HNB PLC, Sri Lanka’s leading private sector bank, has reaffirmed its strong commitment to enhancing the nation’s financial sector by renewing its partnership with the CFA Society Sri Lanka (CFA SSL). The collaboration continues in 2025, reinforcing both institutions’ shared goal of advancing the professional development of finance professionals in Sri Lanka.
The Memorandum of Understanding (MOU) exchange ceremony took place on December 5, 2024, with key representatives from both organizations.
“We are excited to continue our long-standing partnership with CFA Society Sri Lanka. This collaboration is vital in advancing HNB’s mission to support innovation and excellence in Sri
Lanka’s financial sector. Through this partnership, we aim to empower finance professionals with specialized banking solutions and access to industry-leading educational opportunities,” said Damith Pallewatte, Managing Director/Chief Executive Officer.
As part of the extended partnership, HNB will continue to offer an exclusive co-branded credit card for CFA Society Sri Lanka members, featuring tailored discounts and promotions. CFA Candidate Council student members will also benefit from access to a Visa Signature credit card, facilitating the payment of CFA exam registration fees and offering enhanced retail banking services.
In addition to the financial services offerings, the MOU outlines that CFA Society Sri Lanka will organize educational programs, networking events, and knowledge-sharing sessions for HNB employees, drawing on its expertise in professional development.
“We are thrilled to deepen our relationship with HNB. Their commitment to supporting ethical standards and advancing professional growth is in perfect alignment with our mission to elevate the finance industry in Sri Lanka,” said Rashmi Peiris Paranavitane, CFA, President, CFA Society Sri Lanka further adding that “This partnership will continue to create invaluable opportunities for our members and the broader financial community.”
CFA Society Sri Lanka, established in 2001, remains a key player in supporting the professional growth of over 250 CFA charterholders and 250 candidates, including senior financial professionals such as CEOs, CFOs, and Investment Analysts and portfolio managers.
With a network of 256 customer centers and more than 800 Self- Service Machines (SSMs) nationwide, HNB continues to lead Sri Lanka’s banking industry. Recognized globally, HNB has been listed among the World’s Top 1,000 Banks by The Banker Magazine and was named Best Retail Bank in Sri Lanka by Asian Banker Magazine.
This renewed partnership highlights HNB’s ongoing commitment to fostering a sustainable and innovative financial ecosystem in Sri Lanka, underscoring the shared dedication of both organizations to advancing the highest professional and ethical standards in the financial sector.