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Dr Sharmini Coorey appointed Independent, Non-executive Director

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Dr Sharmini Coorey

Dialog Axiata PLC, Sri Lanka’s premier connecitivty provider, announced the appointment of Dr Sharmini Coorey as an Independent, Non-executive Director on the Board, with effect from 15 October 2022.

Dr. Sharmini Coorey is a former senior official of the International Monetary Fund (IMF) and currently a member of the Presidential Advisory Group on Multilateral Engagement and Debt Sustainability advising the Government of Sri Lanka during the economic crisis. She joined the IMF through the Economist Program in 1986 and, during her 35 year career at the IMF, worked in positions of increasing seniority in its African, Asia and Pacific, European and Western Hemisphere departments, as well as its Strategy, Policy and Review Department.

Prior to her retirement in October 2021, Dr. Coorey served as the Director of the Institute for Capacity Development (ICD) for almost nine years. She was instrumental in establishing ICD, the IMF’s department for capacity building and was key in providing strategic direction for the governance, management, and funding of the IMF’s capacity building activities. She also oversaw the IMF’s training for country officials world-wide, including establishing its online program which trained over 100,000 government officials in policy-oriented macroeconomics during her tenure.

Before heading ICD, Dr. Coorey was Deputy Director in the IMF’s African Department (AFR), where she oversaw the IMF’s work in a number of countries including South Africa, Botswana, and Zimbabwe. In addition, she led AFR’s financial sector work and research agenda. Dr. Coorey’s experience at the IMF also includes surveillance work on the United Kingdom, Ireland, the United States, and Canada as well as program work on Korea, Estonia, Mexico, and the Dominican Republic. She served on the Investment Committee of the IMF Staff Retirement Plan and on the Editorial Committee of IMF Staff Papers. She was also a visiting researcher at George Washington University’s Elliott School for International Affairs in Washington DC.

Dr. Coorey holds Ph.D. and bachelor’s degrees in Economics from Harvard University. She has published papers on inflation and economic growth in transition and developing countries and edited a book on managing the oil wealth of the CEMAC region.



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Lotus Tyres celebrates success with luxurious retreat for top performing dealers

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Lotus Tyres dealers and families

Samson Rubber Industries Pvt. Ltd recently arranged a luxurious retreat at a star-class hotel to express gratitude to Lotus Tyres dealers and their families. The dealers and their family members enjoyed two days of relaxation and fun at Hotel RIU – Ahungalle, creating lasting memories together. Lotus Tyres, which previously organised a similar programme at the RIU Hotel, received high praise from Tyre Dealers for organising another successful event. Winners of the sales promotion programme organised for dealers who met their sales targets last year (2023), were rewarded with this special opportunity. The event was attended by the management of Samson Rubber Industries, along with the sales and marketing team of Lotus Tyres.

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ComBank donates milestone 300th IT Lab to Nalanda Boys School Minuwangoda

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Commercial Bank Chairman Sharhan Muhseen, Deputy Chairman Raja Senanayake and Managing Director/CEO Mr Sanath Manatunge at the formal opening of the 300th IT Lab donated by the Bank.

Commercial Bank of Ceylon’s nationally-significant campaign to boost digital literacy in Sri Lanka has reached an impactful milestone with the completion of the 300th IT Lab donation by the Bank.

Commercial Bank Chairman Sharhan Muhseen, Deputy Chairman Raja Senanayake, Managing Director Sanath Manatunge, Chief Financial Officer Nandika Buddhipala and Deputy General Manager Retail Banking & Marketing Hasrath Munasinghe, who are Trustees of the Bank’s Corporate Social Responsibility Trust, led the Bank’s representation at the beneficiary school – Nalanda Boys Central College, Minuwangoda, at this event.

Every IT lab donated by the Commercial Bank is equipped with new computers and accessories, and furniture, and is maintained and upgraded by the Bank periodically to ensure that the labs are used by multiple batches of students over many years. The Bank estimates that the IT labs it has donated to schools have already benefitted more than 300,000 students.

Funded as a flagship corporate social responsibility initiative of its CSR Trust, Commercial Bank’s IT education programme is aligned with the country’s Sustainable Development Goals, one of which is to ensure inclusive and equitable quality education and promote lifelong learning opportunities for everyone.

In 2023, the Bank launched a new project to promote science education in 50 schools in collaboration with the National Science Foundation (NSF) and the Science Branch of the Ministry of Education. The project is one of a series of initiatives supported by the Bank to take science, technology, engineering, and mathematics (STEM) education to schools across the country.

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Eco Tablet launches latest vehicle-care products

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Media Coordinator of Eco Tablet Rangila Dasanayaka at the launching event

Eco Tablet has launched their latest products, Glass Reborn and Glass Cleaner Rain Drop, which clean all the glass and side mirrors of vehicles and give them a brighter and transparent look. Their latest product, Glass Reborn removes dust particles, acid rain stains and minor scratches from front and rear windshields, door and quarter glasses and side mirrors, giving them a brand new and clear look. It can be used for glasses and side mirrors of vehicles manufactured in any part of the world such as Japan, Europe, India, Korea, the United States of America and China. After shaking the Glass Reborn bottle, a few drops of it should be applied on the glasses and mirrors and rubbed well to remove stains. It should later be wiped with a microfiber or clean piece of cloth. A 130 millilitre-bottle of Glass Reborn can be used for more than five small cars.

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