Business
CIPM Webinar on Managing Employee Wellbeing for High Performance Attracts Over 200 Participants
CIPM Sri Lanka – the Nation’s leader in human resource management recently organized a bilingual webinar to share expert insights on “Managing Employee Wellbeing for High Performance in the Workplace”. The evening webinar attracted over 200 enthusiastic participants. Moderated by Ken Vijayakumar-Vice President CIPM Sri Lanka and Director HR, Waters Edge the expert speaker panel comprised of Mrs. Davina Kern-Head of Group HR, David Pieris Holdings (Pvt) Ltd, Dr Thivanka Munasinghe-Family Physician and Dr Heather Fernando-AGM HR, Metropolitan Technologies (Pvt) Ltd.
“In the context of the far-reaching effects of the pandemic, there is no doubt that employee wellbeing was affected. HR practitioners should take the lead to ensure that the enabling environment for employee high performance and engagement is maintained with innovative, out of the box thinking to care for their employees’ wellbeing thereby overcoming the challenges in the new normal,” said Ken Vijayakumar.
At the outset, the panelists presented their views on many interesting and important areas including the definition of employee wellbeing in the context of HRM, importance of employee wellbeing for HR practitioners and professionals, best practices for employee wellbeing adopted by organizations during the pandemic, how employee wellbeing adds value to organizational performance and future strategies that can be adopted for employee wellbeing.
Explaining that employee wellbeing is the way employees’ work, with their expectations, with workplace affects on their overall health and happiness, Dr. Thivanka Munasinghe said that the state of being comfortable with good health was dependent on the employees emotional, career, social, financial, and physical status which are known as the 5 pillars of wellbeing. “By understanding & listening to our employees we can improve their happiness and the sense of wellbeing. Eventually, they will give an improved and increased productivity for the organization” he added.
Sharing her views, Dr Heather Fernando said that employee wellbeing is a state of psychological element that is shaped by engagement, their work expectations, and how their overall health and happiness is managed by the employer. “HR professionals should strategically leverage on-site resources to generate a healthier and happier workforce that contributes with high productivity for high profitability. Human capital is the heart of a successful organization specially in tough economic times. Therefore, having a happy and healthy workforce could bring high economic values to the bottom line” adding that during these unfamiliar times there is no doubt that employee wellbeing is a growing concern.
Davina Kern said “everyone feared the deadly Covid-19. All employees needed an understanding setting to perform. Bosses, colleagues who are accommodative, who are there in need. Covid-19 took a toll on mental wellbeing of everyone. HR needs to be able to decide which task to be assigned to whom based on competencies. Companies who understood what really mattered to them focused on priorities and won people, customers and revenue” and emphasized that post pandemic it was important for HR to take a leadership role to help employees reconnect in an environment of coming back to office and supporting them to work remotely in terms of improving competencies required.
A game-changer for Sri Lanka’s capital market
As the global community convened for the World Bank Group’s 2025 Spring Meetings under the timely theme “Jobs: The Path to Prosperity,” one message stood out: prosperity in the developing world depends not only on physical infrastructure but also on strong financial systems.
Among the influential voices at this year’s gathering was Douglas L. Peterson, Special Advisor to S&P Global and a longstanding advocate of resilient market economies.
Drawing from a decade-long tenure as CEO of S&P Global, Peterson delivered key insights that resonate deeply with the challenges and opportunities facing emerging economies such as Sri Lanka.
Peterson stressed that while global capital is abundant, it doesn’t move indiscriminately. “It follows signals, namely, data, transparency, regulatory certainty, labour and market stability.”
“When investors look to deploy capital in developing markets, they’re seeking a solid financial infrastructure,” Peterson said. “That includes reliable data, transparent pricing mechanisms, independent credit rating agencies, and clearly defined bankruptcy laws.”
These factors may not make headlines, but Peterson underscored their essential role.
“Financial infrastructure enables confidence, and confidence attracts investment,” he said.
A key initiative Peterson is championing in collaboration with the World Bank is titled ‘Originate to Distribute’, a structured finance approach where loans are created by institutions like the World Bank but sold to private investors.
Traditionally, loans from development banks remain on their balance sheets for decades. This initiative proposes standardising and structuring such loans so that private investors can purchase, pool, and trade them – essentially converting infrastructure loans into a new, tradable asset class.
“This is about creating velocity and scale,” Peterson said. “If the World Bank can originate loans and distribute them to the private sector, every dollar stretches further. It helps close the multi-trillion-dollar infrastructure investment gap.”
