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SLID sets sights on international network to enrich training of future corporate directors

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by Sanath Nanayakkare

The Sri Lanka Institute of Directors (SLID), cementing a relationship with Institutes of Directors (IODs) of India, Singapore and Malaysia and building good contacts and rapport with IODs of the United Kingdom and Australia, is planning to give more from its popular Board Leadership Training Programme to future corporate leaders in Sri Lanka.

SLID Chairman A.R Rasiah made this observation at Cinnamon Lakeside, Colombo on Wednesday at the SLID Annual Membership Meeting (AMM) held with full in-person attendance, ensuring adherence to the guidelines set out by the health authorities.

The 8th AMM unanimously re-elected all office-bearers including Council Members to represent the interests of the Institute and achieve its desired outcomes amid unprecedented challenges in the year ahead.

Many high-profile corporate leaders, directors and professionals attended the event where Fabrice Cavallin, Managing Director of Nestle Lanka was the chief guest.

The AMM re-elected office bearers- A. R Rasiah, Chairman, M.O.F. Salieh, Senior Vice Chairman, Ms. Aroshi Nanayakkara, Vice Chairperson, M. P. Jayawardena, Immediate Past Chairman and Council Members – D. Rodrigo, Ms. N. Tambiah, R Abeysuriya, Vish Govindasamy, Prakash Schaffter, Dinesh Weerakkody and Ms. Aruni Rajakarier and Secretariat/ Secretary to the Council Ms. Radika Obeyesekere -CEO.

Speaking on the plans ahead Rasiah said: “SLID is now updating its popular Board Leadership Training Programme by revamping to take into consideration the modern changes and the “new norm” in the corporate world. I thank the IFC for its support and assistance given to us. SLID is now trying to build a regional relationship with IODs of India, Singapore and Malaysia while making good contacts and rapport with IODs of United Kingdom and Australia. Integration of global insights from these IODs will enrich our Board Leadership Training Programmes”.

“SLID from its humble beginnings has grown to be in stature and recognition in Sri Lanka today. The very fact there were many organisations willing to partner SLID in many ventures and the excellent response from members to be co-opted into various sub committees was certainly proof of the contribution SLID has been making. The theme of propagating Corporate Governance and training the potential and current directors were the main goals which have been carried out very well. SLID team travelled outstations regularly with the support of the local chambers to conduct seminars to promote Corporate Governance. However due to the current Covid-19 situation, this has been somewhat hampered. However the Secretariat, headed by new CEO, Ms Radika Obeyesekere was very active and conducted five webinars on important topics during the curfew period which were very well attended. Key sub committee forums; namely the audit forum headed by Suren Rajakarier, the Independent directors forum (INED) headed by Faizal Salieh and the recently formed Women Directors forum headed by Ms. Aroshi Nanayakkara have been active all along”.

Fabrice Cavallin Managing Director of Nestle Lanka illustrating his presentation with a video clip explained how Nestle Lanka dealt with the challenges during the Covid-19 situation and how the company empowered its staff by giving them visible leadership from the front, to identify and make the best of the new opportunities that arose with it.

Notably the SLID AMM approved by resolution, to ensure that women make up 25% of its Council Members.



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Hemas Consumer strengthens portfolio with L’Oréal partnership in Sri Lanka

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Hemas Consumer, the leading manufacturer and distributor in Sri Lanka’s beauty and personal care sector has strengthened its portfolio of offerings in a groundbreaking partnership with the world’s number one beauty company, L’Oréal. With this partnership Hemas Consumer obtains distributor rights to leverage its sales network and innovative marketing approaches in taking L’Oréal’s wide range of beauty and personal care brands across Sri Lanka.

Commenting on the new partnership, Sriyan de Silva Wijeyeratne, Managing Director, Hemas Consumer & Executive Director Hemas Group said, “We have spent over fifty years building successful and strong consumer brands in Sri Lanka. In keeping with our promise of consumer delight and trust, we are elated to partner a world-class cosmetics group like L’Oréal expanding our existing portfolio with the world’s most sought-after beauty and personal care products.

We are well equipped in our distribution process with island-wide sales channels to serve all parts of the country. I believe this partnership will revolutionize Sri Lanka’s beauty care industry and more prospects await as we continue to look ahead with L’Oréal.”

Sabrina Esufally, Director Business Development and Innovation at Hemas Consumer said, “This partnership will enable Sri Lankans to access the iconic brands and solutions created through years of research and innovation by L’Oréal. In the fast evolving and dynamic beauty industry, the combined strength of Hemas’s local heritage and penetration, and L’Oréal’s global technology and trust is the perfect recipe for consumer delight.”

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DFCC Bank supports industrial excellence by partnering CNCI Achiever Awards

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DFCC Bank PLC, stepped up once again for the 3rd consecutive year to partner with the Ceylon National Chamber of Industries (CNCI) as the principal sponsor and official banking partner of the CNCI Achiever Awards 2020.

The CNCI Achiever Awards was held for the 19th consecutive time to recognize the outstanding efforts of exceptional performers who have molded their respective industries with innovative solutions, while overcoming challenges and meeting the demands of their clientele. This year, the event was recently held under strict health guidelines at the Galadari Hotel in Colombo. 

Commenting on the sponsorship, Chief Executive Officer of DFCC Bank PLC Lakshman Silva stated, “We are pleased to have partnered with the Ceylon National Chamber of Industries (CNCI), as the Main Sponsor and Official Banking Partner of the 19th CNCI Achiever Awards 2020. DFCC is honored to partner in reconciling successful Sri Lankan businesses from various industrial sectors. Our partnership with this prestigious awards programme aligns seamlessly with our commitment to foster and reward industrial growth across the country and support local entrepreneurs in MSME & SME sectors.”

 

 

 

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Lanka SSL triumphs with National Gold and Top Ten Awards

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CNCI Achiever Awards 2020

Lanka Special Steel Limited (Lanka SSL), a trusted name in wires and a fully-owned subsidiary of E B Creasy & Company PLC, was recently awarded the coveted National Gold Award under the Extra Large category in the Manufacturing Sector at the Achiever Awards 2020 for Industrial Excellence.

The annual event organized by the Ceylon National Chamber of Industries (CNCI) was held in March 2021 at Colombo, and celebrated some of the leading industrialists in the country for their tremendous and continued efforts in uplifting and promoting quality standards, productivity, growth and strategy, R&D, employee welfare and others whilst contributing to both the society and economy at large.

‘We are immensely proud to have been recognized with two very prominent awards at this year’s CNCI Achiever Awards. It is a huge leap from just winning a Merit Award the last time around, and this incredible achievement certainly reflects our highly ambitious plans to strive for continued excellence. We would like to thank our valued customers and all stakeholders. We are grateful to our hardworking and committed staff at Lanka SSL who have made this possible,’ said Pravin De Silva, CEO of Lanka SSL.

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