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SEC Renews MOUs with National Universities to Grant more Opportunities for Undergraduates

The Securities and Exchange Commission (SEC) signed revised Memoranda of Understanding (MoUs) with Eastern University of Sri Lanka (EUSL) and the South Eastern University of Sri Lanka (SEUSL) last week, reinforcing its commitment to supporting the educational and career aspirations of undergraduates.

The SEC began its partnership with national universities in 2008 through the signing of MoUs, and the MoUs were initially signed with the EUSL and the SEUSL in 2010. This marked the start of a lasting partnership aimed at nurturing the development of future professionals in the capital market.

The updated MoUs aim to offer valuable benefits to undergraduates, such as a cash award and gold medal recognizing academic excellence in capital market-related subjects, a cash award for the top research project in the capital market field, and opportunities for enhanced industry knowledge, hands-on learning experiences, and career development within the capital market and the SEC through internships.

The revised Memoranda of Understanding (MoUs) were formally signed with the participation of key representatives from both universities and the SEC. Mr. Tushara Jayaratne, Deputy Director General of the SEC, represented the Commission, while SEUSL was represented by its Acting Vice Chancellor, Dr. U.L. Abdul Majeed, and EUSL by its Vice Chancellor, Prof. V. Kanagasingham.

The signing ceremony at SEUSL from Left to right: Mrs. M.A.C.N. Shafana, Head Department of Accountancy & Finance, Prof. A. Jahfer, Director, Centre for Quality Assurance, Mr. Sivakumar, Deputy Registrar, Dr. U. L. Abdul Majeed, Acting Vice Chancellor, Mr. Tushara Jayaratne, Deputy Director General, SEC, Mr. Nimal Kumarasinghe, Manager, External Relations, SEC, Ms. Sheena Goonaratna, Senior Manager, External Relations, SEC, Prof. Dr. A.M.M. Musthafa, Dean Faculty of Management & Commerce, SEUSL

The signing ceremony at SEUSL was also attended by the Prof. Sabraz Nawas, Head, Department of Management and Information Technology and Mr. M. Farwis, Department of Accountancy and Finance.

The signing ceremony at EUSL from Left to right: Prof. N. Rajeshwaran, Dean, Faculty of Commerce and Management, Vice Chancellor, Prof. V. Kanagasingham, Mr. Tushara Jayaratne, Deputy Director General, SEC, Ms. Sheena Goonaratna, Senior Manager, External Relations, SEC

At EUSL, the MoU was signed in the presence of Dr. T. Prabaharan, Deputy Vice Chancellor, Prof. J. Kennedy, Dean, Faculty of Graduate Studies, Dr. V. Gunabalasingam, Dean, Faculty of Arts & Culture, Mrs. V. R. Ragel, Acting Head, Department of Management, Mr M.S. Thayaraj, Head, Department of Commerce, Ms T. Sellar, National Link Coordinator, Faculty of Commerce and Management and Prof. T. Sathaananthan, Dean, Healthcare Sciences.

The SEC will continue to renew MOUs with other national universities, underscoring its dedication to broadening access to professional opportunities for students across the country. Through this initiative, the SEC seeks to inspire a new wave of young professionals, fostering academic excellence and innovative contributions to the capital markets sector.

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