Business
Veteran banker Lakshman Silva joins Seylan Bank Board
Seylan Bank PLC recently announced the appointment of Lakshman Silva as an Independent Non-Executive Director to its Board of Directors with effect from 18 July 2022. No stranger to the banking industry, Silva is well-known for his invaluable service leading DFCC Bank PLC and its subsidiaries for over three decades. He also served as the Chairman of Sri Lanka Banks’ Association, guiding the banking community, through challenging times in 2020/21.
Beginning his professional career in the Department of Inland Revenue, Silva made his career defining move to the DFCC Banking Group in 1987. With more than a decade of banking experience he was then seconded to DFCC Vardhana Bank where he served as CEO/ Executive Director until 2015. He returned to DFCC Bank PLC as Deputy Chief Executive Officer/ Director in 2015, followed by his appointment as Director/CEO of DFCC Bank PLC in 2017, a position he held until his retirement from the Bank in 2021.
Silva also held the position of Chairman of DFCC Consulting (Pvt) Ltd and Synapsys Limited, both subsidiary companies of DFCC Banking Group. He also served as Chairman of Lanka Financial Services Bureau Limited, Sri Lanka Banks’ Association (Guarantee) Limited, Acuity Partners (Pvt) Ltd, Lanka Ventures Limited and LVL Energy Fund PLC. In addition, he was a Director of Lanka Clear (Pvt) Ltd. At present Silva is the Chairman of Lanka Industrial Estates Limited as well as Panasian Power PLC and its subsidiary companies.
A former member of the Board of Directors of the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) and Board of Management of the Sri Lanka Sustainable Energy Authority, Silva currently serves as a member of the Stakeholder Engagement Committee of the CBSL and Ceylon Chamber of Commerce. He is also a member and Past President of the Association of Professional Bankers of Sri Lanka.
The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) proudly facilitated the first-ever Sri Lankan delegation’s participation at Drupa 2024, the world’s largest trade fair for the printing industry and technology. Held after an eight-year hiatus, Drupa 2024 was a landmark event, marking significant advancements and opportunities in the global printing industry.
AHK Sri Lanka played a pivotal role in organising and supporting the delegation, which comprised 17 members from the Sri Lanka Association for Printers (SLAP), representing eight companies from the commercial, newspaper, stationery printing, and packaging industries. This pioneering effort by AHK Sri Lanka not only showcased the diverse capabilities of Sri Lanka’s printing sector but also facilitated vital bilateral discussions with key stakeholders from the German printing industry.
Business
Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness
In a captivating reimagining of luxury wellness tourism, Browns Hotels & Resorts proudly unveiled the exquisite Ayugiri Ayurveda Wellness Resort Sigiriya. This momentous occasion, celebrated amidst a vibrant and serene grand opening on the 6th of June, heralds a new chapter in the Ayurveda wellness tourism landscape in Sri Lanka. Nestled amidst 54 acres of unspoiled natural splendour, Ayugiri features 22 exclusive suites and stands out as the only luxury Ayurveda wellness resort in the country offering plunge pools in every room, rendering it truly one-of-a-kind.
The grand opening of Ayugiri Ayurveda Wellness Resort was an enchanting event, where guests were captivated by the melodies of flutists and violinists resonating through Sigiriya’s lush landscapes. As traditional drummers and dancers infused the air with vibrant energy, Browns Hotels & Resorts’ CEO, Eksath Wijeratne, Kotaro Katsuki, Acting Ambassador for the Embassy of Japan and General Manager, Buwaneka Bandara, unveiled the resort’s new logo, marking a significant moment witnessed by distinguished guests from the French Embassy, Ayurveda and wellness enthusiasts along with officials from the Sigiriya area, LOLC Holdings and Browns Group.
“Our strategic expansion into wellness tourism with Ayugiri Ayurveda Wellness Resort Sigiriya symbolises a significant milestone for Browns Hotels & Resorts. Wellness tourism has consistently outperformed the overall tourism industry for over a decade, reflecting a growing global interest in travel that goes beyond leisure to offer rejuvenation and holistic well-being. By integrating the timeless wisdom of Ayurveda with modern luxury, we aim to set a new standard in luxury wellness tourism in Sri Lanka. Whether your goal is prevention, healing, or a deeper connection to inner harmony, Ayugiri offers a sanctuary for holistic well-being” stated Eksath Wijeratne.
Ayugiri encapsulates the essence of life, inspired by the lotus flower held by the graceful queens of the infamous Sigiriya frescoes. Just as the lotus emerges from the murky depths, untainted and serene,
Ayugiri invites guests on a journey of purity and rejuvenation, harmonised with a balance of mind, body and spirit, the essence of nature, echoes of culture and the wisdom of ancient Ayurvedic healing.
HNB General Insurance, one of Sri Lanka’s leading general insurance providers, has been honored as the Best General Bancassurance Provider in Sri Lanka 2024 by the prestigious Global Banking and Finance Review – UK.
The esteemed accolade underscores HNB General Insurance’s unwavering commitment to excellence and its outstanding performance in the field of bancassurance. Through dedication and hard work, the HNB General Insurance team has continuously endeavored to deliver innovative insurance solutions, cultivate strong relationships with banking partners, and provide unparalleled service to customers nationwide. This recognition is a testament to the team’s dedication and relentless pursuit of excellence in the bancassurance business.
“We are honored to receive this prestigious award, which reflects our team’s tireless efforts and dedication to delivering value-added insurance solutions and exceptional service through our bancassurance partnerships,” said Sithumina Jayasundara, CEO of HNB General Insurance. “This recognition reaffirms our position as a trusted insurance provider in Sri Lanka and motivates us to continue striving for excellence in serving our customers and communities.”
US sports envoys to Lanka to champion youth development
Rahuman questions sudden cancellation of leave of CEB employees
