Trade Finance Association of Bankers holds 27th AGM for 2024/2025
The Trade Finance Association of Bankers (TFAB) held its 27 Annual General Meeting at HNB Towers, Darley Road, Colombo 10 and the incumbent president Hatton National Bank Senior Manager Operation Centralized Trade Processing Shyam De Silva, was elected as the President for the year 2024/2025.
He is a professional banker with over 25 years of experience at Hatton National Bank and he has worked in areas such as System Implementation, Offshore Banking and Trade Finance, with predominant exposure in both export and import segments.
He is an Associate Member of the Institute of Bankers of Sri Lanka. He has been in the association holding positions as the Secretary General, Treasurer, Vice President and Senior Vice President.
The newly elected President encouraged the membership to visit the association’s website www.tfab.lk and also emphasized, that in the face of an evolving economic landscape of technological advancements and geopolitical challenges, as trade finance practitioners we need to be agile, innovative and collaborative.
“Our customer demands extend from just-in-time delivery of goods, fast and efficient actions in facilitating their transactions, low operating costs, quick solutions for their trade queries and technologically advanced systems to process their trade finance transactions.”
Unveiling this year’s plan, the president informed that the association is planning to have continuous dialogues with the regulator and different stakeholders facilitating international trade and will strive to promote best practices, foster knowledge sharing and advocate for policies that support the continuous evolution and sustainable trade.
The president further went on to say that in the face of an evolving regulatory landscape, technological advancements as trade practitioners our ability to adapt and innovate will be paramount.
The Trade Finance Association of Bankers (TFAB) is the only association representing Trade Finance practitioners in Sri Lanka. The inauguration ceremony of the TFAB was held in November 1997. TFAB membership comprises of most all Licensed commercial banks and Specialized Banks operating in Sri Lanka.
The Association is backed by an Advisory Committee comprising veterans in the field of Trade Finance.
The following members were elected as office-bearers; Senior Vice President: K.R. Naguleswaran; Vice President: Indika Prasad Liyanage; Secretary General: K Kapila Susantha; Assistant Secretary: Dilan Wijegoonawardena; Treasurer: Kanchana De Silva; Assistant Treasurer: Shehani Peter; Council Members: Harsha Indika Silva, Mohammed Shaariz Zabith, Niranjan Dabare, Mahesha Kanchanie Hassan, Hariwansha Kumari Bastiansz, Melani Navaratne, A A Ramesh Anuradha Amarasinghe, T Lakshana Sumudu Dilruk Fernando, Shanaka Delano Weimenm, R H Thilanka Sandamali Ranepura, Ruwini Sumanasighe, W G T Sanjeewa Rajarathna, and Past President G A N Samanthie Fernando.
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