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GABV Asia-Pacific Chapter meeting 2025 to be held in Colombo

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The Global Alliance for Banking on Values (GABV) will host its Asia-Pacific Chapter Meeting 2025 in Colombo, Sri Lanka, from 15 to 16 October, bringing together CEOs and senior leaders from over 20 member banks across the region. Centered on the theme of Value-Based Banking, the programme will explore how ethical, inclusive, and sustainable financial practices can drive long-term impact across communities and economies. The event, which will be held at Cinnamon Life – City of Dreams, will begin with an Inaugural Session on 15 October 2025, from 8:30 a.m. to 10:30 a.m., with the participation of guests from government institutions, banks, non-bank financial institutions (NBFIs), and other distinguished invitees.

This year’s gathering, hosted by Sarvodaya Development Finance PLC (SDF), marks a milestone moment for Sri Lanka and the region. The meeting will be held alongside the annual GABV Board Meeting, bringing together global thought leaders in sustainable finance for the first time in Colombo. The discussions will centre on strategies to empower small and medium enterprises (SMEs), advance sustainable agriculture, and explore the use of artificial intelligence to strengthen values-based banking practices.

The two-day event is designed as an immersive, collaborative exchange where participants will engage with industry peers, policymakers, and civil society leaders. Delegates will include GABV board members, international CEOs, and senior representatives from leading financial institutions such as Sunrise Banks (USA), Southern Bancorp (USA), Qudos Bank (Australia) EkoBanken (Sweden), Centenary Bank (Uganda), Bank Muamalat (Malaysia), BRAC Bank (Bangladesh) and banks from India, Nepal, Afghanistan, Tajikistan, Papua New Guinea, Kyrgyzstam. Together, they will share insights and best practices on transforming financial systems to serve long-term societal and environmental goals.

Hosting the meeting is a significant recognition for Sri Lanka’s growing leadership in purpose-driven finance. For Sarvodaya Development Finance, it underscores a decade-long journey rooted in social entrepreneurship and sustainable community development.

“Sarvodaya Development Finance is honoured to host this year’s GABV Asia-Pacific Chapter Meeting in Colombo,” said Nilantha Jayanetti, Chief Executive Officer of Sarvodaya Development Finance. “For Sri Lanka, this event represents more than a conference — it is a moment of reflection and renewal. The conversations we will lead here, from sustainable lending and SME empowerment to values-driven innovation, are directly aligned with our national journey toward recovery and resilience. As a nation and as an institution, we believe finance must rediscover its moral compass, to serve people, planet, and prosperity in equal measure.”

The GABV Asia-Pacific Chapter Meeting serves as a platform for member banks to share their experiences in advancing financial inclusion, promoting ethical investment, and redefining banking through community-based innovation. The Colombo sessions will also explore Sri Lanka’s path to recovery following its economic challenges and examine how values-based finance can contribute to national rebuilding and social progress.

Participants will also take part in a Learning Journey to Moratuwa, the birthplace of the Sarvodaya Movement, one of Asia’s most enduring community development models. This visit will highlight how local social enterprise principles continue to inspire the modern-day values-based banking movement.

Founded in 2009, the Global Alliance for Banking on Values (GABV) is a global network of over 70 independent banks, credit unions, and microfinance institutions committed to using finance to deliver sustainable economic, social, and environmental development. Collectively, its members serve more than 60 million customers across 45 countries, with combined assets exceeding US$200 billion.



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Harnessing nature’s wisdom: Experts highlight “Resist–Align” path to resilience

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As Sri Lanka confronts mounting environmental and economic pressures, a timely national conversation on resilience has underscored the urgent need to rethink how societies respond to change—by balancing resistance with alignment to nature.

The inaugural Nature Talks Webinar Series, titled “Nature’s Secrets for Building Resilience in a Changing World,” took place on Wednesday night, bringing together leading environmental thinkers who argued that resilience is no longer optional, but essential in navigating climate and ecological uncertainty.

Organised collaboratively by the International Centre for Biological Studies (ICBS), GAP HQ, and the Biomimicry Research Centre, the session aimed to bridge science, policy, and innovation, while drawing practical lessons from nature.

Leading the discussion, Professor Sarath Kotagama of the University of Colombo emphasised that resilience must be understood as a combination of resistance and alignment.

“Resilience is about resisting where necessary, but also forming alliances with change,” he said. “We are not saying we can stop everything. The real question is—can we adjust to live with it?”

He urged societies to reflect on their ability not only to prevent or resist environmental change, but also to adapt intelligently to it. Referring to global developments such as Artemis II, Kotagama noted that humanity is increasingly being reminded of how rapidly conditions are shifting on Earth.

Drawing lessons from the COVID-19 pandemic, Professor Kotagama outlined several insights that have reshaped thinking on resilience.

“One of the most important lessons was the role of microbes,” he said. “We always focused on large animals in biodiversity, but COVID showed us that invisible organisms can have a massive impact on the planet.”

He explained that while conservation has traditionally prioritised charismatic species such as elephants and birds, microorganisms—often overlooked—are equally critical to ecological balance.

Professor Kotagama also challenged assumptions about nature. “Nature is not always kind or caring. Under certain conditions, it can be harsh, and humans don’t necessarily feel affection for all forms of life—especially microbes,” he said.

At the same time, he stressed the decisive role of science. “If not for science, we would not have survived as we did,” he noted, pointing to the rapid development of vaccines despite global norms that typically require years of testing.

He further highlighted the importance of governance. “We may not always like governments, but during COVID, governments mattered. Without coordinated action, the outcome would have been far worse,” he said.

