam CEO Abdeen Holdings, Vajira Wijegunewardena Director CMD Securities & Exchange Commision of Sri Lanka.

Role of Taxation in Capital Markets

Speaker: Suresh Perera Partner KPMG

Introduction of new products: pros and cons of derivatives, permitting of short selling, creating a new market place for Bullion and Commodity Trading.

Speakers: Ishrat Rauff MD/CEO Adl Capital, Naomal Goonewardena Partner Nithya Partners, Namal Kamalfoga Director Surveillance Securities & Exchange Commision of Sri Lanka and Sabri Cader Associate Director Adl Capital

Value of audits in capital market credibility

Speaker: Suren Rajakaier Partner Head of Audit KPMG

Alternate Finance-the growth of Islamic Finance in Sri Lanka: the surge in conventional institutions opening IF windows, Islamic Finance- A conduit of attracting liquidity from Middle East, Leveling the Playing Field-what more needs to be done, sovereign Sukuk-the next step.

Speakers: Azad Zaheed Associate Director Adl capital, Jonathan Alles Deputy CEO HNB, Suresh Perera Partner KPMG, Shiraz Refai Chief Manager Al Falaah, Feroza Ameen Senior Manager IBU Commercial Bank

The Unit Trust Industry

Speaker P. Asokan President Unit Trust Managers Association