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CA Sri Lanka holds inaugural CFO Forum committee meeting

Aspiring for a greater partnership with the country’s top Chief Financial Officers (CFOs), one of Sri Lanka’s largest professional organisations, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently held its inaugural CFO Forum Committee Meeting in the presence of international financial expert, Mr. John O’Grady, Partner and the Asia Pacific Area IFRS Leader for Ernst & Young Australia with almost 30 year experience in the fields of audit and accounting.

The primary aim of the CA Sri Lanka CFO Forum Committee chaired by Ms. NilanthiSivapragasam, Chief Financial Officer of Aitken Spence PLC, is to provide a platform for Sri Lankan based CFOs to discuss issues facing them and their companies particularly in respect of achieving high quality standards in financial reporting and corporate governance, which is critical in the present context with Sri Lanka adopting to the International Financial Reporting Standards to ensure convergence in line with global trends thereby enabling a common language for financial reporting process.

The CA Sri Lanka CFO forum comprises of 50 senior financial professionals who represent the country’s foremost top companies. The primary aim of this forum will be to initiate a closer dialogue among these professionals and discuss various matters concerning CFOs in today’s context.

The CFO Forum Committee also comprises of Mr. Mano Rajakarier – Group Financial Controller of John Keells Holdings PLC, Mr. MalingaArsakularatne – CFO of Hemas Holdings PLC, Ms. CoraliePetersz – CFO of Finlays Colombo PLC, Ms. Lucy Tang - Group Financial Officer of Dialog Axiata PLC, Mr. NandikaBuddipala – CFO of Commercial Bank of Ceylon PLC, Mr. PrabhuMathavan – Finance Director of Cargills (Ceylon) PLC, Mr. ShironGooneratne – CFO of Sri Lanka Telecom PLC, Mr. Ajantha De Vas Gunasekara – CFO of Hatton National Bank PLC.