Connect with us

news

Visa appoints Avanthi Colombage as Country Manager for Sri Lanka and Maldives

Published

on

Colombo, July 16, 2021 – Visa Inc. (NYSE: V), the world’s leader in digital payments, announced the appointment of Avanthi Colombage as Country Manager – Sri Lanka and Maldives for Visa. Avanthi will head the operations of the company in the two markets from Colombo and be a part of Visa’s leadership team in the region. She replaces Anthony Watson, who has transitioned to lead Visa’s business in New Zealand.

Avanthi joined Visa in 2017 and has been responsible for client relationships and driving business growth for Visa and its clients. In her client relationship role at Visa, Avanthi has been instrumental in managing various long-term clients of Visa and in forging new partnerships, driving new payment flows and engaging with fintechs across the market.

Prior to joining Visa, Avanthi was with HSBC for 17 years in various roles spanning Commercial Transactional Banking, Card Products and Loyalty, Direct Channels and Digital Banking, and had also led the Cash Management vertical in the Maldives. During her stint at HSBC, Avanthi was also the Head of the Issuing Forum of the PCIASL (Payment Card Industry Association of Sri Lanka).

Avanthi’s in-depth experience in Sri Lanka will aid Visa in deepening its reach and relationships with key decision makers and industry stakeholders, spanning across banks, fintechs, marquee merchants and regulatory authorities. Avanthi was also appointed by the Central Bank of Sri Lanka as a member of the Open Banking Working Committee for 2020-21 to create a collaborative framework for sharing open data.

TR Ramachandran, Group Country Manager, India and South Asia, Visa said, “We are delighted to announce the appointment of Avanthi Colombage as our new Country Manager for Sri Lanka and Maldives. A well-known professional in the banking and financial services industry, Avanthi has played a crucial role in strengthening our business relationships in the region. The Sri Lankan market holds significant growth potential for digital payments – particularly as the government and the regulators actively encourage Sri Lanka’s shift towards a digital economy, through programs such as Cash Wadhe; we look forward to Avanthi and the larger Visa team partnering all stakeholders towards this mission”

On her appointment, Avanthi Colombage, Country Manager – Sri Lanka and Maldives said, “I am excited to have been chosen by Visa to lead our business in the region. Across Sri Lanka and Maldives, we are on the cusp of a significant opportunity to drive greater financial inclusion through digital payments. As the pioneering digital payment network in these markets, Visa is best placed to leverage these opportunities alongside our clients. Working closely with our clients, the regulator and business partners, I am keen to build on the good work done over the years and bring the best of digital payments from across the world to Sri Lanka.”



Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

news

MP’s wife, father-in-law among three detained

Published

on

Rishad held under PTA to be questioned

16-year-old girl’s death:

By Shamindra Ferdinando

Police investigating the death of 16-year-old Ishalini, the domestic servant at All Ceylon Makkal Congress (ACMC) leader Rishad Bathiudeen’s Baudhaloka Mawatha residence have arrested Ayesha Shiabdeen, 46, the wife of the former minister.

Police also took into custody Rishad’s father-in-law Mohammed Shiabdeen, 70, and Ponnaiah Pandaram alias Shankar, 64, a resident of Dayagama.

Police Spokesman Senior DIG Ajith Rohana said that Shankar had brought Ilashini from Dayagama to the Baudhaloka Mawatha residence of Samagi Jana Balavegaya (SJB) Vanni District lawmaker late last year.

Having studied the post postmortem report, they were taken into custody in terms of Section 360 C and Section 308 B of the Penal Code that dealt with human trafficking and cruelty to children, the top police officer said. According to him, so far 20 statements had been recorded.

Asked whether MP Bathiudeen, too, had been among the questioned, Senior DIG Rohana said the parliamentarian detained under the Prevention of Terrorism Act (PTA) over 2019 Easter Sunday carnage, too, would be interrogated in that regard.

The ACMC contested the last general election on the SJB ticket. It switched its allegiance to the SJB ahead of 2020 general election after having represented the cabinet in UNP led yahapalana administration. Rishad has also served President Mahinda Rajapaksa’s cabinet during his second term.

Having suffered serious burn injuries on July 3 at the MP’s residence and admitted to the National Hospital, Illashini succumbed to her injuries on July 15th. Medical examination revealed that she had been raped over a period of time.

The police spokesman said that they intended to secure court approval to detain the suspects for 72 hours. A Superintendent of Police could obtain such approval on the strength of a B report submitted to the court in respect of offenses on children.

Although, the police indicated earlier in the day they would be produced in Colombo Magistrate court they weren’t brought in.

Meanwhile, the SJB said that interested parties were making a despicable attempt to politicize the incident. The police should be allowed to conduct the investigation without interference, a spokesman for the main Opposition party said.

 

Continue Reading

news

Women’s organisations in North conduct protests demanding justice for Ilashini

Published

on

A section of those engaged in Jaffna protests

 

By Dinasena Ratugamage

Women’s organisations in the North yesterday held a number of demonstrations in Vavuniya, Mannar, Kilinochchi and Jaffna against the death of J. Ilashini, the 16 -year-old girl who died while working at SJB MP Rishad Bathiudeen’s residence.

The protesters urged authorities to ensure that investigations into the death are conducted in a transparent manner. The family of the victim should be compensated and those guilty punished, they said.

Representatives of the organisations said that if justice was not done, they would hold a massive demonstration in Tarapuram, Mannar, which Bathiudeen represents in Parliament.

Continue Reading

news

Dancer lodges complaint with police over FB post 

Published

on

Police headquarters yesterday (23) said that dancer Anusha Damayanthi had lodged a complaint with the Criminal Investigation Department (CID) over a Facebook post alleging that she was running a brothel.

Police headquarters said that Damayanthi, while denying the accusation, had also brought to the CID’s notice that a minister was being accused of lambasting the Walana anti-crime strike force for carrying out the raid. Police said that an investigation was underway.

Continue Reading

Trending