CFA Institute President visits Sri Lanka | Daily News

CFA Institute President visits Sri Lanka

Paul Smith
Paul Smith

For the first time since its inception, the President and CEO of the CFA Institute, Paul Smith, CFA, is visiting Sri Lanka to recognize several key Community Service and Public Engagement initiatives undertaken by the CFA Society Sri Lanka.

This visit is an acknowledgement of continued efforts of the CFA Society Sri Lanka to improve Financial Literacy and to promote the highest ethical standards and professional excellence within the local investment community.

Mr. Paul Smith, CFA has been the president and CEO of CFA Institute since 2015. He brings extensive leadership experience in the investment management industry, having held a variety of top positions in major financial centers over 30 years. Smith started his career in asset management progressively taking up roles of increasing responsibility in London, Paris, and Dublin. He served as HSBC’s global head of alternative funds administration working in Hong Kong and New York, where he was responsible for more than US$250 billion of assets.

During his visit, Smith will attend several key advocacy and outreach initiatives conducted by the CFA Society Sri Lanka. The first of these will be the ringing of the opening Bell to commence trading at the Colombo Stock Exchange (CSE). This will be followed by the official signing of a Memorandum of Understanding (MoU) between the Securities and Exchange Commission of Sri Lanka and CFA Society Sri Lanka to promote stakeholder consultations and best practices on governance.

The MoU is a key strategic initiative of the CFA Society SL to advance its advocacy and outreach objective of promoting fair and transparent capital markets and investor protection.

Smith will also launch the ‘Train the Trainer’ program in Sinhalese, a collaborative initiative between the CFA Society SL and Central Bank of Sri Lanka (CBSL) to promote greater financial literacy in Sri Lanka. The program which is to be conducted at the at the Centre for Banking Studies, auditorium, Rajagiriya is aimed at improving the financial literacy by empowering institutional trainers with knowhow and training material to conduct public awareness and capacity building programmes particularly in Sinhala and Tamil.

The training will be conducted by industry veteran and author of the book “Financial Literacy to Achieve Your Financial Wellbeing”, Mr. Ravi Abeysuriya, CFA who serves as Director/Advocacy Chair for the CFA Society Sri Lanka and counts over 35 years of finance experience in asset management, banking, insurance and private equity. The books in all three languages are available at www.cfasrilanka.lk to download, free of charge.

A global non-profit organization, the CFA Institute is the world’s largest association of investment professionals. The CFA Institute is a champion of ethical behavior in investment markets and a respected source of knowledge in the global financial community.

 


 

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