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Raymond Paranavitharne: ‘A lovely human’

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It was on October 20 that I received the sad news from Romesh that his dad Mr. Raymond Paranavitharne had passed away in Melbourne that morning after a brief illness.I was to say the least, very saddened at hearing this news. It took me sometime to comprehend what he told me. That I will not see Raymond Paranavitharne again.

This sad news brought back to me, a flood of pleasant memories of the man I knew and admired. Gentlemen of the calibre of Mr. Paranavitharne are fast diminishing in the present day world.I first came to know Mr. Paranavitharne in 1985 when we went on army training to Minneriya at the height of the LTTE war as a part of what became known as the Sri Lanka Rifle Corp.(SLRC) SLRC comprised of planters and senior regional administrators of the Janatha Estates Development Board (JEDB) and Sri Lanka State Plantations Corporation (SLSPC). Mr Paranavitharne was at that time regional chairman of the SLSPC Nuwaraeliya region, which comprised of several well-known estates and had been a senior planter himself, before being elevated as a senior administrator. 

We were the first batch of planters and administrators who were sent for this training which was the brainchild of the late General Ranjan Wijeratne to somewhat protect the estate regions. This batch of around 30 of us, ranged from those who were in their early 30’s like me to those in their 50’s like Mr. Paranavitharne. He was probably around 50 years of age like some of the other regional chairmen and directors. The group comprised of at least 5 senior chairmen, several regional directors and few estate superintendents (managers). Army training was tough and gruelling to say the least. Rank and position in the plantation world did not matter to them and all were treated equally. It was here that I first experienced the amazing characteristics of Mr. Paranavitharne.

When some of us were complaining and being remorseful of the army training, he took it in his stride, never complained, and did what was expected of him in the right spirit. The hallmark of a true leader.  I admired Mr. Paranavitharne’s spirit and his courage. It was much later that I realised that his strong character was due to the Godly spirit that he carried which I experienced more in later years.During our training period, some of us younger members enjoyed pulling pranks on a few seniors in the camp occasionally and they were not always amused. Mr. Paranavitharne stood up for us and sometimes joined in the fun too. It was during this period that I realised the respect that many had for this mild-mannered gentleman who up to that time I only knew as a senior regional chairman. From then on, I had the privilege of getting to know him and kept in touch, despite our vast difference in status. I was just a young estate manager and he a senior regional chairman and administrator.Thereafter he was elevated to the no 2 position at the SLSPC Central Board in Colombo. A very prestigious and important role at that time in the late 1980’s. 

I also got to know that he tried to recommend me to a senior administrator’s position at the head office during this period, which of course did not materialize despite his efforts. However, we kept in close touch, and exchanged many ideas and views about introducing new thinking to the plantation industry during this period. Unfortunately, due to an unfair decision as a result of Mr. Paranavitharne standing firm to his principles, he resigned from this position at the SLSPC around 1989 with courage and dignity. He then took up a very interesting role in a BOI venture until he migrated to Australia.His life is a great example to me. Several are the lessons I learnt from him. One was never to let success hit your head. Another was never to complain but to have the inner strength to cope with any situation. For this characteristic, I realised you needed to have that connection with your creator, which I know he had in full measure.

The other great quality I saw in him was how he accepted the high’s and the lows in life, all in the same kind of spirt.  These are qualities that education or money could never buy, however much we strive. This is definitely the grace of God on Mr. Paranavitharne’s life. He was a man who was not only highly respected but well-loved too. Wherever he worked, he always walked with his head held high, and earned the respect and confidence not only of his superiors, but also his peers and subordinates. While he held many prestigious positions, he held each position with pride and dignity. 

My wife and I have been blessed to keep in touch with him and his precious wife Dharshini even after they migrated. He always never failed to give us a call when he came to Sri Lanka and we would catch up on old times. We also had the privilege of being invited to their home in Melbourne in April 2019. Something that I cannot still get over is how he got up from his chair and made the cup of tea for my wife Lorinda and my sister in law, much to our embarrassment. That was the man I knew and will always respect. I last spoke to him over the phone around 3 months ago and had a long conversation and he reminded me once again that we must visit his home on our next visit to Melbourne. This was not to be, and it saddens me that we won’t be seeing this wonderful gentleman anymore.

