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Meet the key people in-charge of Sri Lanka’s price stability and financial system stability

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In terms of the provisions of the Central Bank of Sri Lanka, the Governing Board (GB) of CBSL has been established as the body responsible for overseeing the administration and management of the affairs of CBSL and determination of the general policies of CBSL. In terms of the law, the appointed members of the previously existing Monetary Board of CBSL continue as the members of GB of CBSL.

Accordingly, Sanjeeva Jayawardena P.C. and A N Fonseka who were appointed members of MB with effect from 29.06.2021 and 27.07.2022, respectively, continue to be members of GB. However, Dr. Ranee Jayamaha who was a member of MB since 29.07.2020 tendered her resignation from MB with effect from 12.09.2023, and therefore is not a member of GB. Sanjeeva Jayawardena P.C., Appointed Member who continued as a member of GB tendered his resignation with effect from 05.11.2023. Accordingly, both Dr. Jayamaha and Jayawardena submitted their resignations well before the Supreme Court made its final judgement on 14.11.2023 with regard to the Fundamental Rights Case filed on Economic Crisis.

The present GB of CBSL consists of Dr. P Nandalal Weerasinghe as the Chairman of GB and the Governor of CBSL, A N Fonseka, and newly appointed members, Dr. Ravi Ratnayake (appointed on 21.09.2023), Anushka S. Wijesinha (appointed on 21.09.2023) and Vish Govindasamy (appointed on 26.10.2023).

Brief profiles of the newly appointed members are as follows:

Dr. Ravi Ratnayake was a Chief Economist for the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) and former Director of Trade and Investment of the United Nations. At the United Nations (UN), Dr. Ratnayake has initiated a number of regional cooperation mechanisms including the AsiaPacific Research and Training Network on Trade (ARTNeT), Asia-Pacific Board Secretariat Business Forum (APBF), Asia-Pacific Sustainable Development Network, Asia-Pacific Network of Experts on Experts of paperless Trade (UN NExT) and assisted the member countries to revitalize the Asia-Pacific Trade and Agreement (APTA). Dr. Ratnayake had also been a Consultant to the World Bank, Asian Development Bank, UN, United States Agency for International Development and Food and Agriculture Organization.

Anushka S. Wijesinha is an economist with experience in the Government, private sector and think tanks. He is the Co-founder/Director of public policy think, Centre for a Smart Future. Wijesinha has been an International Consultant for advisory projects in Mongolia, Pakistan, Myanmar, Maldives, and Iran. Until this appointment, Wijesinha was a Senior Independent Non-Executive Director at the Seylan Bank PLC and Hatton National Bank Finance PLC. He continues on the Board of Fairfirst Insurance Ltd. and Good Life X (Pvt) Ltd. Wijesinha also serves on the Council of the National Innovation Agency, the Export Development Board, and the Oversight Committee on Exports and FDI, at the Presidential Secretariat. In previous roles, he was the Chief Economist of the Ceylon Chamber of Commerce, Research Economist at the Institute of Policy Studies of Sri Lanka, and Advisor to the Minister of Development Strategies and International Trade. Wijesinha was a member of the World Economic Forum’s Global Future Council on Innovation Ecosystems and was an Asia Foundation Development Fellow at the Korea Development Institute in Seoul. .

Vish Govindasamy holds an MBA and a BSc in Electrical Engineering from the University of Hartford, USA. With over 26 years at its helm, Govindasamy is the Group Managing Director of Sunshine Holdings PLC, a diversified conglomerate which is today one of Sri Lanka’s top 50 listed companies. He is a fellow member of the Institute of Certified Professional Managers of Sri Lank and is the immediate past Chairman of the Ceylon Chamber of Commerce and the Employers Federation of Ceylon.

Before his current position at Sunshine Holdings, Govindasamy was the Chief Executive Officer of the Watawala Plantations, a diversified plantation management company in partnership with TATA India. At Watawala, he is largely credited with having played an instrumental role in successfully transforming a Government owned plantation company after privatization into the highest capitalized regional plantation company to be listed on the Colombo Stock Exchange. He also is credited with creating the Brands Zesta, Watawala & Rankhata which are the leading tea brands in Sri Lanka today. The House of Tata’s of India has placed Mr. Govindasamy in many of their corporate Boards in Sri Lanka.

