A Fireside Chat with Six Bold and Daring Sri Lankan Entrepreneurs
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Knowledge partner A Fireside Chat with Six Bold and Daring Sri Lankan Entrepreneurs August 2018 For private circulation only amongst delegates of Fireside Chat with Six Bold and Daring Entrepreneurs’ event on August 29, 2018 A Fireside Chat with Six Bold and Daring Sri Lankan Entrepreneurs A Fireside Chat with Six Bold and Daring Sri Lankan Entrepreneurs Contents Eminent spokespersons 04 Introducing the Panelists 10 Introducing the Moderators 18 Deloitte Insights 20 About Deloitte Globally 22 Contacts 26 02 03 A Fireside Chat with Six Bold and Daring Sri Lankan Entrepreneurs A Fireside Chat with Six Bold and Daring Sri Lankan Entrepreneurs Message from the desk of Romal Shetty, Eminent President, Consulting, Deloitte India spokespersons Dear All of client services, to customise and deliver solutions through our 674 local At the outset, we would like to thank offices, spread across 150+ countries. ICCSL and CIMA for choosing Deloitte as the knowledge partner for the prestigious However, we believe a solution is event “A Fireside Chat with Six Bold and only as good as its outcome. Our Daring Entrepreneurs”. Consulting practice has demonstrated success in several implementation and I take great pride in welcoming you to transformation engagements across today’s event. It is a great opportunity for Strategy, Operations, Technology, Human us to take away key learnings from the Capital, and Infrastructure. Our work personal and professional experiences of ranges from helping Governments make these gentlemen, who have established smart cities and supporting start-ups a niche for themselves in the country as with going live, to enabling business pioneers in their respective fields. houses to redefine their strategies and bring innovation across functions. With global revenues to the tune In Sri Lanka, we have helped several of US$38.8B and employee base of organizations transform and effectively 250,000+ professionals world-wide, drive their vision, especially in the wake of Deloitte is the largest professional the hyper dynamic economic landscape services firm in the world. The host of of the country today. services we provide range from Tax, Assurance, Financial Advisory, Risk In our continued endeavour to “make an Advisory and Consulting, focusing on 5 impact that matters”, we are delighted core industries and 30 sectors across to serve as the official knowledge partner industries. Deloitte member firms serve for this event, and we truly hope you have 82% of the 2017 Fortune 500 companies. an enlightening evening. All the facts and figures that talk of our diversity and expertise, as notable and important as they may be, are secondary to the truest measure of Deloitte: We make an impact that matters. So, when one asks, “What is different about Deloitte?” the answer resides in the work we do every day that help our clients, our people, and the wider society achieve remarkable goals, solve complex Romal Shetty, problems or make meaningful progress. President, Our edge lies in our ability to draw upon Consulting, an efficient, globally connected network Deloitte India 04 05 A Fireside Chat with Six Bold and Daring Sri Lankan Entrepreneurs A Fireside Chat with Six Bold and Daring Sri Lankan Entrepreneurs Message from the desk of Steven Message from the desk of Swientozielskyj, President, CIMA Chairman, ICC SL We live in an increasingly complex world professionals – whether working in a The International Chamber Sri Lanka business community on policy advocacy. with disruption upending traditional small start-up in Colombo, a large bank ICCCSL is honored to partner with CIMA ICC Sri Lanka also is responsible for business models. In this new world the or in a multinational located across the and the Daily Financial Times to organize issuing the international guarantee chain requirement to fail fast and continually world. the first ever fireside chat involving of ATA Carnets- the Customs document innovate is key. Companies that fail to six of Sri Lanka’s most successful allowing the duty-free and tax-free do this will be left behind and become CIMA – together with our Association entrepreneurs post independence era. temporary import of good. We are also irrelevant. with the American Institute of CPAs – is ICCSL is the local chapter of ICC Paris. improving the capacity of the chamber in equipping its members and students with issuing certificates of origin. In order to stay relevant and thrive, the right skills to succeed in business. The International Chamber of Commerce businesses also need the right skills. Management accountants with the is the largest, most representative Finally, by organizing forums like the The skills that are valued today have a CGMA designation are recognised for business organization in the world. The fireside chat, the chamber hopes to rapidly decreasing shelf life. Many will their ability to enable effective decision- Chamber has 6 million members in over provide a platform for leaders and be obsolete in a couple of years to be making at the heart of enterprises