News
A new General Manager CEO for NSB
Ms. Shashi Kandambi, a leading professional in the banking sector, has assumed office as the 19th General Manager/CEO of National Savings Bank (NSB) on 10th January 2024.
Ms. Kandambi was the Senior Deputy General Manager of International Banking at Sampath Bank, where she had a long-standing and successful career. Her banking experience spans over 35 years including 10 years in Corporate Management. She has a proven track record of successfully developing and executing strategic plans, managing financial resources, risk mitigation, and maintaining strict corporate governance standards.
She also has expertise in customer focus, innovation and technology, regulatory compliance, and crisis management. The positions held by her at Sampath Bank include Senior Deputy General Manager – Corporate Banking, and Deputy General Manager – Credit.
She holds an MBA from the Post Graduate Institute of Management, University of Sri Jayewardenepura, a Post-graduate Diploma in Business and Finance from CA Sri Lanka, and a Diploma in Banking from the Institute of Bankers Sri Lanka. She is a director of the Institute of Bankers SL. She is also a past President of the Association of Professional Banks, Sri Lanka.
A simple ceremony was held at the Bank to mark the occasion. Bestowing religious blessings, Chief incumbent of Bambalapitiya Vajiraramaya and Anunayake of Amarapura Sri Dhammarakshitha Nikaya, Most Ven. Thrikunamale Ananda Thero emphasized that the concept of saving, and thrift is significant to empower the country as well as the individuals financially, and National Savings Bank, which carries the mandate of inculcating the habit of saving, since its inception, immensely contributes towards ensuring the financial security of the nation. Most Ven. Thrikunamale Ananda Thero further observed that Ms. Kandambi, as the New General Manager/CEO of National Savings Bank, will strengthen its mission of bringing the population under the savings net.
Addressing the gathering, the Chairperson of the Bank, Dr. Harsha Cabraal PC, reminded us that as a Bank and individuals, we have tread upon a difficult path and now reached the year, 2024, passing yet another year full of challenges, grievances, and hardships.
The employees of the Bank have been the pillar of strength behind the Bank’s resilience and success. Dr. Cabraal warmly welcomed Ms.Kandambi to the NSB family and invited to join hands with the excellent team of employees to take the Bank to greater heights.
Ms. Shashi Kandambi, as the new General Manager/CEO, addressed the gathering and noted that NSB, having more than 4000 service points can achieve a competitive edge, by maintaining the human connection in the service offered by the Bank, while ensuring that the technology is in the forefront of our strategy. She guaranteed her strong commitment and will towards steering the Bank amidst challenges to realize corporate goals. Members of the Board of Directors, Corporate and Executive Management of the Bank, and representatives of the trade unions were present at the event.
News
Opposition blames govt. inaction for severity of disaster impact
The government’s failure to act on expert warnings, including advance forecasts on Cyclone Ditwah, had led to the worsening of disaster impact, Udaya Gammanpila, leader of the Pivithuru Hela Urumaya, said at a press conference in Colombo yesterday.
Gammanpila accused the NPP government of ignoring 14 key preventive measures, despite alerts from the Meteorology Department, foreign experts, and the media.
Gammanpila said the government had failed to lower the water levels in reservoirs, dredge estuaries, and deploy the armed forces for canal maintenance. Local government bodies were reportedly sidelined, and that led to a delay in cleaning of drains. He said the government had also failed to evacuate people in a timely manner from seven districts identified by the National Building Research Organisation as landslide-prone. It had delayed declaring emergencies or curfews and the deployment of tri-forces to evacuate people in such areas.
Gammanpila said an experienced public official should have been appointed as Secretary to the President to mobilise the state machinery swiftly during the disaster. He said the government had not convened the National Disaster Council.
“These failures worsened the disaster, causing immense hardship, disruption, and loss of life and property to the people,” Gammanpila said.
The government has denied the Opposition’s claims.
News
National Archives seeks freezing capacity to ward off mould from vital water-damaged documents
The Department of National Archives Friday made an urgent appeal for freezing capacity to protect from mould vital water damaged documents, particularly irreplaceable public records of legal value saying this would be be time buying exercise before mould destroys them permanently.
Dr. Nadeera Rupesinghe, Director General of National Archives, said in the appeal that “freezing water-damaged documents stops mould growth and stabilizes materials until proper conservation treatment is possible. It buys time.
Without freezing capacity, we will lose vital records, land registries, court documents, historical records, and the evidence millions of citizens need to rebuild their lives.
“These public institutions urgently need access to freezer facilities and mobile freezers across the country. Public records as bound volumes, and bundled records have to be frozen in large quantities. We understand this is an extraordinary request during an already difficult time. We are asking you to provide space in existing freezer facilities on a temporary basis (weeks to months).”
She said if anybody able to provide such facilities without cost, in return, the National Archives can support full documentation of your contribution for CSR reporting and national recognition as a partner in preserving Sri Lanka’s evidentiary landscape.
“These are not abstract historical records. These are the records our citizens need to prove who they are, what they own, and what they are owed. What we stand to lose –
Court records and legal evidence spanning decades
Personnel files affecting pensions and benefits
Financial records required for audits and accountability
Public records essential for maintaining administrative history
Historical documents that tell our national story”
Noting that the business community has always been a partner in Sri Lanka’s development, the National Archives Department asked it to be partners in preserving the documentary foundation on which business, law, and civil society depend.
“Every land transaction, every contract, every court case relies on records. Help us save them,” Rupesinghe said.
If your organisation has freezing capacity you can make available, please immediately contact Mr Anuradha Adikaram, Senior Archivist on 077 6815551 (Available 24 hours) .
The department will coordinate connecting those who can assist with organisations that are searching for freezer facilities.
“Time is the enemy. Every hour without freezing capacity means more records lost to mould. Every day of delay means more families without proof of their homes, their citizenship, their rights. We are asking for freezers, but we are really asking you to help preserve the documentary infrastructure of our nation,” Rupesinghe said.
News
Met Dept. issues fresh weather warning
The Department of Meteorology has warned that rainfall is expected to increase across the country in the coming days as the southwest monsoon becomes more active. From Tuesday, monsoon conditions are expected to persist, with stronger winds likely.
Rainfall is predicted to intensify on Dec. 10, 11, and 12, potentially affecting the Northern, North-Central, Northwestern, Eastern, and Uva provinces, with thunderstorms and rainfall between 75 and 100 mm, Director General of Meteorology Athula Karunanayake said.
Karunanayake added that other areas, including the southeastern region, could also see rain during the day or night, as a disturbance in the Bay of Bengal may further influence the monsoon.
He cautioned that heavy rain would be accompanied by strong winds, creating rough sea conditions. Fishermen and maritime communities are urged to exercise caution and follow official advisories during this period.
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