Business
USJ Finance Alumni Association appoints inaugural committee
The inaugural Annual General Meeting (AGM) of the Finance Alumni Association (FAA) of Department of Finance at University of Sri Jayewardenepura (USJ) was held on the 23rd of February 2023. The event took place at the New Board Room of the Faculty of Management Studies and Commerce, with the presence of academic staff and members both physically and online.
The Dean of the Faculty, Prof. P.D. Nimal graced the gathering stating that the collaborations between the industry and the University would add broader knowledge and value to the degree program, and thereby the industry in time to come.
Professor Wasantha Perera, the Advisor of Finance Alumni Association, thanked the attendees for forming the association. He also explained the value of serving society through individual collaboration and how collective development could benefit current and former undergraduates.
The Association ceremoniously welcomed the president of the Association, Nuwan Wickramasinghe for the term 2023-2024. He addressed the gathering and thanked the members for appointing him and further mentioned his plans to work along with the executive committee to uplift the skills of the undergraduates whilst providing them platforms to grow and groom themselves for the corporate world, thereby becoming invaluable members of the industry to pay dividends to the country as well as the world in future. He highlighted the objectives of FAA including collective professional development, knowledge sharing, recognition of professionalism, and networking.
He further stated that, during his term, he would take measures to enhance the networking and engagement among members by providing member benefits and recognition.
Prof. Chandana Gunathilaka, Head of the Department of Finance, expressed his gratitude to the members of the alumnus for taking the initiative to form the body, which would bring a diverse range of knowledge and insights to the degree program. He extended his wishes to the newly appointed team to create a legacy that would redefine the finance arm of the university and the country.
The following office bearers were appointed at the AGM for 2023-2024.
Professor Wasantha Perera (Advisor), Nuwan Wickramasinghe (President), Nilakshika Madhushani (Secretary), Pasan Illangaratne (Treasurer), Ajiran Bandara (Vice President), Zaina Sallay (Assistant Secretary) and Hansini Palihawadana (Assistant Treasurer).
In addition, the below mentioned Committee members were appointed for the term 2023-2024.
Asanka Jayasekara, Tharinda Jayawardena, Rasanja Perera, Maneesha Jayawardena, Gayan Jayasundara, Dimuth Jayawardena, Muditha Rajapaksha and Randula Hewage.
Business
Ceylinco Life agent among three global finalists for award
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.
Business
CEAT Kelani retains AA+ rating for sixth year
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.
Business
SLT-MOBITEL Enterprise launches Premium Cloud
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.
-
News4 days agoMastermind Naufer Moulavi among 15 found guilty
-
News6 days agoHatton youth protest against reported death sentence for Lankan in Saudi Arabia
-
News5 days agoProtest against setting up of cement factory in highly populated area near BIA
-
News6 days agoMahaweli rises as heavy rain triggers flood, landslide fears
-
Latest News7 days agoLandslide Red Alerts issued to the districts of Kandy, Kegalle and Nuwara Eliya
-
Midweek Review4 days agoThileepan’s fast unto death: An authentic narrative that many missed
-
Editorial4 days agoBig Bad Bills
-
Editorial5 days agoTrouble beginning in earnest
