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HSBC appoints new Country Head of Wholesale Banking for Sri Lanka and Maldives

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HSBC Sri Lanka has appointed Kevin Green as the new Country Head of Wholesale Banking for Sri Lanka and Maldives with effect from 1 November 2022.Kevin has been with the HSBC Group for over 24 years and has held several senior positions in commercial banking, retail banking and risk management.

Prior to taking on his new role, Kevin was the Country Head of Wholesale Banking in HSBC Bangladesh, and prior to that he was the Chief Risk Officer for HSBC Vietnam.Kevin will lead the bank’s Wholesale Banking business in Sri Lanka and the Maldives, supporting corporate banking clients. He will lead a dynamic team of professionals to provide tailored solutions and services to customers and ensure the continued growth of the business.

Kevin holds a Bachelor’s Degree in Mathematics from the University of Warwick and a Bachelor’s Degree in Financial Services from the University of Manchester. He is also an Associate of the Chartered Institute of Bankers.

Commenting on the appointment, Mark Surgenor, Chief Executive Officer for HSBC Sri Lanka and Maldives, said “As the leading international bank in Sri Lanka and with a presence in 63 markets globally, we want to open up a world of opportunity for our internationally minded clients. Therefore, I am pleased to bring in an experienced leader like Kevin to lead our Wholesale Banking operations in Sri Lanka and the Maldives. This is further evidence of our commitment to invest in the country and to support our clients. I am confident that Kevin’s extensive experience with HSBC Group will be an advantage to both our clients and colleagues, and further support the banks efforts towards economic growth of the country.”

HSBC, as the leading international bank has enjoyed a longstanding presence in Sri Lanka having completed 130 years of operations this year. The bank will continue to support Sri Lankan clients to connect globally and will continue to play a key role in supporting local businesses looking to expand across international markets by leveraging its global footprint and expertise in international trade, global payment services, sustainable finance and other financial services, whilst supporting its people and communities.

HSBC was recognised with the Sri Lanka International Initiative of the Year, won by Wholesale Banking for the dynamism, uniqueness, effectiveness & impact in green financing, for its first corporate ‘Green Loan’ for USD 6.3mn to Eco Spindles that was awarded by Asian Banking & Finance, this year. The bank was also named Best International Bank in Sri Lanka by Asiamoney, International Retail Bank of the Year by Asian Banking and Finance and Best Consumer Digital Bank in Sri Lanka by Global Finance for 2022.



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Ceylinco Life agent among three global finalists for award

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Ceylinco Life’s Ambalantota branch agent AIP Manjula

Ceylinco Life’s Ambalantota branch agent AIP Manjula has been named one of three global finalists for the prestigious Insurance Agent of the Year award at the 11th Asia Trusted Life Agents & Advisers Awards (ATLAA) 2026.

The recognition places a Sri Lankan insurance professional among the finalists in a regional field spanning South Asia, Southeast Asia, East Asia and the wider Asia-Pacific region.

Ceylinco Life said the achievement reflected the calibre and customer-focused approach of its agency force, while recognising Manjula’s professionalism and commitment to policyholders.

The award evaluates insurance agents on criteria extending beyond sales performance, including ethical conduct, client service, policy persistency, digital adoption, innovative practices and contributions to the insurance industry and community.

The awards are organised by Asia Advisers Network and Asia Insurance Review, with LIMRA as co-organiser. An independent judging and balloting process is monitored by KPMG as the official scrutineer. The judging panel comprises senior insurance executives, association presidents and industry experts from across the Asia-Pacific region.

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CEAT Kelani retains AA+ rating for sixth year

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CEAT Kelani Holdings (CKH) has retained its National Long-Term Rating of ‘AA+(lka)’ with a Stable Outlook from Fitch Ratings for the sixth consecutive year, reflecting the company’s financial resilience and leading position in Sri Lanka’s pneumatic tyre market.

The ‘AA+(lka)’ rating, the second-highest on Fitch’s national scale, indicates a very strong capacity to meet financial commitments.

Fitch said CKH’s established market leadership and resilient financial profile remained key strengths, while noting its exposure to price-sensitive, cyclical and highly competitive markets.

The Stable Outlook reflects expectations that the company will maintain its market position despite rising input costs and increasing competition from imported tyres, while preserving adequate credit metrics during periods of weaker earnings and higher investment.

Fitch expects CKH’s established brand, extensive dealer network and adaptive pricing strategies to support its market position. Planned production facility upgrades are also expected to improve product quality, particularly in the radial tyre segment.

The rating agency expects near-term pressure on margins from higher raw material and energy costs but said the company’s low leverage and sound liquidity would provide a cushion.

CKH Chairman Chanaka De Silva said the rating reinforced the company’s focus on disciplined financial management, operational adaptability and long-term investment.

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SLT-MOBITEL Enterprise launches Premium Cloud

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Riyaaz Rasheed, CEO, SLT-MOBITEL, and Faiz Shakir, VP Sales – Nutanix, Southern Asia, unveil SLT-MOBITEL Enterprise Premium Cloud Powered by Nutanix to support enterprise digital transformation

SLT-MOBITEL Enterprise, the enterprise services arm of Sri Lanka Telecom PLC, has launched its Premium Cloud service powered by Nutanix, aimed at helping Sri Lankan businesses modernise their IT infrastructure and accelerate digital transformation.

The service was unveiled at the Lanka Tech Summit 2026 held recently at ITC Ratnadipa, Colombo.

The Premium Cloud combines hybrid multi-cloud capabilities with enterprise-grade performance, enabling businesses to run mission-critical workloads, scale cloud deployments and strengthen business continuity through disaster recovery capabilities.

Hosted on SLT-MOBITEL’s Tier III data centre infrastructure, the platform is designed to provide enhanced security, reliability and flexibility while supporting the growing technology requirements of enterprises.

SLT-MOBITEL Enterprise said the platform would also support organisations seeking to adopt AI-ready capabilities and improve the management and performance of IT workloads.

A key feature of the launch was SLT-MOBITEL Enterprise joining the Nutanix Elevate Service Provider Program (NESPP), which the company said made it the first service provider in the region to join the programme.

Powered by Nutanix’s hybrid multicloud platform, the service enables application and data mobility across on-premises environments, public clouds and edge locations.

The company said the partnership combined Nutanix’s cloud technology with SLT-MOBITEL’s local expertise and support, strengthening its multi-cloud portfolio.

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