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Softlogic Life’s Lahiru Maduranga takes helm as MDRT Country Chair for Sri Lanka

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Lahiru Maduranga

Focuses on historic ‘MDRT Sri Lanka Day 2026 by MCC Sri Lanka

Lahiru Maduranga, General Manager – Business Development at Softlogic Life Insurance PLC, has been appointed as the Country Chair for Sri Lanka on the Million Dollar Round Table’s (MDRT) global Membership Communications Committee (MCC). This appointment positions him as a key liaison between the world’s premier association of financial professionals and the Sri Lankan industry.

The MCC is a vital global network of over 400 members worldwide, with 14 distinguished members from Sri Lanka’s life insurance sector. These volunteers act as a two-way communication bridge: promoting MDRT’s standards of excellence to professionals and companies in their regions, while conveying local insights back to the MDRT leadership in the USA. Maduranga’s role is central to fostering this culture of excellence at the grassroots level in Sri Lanka.

His first major undertaking in this prestigious role is the orchestration of a landmark event for the local insurance and financial services sector: MDRT Sri Lanka Day 2026 by MCC Sri Lanka. Scheduled for 18th May 2026 at the BMICH, Colombo, this will be the first officially approved MDRT country-day congress held in Sri Lanka, marking the nation’s formal entry into MDRT’s global thought leadership arena.

In an exclusive discussion with The Island, Maduranga outlines the profound significance of this event, its tangible benefits for the profession and the public, and the legacy it aims to build. The following are excerpts from the discussion.

Q: Why is MDRT Sri Lanka Day 2026 a historic milestone?

A: Million Dollar Round Table (MDRT) Sri Lanka Day 2026 is historic because it is the officially approved MDRT country-day congress held in Sri Lanka. MDRT is globally recognized as the pinnacle of excellence in insurance and financial services, and bringing this platform to Sri Lanka places our industry on the global map. It reflects how far Sri Lankan professionals have evolved in ethics, performance, and professionalism.

Q: What are the tangible benefits for local professionals and clients from the congress?

A: This congress is not just inspirational; it is deeply practical. Sri Lankan professionals will gain global best practices in client servicing, ethics, productivity, leadership, and digital adaptation. These insights directly translate into better advice, stronger trust, and higher service standards for clients. Ultimately, better advisors mean better financial security for Sri Lankan families and businesses.

Q: Can you elaborate on the global participation and its impact?

A:With over 500 international participants and speakers from countries such as India, Singapore, and the USA, the congress becomes a cross-border exchange of ideas. It elevates discussions beyond theory into real-world strategies that have worked globally. This exposure challenges local professionals to think bigger, innovate faster, and align with international benchmarks.

Q: How does a non-profit model reflect MDRT values?

A:MDRT stands for ethics, service, and giving back. Making the event non-profit ensures that the focus remains on purpose, not commercial gain. Channeling surplus funds to charities such as the Roshan Mahanama Foundation and the Cancer Hospital reflects MDRT’s belief that professional success carries a social responsibility. This model reinforces trust and integrity—core values of our profession.

Q: What do you think will be the long-term legacy of hosting this event in Sri Lanka?

A:The legacy we seek is a permanent uplift in standards, mindset, and global engagement within the insurance industry. There is strong interest in making MDRT Sri Lanka Day a recurring platform, ensuring continuous learning and international connection.

Q: What’s your core message to all stakeholders?

A: Insurance underpins economic stability. MDRT Sri Lanka Day 2026 is more than an event – it is a statement about trust, professionalism, and Sri Lanka’s readiness to lead globally. Stakeholders in business, finance, and policy should pay attention because this congress shapes the future quality of financial advice in the country.

The ‘MDRT Sri Lanka Day 2026 by MCC Sri Lanka’ congress, under the stewardship of Country Chair Lahiru Maduranga, represents a transformative moment for the nation’s financial services landscape, promising to elevate professional standards, inspire the next generation, and showcase Sri Lanka’s capability on the world stage.

The Million Dollar Round Table (MDRT) is a global, independent association of over 65000 of the world’s leading life insurance and financial services professionals from more than 700 companies in 70 nations.

By Sanath Nanayakkare



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Lanka’s largest solar park set to transform energy landscape and local economy in Hambantota

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A new era in Sri Lanka’s renewable energy is unfolding in the Gonnoruwa Division of Hambantota District, where construction has begun on the country’s largest solar power park. Spanning 450 acres and designed to generate 150 megawatts (MW) of electricity, the US$150 million private-sector-led project is poised to become a cornerstone of the nation’s sustainable energy ambitions.

Officials say the solar park, guided by the Sustainable Energy Authority and the Mahaweli Authority, will make its first contribution to the national grid by the end of this year, with full capacity expected by 2026. Once completed, the facility will rank among Sri Lanka’s largest renewable energy installations, second only to the 210 MW Victoria Dam and the 150 MW Upper Kotmale hydropower project.

The initiative is being framed as a strategic response to recurring power cuts in the Southern Province during annual drought periods. With a projected 20% contribution to the country’s daytime electricity demand, the solar park is expected to significantly stabilize the grid, reduce reliance on fossil fuels, and contribute to the country’s renewable energy targets.

Project Engineer Thilanka Bandara confirmed that preliminary land preparation and boundary works have been completed, with 50 MW already feeding into the national grid. The investment, fully funded through foreign direct investment, local bank loans, and equity capital, requires no government funding. Two private firms are sharing the development, contributing 70 MW and 80 MW respectively.

