The Institute of Chartered Corporate Secretaries of Sri Lanka (ICCSSL) partnered with the Colombo Stock Exchange (CSE) to promote the Company Secretaries’ Program, designed as a joint effort by both parties to achieve the objective of efficient functioning of Company Secretaries of listed entities, to ensure compliance with regulations and governance frameworks pertaining to market operations.
The collaboration will promote the capital market and the journey of a listed entity to directors and secretaries, corporate law firms, and financial professionals while identifying the roles and responsibilities of key stakeholders in the business. The program modules will include an introduction to the capital markets, amendments to the listing rules, listing criteria, life as listed entities, etc.
Commenting on the partnership, the CEO of the CSE, Mr. Rajeeva Bandaranaike, stated, “It is a very important program that is custom-made for listed companies to help them continue their business as a listed entity. The program will create awareness on the corporate best practices, investor relations etc. Listed companies are a key segment that contributes greatly to the Sri Lankan economy, and we are glad to be partnering with ICCSSL in a productive series of initiatives to promote the Companies Secretaries program. The CSE is looking forward to creating a positive impact on the listed companies as a result of this strategic collaboration.”
The ICCSSL President Ms. Hemali Ellawala stated, that with this program ICCSSL believes it will help the Company Secretaries of listed entities, staff in Corporate secretarial firms who act as company secretaries for listed companies, Governance professionals, financial professionals, Directors and other stakeholders to be updated and be in a position to help a key segment that contributes to the Sri Lankan economy, as in listed entities to move forward efficiently in a transparent manner, which is very important at this stage of development. This we believe will help the Sri Lankan economy to move forward swiftly, become stronger and also get more foreign investment.