This event was yet another in a series of Market Opening Ceremonies, featuring the companies from the S&P SL20 index.
Managing Director and CEO Mr. Jegan Durairatnam, Chief Operating Officer Mr. S Renganathan, Chief Financial Officer Mr. Nandika Buddhipala, Deputy General Manager - Corporate Banking Mr. Sanath Manatunge and Deputy General Manager Human Resources Management Mr. Isuru Tillakawardana from Commercial Bank and Chairman Mr. Vajira Kulatilaka, CEO Mr.Rajeeva Bandranaike and the Senior Management from the CSE took part in the Market Opening Ceremony.
“Having been listed on the Exchange since 1970, Commercial Bank of Ceylon PLC has had a positive andrewarding relationship with the Stock Exchange and its management.
We have grown with the Exchange and are currently positioned with the 3rd largest market capitalisation, hovering around a Billion Dollars.
The Stock Market is much more than a place to buy and sell shares; we think it is a businesses’access to capital and more importantly provides companies an opportunity to enhance their visibility and public image on a world stage,” Commercial Bank Managing Director and CEO Mr. Jegan Durairatnam said.
“We are trying to manage the risk, by bringing in the Central Counterparty System (CCP), financial risk and systemic risks.
We are also trying to bring in new products, such as risk management products, hedging instruments and also other instruments that will help to create more liquidity for our shares and products,” Chairman of CSE Mr.Vajira Kulatilaka said.
About CSE
The Colombo Stock Exchange (CSE) operates the only share market in Sri Lanka and is responsible for providing a transparent and regulated environment where companies and investors can come together.
The CSE is a company that is limited by guarantee established under the Laws of Sri Lanka.
The CSE is licensed by the Securities and Exchange Commission of Sri Lanka (SEC) and is a mutual exchange consisting of 15 Members and 20 Trading Members.
All Members and Trading Members are licensed by the SEC to operate as Stockbrokers. For more information, please visit: www.cse.lk.
Captions:
(L-R) Chief Financial Officer (COMB) Mr. Nandika Buddhipala, Chief Operating Officer (COMB) Mr. S Renganathan, Managing Director and CEO (COMB) Mr. Jegan Durairatnam, Chairman (CSE) Mr. Vajira Kulatilaka, CEO (CSE) Mr. Rajeeva Bandranaike, Deputy General Manager Human Resources (COMB) Mr. IsuruTillakawardana, Deputy General Manager - Corporate Banking (COMB) Mr. Sanath Manatunge.