Bandara highlighted a unique feature of the project: the transmission infrastructure, estimated at US$16 million, is entirely financed by the investors, marking a departure from conventional grid-connected projects. The park will also employ state-of-the-art ground-mounted solar technology, considered the most advanced currently deployed in Sri Lanka.

In a first for Sri Lanka, the solar panels will be installed five feet above the ground, allowing partial-shade crops to be cultivated underneath. Technical Officer Sithmina Bandara explained that this setup will enable the cultivation of food plants such as mushrooms, which thrive in shaded conditions, creating a model for integrated solar-agriculture systems. Agricultural experts have already provided guidance on implementing this initiative, which combines energy production with local food security.

The project is expected to generate 750 to 1,000 direct and indirect jobs, with 400–500 already employed in the initial phase. Long-term maintenance work will provide further employment opportunities, offering a substantial economic boost to the Hambantota region. Environmental management measures are also in place to prevent elephants from entering nearby villages, ensuring harmony between development and wildlife.

All necessary approvals and permits were obtained by February 2025, aligning the project with the Ceylon Electricity Board’s national generation plan. Officials confirmed that upon completion, the total output of the Solar Energy Park will rise to 200 MW, combining existing installations with the new 150 MW facility.

Experts say the Hambantota solar park represents more than just a power generation project. Its innovative design, private-sector financing, and integrated agricultural approach position it as a template for future renewable energy projects in Sri Lanka, reflecting a new model of sustainable development that balances energy, economy, and environment.

By Sirimanta Ratnasekera

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ESU Kandy clinches dominant victory at ‘Battle of Esoftians’

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The Battle of Esoftians, an annual cricket encounter organized by ESOFT Uni Kandy, concluded with a spectacular display of cricketing prowess as the Kandy team secured a massive 245-run victory over ESOFT Metro Campus, Kurunegala. The match was held on the 15th at the University of Peradeniya Grounds.

Winning the toss and electing to bat first, the ESOFT Uni Kandy batsmen dominated the field from the outset. They showcased an explosive batting performance, posting a formidable total of 280 runs for the loss of 5 wickets in their allotted 20 overs.

In response, the Kurunegala ESOFT Metro team struggled against a disciplined bowling attack. The Kandy bowlers dismantled the opposition’s batting lineup, bowling them all out for a mere 35 runs, sealing a historic win for the Kandy campus.

The event was graced by the presence of key officials from the ESOFT management: Amila Bandara – Chief Operating Officer (ESOFT Uni), Dimuthu Thammitage – General Manager (Central Region), Lakpriya Weerasinghe – Deputy General Manager, ?Lahiru Diyalagoda

Centre Manager-Degree Division, ESOFT Metro Campus Kurunegala and Dushantha Sandaruwan – Master in Charge (ESU Kandy Cricket Club)

Team Lineups

ESOFT Uni Kandy (Winners)

Chamath Ekanayake (Captain), Dinuka Tennakoon (Vice Captain), Dushantha Sandaruwan (MIC), Chalitha Rathnayake, Pulasthi Bandara, Isuru Dehigama, Kesara Nuragoda, Aadhil Sherif, Isuru Pannala, Achintha Medawatta, Ahamed Shukri, Gowtham Hari Dharshan, Danushka Sahan, Eranda Bandara, and Damith Dissanayake.

ESOFT Metro Campus Kurunegala (Runners-up)

Adeesha Samarasekara, Savishan Madusha, Lahiru Diyalagoda, Hirun Damayantha, Naveen Madushanka, Daham Pothuwewa, Senuda Thewnaka, M.R. Abdulla, Arunodya Dasun, Mohamad Afri, Desith Perera, Lasitha Ranawaka, Anton Dilon, Shenuka Thirantha, and Kavindu Bandara.

Text and Pix By S.K. Samaranayake

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HNB joins Royal–Thomian “Battle of the Blues” as official banking partner

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HNB Vice President Marketing & Corporate Communications, Upul Adikari, together with HNB, Brand Manager, Ishara Thilakarathne, presents the Official Banking Partner sponsorship cheque to St. Thomas’ College, Warden, Asanka Perera and Royal College Principal Athula Wijewardana, in the presence of the Co-Chairs of the Royal–Thomian Match Organizing Committee and captains from both teams.

HNB PLC, Sri Lanka’s leading private sector bank, has joined as the Official Banking Partner for the 147th edition of the historic “Battle of the Blues,” the Royal–Thomian cricket encounter between Royal College, Colombo, and S. Thomas’ College, Mt. Lavinia. Commenting on the partnership, HNB’s Managing Director/CEO Damith Pallewatte highlighted the bank’s long-standing connection with cricket, including sponsorship of Sri Lanka’s first Test match against England in 1982, and emphasized HNB’s commitment to nurturing young talent and promoting school cricket. The three-day clash for the Rt. Hon. D. S. Senanayake Memorial Shield will take place from March 12–14 at the SSC Grounds, with the Mustangs Trophy one-day match following on March 28 under lights. HNB’s inaugural involvement marks a milestone in the bank’s sports marketing journey, strengthening its role in the school cricket ecosystem. The bank will enhance the spectator experience by introducing digital and cashless banking solutions, modernizing the event while preserving its rich heritage and sporting tradition.

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