Connect with us

Business

Saving lives in maternal cardiac care: A novel approach to safety and excellence

Published

on

Dr Sanath Akmeemana President SLCOG presenting the Orator’s medal and certificate to Dr Gamini Galappatthy Senior Consultant Cardiologist NHSL.

Professor D E Gunatilleke Memorial Oration of the Sri Lanka College of Obstetricians and Gynecologists was delivered by Dr Gamini Galappatthy Senior Consultant Cardiologist at the National Hospital of Sri Lanka.

Dr. Sanath Akmeemana President of the Sri Lanka College of Obstetricians and Gynecologists awards the oration medal to Dr. Gamini Galappatthy Senior Consultant Cardiologist, he delivered the prestigious Professor D E Gunatilaka memorial oration at the Samson Rajapaksha auditorium of the SLCOG House on May 25, 2025. The oration was titled ‘Heart Disease and Pregnancy – The Crossroads Well Signposted Will Prevent Disasters’.

Prof. D.E. Gunatilleke Oration

Prof. D.E. Gunatilleke was a renowned consultant obstetrician and gynecologist and former President of SLCOG 1979-1981 has made invaluable contributions to obstetrics and gynecology in Sri Lanka—his legacy continues to inspire generations. He was born in 1924 and entered Colombo Medical College in 1944 passing MBBS with a brilliant academic record in 1949. He continued to shine both academically and clinically obtaining his membership of the Royal College of Obstetricians and Gynecologists, London as the best student from the British Commonwealth. A pioneer in introducing laparoscopic gynecological surgery, he died in 1983 having served the country for nearly four decades. This prestigious annual oration in memory of late Prof D E Gunatilleke honors his values of meticulous clinical practice, kindness and integrity and was attended by many members of his family.

This year’s Prof. D.E. Gunatilleke Memorial Oration titled “Heart Disease and Pregnancy – the Crossroads Well Signposted Will Prevent Disasters”, was brilliantly delivered by my classmate from Royal College, Dr. Gamini Galappatthy MBBS, MD, MRCP-UK, FRCP London, FCCP, FACC, FESC, FAPSC, Senior Consultant Cardiologist at the National Hospital of Sri Lanka.

A Personal Connection to the Oration

Attending this distinguished oration carried deep personal meaning to me—not only because of my lifelong friendship with Gamini since our early years at Royal College but also due to my late father, Dr.

D.V.H. Silva, who was a fellow member of the Royal College of Obstetricians and Gynecologists (UK) and its Sri Lankan affiliate, SLCOG. Among the audience were many of my late father’s colleagues and former students, adding a sense of both legacy and professional camaraderie to the occasion.

Listening to Dr. Gamini Galappatthy’s oration, I recognized the critical need to elevate awareness of maternal cardiac care, prompting me to contribute through a paper article—exploring the paradigm shift he advocates in obstetric patient care to prevent crises at pivotal junctures.

The ‘crossroads’- learning to navigate safely

The crossroads are real — every pregnant woman with heart disease stands at one. Gamini’s use of the metaphor of a dangerous crossroads between pregnancy and heart disease was appropriate and illustrative. Traveling down either road one encounters many inherent dangers but coming to the junction unprepared could end in disaster!. A maternal death is a tragic and largely preventable disaster at the cross roads, a majority due to heart disease in Sri Lanka. In addition to snatching a woman’s life in the prime, the socio-economic impact of a maternal death is wide and far reaching. With the right signposts, collaboration, and a shift to proactive safety thinking, the obstetric teams can ensure these women navigate the crossroads safely.

Gamini provided novel insights into the ‘Safety-I’ and ‘Safety-II’ frameworks as applicable to maternal cardiac care—emphasizing the importance of learning as done at present, from mistakes, risk identification and error prevention (Safety-I) while also highlighting the need for a broader approach of additionally studying successful practices and successful outcomes (Safety-II) to enhance success in patient care. His emphasized on multidisciplinary collaboration, early risk assessments, and optimized treatment protocols as the cornerstones of proactive maternal healthcare.

