Chandana L. Aluthgama Resigns as Group Chief Executive Officer of SLIC
Sri Lanka Insurance Yesterday announced the resignation of its Group Chief Executive Officer, Mr. Chandana L. Aluthgama, effective (1st August 2025). Mr. Aluthgama assumed duties as the Chief Executive Officer of Sri Lanka Insurance Corporation in 2018. His leadership continued with Sri Lanka Insurance Life Ltd. following the segregation on 1st of February, 2024. Over […]
Dr. Harshana Suriyapperuma Appointed New Secretary to the Ministry of Finance
President Anura Kumara Dissanayake has appointed Dr. Harshana Suriyapperuma as the new Secretary to the Ministry of Finance. The letter of appointment was handed over to Dr. Harshana Suriyapperuma by the Secretary to the President Dr. Nandika Sanath Kumanayake this morning (23) at the Presidential Secretariat. Dr. Suriyapperuma has been involved in capital market regulation […]
World Bank Group to Support Sri Lanka’s Clean Energy Transition with $150 Million Program
The World Bank Group today approved a new $150 million program to support Sri Lanka’s move toward clean, reliable, and affordable energy. The program—Secure, Affordable, and Sustainable Energy for Sri Lanka—will support the country reduce its reliance on expensive fossil fuel imports and accelerate its shift toward solar and wind. “This program will help deliver […]
World Bank Group Brings Together Public and Private Sectors to Expand Childcare Access and Boost Women’s Employment in Sri Lanka
Expanding access to affordable and quality childcare could be Sri Lanka’s next big move toward creating more and better jobs. The World Bank Group hosted a high-level event “Childcare as an Enabler of Women’s Increased Economic Participation in Sri Lanka,” urging the importance of closing the childcare gap to enable greater participation of women in […]
DFCC Bank and Ceylon Chamber of Commerce Forge Strategic Partnership to Strengthen Customer-Centric Banking
DFCC Bank PLC has entered a partnership with The Ceylon Chamber of Commerce, to formally integrate Ceylon Chamber-led macroeconomic and sectoral intelligence into its service model. This strategic collaboration is set to enhance both internal expertise and client-facing value, reinforcing DFCC Bank’s position as the most insight-driven and customer-aligned bank in the country. By harnessing […]
LOLC appoints Ishara Nanayakkara as Executive Chairman
LOLC Holdings PLC has announced the appointment of Mr. Ishara Nanayakkara as its Executive Chairman, effective immediately. The Board of Directors made the decision today (5th June 2025), following a review and recommendation by the Nominations & Governance Committee. Mr. Nanayakkara, who previously served as the Group’s Executive Deputy Chairman, brings with him over two […]
Sri Lanka’s cenbank expected to hold rates to bolster growth
Sri Lanka’s central bank is expected hold policy rates unchanged for a third consecutive meeting on Thursday in its bid to boost economic growth and help mitigate the fallout from potential U.S. tariffs, a Reuters poll showed. The country grew at a better-than-predicted pace of 5% in 2024, a turning point after its economy tumbled […]
Sampath Bank Names Sanjaya Gunawardana as Next Managing Director
Sampath Bank has appointed Sanjaya Dias Pujitha Gunawardana as Managing Director-Designate, effective 1 July 2025. He will officially take over as Managing Director on 25 September, following the retirement of current MD Ayodhya Iddawela Perera, who goes on leave starting July. Gunawardana, currently Chief Strategy Officer, has been with Sampath Bank for over 35 years […]