ACCA Sri Lanka holds 49th AGM

New leadership team for 2026/28 

• Ushers in new leadership amid strong year of progress

The Association of Chartered Certified Accountants (ACCA) hosted its 49th Annual General Meeting (AGM) at Cinnamon Life in Colombo, bringing together the members, industry leaders and key stakeholders to celebrate a year of progress and welcome a dynamic new leadership team for the 2026/28 term. 

The event reflected ACCA Sri Lanka’s continued commitment to professional excellence and industry leadership within Sri Lanka’s finance and accounting sector.

Inqube Global Vice President Risk and Governance Dr. Prasenna Balachandran was inducted as Chairman of the ACCA Sri Lanka Member Network Panel.

Supporting the new leadership, Deloitte Sri Lanka and Maldives Associate Director Strategy, Risk and Transactions Dr. Buddhi Pathiraja was appointed as Vice Chairperson, with the newly appointed committee comprising a distinguished panel of professionals representing diverse expertise across the finance and corporate sectors. They include KPMG Chief Operating Officer, Head of Banking and Head of Clients and Markets Ranjani Joseph, CBL Head of Group Corporate Finance Mahesh Semage, Commercial Bank of Ceylon PLC Chief Financial Officer Prasanna Indrajith and SLASSCOM Executive Director Chaminda De Silva. 

The formal announcement of the ACCA Sri Lanka Member Network Panel election results presented by Baker & Tilly marked the official leadership transition for the 2026/28 term, with the elected committee members, including Alpha Business School Chief Executive Officer Shehan Fernando, Attorney-at-Law and Corporate, Tax and Financial Consultant Rakitha Jayathunga, Capital Maharaja Group Finance Director Group Finance Yasora Kodagoda  and Hayleys Aventura (Pvt.) Ltd Board Director Sashi Jayakody.

The Year in Review for 2025/26, presented by the ACCA Sri Lanka team, highlighted the key milestones and strategic initiatives that strengthened the ACCA’s national and regional presence. Among the notable highlights was the achievement of NVQ Level 6 equivalency recognition for the ACCA Advanced Diploma in Accounting and Business by the Tertiary and Vocational Education Commission, a landmark accomplishment that enhances the qualification’s recognition and value in Sri Lanka.

Also highlighted was the introduction of a new Platinum Approved Learning Partner to Sri Lanka, alongside the ACCA’s expanding footprint across regional cities including Batticaloa, Kandy, Matara and Jaffna, reinforcing its commitment to accessibility and inclusivity in professional education.

Several stakeholder engagement initiatives included the Tutor and Employer Recognition Ceremony 2025, launch of the IFRS Sinhala Chatbot initiative and South Asia cluster-level FINHACK 2026 university competition aimed at enhancing financial literacy and innovation among youth.

ACCA Sri Lanka further strengthened strategic partnerships and industry collaborations with the University of Sri Jayewardenepura, NSBM Green University, KIU University, CA Sri Lanka, CMA Sri Lanka, AAT Sri Lanka, SLASSCOM, Colombo Stock Exchange and Sri Lanka Institute of Directors. 

ACCA Sri Lanka also successfully hosted the 21st ACCA Sustainability Reporting Awards, endorsed by the Colombo Stock Exchange and UN Global Compact, reaffirming its leadership in driving sustainability and corporate transparency.

The AGM highlighted ACCA Sri Lanka’s growing contribution towards national policy dialogue through initiatives such as the ‘Reform, Rebuild, Reshape – Resilient Sri Lanka’ budget proposal report submitted to the Finance Ministry as well as the continued representation of Sri Lankan professionals at prestigious ACCA Global Forums.

With a membership base exceeding 1,300 members and a strong retention rate of 93.75 percent, ACCA Sri Lanka continues to strengthen its support for the members, future professionals and wider business community.