The Indian CEO Forum Sri Lanka (ICF) recently held its annual general meeting (AGM), where Special Assignments Minister Dr. Sarath Amunugama was the chief guest and Indian High Commissioner in Sri Lanka Tajinder Sandhu was the guest of honour.
Dr. Amunugama highlighted the close relations between India and Sri Lanka and appreciated the contribution of the private and public sector Indian industry for its contribution towards the economy of Sri Lanka and growth of Sri Lanka. He likened the close relationship as those between two brothers! On behalf of the Government of Sri Lanka and his personal behalf he assured that the relationship between India, Indian industry and Sri Lanka would always remain close.
The ICF, formed in July 2013, is a registered body with membership constituted by Indian investments in Sri Lanka, Indian heads of multinational corporations (MNCs) and Sri Lankan companies. It currently has more than 60 members contributing in providing gainful employment to thousands, providing best-in-class management and technical skills and contributing substantially to Sri Lankan foreign exchange earnings.
The objectives of the Indian CEO Forum is to promote and contribute towards the economic growth of Sri Lanka through Indian investment, safeguard and strengthen the existing economic co-operation, foster new economic ties between India and Sri Lanka, provide an open forum for the business leaders of Indian origin employed with Indian multinationals and Sri Lankan business and commercial organisations in Sri Lanka.
The Indian CEO Forum also endeavours to showcase investment opportunities in Sri Lanka to potential new investors from India.
The above session was preceded by elections to the board of the ICF for the year 2017/18. The newly constituted board is as follows: President - Ultratech Cement Lanka (Pvt.) Ltd CEO Kiran Redkar, Immediate Past President - Piramal Glass Ceylon PLC CEO and MD Sanjay Tiwari, Vice President - Lanka Ashok Leyland PLC CEO Umesh Gautam, Secretary - Revlon Lanka (Pvt.) Ltd GM T.S. Prakash, Treasurer State Bank of India CEO Rajiv Ratan Srivastav and Board Members - Lanka IOC PLC MD Shyam Bohra, Platinum Realities MD Kishore Reddy, Associated Ceat (Pvt.) Ltd MD Vijay Gambhire and Asian Paints Lanka Ltd CEO Jacob Kuruvilla.
Redkar in his speech highlighted the various activities undertaken by the ICF during 2016/17 including health camps, a session with Indian Parliamentarian Sashi Tharoor and other engagements including a cricket tournament for member companies, thus fostering close relationships between the
local staff. BBDO MD Santosh Menon was recognized for his excellent handling of the interactive session with Dr. Tharoor.
The ICF is pledged to continue in its endeavours to contribute towards the economic development of Sri Lanka.