Business
Deshabandu Tilak De Zoysa joins OrphanCare Trustee Board
Deshabandu Tilak De Zoysa has joined the Independent Board of Trustees of OrphanCare. Established and managed as an independent trust, OrphanCare aims at addressing a very important yet mostly unattended need of orphan children; which is to secure the fate of orphans once they reach the age of 18 and are compelled to leave institutional care. All OrphanCare activities and operations are fully sponsored by Amãna Bank.
A well-known figure in the Sri Lankan business community, Tilak de Zoysa, also known for his humanitarian work, is the chairman of HelpAge, Sri Lanka’s leading NGO supporting disadvantaged senior citizens. Being the Global Ambassador and Past Chairman of HelpAge International (UK) and in recognition of his services to the country through various philanthropic and meritorious projects, Tilak de Zoysa was conferred the title of Deshabandu by the President of Sri Lanka. He is also the recipient of “The Order of the Rising Sun – Gold Rays with Neck Ribbon” conferred by the Emperor of Japan. Tilak was also recognized by LMD in their Lifetime Achievers Award for 2017.
Tilak currently is the chairman of Carsons Cumberbatch PLC, Associated CEAT (Pvt) Ltd, Amaya Hotels and Resorts USA (Radisson), Jetwing Zinc Journey Lanka (Pvt) Ltd, Trinity Steel (Pvt) Ltd, CG Corp Global Sri Lanka and Sasakawa Memorial Sri Lanka Japan Cultural Centre Trust. He is currently an Advisor to the Al- Futtaim Group of Companies in Sri Lanka, who are the principals of AMW, in which Tilak chairs the Supervisory Board. He is also the Vice Chairman of CEAT Kelani Holdings (Pvt) Ltd, Orient Insurance Ltd, and serves on the Boards of several listed and private Companies which include Tal Lanka Hotels PLC (Taj), Tal Hotels and Resorts Ltd, Nawaloka Hospitals PLC, Associated Electrical Corporation Ltd, INOAC Polymer Lanka (Pvt) Ltd, Cinnovation INC, and Varun Beverages Lanka (Pvt) Ltd (Pepsi).
Tilak de Zoysa was the Past President of the Colombo YMBA and past Chairman of the Ceylon Chamber of Commerce and the National Chamber of Commerce of Sri Lanka. He also served as a Member of the Monetary Board of Sri Lanka from 2003 to 2009.
Sharing his views on joining the OrphanCare Trust Tilak de Zoysa said “As the Chairman of Helpage Sri Lanka for the past two decades and having served for two years as the Chairman of HelpAge International (HAI) UK, my primary focus and objective, has always been, to improve the quality of life, of the under privileged ‘Elderly Citizens’ of Sri Lanka. I am now eagerly looking forward to working with the commendable ‘OrphanCare Trust’ which has been providing the much required love and care, to our most unfortunate Orphans of our Country.”
Commenting on Tilak De Zoysa joining the Board of Trustees, OrphanCare Trust Chairman Ruzly Hussain said “We are very honoured to have a person of Tilak’s caliber joining to support our cause. I am confident that along with his multitude of experience in managing many charitable projects across the globe, OrphanCare is in good hands to grow and support the vulnerable orphan children.”
Tilak de Zoysa will be joining the OrphanCare Trust which constitute as follows: Chairman of the Trust Mr Ruzly Hussain (founder of the Roteract movement in Sri Lanka), Mr Osman Kassim (Founder Chairman Amãna Bank) Mr K R Ravindran (Chairman, Board of Trustees of Rotary Foundation and former Rotary International president), Mr Rohan Tudawe – Treasurer (Chairman Tudawe Brothers), Mr Sharad Amalean (Co-founder MAS Holdings), Mr Tyeab Akbarally (Senior Director Akbar Brothers) Mr Harsha Amarasekera (President’s Counsel and Chairman CIC Holdings), Mr Jazri Magdon Ismail (Past President AAT) and Mohamed Azmeer (CEO Amãna Bank).
Despite the challenging circumstances, OrphanCare to date, has enrolled over 3,000 orphans from across 80+ orphanages and has completed seven rounds of uninterrupted quarterly fund disbursements to recipient accounts. The project has been lauded both locally and internationally which is testified by Amãna Bank winning the CSR Bank of the Year Sri Lanka at Global Banking & Finance Awards, Best Social Upliftment Project at the SLIBFI Awards, Best CSR Project at the south-asian based IFFSA Awards and the Social Responsible Bank of the Year at the IRB Awards.
