CSE, LSEG Academy sign agreement to conduct accredited training programs in Sri Lanka

The Colombo Stock Exchange (CSE) has partnered with London Stock Exchange Group (LSEG) Academy to announce the signing of a Master Services Agreement to deliver various professional training programs to delegates in Sri Lanka. Several accredited programs have been structured to better suit the Sri Lankan market and will be delivered combining practical application with academic excellence by globally renowned resource personnel attached to LSEG academy.

The Agreement, which was signed by CSE CEO Rajeeva Bandaranaike and Head of LSEG Academy Daniela Biagi, is set to cover eight areas of significance including advanced financial modeling, investor relations, risk management, sustainable finance and anti-money laundering. These programs are intended to enhance Sri Lanka’s financial literacy and investor education with an aim to grow market liquidity, attract both domestic and international investment.

The launch program which is scheduled to commence on 28 October 2020 has been tailored to capture the interest of Non-Executive Directors (NEDs) in the country. This session will be delivered by LSEG Academy Trainer Diana Wu David, an adjunct professor of leadership at Columbia Business School’s EMBA Global Asia, a TED speaker, former Financial Times executive and Founder of the Financial Times Non-Executive Directors Diploma in Asia.

The session covers a breath of essential topics such as Director rights and duties, the role of NEDs, updates on corporate governance, business strategy and risk management, evolving good practices in board performance as well as exploring aspects of company culture and leadership styles. Central to this session is an experience NED-led discussion which will provide an excellent opportunity to hear first-hand key aspects of the role and war-stories of what works well and areas that need sensitive handling. The session offers a range of case study material and practical examples which will arm NEDs with the knowledge required to take on roles with greater confidence and authority.

Commenting on the collaboration CSE CEO Rajeeva Bandaranaike noted that the new avenues created through this agreement between the CSE and LSEG Academy will build on the constructive collaboration between the two institutions. “I welcome this new initiative which further strengthens the excellent working relationship between the CSE and LSEG. I strongly believe that these bespoke programs introduced for the first time in Sri Lanka will complement our efforts to increase financial literacy and strengthen the Capital market in the country.” He added.

Commenting on the initiative Head of LSEG Academy Daniela Biagi said “LSEG Academy is delighted to partner with CSE to offer world-class educational programmes to financial market participants in Sri Lanka. Our Group has a long-standing connection with Sri Lanka, through our highly trained personnel at our technology and operations hubs in the country, to our technology and market infrastructure partnerships with CSE. LSEG Academy is committed to providing support to develop local capital markets and to supporting financial literacy. We look forward to working with Sri Lanka to achieve these shared objectives.”