A leading figure in the Sri Lankan accounting fraternity, Sanjaya Bandara was ceremoniously inducted as the 26th President of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) on Monday, 24th January 2022 at a gala event held at the Shangri-La Hotel, Colombo.
He was formally inducted by the outgoing President of CA Sri Lanka, Manil Jayesinghe in the presence of a distinguished gathering including His Excellency Gopal Baglay, High Commissioner of India to Sri Lanka, Vish Govindasamy, Chairman of the Ceylon Chamber of Commerce as well as business and industry leaders, regulatory heads and high-profile accounting personalities.
He is a highly respected Chartered Accountant who has extensively contributed to the accountancy profession both locally and regionally. A fellow member of CA Sri Lanka, he commands over 23 years of experience in practice, and at present serves as the Head of Assurance at B. R. De Silva & Co., which is a member firm of Nexia International, apart from serving as a Director of Prime Land Residencies PLC.
Bandara has served as a Council Member of CA Sri Lanka since 2012 and is also a Board Member of the Confederation of Asian Pacific Accountants (CAPA), South Asian Federation of Accountants (SAFA) and the Sri Lanka Accounting and Auditing Standards Monitoring Board (SLAASMB).
He is also a Commissioner of the Securities and Exchange Commission of Sri Lanka (SEC) and a Member of the Financial System Stability Consultative Committee of the Central Bank of Sri Lanka.
He holds a Bachelor of Science Degree in Accountancy & Financial Management from the University of Sri Jayewardenepura and a Master of Business Administration from the University of Colombo. At present, he also serves as a Member of the Governing Council of the University of Kelaniya and the Association of Accounting Technicians of Sri Lanka.
Meanwhile, Heshana Kuruppu was elected as the Vice President of CA Sri Lanka. He has served as a Council Member of the Institute since 2012 and is the current Group Chief Financial Officer/Director at David Pieris Group of Companies. He commands over 22 years of experience.
He holds a BSc. Accountancy (Special) First Class Degree from the Department of Accounting of the University of Sri Jayewardenepura, a Master of Business Administration from the Postgraduate Institute of Management, and a Master of Financial Economics from the University of Colombo.
Credibility and trust are the foundations of a professional body. Sri Lanka CA continues to maintain memberships of Cabraal and all the cronies, who have clearly destroyed the country. What’s the point of all this fanfare, if you have no credibility or trust as a professional body with the public? Do you even have a code of conduct? Or ethical standards?