The concepts of Safety I and Safety II which Gamini highlighted, were first proposed by Professors Erik Hollnagel [Denmark] in a 2013 paper. These are currently being recognized by the World Health Organization (WHO), the National Institute for Clinical Excellence (NICE) UK and the Royal College of Obstetricians and Gynecologists (RCOG), UK.

The novel Safety II approach proposed by Gamini in his oration for the field of obstetrics and gynecology in Sri Lanka, especially in the context of heart disease management in pregnancy, was well received by the esteemed audience at the oration consisting of consultant obstetricians, physicians, cardiologists and medical administrators.

The oration was spread out as below proposing a paradigm shift in thinking to enhance maternal cardiac care in Sri Lanka by applying the Safety-I and Safety-II Frameworks

Maternal cardiac care in Sri Lanka is of particular importance, as preventable cardiovascular complications during pregnancy remain a leading cause of maternal mortality. To enhance patient outcomes, healthcare providers must shift from the retrospective focus of Safety-I—centered on failures, risk identification, and error prevention—to the proactive principles of Safety-II, which emphasize successful practices, positive outcomes, and the implementation of guideline recommendations. Shifting to Safety-II framework could enhance patient safety by minimizing risks while optimizing best practices.

Gamini shared maternal mortality statistics and heart disease in pregnancy statistics for Sri Lanka and described outcomes and trends over the past several decades to the present day and compared SL statistics with global and regional benchmarks. He also emphasized key aspects of the WHO maternal heart disease risk stratification and European Society of Cardiology guidelines on managing heart diseases in pregnancy.

The Safety-I and novel Safety-II concept Gamini described is as follows-

Safety-I: Learning from failures

Sri Lanka’s maternal healthcare system, recognized as one of the best globally, still faces several challenges, including a relatively high maternal mortality ratio compared to the best in the world largely due to late diagnoses of heart conditions and limited access to specialized cardiac care.

Safety-I principles aim to address these risks by conducting WHO initiated Maternal Death Surveillance Response [MDSR] meetings at national level after a maternal death to arrive at the cause of maternal deaths. Such data are analyzed by the Ministry of Health to derive a set of globally accepted and comparable statistical parameters such as the maternal mortality ratio and causes of maternal mortality.

In Sri Lanka 2001-2020 a leading cause of maternal mortality was heart disease. Of these, rheumatic valvular heart disease, mainly mitral valve stenosis, was the leading cause. It is estimated that 60% of these deaths are preventable by early diagnosis.

Learning from failures, these statistics allow healthcare providers to identify and eliminate future hazards before they escalate and put in place measures to reduce future preventable complications such as-

Improved Screening Protocols – Strengthening early detection of cardiac conditions in pregnant women.

Standardized Emergency Response – Training medical personnel to recognize warning signs and react swiftly.

Medication and Treatment Guidelines – Ensuring consistency in prescribing safe drugs for cardiac patients.

Safety-II: Learning from Successes

To improve patient outcomes, healthcare providers must transition from the current Safety-I framework to the Safety-II approach, which enhances patient outcomes by building upon Safety-I and incorporating proactive measures. It is estimated from a recent analysis in USA that 1-4% of pregnant women have heart disease. In Sri Lanka this would account for around 2500 pregnant mothers annually with heart disease, a large majority of whom undergo successful pregnancies and who are delivered through the crossroads safely by their obstetrics teams.

Learning from the successful outcomes includes:

Analyzing Successful Case Studies – Understanding how hospitals with lower maternal mortality rates manage cardiac emergencies.

Encouraging Interdisciplinary Collaboration – Strengthening teamwork between cardiologists, obstetricians, and anesthetists for more integrated care.

Leveraging Community-Based Healthcare – Expanding maternal cardiac monitoring at primary healthcare centers for early interventions.

Sharing the success of implementing evidence-based guidelines for managing heart disease in pregnancy by international cardiology societies.

By shifting focus from avoiding mistakes to replicating successful practices, Sri Lanka can create a resilient maternal cardiac care system that improves survival rates and overall healthcare effectiveness.

