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Professor (Capt) Nalaka Jayakody awarded Outstanding Alumnus by prestigious World Maritime University

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Cleopatra Doumbia-Henry, president of World Maritime University, often renowned as the ‘Ocean Influencer’ (L), and Prof (Dr) Captain Nalaka Jayakody presently serving as VC and CEO of Northshore International Campus (R)

In recognition of his distinctive contributions to the maritime sector both nationally and internationally, Professor (Dr) Capt Nalaka Jayakody, a renowned academic and Master Mariner, was bestowed an Outstanding Alumnus award on November,1 by World Maritime University (WMU) in Malmo, Sweden, making him the first recipient from South Asia.

This prestigious award was conferred at the convocation by the Chancellor of WMU Kitack Lim who is also the Secretary General of the International Maritime Organization (IMO).

Prof Jayakody obtained his Master of Science (MSc) in Maritime Education and Training (MET) from WMU. This two year full-time programme in 2000-2001 was prior to pursuing his Doctor of Science (DSc) in Maritime Affairs from Dalian Maritime University in China where he also served as a professor. He excelled as a class leader throughout his time at WMU, actively taking part in various activities.

Commenting on this incredible achievement, president of the World Maritime University, Dr Cleopatra Doumbia-Henry, stated ‘It is always a great pleasure to be in close contact with our graduates, and to be able to recognise such an eminent graduate, and one who has made such an impact in the field of education is an immense pleasure. Professor Jayakody is an example of how, if we work together, we can transform our world and ensure sustainable development for everyone in it.’

Prof Jayakody was the first and only Sri Lankan to be elected Vice President of the Student Council. He represented WMU for the Malmo Dragon Boat Race for two consecutive years, and participated in many sports such as soccer, badminton, swimming, squash, and athletic, winning the title Sportsman of the Year in 2001.

‘I am delighted to be recognized with this prestigious award from WMU and would like to thank each and every one that made it possible. I always cherish the memorable moments spent at WMU two decades ago, and my learning and achievements during my time here has with no doubt contributed significantly to my ambitions and aspirations,’ said Prof Nalaka Jayakody who now serves as the Vice Chancellor and CEO of Northshore International Campus.

Prior to this, Prof Jayakody was the Vice President of CINEC, having joined the higher education institute as a lecturer in 1998 and quickly rose to senior lecturer, head of the department, dean of the faculty, and director. His enormous contribution towards state and private higher education and maritime sector in the country goes without saying.

Prior to entering the world of academia, Prof Jayakody was the Master of a merchant ship, having sailed with various types of vessels from 1984 to 1998 in ascending ranks of seniority. His maritime training began in 1984 and went to obtain the first Certificate of Competency (CoC) as Class II Second Officer from the Australian Maritime College in 1989, and later the Master Mariner qualification from the Royal Melbourne Institute of Technology (RMIT), Victoria, Australia in 1994.

He is undoubtedly a well experienced seafarer, having traveled over 90 countries working with diverse cultures and people. He takes great pride in being the first and only Sri Lankan Master Mariner and one of the very few in the world to obtain a doctorate and become a professor to date.

Prof Jayakody’s two other well notable awards include the recent International Leadership Innovation Excellence Award’ 2019 by IES India, and ‘Award of Academic Excellence’ 2014 by the then President of Sri Lanka.

Professor Jayakody DSc (Cn), MSc (Swe), FNI (UK), FCILT (UK), FIMarEST (UK), CMarTech (UK), Master Mariner (Aus) also served as the chairman of The Nautical Institute (NI-UK) Sri Lanka Branch, president of the Sri Lanka Association of Non-State Higher Education Institutions (SLANSHEI), and presently serves as an Advisor – Professional Services (Education) of Export Development Board (EDB). He is also a prominent advisor to various state and private sector authorities and institutions.



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LOLC Al-Falaah unveils pioneering Wadi’ah Gold-Storage Facility with multiple customer benefits

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Sri Lanka’s most awarded and trusted Alternate Financial services brand, LOLC Al-Falaah recently unveiled their ground-breaking new product – the Wadi’ah Gold Loan Facility. This is the 1st time a Finance company in Sri Lanka is offering this facility. Al-Falaah Wadi’ah is a unique gold storage option offered to Al-Falaah’s valued customer base. All gold articles are tested for quality and authenticity using state-of-the art equipment by the company’s experienced staff without causing any damage to the jewellery. A unique ‘Gold Storage Certificate’ with the description of articles, including weight, quality and quantity along with the market value will be issued to the customer when obtaining this facility.

