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Lanka’s Melanie first-ever Asian woman elected as CIMA President

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Melanie Janine Kanaka, FCMA, CGMA, has been elected the 89th President of The Chartered Institute of Management Accountants (CIMA), the world’s largest professional body of management accountants. She will also serve as Co-Chair of the Association of International Certified Professional Accountants (the Association), which represents the combined membership of CIMA and the American Institute of CPAs (AICPA).

During her year in office, Melanie will focus on reinforcing the accounting and finance profession’s commitment to being a trusted adviser for their organisations and serving the public interest. In addition, she will champion the profession’s need to continuously upskill and reskill to meet ever-evolving market demands. Melanie will also put a strong emphasis on inspiring younger generations to join the dynamic profession, advancing the profession’s digital skills and capabilities, and the importance of fostering diversity, equity and inclusion.

Melanie will work closely with Anoop Natwar Mehta, CPA, CGMA, who will serve as AICPA Chair and Chair of the Association, to represent the world’s largest public and management accounting bodies (AICPA and CIMA) to meet the demands of a constantly changing, disruptive world.

On her appointment, Melanie said: “It is a true privilege to have been chosen by my peers to serve our members and students around the world, and represent our profession on the global stage”.

“Over the past few years, the profession provided vital support and guidance to organisations to help them, not only survive, but also adapt and thrive in a world that has irremediably changed. As the world continues to undergo radical, disruptive changes at an accelerating speed, we must as professionals offer bold leadership.

She continued: “Now is the time for the profession to lean in and take the next step forward. We must make sure that we continue to deliver innovative solutions to create value, build trust, seize new opportunities and help deliver prosperity for individuals, organisations, economies and society as whole.”

Melanie is the first-ever Asian woman to be elected President of CIMA. She became a CIMA member in 1992 and obtained her fellowship in 2000. She has been an active member of CIMA for over three decades and has held several volunteer positions both in Sri Lanka, her home country, and internationally. Melanie also currently serves on the Association of International Certified Professional Accountants’ Board of Directors.

Melanie has extensive experience in corporate finance and development banking across the USA, Germany and South Asia. She currently leads the finance and administration function for the World Bank in Sri Lanka and Maldives where she is responsible for finance, resource management and performance review and is part of the World Bank’s South Asia regional unit.

Melanie is a Fulbright Scholar and an accredited SAP consultant who holds an MBA specialising in international finance and corporate strategy from Emory University’s Goizueta Business School in Atlanta, Georgia, USA. She also holds a 1st class B. Com (Hons) degree from the University of Sri Jayewardenepura, Sri Lanka, and is a distinguished alumna of Bishop’s College, Colombo, Sri Lanka.



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Workshop Explores Integration of Enterprise Development Programmes with the “Prajashakthi” National Movement

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A special workshop was held today (06) at the Presidential Secretariat to explore the possibility of integrating programmes currently implemented by state institutions that directly contribute to enterprise development with the “Prajashakthi” National Movement.

Discussions focused on identifying development projects undertaken by government institutions for micro, small and medium-sized enterprises (MSMEs) and incorporating relevant information into a unified data management system.

Attention was also directed towards formulating a strategic framework for the coordinated implementation of these programmes, as well as identifying the nature, scope and eligibility criteria of the initiatives carried out by the respective institutions.

The participating government officials were further briefed on the criteria for selecting beneficiaries for programmes directly related to enterprise development.

In addition, discussions centred on identifying programmes that could be implemented independently or jointly by the relevant state institutions and the “Prajashakthi” National Movement. Particular attention was paid to preventing duplication and overlap in programme selection and implementation.

Senior Additional Secretary to the President Kapila Janaka Bandara, Secretary to the Ministry of Rural Development, Social Security and Community Empowerment Sampath Manthrinayake, resource persons Kalum Jayaveera and Madhava Muthukudaarachchi, officials of the Ministry of Rural Development, Social Security and Community Empowerment, government officials, and representatives of the Prajashakthi Secretariat were among those who attended the workshop.

(PMD)

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Pakistan naval trio leaves Colombo after goodwill visit

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Wrapping up their goodwill and replenishment visit, the Pakistan Navy ships ‘PNS Taimur’ and ‘PNS Aslat’, along with the submarine ‘PNS/M Hangor’, departed the island on 04 Jun 26. The naval units, which arrived in Sri Lanka on 01 June, were accorded a traditional naval send-off by the Sri Lanka Navy at the Port of Colombo, upon their departure.

During their stay, the Commanding Officers of Pakistan Navy ships and submarine called on the Commander Western Naval Area and the Flag Officer Commanding Naval Fleet at the Western Naval Command Headquarters, where discussions were held on several matters of mutual interest.

Meanwhile, Sri Lanka Navy personnel had the opportunity to visit the visiting Pakistan Navy ships and submarine. Furthermore, the crews of the visiting vessels explored the rich heritage of Sri Lanka, taking time to tour several culturally significant landmarks across the island.

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China, Lanka intensify cooperation to fight cross-border crimes spreading across Asia and beyond

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China and Sri Lanka have intensified joint law enforcement efforts to combat cross-border online gambling and telecom fraud, crimes that authorities warn are increasingly spreading across Asia and beyond.

The Chinese Embassy in Colombo said both countries are working closely to dismantle scam centres and fraud networks that have relocated to Sri Lanka from other parts of Southeast Asia. The Embassy noted that such operations often intertwine with human trafficking and other serious crimes, posing grave risks to public security and social stability.

China’s position on cross-border gambling remains firm: Chinese capital is prohibited from investing in overseas casinos, citizens are barred from operating them, and foreign casinos are forbidden from soliciting Chinese nationals. The Embassy stressed that gambling “almost invariably leads to financial ruin,” with tens of thousands of Chinese citizens suffering losses and harm. Recent amendments to China’s Criminal Law have criminalised cross-border gambling activities.

The Embassy pointed out that Sri Lankan authorities have carried out multiple raids in recent months, dismantling gambling and fraud dens and arresting suspects from several countries. Several Chinese nationals, involved in fraud-related crimes, have been handed over to Chinese authorities, producing what officials described as a strong deterrent effect.

The Chinese Embassy praised the efforts of Sri Lanka’s ministries of Foreign Affairs, Finance, and Public Security, particularly immigration and police officials, for their cooperation.

It warned that without firm and immediate measures, the spread of illegal gambling and fraud could damage Sri Lanka’s international image, undermine social stability, and harm the safety and security of its people.

China has already conducted similar law enforcement cooperation with countries including Spain, the UAE, Myanmar, and Cambodia, leading to arrests and repatriations of overseas fraud suspects. It has also proposed the creation of an international alliance against telecom and online fraud to coordinate global efforts, it said.

Going forward, China pledged to actively implement the Global Security Initiative and Global Civilization Initiative, while continuing to deepen law enforcement and security cooperation with Sri Lanka.

The Embassy said these efforts aim to safeguard lives and property, protect financial security, and build a “clean, safe, and beautiful Sri Lanka,” while contributing to a new global framework for combating transnational crime.

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