We feel extremely blessed to have known him, as he was a great inspiration to us. Whenever we met him, he always made us feel so wanted. He had this amazing quality of recognizing and admiring others’ achievements, which is a characteristic of a great leader. His pride and joy, apart from his dear wife Dharshini who has stood tall and strong beside him all these long years, are his three precious children, Manique, Romesh and Samantha.However, in the recent past I found that his pride and joy had embraced his grandchildren too. I recall him telling us how he tries to find ways to entertain and amuse them. It is sad that his grandchildren may not know too much of who and what their Grandpa was. However,

I have no doubt that by now they would have seen and experienced his qualities of humility, patience and love. I cannot call him my friend as that’s not what he was to me. He was more than a friend. A lovely human being and a gentleman to the end. We will truly miss him. In conclusion I know for sure that his life truly reflects the words of the psalmist in psalm 37:23 which says, “The steps of a good man are ordered and established by the Lord and he delights in his ways.” That was his life’s journey.May his soul Rest in Peace in the arms of his creator whom he loved.

– Rohan Fernando



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DFCC Bank’s Ranwarama pawning facility lends a helping hand to those with urgent cash requirements

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DFCC Bank has increased the advances of its “DFCC Ranwarama” Pawning Facility as a solution for families to meet their urgent cash requirements as many families are experiencing financial difficulties due to the COVID-19 outbreak that has had a significant impact on the Sri Lankan economy.

Through this scheme, all Sri Lankan citizens over 18 years of age with the contractual capacity to declare themselves as owners of the articles can now pawn gold or gold jewellery. DFCC Bank accepts jewellery made of 18 Karat -24 Karat gold, with the articles being assayed using the latest available equipment. Items of 24 Karate will hold an advanced value of LKR 82,000/-, while 22 Karat pieces will hold an advanced value of LKR 68,000/- at an interest rate of 0.75% per month. Those who engage in these transactions are provided a maximum of 12 months to settle the pawning advances at their convenience.

DFCC Bank’s Ranwarama Pawning Facility offers many other special features including the highest advance amount at competitive rates of interest, confidentiality and guaranteed security for the articles, flexible payment plans with redemption options when required and redemption without prior notification. All of these facilities are available with no hidden charges, offering customers the best service available in the market.

You may visit a DFCC Bank branch closest to you to transact or visit the Bank’s website at www.dfcc.lk for further information. Customers can also contact DFCC Bank’s 24-hour contact center on +94(11)2350000 for further inquiries.

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HSBC Sri Lanka recognised as the Best Consumer Digital Bank by Global Finance

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HSBC has been recognised as the Best Consumer Digital Bank in Sri Lanka for 2021 by Global Finance at the World’s Best Consumer Digital Banks Awards in Asia-Pacific. While this is the bank’s fourth award win for this year, this also marks the 13th time that HSBC Sri Lanka has been named the Best Consumer Digital Bank, since 2006.

HSBC Sri Lanka is also the only market in Asia Pacific to win the prestigious award this year.

According to Global Finance, the global health crisis accelerated the need for digital and contact-free solutions by banks in helping create safe and efficient banking services for customers. HSBC Sri Lanka was quick to react in supporting customers in providing seamless digital bank offerings in an increasingly demanding environment, while ensuring customers have a secure banking service with a full spectrum of client-centric banking services.

Through its wealth of digital capabilities and offerings, HSBC allowed customers to adopt a mobile-first approach, and provide them with faster, easier and more secure banking services 24/7. The bank introduced a virtual on boarding capability for account opening, loans and credit cards supported by Adobe Live Sign, eKYC and virtual PINs to provide a seamless on boarding experience for customers. HSBC also offers credit card activation through SMS and an e2e virtual registration process for online banking, offering a virtual banking experience.

In Sri Lanka more than 90% of its personal customers now use digital channels including mobile banking, e-wallets, real-time cash deposit machines and other digital services.

Nadeesha Senaratne, Country Head of Wealth & Personal Banking said, “We are truly honoured to be named the Best Consumer Digital Bank in Sri Lanka for 2021 by Global Finance in recognition of our digital capabilities, and delivering important everyday services and features that customers need and expect. As a leading international bank, we are putting the power of our bank in every customer’s pocket, with easier and more secure digital banking. We want to take the hassle out of everyday banking, and enable customers to easily manage their money online, from opening a new account in a few clicks, to making real time payments and accessing credit.”

