Business
Acuity Partners announce new chairman and 2 new independent directors
Thimal Perera, who presently serves as Director/CEO of DFCC Bank PLC, has been appointed Chairman of the Board of Directors of Acuity Partners (Private) Limited; a full-service investment bank that is an equally owned joint venture between DFCC Bank and Hatton National Bank. Alongside this, the Board of Acuity Partners welcomed two new Independent Non-Executive Directors, Lalith Withana and Sachith N Perera. These new appointments will help to further strengthen the Board of Acuity Partners, particularly in the areas of Audit and Risk Management.Acuity Partners offers a comprehensive suite of products and services that include Corporate Finance, Equities, Fixed Income Securities, Venture Capital Services and Asset Management.
A distinguished banker and Director/CEO of DFCC Bank PLC, Perera assumed duties as Chairman of Acuity Partners on the 1st of January 2022. Mr. Perera has over two decades of experience in the financial services and banking sector, nationally and internationally. He has also served as the Deputy General Manager of Hatton National Bank, where he guided the retail and SME banking sector. Perera has also worked with HSBC, in Sri Lanka and abroad, the Commercial Bank of Qatar and Barclays Bank PLC in the UAE.
Lalith Withana is a senior and highly respected professional who has held management positions in the corporate sector for over 25 years, including senior management positions in banking, manufacturing and trading. He has worked with many organizations including the Brandix Group, Ernst and Youth, Amsterdam Rotterdam Amro Bank, IBM World Trade Corporation, Carson Cumberbatch, Ceylon Tea Services Limited and Yamaha Corporation USA. He has served as the Group Chief Finance and Administrative Officer for Sri Lankan Airlines and Chief Executive Officer of Sri Lankan Catering.
Sachith N Perera is a respected professional in the banking industry, having served over 26 years at HSBC, 12 of which were in the capacity of Treasurer and Head of Global Markets for HSBC Sri Lanka and the Maldives. In this role, he was responsible for the bank’s forex and rates management, derivatives trading, balance sheet management and custodial services for foreign investors in local equities.
Business
AHK Sri Lanka champions first-ever Sri Lankan delegation at Drupa 2024
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.
Business
HNB General Insurance recognized as Best General Bancassurance Provider in Sri Lanka 2024
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.”