Page 76 - 2596-CA SR Lanka- Annual Report 2022

GOVERNANCE REPORTS

Attendance at Meetings & Other Areas of Responsibility Council Meetings
Council Members Attendance Council meetings proceed according to a
preset agenda and are minuted and later
Mr. Sanjaya Bandara (President) 24 endorsed by the Council.
Mr. Heshana Kuruppu (Vice President) 21
Mr. Manil Jayesinghe (Immediate Past President) 21 A total of 24 Council meetings were held
Mr. Chulantha Wickramaratne - in 2022. Key items taken up for discussion
Ms. Coralie Pietersz 21 at Council meetings in 2022, included the
Mr. Tishan Subasinghe 22 Annual budget, Financial Statements and
Mr. Jayampathy Molligoda 19 major capital expenditure recommended
Ms. Anoji De Silva 21 by respective committees.
Mr. Saman Sri Lal 23
Mr. Ashane Jayasekara 19
Mr. Thivanka Jayasinghe 22
Prof. Athula Manawaduge 18
Mr. Chamara Abeyrathne 19
Mr. Laknath Jayawickrama 21
Mr. Nuwan Withanage 21
Mr. R.A.L. Udaya Kumara 18

CA Sri Lanka Governing Council Composition of the Council
The CA Sri Lanka Governing Council (The The Council is led by the President,
Council) is the highest governance body supported by a Vice-President and
of the Institute. The Council operates fourteen other members. Of these 7,
in line with the powers vested by the including the Vice-President are elected by
provisions of the Act of Incorporation and the Members of the Institute, while the
Regulations of The Institute of Chartered remaining members are appointed by the
Accountants of Sri Lanka. Accordingly, the Minister of Finance. The Auditor General
Council is tasked with providing strategic of Sri Lanka and the Immediate Past
direction and oversight for the affairs of President of CA Sri Lanka also serves as
the Institute. ex-officio members on the Council.

To assist in the day to day operations, Elections are conducted every two years
the Council has delegated certain to elect the Vice-President and six Council
duties and responsibilities to the members. The Vice-President becomes
Institutes’ governance, statutory and the President for the next term.
operational committees as well as the
Chief Executive Officer, Secretary and The most recent elections were held in
the Management teams. The Council December 2021 and the new Council
maintains close working relationships was inducted in January 2022. Members
with these stakeholders to ensure CA Sri elected to the current Council consist
Lanka’s strategic agenda continues to be of senior CA members drawn from
implemented. diverse backgrounds, including practicing
accountants, academics and leaders from
Council membership and committee the private sector and public sectors. Their
membership are all voluntary positions names and profiles of the sitting Council
undertaken by senior CA Members as a members are set out on page 20 of this
service towards driving CA Sri Lanka’s report.
core objectives.

74 CA SRI LANKA | Integrated Annual Report 2022