ACCA and Colombo Stock Exchange sign MoU

From left: Ruchera Jayawardena, Dilani Perera, Nilusha Ranasinghe, Rajeeva Bandaranaike and Niroshan Wijesundere

The Association of Chartered Certified Accountants (ACCA) and Colombo Stock Exchange (CSE) signed a memorandum of understanding (MoU) recently to establish a partnership aimed at enhancing financial literacy and professional development in Sri Lanka. 

This collaboration intends to offer ACCA educational courses via CSE branches, which will entail a Capital Market Module, co-brand the educational courses with ACCA and CSE as well as provide access to ACCA professional development and learning resources. 

The partnership will explore and create new pathways for students to further their education and enhance their careers in accountancy and finance through joint marketing activities at regional levels. The initiative also aims to enhance the employability of students through capacity-building initiatives.

The MoU was signed by ACCA Head of South Asia Nilusha Ranasinghe and CSE CEO Rajeeva Bandaranaike.
The signing ceremony was attended by ACCA Business Development Manager Ruchera Jayawardena, ACCA Business Relationship Manager Dilani Perera, CSE Senior Vice President Marketing Niroshan Wijesundere, CSE Legal Officer Legal and Enforcement Uthpala Dissanayake and CSE Senior Vice President Legal, Enforcement and Compliance Lankesha Molligoda.

Bandaranaike said, “Improving financial literacy has a direct impact on financial markets. Hesitancy to enter the capital market often stems from a lack of understanding. Partnerships like this are vital in providing valuable information and knowledge, making it readily available to those interested. We welcome this initiative, as it benefits both our institutions and the industries we serve.”

Ranasinghe stated, “At ACCA, we believe that collaboration is the cornerstone of progress. This partnership with the CSE is a testament to our unwavering dedication to supporting the national agenda and contributing to the economic resilience of Sri Lanka. We look forward to a fruitful and impactful collaboration with the CSE and we are confident that this MoU will pave the way for many successful initiatives in the years to come.”