Sri Express 
In the heart of Sri Lanka’s commercial landscape, the CMA National Management Accounting Conference 2023 unfurled its curtains at the Cinnamon Grand, welcoming a select group of Sri Lanka’s finest financial brains to a night of reverence and recognition. In the sophisticated milieu of this prestigious event, CMA Sri Lanka bestowed upon its contributing members its coveted Professional Excellence Awards—acknowledging the indomitable spirit and unwavering commitment these maestros have infused into their professions. Against the stark backdrop of an upturned economy, the conference, themed ‘Sustainability and Value Creation in an Economic Turmoil,’ honored the very individuals who are pioneering pathways through the corporate tumult with agility and foresight.
It was an assembly marked by the presence of illustrious personalities, including the esteemed Governor of the Central Bank, Dr. Nandalal P. Weerasinghe, who, along with CMA President Prof. Lakshman R. Watawala and Vice President H.M. Hennayake Bandara, bestowed the awards. The recipients, drawn from the highest echelons of business leadership within the realm of CMA Sri Lanka, were lauded for their contributions that transcended mere fiscal management and ventured into the realms of strategic foresight and business ethics—becoming benchmarks of excellence in an ever-evolving economic landscape mired by challenges.
Key Takeaways
- CMA Sri Lanka’s conference accentuated management accounting’s pivotal role during economic strife.
- The Professional Excellence Awards highlighted the achievements of top accounting professionals in Sri Lanka.
- Emphasis remained on sustainable practices and value creation as fundamental to traversing economic uncertainties.
- Esteemed business leaders received recognition for upholding the principles of excellence and stewardship in their respective fields.
- The event underlined the importance of sound financial leadership as integral to corporate and national prosperity.
Recognizing Professional Excellence in Sri Lankan Accountancy
The esteemed CMA Professional Excellence Awards are the pinnacle of accounting recognition in Sri Lanka, celebrating the outstanding achievements and dedication of Sri Lankan accountants. These awards are not only a mark of individual prowess but also serve as a beacon of professional excellence, inspiring others within the community to strive towards such high standards of business management and financial guidance.
Overview of CMA Professional Excellence Awards
The CMA awards are a testament to the remarkable performance of those who have not only excelled in their careers but have also made significant contributions to the accounting profession. These notable accountants, who are Fellow Members of the CMA Sri Lanka, embody the very essence of accounting leadership and are instrumental in driving Sri Lanka’s economy forward.
The Inauguration Event: Venue and Theme
The CMA inauguration event unfolded in the grandeur of the Cinnamon Grand, a significant event in the Sri Lankan corporate calendar. Themed ‘Sustainability and Value Creation in an Economic Turmoil,’ the management accounting conference emphasized the critical role of financial professionals amid the country’s economic challenges, spotlighting their pivotal role in sustainable economic progression.
Contribution to the Accounting Profession by Awardees
Award winners of this year’s CMA Professional Excellence Awards have made notable strides within their organizations while providing financial guidance that extends beyond conventional boundaries. These individuals have displayed exceptional expertise in various sectors including non-bank financial oversight, tax advisory, executive management, and strategic business management—thereby reinforcing the stature of CMA Sri Lanka in nurturing leaders who uphold the principles of professional excellence.
CMA Sri Lanka presents Awards of Excellence in Business Management
The conferral of the Leadership Awards by CMA Sri Lanka symbolizes a profound appreciation for excellence in business management and a dedication to upholding the highest standards of corporate governance. Amidst the economic upheaval, CMA Sri Lanka recognized the financial leaders whose strategies and ethical practices have not only guided their own corporations through difficult times but have also set benchmarks for the industry at large.
This illustrious gathering celebrated the accomplishments of those whose insight into the complex financial landscape molds the way businesses endure and thrive. As bearers of excellence, the awardees’ drive and vision espouse the values that CMA Sri Lanka holds dear, serving as a lighthouse of inspiration for generations of management professionals to come.
- Commitment to corporate governance through times of challenge.
- Inspirational leadership fostering stabilization and growth in the economy.
- Embodying the values central to the vision of CMA Sri Lanka.
- Award recipients setting the course for emerging professionals in finance.
The event highlighted the coalescence of expertise and responsible stewardship. It served as a reminder that despite economic adversities, excellence in business management remains a crucial, unfaltering pillar in the effort to elevate Sri Lanka’s position in the global financial circuit. Proudly, CMA Sri Lanka honors these guardians of economic progress, crowning their achievements with the much-deserved acclaim.
Notable Contributions of Awardees to Sri Lankan Economy
The CMA Professional Excellence Awards were not simply ceremonial accolades but a testament to the consequential impact these professionals have had on the Sri Lankan economy. The distinguished awardees have demonstrated a collective fortitude and insight crucial for steering the nation’s financial institutions, businesses, and regulatory frameworks towards resilience and growth. Examining the merits of their contributions reveals a tapestry of leadership and expertise that underscores the vital role of strategic financial partnerships and corporate executive leadership in Sri Lanka.
Janaka Karunaratne: Supervision of Sri Lanka’s Non-Bank Financial Institutions
At the heart of financial institution oversight is Janaka Karunaratne, whose role as Assistant Governor at the Central Bank of Sri Lanka is instrumental in regulating non-bank financial entities. His sterling efforts ensure that these institutions maintain central banking standards of integrity and stability, fortifying the broader dynamics of the Sri Lankan economy.
Kusal Nissanka: Enhancing Colombo Stock Exchange’s Financial Administration
In the realm of the Colombo Stock Exchange, Kusal Nissanka stands out for his pivotal enhancement of financial administration and governance. His tenure as Senior Vice President of Finance and Administration reflects stock market excellence, augmenting investor confidence and contributing sustainably to the capital market’s robustness.
Ruchira Perera and K. Sivanesan: Setting a High Bar in Charted Accountancy and Tax Advisory
Embodying accountancy leadership, Ruchira Perera and K. Sivanesan have carved niches in chartered accountancy and tax advisory expertise. As stewards of financial consulting, their work with CMA Sri Lanka and Amarasekara & Company respectively adds immense value to the economic and fiscal health of the nation’s businesses and individual clientele.
Supun Weerasinghe and Mohan Thanthirige: Executive Achievements in Telecommunications and Finance
Spearheading transformative changes in telecommunications, Supun Weerasinghe’s role as Group Chief Executive at Dialog Axiata delineates a clear trajectory of telecommunications impact. Joining him in the spotlight of excellence, Mohan Thanthirige’s executive prowess as Senior Vice President and Group Financial Controller at John Keells Holdings underlines significant financial service advancements and contributions to the economic fabric.
Nishtar Sulaiman, Russel Fonseka, Jeewani Abeyratne, and Priyanka Jayatilake: Distinguished Partnerships in Tax Services and Finance
Also receiving well-earned recognition for financial service excellence are Nishtar Sulaiman, Russel Fonseka, Jeewani Abeyratne, and Priyanka Jayatilake. Their respective roles at Ernst & Young, Bank of Ceylon, Haycarb PLC, and KPMG Sri Lanka and Maldives resonate with tax consultancy precision and the fostering of strategic financial partnerships that collectively enhance commercial performance and compliance, thereby strengthening the backbone of the Sri Lankan accountants‘ community.