Professor Kotagama added that the pandemic exposed vulnerabilities in the global economic system, with industries such as tourism collapsing almost overnight due to what he described as “an invisible microbe.”

“It showed clearly that systems we thought were stable can be disrupted instantly,” he said, warning that unsustainable development models—particularly in tourism—must be reconsidered.

Meanwhile, Professor Sevandi Jayakody of Wayamba University of Sri Lanka highlighted biomimicry as a key pathway to resilience.

“The biggest answer to resilience is biomimicry,” Professor Jayakody said. “Nature already holds solutions—we just need to understand and apply them.”

She explained that biomimicry can operate at the level of form, process, or systems, and cited mangrove restoration as a practical example. Attempts to artificially recreate ecosystems often fall short unless they follow natural patterns such as tidal flows and species interactions.

“In restoring degraded mangroves, we learned that forcing systems does not work. When we followed natural contours and introduced resilient ‘nurse’ species, the ecosystem began to recover on its own,” she said.

Professor Jayakody emphasised that resilience must be embedded within environmental systems rather than imposed externally. “Resilience is a function of the environment we live in. If we ignore that, our interventions will fail,” she said.

She also cautioned against expecting rapid results. “Nature is slow. Humans are in a hurry,” Professor Jayakody noted, pointing to long-term data showing that even measurable ecological changes—such as seasonal shifts—can occur gradually over decades.

“Change is inevitable, but it is not always sudden. We need long-term data, patience, and the wisdom to interpret it correctly,” she added.

Moderating the session, Imaduwa Priyadarshana brought a practical perspective on sustainable design and adaptation, highlighting how nature-based thinking can inform urban planning and infrastructure.

With Sri Lanka grappling with climate variability, coastal degradation, and energy challenges, the experts stressed that such knowledge-sharing platforms are increasingly vital. The discussion aligned with a growing global shift towards nature-based solutions—learning from ecosystems that have evolved resilience over millennia.

By Ifham Nizam

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Uber Eats continues Sri Lankan expansion now in Nuwara Eliya

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Uber Eats is now live in Nuwara Eliya, making it easier for locals and tourists to enjoy their favourite meals – from a hot plate of kottu on a chilly evening to a comforting rice and curry spread or crispy egg hoppers – delivered right to their doorstep.

Known for its cool climate, old-world charm, and rolling tea estates, Nuwara Eliya sees a surge of Sri Lankan and international visitors during the April holiday season. But as temperatures drop in the evenings, food options have traditionally been limited, with many outlets closing early.

With Uber Eats now available, consumers can discover and order from a growing range of local restaurants and neighbourhood favourites – without stepping out. The platform also extends access to meals into the late evening, making it easier to find food even after most outlets have closed. In Nuwara Eliya, specially designed temperature-controlled insulated bags will help ensure meals are delivered hot. Consumers can choose from a wide variety of cuisines including Sri Lankan, Indian, Chinese, Thai, and Arabic or order from global brands such as KFC, Pizza Hut, and Domino’s.

The launch supports the local community by enabling restaurants to reach more customers across the city, while creating flexible earning opportunities for delivery partners, especially during the busy holiday season.

Varun Wijewardane, Country Manager – Delivery, Uber Sri Lanka, said: “Nuwara Eliya is one of Sri Lanka’s most loved destinations, especially during the April season. With Uber Eats now live, we’re making it easier to enjoy great food more conveniently – from everyday favourites to late evening short eats while also supporting local restaurants and creating earning opportunities within the community. This comes on the back of an aggressive expansion of our services across Sri Lanka – providing our consumers with convenient access to local favourites and unlocking earning opportunities for more Sri Lankan communities.”

Entry in Nuwara Eliya builds on expansion from last year across 6 districts including Hikkaduwa, Ambalangoda, Chilaw, Wennappuwa, and Puttalam, Jaffna, Gampola, Matale, Matara, Weligama, Mirissa, and Anuradhapura – further strengthening Uber Eats’ position as the country’s go-to delivery platform.

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Five consecutive years as a Company with Great Managers

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Union Assurance PLC is licensed by the Insurance Regulatory Commission of Sri Lanka (IRCSL).

Union Assurance, Sri Lanka’s longest-standing private Life Insurer, was honoured as a ‘Company with Great Managers’ for fifth consecutive year at the CLA Great Managers Awards 2025, held at Cinnamon Grand Colombo. Presented annually by the Colombo Leadership Academy & CLA Coaching Inc, the award affirms that Union Assurance’s approach to leadership excellence is not episodic, but deeply embedded across the Company.

The CLA Great Managers Awards programme, powered by Colombo Leadership Academy & CLA Coaching Inc. in strategic partnership with People Business, The Culture Factor Group – Hofstede & Onehub, is regarded as the international benchmark for assessing managerial and leadership effectiveness in Sri Lanka. Using the scientifically grounded D-ACTI 5X meta-analysis framework, the programme evaluates managers across five leadership pillars: Driving Results & Execution Excellence, Aligning Organizational Vision, Coaching & Developing Others for Growth, Building Team Effectiveness & Collaboration & Leadership Integrality & Holistic Approach.

Reflecting the depth and diversity of managerial capability within the organisation, five Union Assurance leaders were individually recognised across distinct award categories this year. Sashika Perera, Senior Manager – Statutory Reporting & Taxation, and Ishanthi Umedha, Head of Governance & Valuation, were recognised for ‘Demonstration of Well-Rounded Performance and Managerial Effectiveness.

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