In summary Dr. Gamini Galappatthy in his oration said that,

A globally recognized paradigm shift from the present Safety-I to a Safety-II approach which builds upon Safety-I by integrating additional proactive measures to enhance patient outcomes, would ensure that Sri Lanka’s maternal cardiac care system is both reactive to failures and proactive in promoting success. By integrating ‘signposts’ such as early risk identification, evidence-based successful strategies and a multi-disciplinary approach, disasters at the Heart Disease and Pregnancy ‘crossroads’ can be prevented and the crossroads navigated safely.

By Dharshan Silva ✍️



Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

JAT Holdings records highest-ever revenue in FY25/26 and a PBT increase despite external shocks

Published

on

CEO - Nishal Ferdinando / Managing Director - Aelian Gunawardene

COLOMBO, Sri Lanka, 03rd June 2026: JAT Holdings PLC recorded its highest-ever annual revenue in FY25/26, with performance reflecting the continued strength of its core coatings business, disciplined manufacturing strategy, and investments in emerging growth platforms despite a challenging external environment.

For the year ended 31 March 2026, Group revenue increased by 9% year-on-year to Rs. 12.6 billion, compared to Rs. 11.6 billion in the previous year. Local revenue grew by 12% to Rs. 9.7 billion, additionally supported by the EV charger business and the decorative paints segment, while foreign operations recorded Rs. 2.9 billion.

Gross profit rose by 21% to Rs. 4.8 billion, with gross profit margin improving from 34% to 38%. This improvement was a key indicator of the quality of the Group’s growth during the year, supported by a stronger product mix, improved manufacturing control, backward vertical integration, and operational efficiencies across JAT’s facilities in Sri Lanka and Bangladesh.

Profit before tax increased by 5% to Rs. 1.68 billion, while finance costs reduced by 17% to Rs. 292 million due to effective debt management and lower interest rates. Profit after tax stood at Rs. 1.52 billion. Profit after tax was impacted by the reduction of the previous year’s deferred tax asset, which affected year-on-year comparability. Underlying performance remained resilient, with revenue, gross profit, gross margin and profit before tax all improving during the year.

Selling and distribution expenses, as well as administrative expenses, increased during the year, primarily due to the consolidation of Mirotone following its acquisition in October 2025, reflecting the Group’s expanded operating footprint.

Despite the temporary impact of Cyclone Ditwah in Q3, JAT achieved its highest-ever wood coatings sales, with the segment recording 9% growth and a 5% improvement in GP margin. Notably, 83% of wood coatings sales came from the loyalty base, a 16% increase from the previous year’s sales contribution while the loyalty base itself has grown by 10%. The Company also completed the second phase of its binder plant expansion, increasing capacity by 76%. This expansion further strengthened JAT’s backward vertical integration strategy, improving control over critical inputs, supporting margin resilience, and reducing exposure to supply chain and import-related volatility.

The emulsion category recorded 15% sales growth during the year, while product development efforts continued with the further enhancement of Hydro+ waterproofing paint for exterior walls and the development of three new water-based binders for waterproofing paints, interior wood coatings and wall coatings. Brushes continued steady growth, with sales up 12% and GP margins improving by 7%.

Continue Reading

Business

Investors shifting to fixed income instruments as stock markets remain shaky

Published

on

The CSE yesterday recorded a bearish trend because investors are shifting to fixed income instruments due to external and internal uncertainties, especially with the escalation of tensions in West Asia.

Amid those developments both indices moved downward. The All Share Price Index down by 340.85 points while S and P SL20 declined by 46.70 points.

Turnover stood at Rs 2.6 billion with six crossings. Those crossings were reported in JKH, which crossed 19 million shares to the tune of Rs 375 million; its shares traded at Rs 19.80, ACL Cables one million shares crossed for Rs 161 million; its shares traded at Rs 93.50, Commercial Bank 250,000 shares crossed for Rs 50 million; its shares sold at Rs 200, Amana Takaful 1.2 million shares crossed for Rs 26 million; its shares sold at Rs 21.30, People’s Leasing 1 million shares crossed to the tune of Rs 21 million; its shares sold at Rs 21 and CCS 150,000 shares crossed to the tune of Rs 20 million; its shares fetched Rs 133.

