President of the Bar Association of Sri Lanka, Attorney-at-Law Rajeev Amarasuriya stated that this conference has been designed with the aim of fostering responsible, knowledgeable, and principled boardroom leadership.

The keynote address is scheduled to be delivered by the Chairman of the Securities and Exchange Commission of Sri Lanka, Senior Professor B. P. H. Dissabandara, and it is reported that four thematic sessions will also be conducted with the participation of experts representing various fields.

Key Highlights

  • The Bar Association of Sri Lanka is holding this conference for the first time on Saturday, November 7.
  • The keynote address will be delivered by the Chairman of the Securities and Exchange Commission of Sri Lanka, Senior Professor B. P. H. Dissabandara.
  • Four thematic sessions will be conducted by industry experts during the conference.
  • The programme will be held at the Courtyard by Marriott hotel premises in Colombo.

Importance of Corporate Governance

Attorney-at-Law Rajeev Amarasuriya pointed out that being a member of a board of directors is not merely holding a position, but a very substantial responsibility. He therefore emphasized that it is imperative for every director to have a proper understanding of their legal obligations.

He also stated that the true value of sound corporate governance becomes very clear when examining the crises some institutions have faced. He noted that the adverse consequences of poor governance are not confined to the institution alone, but affect investors, employees, and the overall economy of the country, making the development of leadership capabilities in corporate governance a vital national need.

It is also reported that the primary objective of this programme is to provide practical knowledge targeted at professionals currently serving on corporate boards as well as those aspiring to take up such positions in the future.

What happens next?

The 'Board Leader Ready' conference is scheduled to be held on Saturday, November 7, at the Courtyard by Marriott in Colombo.

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