Business News from Sri Lanka: Nihal Fonseka, President of the National Advisory Council (NAC) of CISI Sri Lanka, has been granted an Honorary Fellowship by the CISI worldwide professional body of financial services.
The CISI (Chartered Institute for Securities & Investment) Board of Trustees awards Honorary Fellowships to those who have made an important beneficial contribution to the financial services industry as well as to the CISI. Honorary Fellowship holds FCSI(Hon) designation letters.
Fonseka was one of six eminent recipients this year who received the CISI Honorary Fellowship. They are: Nihal Fonseka FCSI(Hon), Member of the Monetary Board of Central Bank of Sri Lanka, John McFarlane CBE FCSI(Hon), Group Chairman, Barclays, Richard Wastcoat FCSI(Hon), Non-Executive Director, First State Investments, Adrian Taylor, Chartered FCSI(Hon), Partner, Investment Management – Charities, Smith & Williamson, Dame Colette Bowe FCSI(Hon), Chairman, Banking Standards Board
Alderman Professor Michael Mainelli FCCA, Chartered FCSI(Hon), FBCS, co-founder Z/Yen CISI Chairman, Michael Cole-Fontayn MCSI, said “We are delighted to award an Honorary Fellowship, our highest accolade, to Nihal Fonseka in recognition of his outstanding contribution, both to the CISI and the financial services profession particularly in Sri Lanka, over many years. We very much look forward to his continued support and guidance.”
Fernando is the founding President of the CISI’s NAC in Sri Lanka, taking up his voluntary post in 2011. Well-connected and influential in the local financial services sector, he has been instrumental in establishing an eminent NAC composed of senior practitioners in CISI’s core markets. His rich network and deep understanding of the local arena has created many opportunities for CISI Sri Lanka, nurturing development and upholding standards within the financial services profession.
Fernandol is an experienced banker who has held several key positions in the local and international banking sectors and was appointed as a member of the Monetary Board of the Central Bank of Sri Lanka (CBSL) in July 2016.