K Sivagananathan Memorial Trust (KSMT) and the Association of Professional Bankers of Sri Lanka ( APB) will hold t he 13th annual K Sivagananathan Memorial Oration and Awards ceremony on Tuesday, March 10, 2015, in commemoration of the late K. Sivagananathan, an innovative banker in Sri Lanka.The late K. Sivagananathan had contributed most to uplift, upgrade and grow to unprecedented heights through many new innovations Sri Lanka’s premier state bank, Bank of Ceylon. He tirelessly contributed to i mprove the standard of education in banking and finance in Sri Lanka to international standards together with the APB and IBSL.This year, the chief guest Ranel T. Wijesinha, FCA (SL), MBA (USA), a Chartered Accountant and a Management Consultant, will deliver the Memorial Oration titled ‘The Income and Opportunity Divide’ within the context of a market economy with regulation.
This annual event will be attended by t he elite of t he banking and financial institutions, professionals, bankers and the other invitees. The commemoration ceremony will also be addressed by the guest of honour Dr. N.E.H. Sanderatne PhD, a Visiting Senior Fellow, University of Peradeniya and former Chairman of Bank of Ceylon and NDB, the President of the Association of Professional Bankers Piyal D. Hennayake DGM Services at HNB and Nathan Sivagananathan, the Chairman of t he K. Sivagananathan Memorial Trust and Chief Growth Officer MAS Holdings.
This year, over 45 students who have obtained the highest marks in all three languages in the Diploma in Banking and Finance examination in March and September 2014, conducted by the Institute of Bankers of Sri Lanka (IBSL), will be awarded cash prizes and certificates.
As a result of the banking examinations conducted by the Institute of Bankers of Sri Lanka, which is affiliated to the IFS School of Finance, UK, formerly known as the Chartered Institute of Bankers London, open to the bankers and public, tremendous enthusiasm has been shown not only by the bankers but by those who aspire for a career in banking and finance.
The joint event conducted by APB and KSMT for the past 12 years has met the objectives of both institutions. APB, a premier association serving the banking and financial institutions over the past 25 years, has achieved many of its objectives year on year.
Their primary mission being to sustain the highest standards of professionalism and integrity among bankers, to advance the public interest, to influence the achievement of the highest ethical standards and governance in the banking industry, to undertake, promote and facilitate studies in the field of banking, organise and promote research i n this field and to undertake studies and research projects for the government, private sector, international agencies and other institutions, plan and organise teaching and arrange training programmes, lectures, seminars, workshops in the field of banking and train students and others in research methodology with the idea of promoting knowledge and awareness in subjects relevant to banking.
The K. Sivagananathan Memorial Trust (KSMT) is a non-profit organisation mainly dedicated to providing assistance to financially disadvantaged students pursuing higher studies in the field of banking and finance and encouraging them to excel in t heir examinations t o achieve a higher standard to be in par with the developed countries, which was one of the late K. Sivagananathan’s wishes.