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People’s Bank CEO/GM participates as a panelist at regional sustainable finance discussion in France

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People's Bank Chief Executive Officer/General Manager Ranjith Kodituwakku sharing his thoughts at the event

People’s Bank Chief Executive Officer/General Manager Ranjith Kodituwakku was invited to participate as a panelist at the recently-held “SUFIP 2022: Sustainable Finance in the Indo Pacific” event in France co-organized by Agence Française de Développement (AFD) and the EXIM Bank of India.

The event gathered the European and Indo-Pacific development banks on the sidelines of the European Indo-Pacific Ministerial Forum and comprised of opening/closing sessions as well as four panels based on broad thematic areas. Ranjith Kodituwakku was a panelist for the 4th panel “Financing Social Resilience in the Post-Pandemic Indo-Pacific: improving public health, nutrition and agriculture”. The other three Panels discussed key areas including “Sustainable Agenda in the Indo-Pacific: Connectivity and Quality Infrastructures”, “From Climate Agreement to Climate Action: Financing Decarbonisation, Resilience and Biodiversity” and “Accelerating the Energy Transition: Turning Commitment into Reality”.

The Indo-Pacific region will be the engine of global growth and recovery in the post-pandemic era although countries in the region are operating facing multiple challenges especially in the post pandemic economic revival. Both India and France share the view that a new, decentralised, robust, and inclusive economic perspectives needs to be built in the Indo-Pacific that prioritises the economic aspirations of its residents.

This event brought together the different stakeholders from public financial institutions and development banks, to chart out mechanisms for understanding and co-operation on sustainable modernization in the Indo-Pacific region. It presented several institutions with the opportunity to highlight their commitment towards key actions in priority areas including climate and energy transition, digital connectivity, health, biodiversity and the blue economy.

Sharing his thoughts on the event, People’s Bank Chief Executive Officer/General Manager Ranjith Kodituwakku stated, “It gives me great pride to represent People’s Bank and Sri Lanka at such a prestigious regional event that brought together some of the most knowledgeable and experienced individuals in Sustainable Finance on to one stage. With the Indo-Pacific region facing several hurdles in today’s pandemic-hit world it is important that countries and their respective key institutions work closely with each other to come up with solutions to the region’s pressing problems across different areas. This event certainly was a timely one as it brought together the institutions that channel development finance to determine how they can together catalyse progress in sectors such as climate finance, renewable energy, and health.”



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Wing Commander (Retd.) D. Pradeep S. Kannangara elected president, Industrial Security Foundation

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The Industrial Security Foundation (ISF) which acts as the sole organization in Sri Lanka to represent the Private Security industry having incorporated by an Act passed in the Parliament, Act No. 51 of 1999, elected Wing Commander (Retd.) Pradeep Kannangara as its President for the years 2022/2023 at its 30th annual General Meeting which was held at the PIM Auditorium in Borella. Wing Commander Pradeep Kannangara was appointed President while 14 other members were appointed to the Executive Committee, strengthening the ISF in order to drive and uplift the standards of the private security industry in Sri Lanka.

He has served on the ExCo consecutively since 2012 under four different presidents where he held the positions of Senior Vice President during the last three consecutive years. He has also been a committed member of the ISF and was awarded prestigious coveted FISF title due to his many valuable contributions to the organization and the Private Security Industry in Sri Lanka in 2012.

Wing Commander Kannangara’s journey into private security began after a successful career in the Sri Lanka Air Force for over 24 years where he served in many capacities finally being the Officer Commanding of the Special Air Borne Force. A recipient of the Ranasura Padakkama (RSP) Gallantry award for his bravery, sacrifices and service to the nation by the President of the Socialist Republic of Sri Lanka in 1990. He holds a Master’s in business management from the Edith Cowan University, Perth, Australia too and serves as a Board Director in AB Securitas (Private) Limited in Sri Lanka and AB Securitas Bangladesh Limited.

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Kitchen & Bedroom reaffirms its partnership with Häfele Sri Lanka

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(L-R) Pawan Singh- General Manager Sales & Marketing at Hafele Sri Lanka, Jurgen Wolf- Managing Director Hafele South Asia, Dr. Sacquaff- Group CEO Kitchen & Bedroom, and Manish Mahajan, Director Sales Hafele South Asia

Kitchen & Bedroom, a name synonymous in the interior designing and furniture sector in the country recently celebrated its long-standing partnership with Häfele Sri Lanka during the latter’s 12th year anniversary celebratory event, reaffirming its ambitious plans to further strengthen and explore the numerous opportunities available here.

Häfele Sri Lanka, part of Häfele India which is a wholly owned subsidiary of the Hafele Global network, is a technology partner for various projects and initiatives of Kitchen & Bedroom. Both the companies operate in the interior design space, sharing their cumulative knowledge and expertise to provide extensive and personalized solutions catering to domestic requirements.

‘We take great pride in our association with Häfele Sri Lanka having exchanged and collaborated on many projects both commercial and household. We share similar values such as providing high quality, sustainable, functional and customized solutions to our customers, and most importantly to guide them through every aspect and step of the project and how best we could bring out their desired design,’ said Dr. Sacquaff, Kitchen & Bedroom Group CEO.

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DSI strengthens its islandwide presence with three new showrooms

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Amid the prevailing economic hardships faced by Sri Lanka, Sri Lanka’s premier footwear brand DSI recently expanded its islandwide presence in the country with the opening of three new showrooms in Kahawatta, Akuressa, and Chavakachcheri, with the aim of offering greater access to its diversified product range to a wider customer base.

Gracing the special occasion, the showrooms were declared open by D. Samson & Sons (Pvt.) Ltd. Managing Director Thusitha Rajapaksa, in the presence of Director Asanka Rajapaksa, General Manager Pradeep Samarathunga, National Sales Manager – Retail Sales Naleen Weerawardana, invitees, and well-wishers.

Speaking at the opening ceremony, Thusitha Rajapaksa stated: “We are excited about expanding DSI wings to three new locations. Despite the ongoing economic conditions of the country, we took a call to take a proactive measure to expand our islandwide presence. While it has been a challenge, the commitment and hard work of our team has made it possible to serve our loyal customers better, and we are confident that we will be able to continue these efforts in the future as well.”

DSI is renowned for its well-trained staff who offer exceptional customer service. The three new DSI showrooms prioritize providing a unique service and customer support to make purchasing further convenient for the customer.

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