For countries like Sri Lanka, where public finances are under pressure, such a model could unlock significant private capital provided the regulatory environment and financial infrastructure are prepared to support it.
In alignment with the World Bank’s focus on job creation, Peterson prioritised five sectors he believes are pivotal for employment growth in developing nations: infrastructure (both physical and digital), agri-business, healthcare, tourism, and manufacturing. The common thread across all these sectors, he asserted, is infrastructure.
“Build an airport and you get hotels, transport services and even carbon savings,” Peterson said. “A bridge not only connects communities but also cuts costs, travel time, and emissions.”
According to Peterson, infrastructure investment yields a multiplier effect, often generating an additional $1.40 to $1.60 for every dollar spent. It also catalyses other industries. Manufacturing depends on roads and ports; tourism needs transport and energy; agriculture requires logistics and storage; and healthcare relies on reliable access and communication systems.
Peterson’s reflections also touched on a more structural issue that Sri Lanka is currently facing; the need to develop robust domestic capital markets. He emphasised moving beyond a banking-dominated financial system toward one that includes institutional investors like insurance companies and pension funds.
“These institutions become long-term investors,” he noted. “They form the foundation for sustainable infrastructure investment. Homegrown capital reduces reliance on external debt and increases financial resilience.”
Peterson’s remarks serve as a timely reminder as job creation and long-term prosperity in Sri Lanka will not come through piecemeal efforts. Instead, they require coordinated investments in both physical and financial infrastructure, from better roads and ports to regulatory frameworks that inspire investor confidence.
Unlocking private capital through trust, transparency, and smart financial engineering is the way forward. And as leaders like Peterson have shown, the tools and models already exist. It is now up to policymakers and financial leaders in Sri Lanka to ensure Sri Lanka is ready to embrace them.
Douglas L. Peterson currently serves on the board of the UN Global Compact and was formerly CEO of S&P Global, where he expanded the company’s market capitalisation from $16 billion to over $150 billion. He also led the G7 task force on sustainable finance in 2021.
By Sanath Nanayakkare
The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) successfully organized a visitor delegation to Intersolar Europe 2025, held from 7 – 9 May in Munich, Germany. Recognized globally as one of the most significant and comprehensive trade fairs dedicated to the solar industry, Intersolar serves as a premier platform for showcasing the latest innovations in renewable energy and sustainable technologies.
The Sri Lankan delegation comprised senior representatives from prominent companies in the sector, including Mega Solar, Micro PC Systems, Eco Solar Rays, and Puwakaramba Building Solutions, reflecting the country’s growing commitment to advancing renewable energy solutions.
The primary objective of this visit was to provide Sri Lankan companies direct access to the latest developments in solar technology, including sustainable energy solutions, energy storage systems, e-mobility, floating solar applications, agrivoltaics and recycling solutions. By connecting local enterprises with cutting-edge technologies and global industry leaders, AHK Sri Lanka aims to facilitate the adoption of modern energy solutions in Sri Lanka and support the nation’s broader transition to a more sustainable and energy-secure future.
A key highlight of the delegation’s agenda was a strategic meeting with the organizers of Intersolar Europe. This engagement provided valuable insights into the exhibition’s future vision and fostered discussions on potential collaboration opportunities between German and Sri Lankan stakeholders in the renewable energy sector.
Further amplifying the value of the delegation, AHK Sri Lanka coordinated over 25 tailored B2B meetings between Sri Lankan companies and German/European industry counterparts. These curated matchmaking sessions enabled participants to explore commercial opportunities, initiate technical partnerships, and lay the groundwork for future investments and joint ventures.
Prime Group, Sri Lanka’s leading real estate brand with a 30-year legacy and international branches in Australia and Dubai, has named celebrated Sri Lankan music icon Umaria Sinhawansa as its Global Brand Ambassador. This partnership unites two Sri Lankan powerhouses to showcase local talent and excellence worldwide.
The collaboration aims to strengthen Prime Group’s global expansion while promoting Sri Lankan culture. Umaria, who bought her first property from Prime Group a decade ago, expressed pride in representing the brand. Prime Group’s Co-Chairperson, Sandamini Perera, highlighted Umaria’s embodiment of Sri Lankan heritage and global appeal, aligning with their mission to elevate the country’s real estate innovation.
Together, they aim to inspire trust, connect with international markets, and celebrate Sri Lanka’s cultural richness on a global scale.
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