In terms of the provisions of the CBSL Act No. 16 of 2023 there shall be a Monetary Policy Board (MPB) of CBSL which is charged with the formulation of monetary policy of CBSL and implementation of a flexible exchange rate regime in line with the flexible inflation targeting framework in order to achieve and maintain domestic price stability.

Accordingly, the President has appointed Dr. (Ms.) Dushni Weerakoon and Dr. Priyanga Dunusinghe as Members of MPB of the Central Bank of Sri Lanka with effect from 21.09.2023 in terms of Section 15 of the CBSL Act with the approval of the Constitutional Council.

The above two members are the technical experts joining MPB along with members of the Governing Board and the Deputy Governors in-charge of Price Stability and Financial System Stability.

Brief profiles of the two technical experts are as follows:

Dr. Dushni Weerakoon is the Executive Director of the Institute of Policy Studies of Sri Lanka (IPS) and Head of its Macroeconomic Policy Research. She joined the IPS in 1994 on completing her PhD, and has written and published widely on macroeconomic policy, regional trade integration and international economics.

She has extensive experience working with Policy Development Committees of the Government of Sri Lanka, including as a member of the Committee on Economic Stabilization, Recovery and Promotion of Growth and as a Director at the Board of Investment of Sri Lanka (BOI), having previously served as an Appointed Member of MB of CBSL (2019-2020). She has also held positions as a Director on the Boards of corporate entities.

Dr. Priyanga Dunusinghe is a Professor in Economics in the Department of Economics, and Head – Department of Information Technology, University of Colombo, Sri Lanka. He has been teaching, research, training, and consultancy experience for about 20 years. His areas of teaching are Econometrics, Statistics, Quantitative Techniques, Financial Institutions, Development Economics, and International Trade & Finance. His areas of research interest are macroeconomic policies; growth and development including agriculture, financial markets, poverty, labour, public debt, education and international trade & investment. Dr. Dunusinghe has also worked as a Consultant to the United Nations (UN) Food and Agriculture Organisation, World Bank, European Union, Asian Development Bank, International Labour Organisation, UN Conference on Trade and Development and to the Government of Sri Lanka’s Ministry of Finance, Ministry of Industries, Ministry of Labour, and Ministry of Agriculture.



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Ceylinco Life celebrates its ‘Unstoppable Champions’ at Annual Awards 2026

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Ceylinco Life’s top award winners with Directors and senior management at the Company’s Annual Awards

The power of momentum was the focus when Ceylinco Life, Sri Lanka’s life insurance market leader for an unbroken 22 years, celebrated the exceptional achievements of its top-performing sales force at its Annual Awards Ceremony 2026, held at Cinnamon Life Colombo.

Bringing together more than 300 of the company’s highest achievers, the event recognised Sales Officers who attained High Flyers status, qualified for the prestigious Million Dollar Round Table (MDRT), or earned ‘Sales Superstar’ status in 2025, each having met rigorous performance benchmarks. In total, close to 370 awards were presented at the ceremony, which was attended by over 450 participants including the company’s Board of Directors and senior management.

Themed ‘Unstoppable Champions,’ the awards ceremony underscored the spirit of resilience, ambition and consistent excellence that defines Ceylinco Life’s sales force, positioning the awardees as drivers of the company’s sustained market leadership.

The event was graced by Chief Guest Srinivasa Rao, Managing Director – Life and Health (South Asia and South East Asia) at Munich Re, and featured an evening of scintillating entertainment with performances by Sanka Dineth, Shashika Nisansala, the Naadro Band and Prashanthini, complemented by dance acts from Muddrika Dance Studio.

Among the highlights of the evening was the presentation of two Toyota Axio motor cars to R. P. Edirisinghe and S. S. H. M. T. Laksiri in recognition of their consistent excellence in qualifying as High Flyers and MDRT members. The top honours at the awards ceremony were presented to Mr A. S. L. Fernando as Best Agency Head, H. D. Pathirana as Best Agency Supervisor, A. I. P. Manjula as Best Life Insurance Advisor, and J. Meera as Best Regional Sales Manager.

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Kia drives into Colombo’s skyline with landmark showroom at Altair

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Kia Motors (Lanka) Ltd. Chairman Mahen Thambiah and Managing Director Andrew Perera at the opening of the new showroom.

Top Korean nameplate Kia has reinforced its presence in Sri Lanka with the opening of a striking new showroom at the iconic Altair high-rise in Colombo, marking a significant step in the brand’s continued expansion and customer engagement in the country.

