FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

Click Link to get instant AI answers to all business queries.
Click Link to find latest Economic Outlook of Sri Lanka
Click Link to view latest Research and Analysis of the key Sectors and Industries of Sri Lanka
Worried about Paying Taxes? Click Link to find answers to all your Tax related matters
Do you have a legal issues? Find instant answers to all Sri Lanka Legal queries. Click Link
Latest images

Latest topics

» Plantation Companies
by God Father Yesterday at 11:40 pm

» PLANTATION SECTOR
by God Father Yesterday at 8:19 pm

» People's leasing company, a hidden gem? (an analysis)
by Nandana Withanage Yesterday at 6:56 pm

» CSE to turn bullish after November 14 poll
by samaritan Yesterday at 9:58 am

» PEOPLE'S LEASING BUYING SIGNAL Target Price 19 ..PLEASE KEEP EYE ON THIS..
by nilantha suranga Yesterday at 9:16 am

» Peoples leasing technically positive Target Price Rs 20
by Shiranli Yesterday at 7:43 am

» Quarterly Research Updates (Sep 2024)
by God Father Yesterday at 7:42 am

» Peoples Leasing....!!! whts the target?
by rajithasahan Yesterday at 7:35 am

» PEOPLE'S LEASING & FINANCE PLC
by mafasmunaseer Yesterday at 12:45 am

» Will garment exports to U.S. be taxed under Trump administration?
by Quibit Sat Nov 09, 2024 4:34 pm

» LOLC Holdings & LOFC shines together in LMD's top 20 by profit for FY 23/24
by samaritan Sat Nov 09, 2024 4:12 pm

» Richard Pieris and Company performs better in the absence of its defamed Chairman Dr Sena Yaddehige.
by God Father Sat Nov 09, 2024 12:07 pm

» ANALYSIS: Sri Lanka Car Market 2024
by OC.S Sat Nov 09, 2024 12:11 am

» LOLC's Conrad Dias on digital transformation - LMD tv interviw
by OC.S Sat Nov 09, 2024 12:06 am

» Bullish about a sustainable turnaround - CSE Chairman
by Rare Fri Nov 08, 2024 11:33 am

» Stocks on the Radar at CSE
by Rare Fri Nov 08, 2024 11:30 am

» Sri Lanka rupee closes at 275/290 to the US dollar
by Rare Fri Nov 08, 2024 11:17 am

» How would Donald Trump Presidency impact Future Sri Lanka?
by God Father Fri Nov 08, 2024 12:52 am

» Sri Lanka strikes Gold at Wanderlust travel awards 2024
by samaritan Thu Nov 07, 2024 12:24 pm

» Suspension of "Parate rule" to end...
by deli Wed Nov 06, 2024 8:29 am

» Top 10 Listed Companies in Sri Lanka - 2024
by deli Wed Nov 06, 2024 8:23 am

» John Keells Holdings PLC share is worth LKR 17/= after Rights Issue and Sub-Division of shares
by God Father Tue Nov 05, 2024 10:02 pm

» LOLC Tech & Sanfer partnership to reshape digital transformation on a global scale
by samaritan Fri Nov 01, 2024 10:04 am

LISTED COMPANIES

Submit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube


You are not connected. Please login or register

Debt Market specialist Dilshan Wirasekara unlikely to be the CSE Chairman?

Go down  Message [Page 1 of 1]

ddindika

ddindika
Manager - Equity Analytics
Manager - Equity Analytics

Debt Market specialist Dilshan Wirasekara unlikely to be the CSE Chairman? Fy212210

Debt Market Specialist Dilshan Wirasekara who is the current CEO/Director of First Capital Holding specialised in Debt, Money Market  and fixed income investment in Sri Lanka is doubtful to accept the position of the CSE Chairman due to controversy surrounding his appointment according to market sources.

Mr Wirasekara's appointment yet to be approved by the board of directors of the CSE has been prematurely announced to the media by an error and CSE is likely to make a statement regarding this shortly. He was only nominated by Mr Dumith Fernando, the outgoing Chairman as his preferred choice but yet to be voted or ratified by the CSE board, sources said.

The CSE board is expected to meet in July 2022 to consider the appointment of Mr Dilshan Wirasekara as the Chairman and Board of directors of Colombo Stock Exchange. Many board members have expressed their displeasure and concern regarding the appointment of Mr Wirasekara ahead of Mr Asanga Seneviratne and other suitable board members who posses considerable experience in equity markets.

According to general opinion of investors Mr Dilshan Wirasekara does not posses required experience in equity markets as he has been primarily involved in treasury and money market operations through out his career except his appointment to the CSE board in 2017.

Mr Wirasekara's LinkedIn Profile clearly demonstrate his experience in Debt Markets.
https://www.linkedin.com/in/dilshan-wirasekara-52950540/details/experience/

Debt Market specialist Dilshan Wirasekara unlikely to be the CSE Chairman? 1d10
Debt Market specialist Dilshan Wirasekara unlikely to be the CSE Chairman? 2d10
Debt Market specialist Dilshan Wirasekara unlikely to be the CSE Chairman? 3d10

Most board members of the CSE believe that an appointment of a Debt /Fixed Market Investment specialist as head the Colombo Stock Exchange, to the hot seat of the headquarters of the Equity market trading in Sri Lanka will be a deterrent to the international and local investors as his emphasis would be to develop the low risk debt market ahead of high risk equities.

"Mr Wiraseka will be promoting fixed market securities instead of the equity market, He will encourage investors to buy Bonds, Treasury Bills and debentures which gives higher rate of interest and instead of stocks, shares, equities of listed entities" one concerned investor tweeted.

Debt Market specialist Dilshan Wirasekara unlikely to be the CSE Chairman? 4d10


Dilshan Wirasekara, the Director and Chief Executive Officer of First Capital Holdings PLC, is a professional investment banker with over 25 years of experience in financial services such as banking, treasury, investment management, capital market strategy, and corporate finance advisory services. Simultaneously, he serves as an elected Board Member of the Colombo Stock Exchange. Dilshan’s career highlights include leading First Capital to become the market leader in categories such as Primary Dealer, Debt Structuring, Trading, and Asset Management. First Capital Holdings PLC is a full-service investment firm that provides independent advice and transaction execution for capital raising as well as other strategic needs such as mergers and acquisitions. As the General Manager of Softlogic Capital PLC, he was part of the team responsible for establishing the Financial Services branch of the diverse Softlogic Group, another significant achievement in Dilshan’s career. Prior to that, he was the Head of Treasury at Nations Trust Bank PLC.

Specializing in Asset and Liability Risk Management, enabled Dilshan to secure the honor of leading and representing two Sri Lankan companies that won the International Bank Asset and Liability competition organized annually by the Netherlands Development Finance Company (FMO), the German Investment Corporation (DEG) as well as Proparco – a subsidiary of the Agence Française de Development (AFD). He further mentioned that he completed his Executive Professional Education at INSEAD Business School in Fontainebleau, France followed by AOTS, in Tokyo, Japan.

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum