Business
Seylan Bank appoints Sunjeevani Kotakadeniya and Averil Ludowyke to the Board of Directors
Seylan Bank announced the appointment of two veterans from financial and audit backgrounds into its Board of Directors recently. Sunjeevani Kotakadeniya joined the Board of Seylan Bank as Non-Executive Director while Averil Ludowyke joined in the capacity of Independent Non-Executive Director.
Ms. Kotakadeniya possesses over three decades of experience in finance and general management in the financial services sector including insurance, finance companies and wealth management. In the non-financial services sector, she has played a key role as a senior finance professional within organizations engaged in trading, manufacturing, construction, agriculture and plantation, leisure and IT. She has been a catalyst in corporate restructuring related matters and change management, mergers and acquisitions, and project management. She holds directorships in several LOLC Group companies including regulated and listed entities.
Currently holding the role of Chief Financial Officer of the LOLC Group, Ms. Kotakadeniya oversees the Group’s finance function locally and internationally. She plays a key role in the overall organizational management of Browns Investments PLC and its subsidiaries. She possesses an MBA from the University of Colombo and is a Fellow Member of the Chartered Institute of Management Accountants (UK) and the Chartered Global Management Accountants (USA). Ms. Kotakadeniya served the Board of Seylan Bank as an Alternate Director from June 2020 to July 2022.
Averil Ludowyke, a Partner at Ernst & Young for over a decade, counts over 26 years of experience and has served as Lead Audit Partner for several groups of companies. She was instrumental in launching and leading the Forensics and Integrity Services of the firm. Her clients included not only banks and finance companies, but also organizations engaged in retail, manufacturing, telecommunication, construction, real estate, shipping and logistics, leisure, plantation and development. In addition, she counts over 12 years of senior level experience in finance and accounting in the manufacturing sector, and relief and development organizations.
Ms. Ludowyke is a Fellow of the Institute of Chartered Accountants of Sri Lanka and of the Chartered Institute of Management Accounts (UK). She has been a resource person for the Director Certification Programme of the Sri Lanka Institute of Directors, and the Certificate Course in Forensic Auditing of CA Sri Lanka. She has shared her expertise at public seminars conducted by CIMA, ACCA, AAT, CMA and the National Chamber of Commerce and at the SOE Governance Workshop of the Ministry of Public Enterprise Development, as well as a panelist/presenter at the ACAMS Regional Conference of the Indian Subcontinent, the Annual Conference of the Institute of Internal Auditors and at programmes conducted by the University of Kelaniya.
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