The new facility, unveiled exclusively to media on 7th April 2026, occupies approximately 2,700 square feet of prime space at Retail 3 of the Altair development.

Strategically positioned at the entrance to the complex for maximum visibility and accessibility, the showroom places Kia at the heart of one of Colombo’s most prominent luxury residential and lifestyle destinations.

Designed in line with Kia’s global brand guidelines, the showroom presents a modern, customer-centric environment that reflects the company’s focus on innovation, quality and service excellence. The space is intended to offer an immersive retail experience, enabling customers to explore the brand’s evolving portfolio in a setting that mirrors international standards.

“The opening of this new showroom signals Kia’s renewed commitment to Colombo, strengthening its proximity to customers while enhancing convenience and accessibility for those seeking to engage with the brand,” Kia Motors Lanka Chairman Mahen Thambiah said. “It represents a key milestone in our strategy to deepen customer relationships and expand the Kia footprint across key urban locations.”

Taking centre stage at the new showroom is the all-new Kia Tasman, the brand’s first-ever double cab pickup, which makes its debut in Sri Lanka in tandem with the opening. The introduction of the Tasman underscores Kia’s drive to diversify its offering and respond to the evolving demands of customers across multiple segments.

In addition to the Tasman, visitors to the Altair showroom can experience Kia’s full range of vehicles, further enhancing the brand’s appeal to a broad spectrum of automotive enthusiasts.

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Nalin Sri Tikiri Bandara: forging discipline and character through martial arts

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After nearly three decades on the mat, Sri Lankan martial arts instructor H. M. Nalin Sri Tikiri Bandara has built a career that stretches from local dojos in Kandy to international training arenas in the United Arab Emirates, shaping a growing generation of students through what he describes as “a lifelong journey of discipline and self-development.”

With more than 28 years of experience, Bandara has emerged as a prominent figure in martial arts education for children, youth and adults, particularly across Sri Lanka and the UAE, where he is currently based in Abu Dhabi.

Bandara’s martial arts journey began at a young age and has since spanned multiple disciplines, including Kyokushin Karate, Ashihara Karate, Mumonkai Karate, Brazilian Jiu-Jitsu and yoga.

He holds several international dan rankings, including 3rd Dan in Kyokushin Karate (Japan), 4th Dan in Ashihara Karate (Australia), 2nd Dan in Mumonkai Karate (Japan), and 1st Dan under Josui Kai Kan Karate (Japan). Years of training camps, seminars and competitions abroad, he says, have helped refine both technical skill and teaching philosophy.

Bandara is the founder and chief instructor of Nalin Dojo, which operates across multiple locations, including a main branch in Abu Dhabi and an established centre in Kandy. He also runs expansion programmes in schools and fitness centres in the UAE.

Collectively, his programmes have trained more than 2,000 students, ranging from children as young as four to adults.

He also serves as branch chief and representative of the World Karate Alliance Kyokushin Bugakukai, and contributes to the development of full-contact karate at national level in Sri Lanka.

At the core of his teaching is a hybrid approach he calls “Yoga Martial Arts”, blending karate discipline, yoga-based mental conditioning, Brazilian Jiu-Jitsu principles and sports science.

The focus, he says, extends beyond physical combat to character formation, emphasising discipline, respect, confidence-building and mental resilience.

“Martial arts is not just about fighting, it is about building better human beings,” Bandara said.

Much of his work is directed at children and adolescents, particularly in an era he describes as increasingly dominated by digital distractions.

He argues that structured martial arts training can reduce screen dependency, improve concentration, and strengthen emotional stability, while promoting healthier lifestyles.

“Children’s future is the future of the community,” he said, underscoring his belief that early discipline shapes long-term social outcomes.

Beyond regular training, Bandara organises grading examinations, workshops, school programmes and community fitness initiatives in both Sri Lanka and the UAE.

He has continued such activities even during periods of global disruption, maintaining regular engagement with students and instructors.

Looking ahead, Bandara plans to expand his dojo network across the UAE and internationally, while developing structured youth development programmes and training future instructors.

His long-term ambition is to build a sustainable martial arts ecosystem that integrates physical excellence with character education.

In a career defined by discipline and continuity, Bandara represents a generation of martial arts instructors blending traditional combat systems with modern wellness principles — and, in the process, attempting to shape not just fighters, but future citizens.

by SK Samaranayake

 

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