Page 78 - CA Sri Lanka Integrated Annual Report 2023

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 20/21 endorsed by the Council.
Mr. Heshana Kuruppu - Vice President 18 /21
Mr. Manil Jayesinghe - Immediate Past President 16 /21 A total of 21 Council meetings were held
Mr. Chulantha Wickramaratne - Auditor General 0 /21 in 2023. Key items taken up for discussion
Mr. Tishan Subasinghe 18 /21 at Council meetings in 2023, included the
Mr. Chamara Abeyrathne 13 /21 Annual Budget, Financial Statements and
Ms. Anoji De Silva 19 /21 major capital expenditure recommended
Mr. Saman Siri Lal 19 /21 by respective committees.
Mr. Thivanka Jayasinghe 16 /21
Ms. Coralie Pietersz 16 /21
Mr. Jayampathy Molligoda 14 /21
Mr. Laknath Jayawickrama 15 /21
Prof. Athula Manawaduge 14 /21
Mr. R.A.l Udaya Kuramra 9 /21
Mr. Ashane Jayasekara 18 /21
Mr. Nuwan Withanage 15 /21

CA Sri Lanka Council Composition of the Council
The CA Sri Lanka Council (The Council) The Council is led by the President,
is the highest governance body of the supported by a Vice-President and
Institute. The Council operates in line with fourteen other members. Of these, seven,
the powers vested by the provisions of including the Vice-President are elected by
the Act of Incorporation and Regulations the Members of the Institute, while the
of the Institute of Chartered Accountants remaining members are appointed by the
of Sri Lanka. Accordingly, the Council is Minister of Finance. The Auditor General
tasked with providing strategic direction of Sri Lanka and the Immediate Past
and oversight for the affairs of the President of CA Sri Lanka also serves as
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 duties to elect the Vice-President and six Council
and responsibilities to the Institute’s members. The Vice-President becomes
governance, statutory and operational the President for the next term.
committees as well as the Chief Executive
Officer, Chief Operating Officer, Secretary The most recent elections were held in
and the Management teams. The Council December 2023 and the new Council
maintains close working relationships was inducted in January 2024. 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 from diverse
implemented. 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 18 of this
service towards driving CA Sri Lanka’s report.
core objectives.

76 CA Sri Lanka Integrated Annual Report 2023