Senaratne added: “We’re also blending the power of technology with the expertise of our people and empowering our frontline teams with the latest data and insights tools, to be better-equipped to check customer satisfaction in the moment, to understand, and respond to their evolving needs and give customers excellent service.”

Winners were selected by a world-class panel of judges and entries were judged based on the strength of strategy for attracting and servicing digital customers, success in getting clients to use digital offerings, growth of digital customers, breadth of product offerings and evidence of tangible benefits gained from digital initiatives.

Earlier this year, HSBC Sri Lanka was also named International Bank of the Year by Asiamoney and Finance Asia respectively, and International Retail Bank of the Year by Asian Banking & Finance.

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BoardPAC appointed Strategic Partner of Commonwealth’s Business Network – CWEIC

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BoardPAC, the Sri Lanka-based multinational Board meeting automation solutions company, has been appointed a Strategic Partner of the Commonwealth Enterprise and Investment Council (CWEIC), the organisation officially mandated by the Commonwealth Heads of Government to promote trade and investment between the 54 Commonwealth member countries.

This prestigious appointment will see CWEIC relying on BoardPAC’s award-winning solutions to conduct board and committee meetings with members and maintain relationships across the Commonwealth network at a time when the global pandemic’s complete disruption of business activity has resulted in a surge in the demand for efficient board meeting automation.

The Company said the partnership will also effectively promote the BoardPAC platform to new users and facilitate its expansion into new territories and focus markets. BoardPAC already has a global user base in excess of 50,000 and a presence in more than 40 countries.

Noting that BoardPAC’s latest partnership serves as yet another testament to the quality of its solutions, BoardPAC Co-Founder/CEO, Lakmini Wijesundera stated: “Our growth plan includes expanding our worldwide network, and our strategic alliance with CWEIC will strongly help us extend our presence into Commonwealth territories. The strategic cooperation between CWEIC and BoardPAC is especially relevant in light of the worldwide pandemic, and the emerging need for secure remote working and filling the void in virtual board meetings.”

CWEIC Chairman, Rt. Hon. Lord Jonathan Marland said: “We are looking forward to work closely with BoardPAC. The alliance will not only help CWEIC to conduct virtual board meetings securely and safely, but also align ourselves with all governance, risk and compliance as well as environmental, social, and governance frameworks.” Echoing this sentiment, CWEIC Deputy Chair, Sir Hugo Swire stated: “We are excited to partner with BoardPAC and extend modern digital governance and compliance solutions to organisations operating in the Commonwealth.”

Disclosing that BoardPAC’s excellent track record inspired confidence within the CWEIC to implement its solution on a global scale, CWEIC Chief Executive, Samantha Cohen CVO added: “We’re delighted that BoardPAC, one of the most renowned virtual board meeting automation providers in the world, joined our network of Strategic Partners. BoardPAC will add significant value to our board and committee meetings, allowing the CWEIC to conduct meetings with its members throughout the Commonwealth more effectively. The partnership also demonstrates the opportunities within the Commonwealth, and the confidence businesses have towards the Commonwealth and CWEIC.”

A commercial, not-for-profit membership organisation, the Commonwealth Enterprise and Investment Council’s network includes around 100 business and government Strategic Partners (members) including Standard Chartered, Zenith Bank, Trade & Investment Queensland and the Government of the Maldives from 30 countries and territories. Every two years, CWEIC hosts the Commonwealth Business Forum in association with the host country of The Commonwealth Heads of Government Meeting (CHOGM).

BoardPAC is an award winning, multinational, paperless board meeting automation solutions provider, recognised for driving simple, secure, sustainable and experiential communications for Board and Executive members. Leading corporates such as Petronas, Deloitte, EY, Mercedes Benz, Prudential, Hong Leong Group, Stock Exchange of Malaysia, Central Bank of Sri Lanka, Bombay Stock Exchange, Bank Negara, Maybank, Power Grid Corporation of India, Colombo Stock Exchange, and Sri Lankan Airlines are just some of BoardPAC’s success stories, and the Company said the partnership with the CWEIC will pave the way to several more high-profile additions to this list.

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