Speaking about the new product, Mr. Shiraz Refai, Deputy General Manager of LOLC Al-Falaah said, “Gold is a favourite investment option at all levels within the concentrated community. The metal is usually pawned, sold or exchanged when in need of cash. As the conventional Pawning options and Gold Loan offering has limitations to cater to the specific needs, as well as contradict with certain beliefs of the community, a concept acceptable and practiced in the industry is introduced by LOLC’s Alternate Financial Services Unit to its valued customer segment”.

Accordingly, a unique feature has been introduced to the Al-Falaah Wadi’ah Gold Storage facility offering the Customer the benefit of obtaining an interest-free maximum Cash-Advance in the industry at zero mark-up against the gold storage certificate value for any emergencies. In addition, for the convenience of the customers, the Gold storage facility period is extended from 3, 6 and 12 months without any requirement for a deposit and the custodial fees are comparatively competitive. The stored gold articles will also be offered a free Takaful cover with a reassurance of highest safety and security.

The Al-Falaah Wadi’ah gold storage facility will be initially available at selected branches including Wellawatta, Akkaraipattu, Kalmunai, Pottuvil, Grandpass, Maradana, Mawanella, Matara, Nawalapitiya and Negombo. Al-Falaah aims to make the facility available across all LOLC Finance branches and dedicated Al-Falaah centers island-wide by the end of the 1st quarter of 2021.

Commenting on the new Al-Falaah Wadi’ah Gold loan facility, Nishantha Jayasekera, Chief Manager, SME Unit & Head of Gold Loan Business of LOLC Finance said, “The main aim of this facility is to give financial-access to the grass-root level clients who do not have direct access to banking & finance, but require small cash advances to develop daily businesses and self-employment. Through this product and its value added features, we hope to cover all segments of the population”.

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LANKATILES donates high-end ventilator to Colombo North Teaching Hospital

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A Rs. 4.3 million ventilator has been donated to the Coronary Care Unit of the Colombo North Teaching Hospital, Ragama, by LANKATILES, the country’s leading tile manufacturer.

The machine was described as a high-end, world-class piece of equipment suitable for all patient groups.

Present at the official hand-over were Mr Mahendra Jayasekera, Managing Director of Lanka Walltiles PLC and Lanka Tiles PLC, Dr. S. P. A. Liyanage Ranaweera, Director of Colombo North Teaching Hospital, and Dr. Sanjeewa Rajapakse, Consultant Cardiologist of the hospital.

At a time when state-of-the-art equipment is urgently needed to contain the COVID-19 pandemic, LANKATILES reaffirmed its commitment to help frontline hospital staff in their efforts at reducing the spread of the virus and easing patient numbers.

The company said this was a commitment it is ready to stand by at all times in the interests of the country.

 

 

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Sampath Bank hosts Central Bank’s ‘MatarataQR’ event to promote QR code use

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Matara, April 3rd, 2021: Sampath Bank PLC recently hosted the Central Bank of Sri Lanka’s (CBSL) MatarataQR event, in a bid to drive awareness and increase acceptance and usage of LANKAQR, the common Quick Response (QR) code standard for the country that was introduced in 2020.

Encouraging consumers to adopt the use of QR codes in their day-to-day transactions, the event was held at the Sanath Jayasuriya Grounds in Matara under the patronage of the Chief Guest, Dullas Alahapperuma, Minister of Power and Guest of Honour, D. Kumaratunga, Director – Payments and Settlements, Central Bank of Sri Lanka; along with senior officials from the CBSL, other commercial banks and financial institutions. Sampath Bank was represented by Nanda Fernando – Managing Director; Tharaka Ranwala – Senior DGM – Operations / Group Chief Marketing Officer and Ajith Salgado – Group Chief Information Officer.

At the event, the Bank actively promoted its ‘WePay’ mobile wallet which helped attract more customers while also onboarding new merchants. A 25% cash back was on offer for payments at over 200 merchants in Matara on the day, made via the LANKAQR enabled WePay digital mobile payment app.

“We are very proud to partner with the Central Bank to host this event that will highlight the safety, convenience and speed of getting onboard the LANKAQR payment standard to the people of Matara. These benefits, coupled with the advanced digital banking solutions offered by Sampath Bank, make it a simple choice to migrate to digital payment technology and we warmly invite the merchants in Matara to come experience the benefits of adopting this new method of payments,” said Nanda Fernando, Managing Director, Sampath Bank PLC.

Sampath Bank is a 100% local bank that has deeply rooted itself in the lives of the people of Sri Lanka. Established in 1987, the bank has become a state-of-the-art financial institution that continues to be a market leader today thanks to its constant innovation and customer focused approach to business. It has introduced many firsts to the Sri Lankan banking sector including introducing ATMs to Sri Lanka, extended banking hours and slip-less banking to name a few. The Bank is steadily transforming itself into a ‘tech company engaged in banking,’ from the traditional approach of a bank engaged in technology.

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