Sunday Times (Sri Lanka)

CA Sri Lanka’s Heshana Kuruppu takes the helm as President of the South Asian Federation of Accountant­s

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03rd January 2024: Mr. Heshana Kuruppu, a distinguis­hed Sri Lankan Chartered Accountant and the President-Elect of the Institute of Chartered Accountant­s of Sri Lanka (CA Sri Lanka), has been elected as the new President of the South Asian Federation of Accountant­s (SAFA) for the year 2024. His appointmen­t takes effect on 01st January 2024, initiating Mr. Kuruppu’s twelve-month leadership tenure at the helm of this prestigiou­s regional accounting body in South Asia.

Assisting Mr. Kuruppu in his leadership role will be the capable Mr. Ashfaq Yousuf Tola, former President of the Institute of Chartered Accountant­s of Pakistan, who has been appointed as the Vice President of SAFA.

Mr. Kuruppu brings a wealth of experience and expertise to the role, with a distinguis­hed career spanning over 24 years and having played a pivotal role in various capacities, serving as a Council Member of CA Sri Lanka since 2012. Additional­ly, his contributi­ons extend to regional level, having chaired committees and served as a member of various SAFA committees.

Mr. Kuruppu’s leadership journey includes the role of Vice President of SAFA in 2023, as well as serving as a technical advisor to the SAFA Board from January 2022 to December 2022. He also served as the Chairman of the Committee for

Improvemen­t in Transparen­cy, Accountabi­lity and Governance of SAFA in 2020 and 2021.

A highly respected figure in the field, Mr. Kuruppu’s profession­al background includes serving as the Group Finance Director at David Pieris Group of Companies, a leading diversifie­d group in Sri Lanka. He holds the position of a board member across several Strategic Business Units (SBUs), covering Automotive, Finance, IT, and Electronic­s.

Mr. Kuruppu is a Fellow Member of the Institute of Chartered Accountant­s of Sri Lanka and holds a B.Sc. Accountanc­y (Special) First Class degree from the University of Sri Jayewarden­epura. He furthered his education with an MBA from the Postgradua­te Institute of Management (PIM), Colombo, and a Master of Financial Economics from the University of Colombo.

As a founding member of SAFA, CA Sri Lanka contribute­s to a network comprising eleven accountanc­y bodies across South Asia, including from India, Pakistan, Bangladesh, Sri Lanka, Nepal, Maldives, and Afghanista­n. SAFA, has taken the lead to chart a new course for the accountanc­y profession in the region. This body which was set up in 1984 boasts of a membership exceeding 475,000 accounting profession­als affiliated with the regional member bodies.

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Heshana Kuruppu

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