AmCham Sri Lanka announces ‘INVESTMENT SPOTLIGHT’ initiative to attract US FDI & Reinvestment at its 30th AGM

The AmCham Sri Lanka held its 30th Annual General Meeting and election of Directors, recently. Despite the challenges of the socio-economic and political conditions faced by the business community over the past year significantly curtailing usual Chamber activities, the Chamber recorded its highest net surplus yet, for the third consecutive year.

Addressing the gathering comprised of over 100 member companies, Lakshan Madurasinghe, who was re-elected President for his second year, stated, “When I took on the prestigious mantle of the AmCham Sri Lanka Presidency last year, I shared with you my belief in partnerships – in my fervent desire and hope that through meaningful collaboration with you – our members, key stakeholders and partners we could reach our goals and make a lasting impact. I am proud to state that, through conceptualizing and serving activities, engagements and most importantly B2G, B2B and B2C connections that have supported your businesses despite the multitude of socio-economic and political challenges over these past years, we have done just that.”

Recognizing efforts at continuing to drive the vision & mandate of increasing trade relationship and investment between the US and Sri Lanka, Madurasinghe, the Regional Head of Public Affairs, Communications and Sustainability for Coca-Cola in Sri Lanka, Nepal, Maldives and Bhutan was elected President for his second term by the membership, whilst Shirendra Lawrence representing MAS Holdings, was elected Vice President, Nilupa Kiringoda representing Sysco LABS was elected Secretary, and Dimantha Seneviratna representing NDB Bank Group was elected the Treasurer.

The Chief Guest at the AmCham AGM 2022 was the Ambassador of the United States of America to Sri Lanka, Her Excellency Julie J. Chung, who made the keynote address. In her address the Ambassador lauded the Private sector on its advocacy for strengthening the investment and trade climate, and democratic institutions in Sri Lanka, its leadership in entrepreneurship, transparency, good business governance, and strong corporate social responsibility. She commented that now more than ever, the private sector can make a difference in creating a more inclusive and sustainable economy.