and 100 countries having interests spanning professionals to share best practices, replaced by those as yet unimagined. to lead change – both in business and in every sector of private enterprise. ICC exchange insights, develop networks, This requires finance professionals to the public sector. This also means our works to promote international trade, address the latest business issues have more frequent skills and knowledge members and students are increasingly responsible business conduct and a affecting their communities, and learn upgrades, as their value to the business in demand by employers. global approach to regulation through about new areas of innovation from moves from expertise only to one of an unique mix of advocacy and standard experts. agility and continuous adaption. A I am delighted that CIMA is partnering setting activities – together with market growth mindset, being passionate, and with the International Chamber of leading dispute resolution services. In ICC wishes to express their gratitude to always questioning how things can be Commerce Sri Lanka for this event with addition, ICC also specializes in world- the Six Panelists Mr. Harry Jayawardena, done better are traditional elements of leading entrepreneurs who benefit class business and legal training and are Mr. Sumal Perera, Mr. Dhammika the entrepreneurial spirit. Today, these society by creating value for their an industry-leading publisher of practical Perera, Mr. Merrill J Fernando, Mr. Ashok are the attributes needed for all finance shareholders, customers and employees. tools for international business, banking Pathirage and Mr. Janak Hirdaramani. and arbitration. CIMA, Sri Lanka, Daily FT, Deloitte, Nations Trust Bank, The De Lanerolle In Sri Lanka the ICC national committee Brothers and all other sponsors for their has been in existence for over 60 years. contributions and support to make this The Chamber engages with the business event a success. community to promote good business practices and acts as a voice for the 06 07 A Fireside Chat with Six Bold and Daring Sri Lankan Entrepreneurs A Fireside Chat with Six Bold and Daring Sri Lankan Entrepreneurs Message from the Message from the Nations Daily Financial Times Trust Bank, American Express The Daily FT, the first and only national By partnering in this event, the Daily Nations Trust Bank American Express coupled with innovative services is the daily business paper in Sri Lanka, is FT is pleased to add value and via the supports Sri Lankan individuals and ideal partner to be able to back people in pleased to be associated with ICC conceptualisation and promotion of the professionals with global aspirations to this blended life, thus, its brand platform; Sri Lanka and CIMA, two prestigious event as well as post-event coverage follow their dreams. We also support and “Don’t do business without it” professional organisations in a business we will be empowering our readers and nurture organizations and entrepreneurs event eagerly awaited by all. other stakeholders. venturing in to global markets. This Nations Trust Bank American Express is event which brings together six dynamic delighted to partner with the Chartered The ground breaking Fireside Chat is The Daily FT is pleased to express its personalities on a single forum to share Institute of Management Accountants the first ever forum in Sri Lanka where gratitude to ICC Sri Lanka, CIMA and their personal journey, experiences and (CIMA) Sri Lanka Division and The six highly successful entrepreneurs supporting partners and wish the event thoughts on the Sri Lankan business International Chamber of Commerce who under a single platform will outline all success. and economy is a perfect fit to what our Sri Lanka (ICCSL) to host the Fireside their business acumen, success and brand promise is and complements our chat with six of the most successful management styles. mission of fueling Sri Lankan individuals entrepreneurs of the country on the 29th and organizations to achieve their goals of August 2018 at the Hilton Colombo. and aspirations. We at Nations Trust Bank American Express, thank the Chartered Institute American Express worldwide stands for of Management Accountants (CIMA) Sri celebrating and providing a Powerful Lanka Division and The International backing to individuals whose life and Chamber of Commerce Sri Lanka (ICCSL) business are interconnected which is for inviting us to partner an event of this the new reality. American Express with caliber. the legacy of service, security and trust, 08 09 A Fireside Chat with Six Bold and Daring Sri Lankan Entrepreneurs A Fireside Chat with Six Bold and Daring Sri Lankan Entrepreneurs Who he is… Introducing the Mr. Dhammika Perera is a prominent entrepreneur and investor in the Sri Lankan business landscape. He is the driving force behind a syndicate of companies in the country. What he does… Panelists His business interests include Hydropower Generation, Shipping, Manufacturing, Hospitality, Entertainment, Banking and Finance. His holding company, Vallibel One Group, has stakes in all these sectors, through its various subsidiaries, which employ 60,000 Mr.