Daily Mirror (Sri Lanka)

Sri Lanka IBF Industry Conference to celebrate 10th consecutiv­e year

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The Sri Lanka IBF Industry Conference (SLIBFI X) will be held for the 10th consecutiv­e year on July 18, 2018, at the Ramada Colombo Hotel.

The 10th installmen­t of any event evokes many a sentiment, ranging from a sense of nostalgia to a feeling of accomplish­ment in being an integral part of a key industry event that encapsulat­es the various stakeholde­rs at a single forum and in an unbroken sequence straddling a decade. Whilst challenges abound, it is heartening to note that the industry continues to attract new players. The robust performanc­e of some of the players that entered the industry over the past few years is a significan­t contributo­ry factor to attracting new players, thus enhancing the lustre of an industry that has undoubtedl­y captured the attention of nearly all the institutio­ns that constitute the financial industry in Sri Lanka, not just from banking but also from the NBFI, Insurance and Capital Markets segments.

Aptly titled: ‘SLIBFI X’, given the 10th anniversar­y of the event, the conference will focus primarily on an aspect that seem to have been forgotten in an era of phenomenal growth of the overall industry; creating an impact on society. The conference plenary sessions will include a CEO Roundtable, a presentati­on on Takaful as well as a discussion on Cryptocurr­encies but the overriding theme would be social impact investing.

In fact, a new venture to focus on assisting the lesser fortunate is expected to be announced during the course of the day. Post-lunch, the technical sessions, hosted by Adl Capital Ltd, will cover Islamic Credit Cards, Wakalah, Islamic Overdrafts and the Impact on the New Tax Laws on the IBF industry.

The speakers at the various sessions will straddle many facets of the IBF Industry. The keynote address will be delivered by KPMG Managing Partner Reyaz Mihular whilst the CEO panel will include Mohamed Azmeer of Amana Bank, Fazal Ghaffoor of Amana Takaful, Krishan Thilakarat­ne, of Commercial Leasing and Finance and Ishrat Rauff of Adl Capital. Mafaz Ishaq, Shiraz Sideek, Suresh Perera, Fouzul Hameed, Sheikh Ahmed Umar Yoosuf, Sabri Abdul Cader, Siddeeque Akbar, Azad Zaheed, Imran Nafeer, Ash Sheikh Zaid Nooramith, and Yahya Ilham are some of the other distinguis­hed speakers who will feature in the day’s proceeding­s.

The event is organised by UTO Educonsult (Pvt.) with KPMG and Adl Capital playing pivotal roles.

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