In the retail market companies that mainly contributed to the turnover were; HNB Rs 291 million (745,889 shares traded), ACL Cables Rs 194 million (two million shares traded), JKH 80.6 million (four million shares traded), Haycarb Rs 28 million (525,000 shares traded), Colombo Dockyard Rs 55 million (525,000 shares traded), Softlogic Life Insurance Rs 60 million (710,100 shares traded) and Commercial Bank Rs 58 million (290,800 shares traded). During the 88 million share volumes changed hands in 30770 transactions.

It is said that manufacturing sector counters, especially JKH, performed well while the banking sector, especially Commercial Bank and HNB, performed well. Further the insurance and leasing sector also performed well.

Yesterday the rupee was quoted at Rs 336.25/35 to the US dollar in the spot market on, from Rs 335.50/336.25 the previous day, while bond yields were somewhat steady, dealers said, with the secondary market “not very active”.

The telegraphic transfer rate for Sri Lanka’s rupee against the US dollar was 331.5000 buying, 340.50 selling; the euro was 379.5100 buying, and 393.4270 selling; pound was 440.8796 buying, and 454.9252 selling.

By Hiran H Senewiratne

Continue Reading

Business

Resilient banks, nervous markets

Published

on

‘Market participants appear to be focusing more on underlying vulnerabilities’

Sri Lanka’s banking system continues to show resilience despite mounting domestic and global economic pressures, but developments across financial markets tell a more cautious story, with foreign investors retreating, market volatility rising, and the rupee remaining under pressure despite a major IMF-related inflow.

According to the Central Bank’s latest Financial Sector Performance report, banks and finance companies entered 2026 with strong credit growth, healthy capital buffers, and improving asset quality. Yet the same report points to growing strains in equity, bond, and foreign exchange markets, suggesting investors remain unconvinced that the country’s recovery is firmly on track.

The contrast between financial institutions and financial markets has become increasingly pronounced.

Licensed banks expanded credit by 24.4% year-on-year during the first quarter, while finance companies recorded even stronger growth of 52.4%. Despite this, foreign investors continued to reduce exposure to Sri Lankan assets. Net foreign outflows from the Colombo Stock Exchange reached US$103.4 million during the first five months of the year, extending a trend that has persisted since 2024.

Reflecting this caution, the All Share Price Index fell 1.4% by end-May, while the benchmark S&P SL20 Index managed only a marginal gain of 0.03%. The Central Bank attributed the subdued performance to heightened sensitivity to global risk sentiment, rising domestic inflation expectations, and external shocks, including geopolitical tensions in the Middle East.

An independent analyst told The Island Financial Review that despite Sri Lanka receiving a fresh US$695 million IMF disbursement in late May, the rupee has continued to face volatility and depreciation pressures.

“Market participants appear to be focusing less on short-term inflows and more on underlying vulnerabilities, including a widening trade deficit, higher energy import costs, geopolitical uncertainties, and concerns about the sustainability of external sector gains,” he said.

The analyst noted that the Central Bank itself acknowledged continued volatility in the foreign exchange market amid increasing external pressures. Meanwhile, government securities have also come under strain, with yields rising from March and increasing further after the Central Bank raised policy interest rates in May.

“Such developments indicate that markets are demanding higher returns to compensate for perceived risks, even as macroeconomic indicators show signs of improvement,” he said.

The contrast is particularly striking when viewed against the banking sector’s performance. Non-performing loans continued to decline, with the Stage 3 loan ratio falling to 9.4% from 12.7% a year earlier. Liquidity and capital levels remain comfortably above regulatory requirements, while lending activity has strengthened, pushing the credit-to-deposit ratio above 70% for the first time in three years.

However, the analyst argued that risks may now be migrating elsewhere within the financial system and broader economy. He pointed to the credit-to-GDP gap moving further into positive territory, a development often viewed as an early warning signal of excessive credit expansion and future vulnerabilities. The Central Bank has already tightened lending standards for vehicle financing and gold-backed loans, two segments that have recorded rapid growth.

“While banks remain profitable and well-capitalised, market signals suggest investors are increasingly focused on inflation risks, exchange-rate instability, geopolitical tensions, and the prospect of tighter financial conditions. The banks appear comfortable. Investors, however, are not yet fully convinced,” he said.

By Sanath Nanayakkare

Continue Reading

Trending