Business
HNB Finance bags 2 CMA Reporting Awards 2025
HNB Finance PLC has been honoured with two prestigious accolades at the CMA Excellence in Integrated Reporting Awards 2025, reaffirming the company’s commitment to transparency, good governance, and integrated business performance.
At this year’s ceremony, HNB Finance PLC was awarded Second Runner Up – joint in the category of “Best Integrated Report , Finance and Leasing Sector”, and also received a Merit Award in recognition of its continued efforts to enhance reporting quality and strengthen stakeholder communication.
The CMA Excellence in Integrated Reporting Awards, organised annually by the Institute of Certified Management Accountants (CMA) of Sri Lanka, acknowledge organisations that demonstrate superior financial reporting standards aligned with global best practices. Winners are assessed on key criteria such as financial performance and strategic management, corporate governance and compliance, innovation and digital transformation, sustainability practices, and professional excellence.
Chaminda Prabhath, Managing Director/CEO of HNB Finance PLC, commented on the recognition, “These awards reaffirm our commitment to upholding the highest standards of integrated reporting and transparent financial disclosure. At HNB Finance, we remain focused on delivering sustainable long-term value through robust governance frameworks, prudent financial management, and continuous innovation. The acknowledgement by CMA Sri Lanka reflects the disciplined efforts of our teams across the organization and motivates us to further enhance our reporting quality, strengthen ESG integration, and reinforce our stakeholder centric approach.”
Business
ComBank joins ‘Liya Shakthi’ scheme to further empower women-led enterprises
The Commercial Bank of Ceylon has reaffirmed its long-standing commitment to advancing women’s empowerment and financial inclusion, by partnering with the National Credit Guarantee Institution Limited (NCGIL) as a Participating Shareholder Institution (PSI) in the newly introduced ‘Liya Shakthi’ credit guarantee scheme, designed to support women-led enterprises across Sri Lanka.
The operational launch of the scheme was marked by the handover of the first loan registration at Commercial Bank’s Head Office recently, symbolising a key step in broadening access to finance for women entrepreneurs.
Representing Commercial Bank at the event were Mithila Shyamini, Assistant General Manager – Personal Banking, Malika De Silva, Senior Manager – Development Credit Department, and Chathura Dilshan, Executive Officer of the Department. The National Credit Guarantee Institution was represented by Jude Fernando, Chief Executive Officer, and Eranjana Chandradasa, Manager-Guarantee Administration.
‘Liya Shakthi’ is a credit guarantee product introduced by the NCGIL to facilitate greater access to financing for women-led Micro, Small, and Medium Enterprises (MSMEs) that possess viable business models and sound repayment capacity but lack adequate collateral to secure traditional bank loans. Through NCGIL’s credit guarantee mechanism, Commercial Bank will be able to extend credit to a wider segment of women entrepreneurs, furthering its mission to drive inclusive economic growth.
Business
Prima Group Sri Lanka supports national flood relief efforts with over Rs. 300 Mn in dry rations
Prima Group Sri Lanka has pledged assistance valued at over Rs. 300 million, providing essential Prima food products to support communities affected by the recent floods across the island. This relief initiative is being coordinated through the Ministry of Defence to ensure the timely and effective distribution of aid to impacted families.
As part of this commitment, Prima Group Sri Lanka donated a significant stock of Prima dry rations to the Government of Sri Lanka on 30 November. The consignment will be distributed across multiple severely impacted districts. These supplies will support families facing disruptions to daily life, ensuring they receive assistance as recovery efforts continue.
The handover took place at the Ministry, where the donation was received by the Secretary of Defence, Air Vice Marshal (Retired) Sampath Thuyacontha. Representing Prima Group Sri Lanka, Sajith Gunaratne – General Manager of Ceylon Agro Industries Limited, and Sanjeeva Perera – General Manager of Ceylon Grain Elevators PLC, officially presented the donation.
Prima Group has been standing with the people of Sri Lanka for over 40 years, and this donation reflects its broader commitment to the nation during challenging times. As relief operations continue across the island, the company remains focused on helping families rebuild their lives and supporting the ongoing recovery process in collaboration with the Government Authorities.
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