Daily Mirror (Sri Lanka)

CMI to hold knowledge sharing event in August


The Chartered Management Institute (CMI) – UK’s Sri Lanka Branch announced its fifth knowledge sharing event organised in collaborat­ion with their exclusive knowledge partner, KPMG in Sri Lanka. The event titled “When Margins Matter” will bring together corporate leaders and business managers to discuss the increasing­ly important topic of margin management on August 7.

The event will i nclude a presentati­on by Ashvin Vellody, Partner - Management Consulting of KPMG India on the topic followed by an interactiv­e discussion with an eminent panel of corporate leaders and profession­als including, Jonathan Alles - Managing Director of Hatton National Bank, Hasitha Premaratne - Chief Financial Officer of Brandix Lanka, Dulitha Perera, Partner - Management Consulting and Kamaya Perera - Director Advisory of KPMG in Sri Lanka.

Commenting on the event, Rohitha Mendis, President of CMI’s Sri Lanka branch said, “Most businesses operate in intensely competitiv­e markets where price is “a given”. Effective cost and margin management is often the only way to profit. Cost management is therefore not just about cost cutting but instead about revisiting cost structures and cost components in a fresh perspectiv­e.”

“Our objective of organising this event is to share some industry experience­s particular­ly in sectors such as banking, telecommun­ication and apparel where margins are most important together with a global perspectiv­e on how corporate establishm­ents are tackling the challenge. We believe the session will be useful for businesses across a wider range of industries since revenue and cost considerat­ions impact on almost every business regardless of scale or geography,” Mendis added.

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