Annual Report 2022/2023
Adaptability has always been a core driving force behind our success. In these challenging times, we revisit this innate quality and strength to navigate the troubled waters with resilience, prudent action and vision. As we continue to lead and connect the country’s corporate sector and business community to seek sustainable growth through adopting best practices, CIPM remains committed to the economic prosperity and financial acumen of the nation. ANNUAL REPORT 2022 THE INSTITUTE OF CHARTERED ACCOUNTANTS OF SRI LANKA | ANNUAL REPORT 2022
DRAFT 02 21.07.2023 Our Vision, Mission, Values and Objectives ............................... … Progress Report based on the Objectives .................................. … About the Report ........................................................................ … ABOUT US About CIPM ................................................................................ … CIPM Qualification...................................................................... … Operational Highlights ................................................................ … Performance Highlights .............................................................. … Year at a Glance ......................................................................... … Awards & Excellence .................................................................. … Milestones .................................................................................. … LEADERSHIP President’s Message................................................................... … Hony. Secretary’s Message ........................................................ … Hony. Treasurer’s Report............................................................. … Chief Executive Officer’s Review ................................................ … Governing Council ...................................................................... … Executive Council Profiles........................................................... … Management Team..................................................................... … Past Presidents........................................................................... … STRATEGIC REPORT Value Creation Model ................................................................. … Materiality Assessment............................................................... … Stakeholder Engagement ........................................................... … Operating Environment............................................................... … Strategy & Resource Allocation .................................................. … MANAGEMENT DISCUSSION AND ANALYSIS Financial Capital ......................................................................... … Manufactured Capital.................................................................. … Human Capital............................................................................ … Intellectual Capital ...................................................................... … Social & Relationship Capital...................................................... … Natural Capital............................................................................ … STANDING COMMITTEES List of the Standing Committees to the Council.......................... … Standing Committee on Business School................................... … Standing Committee on Finance and Administration .................. … Standing Committee on Digitalisation, Automation and IT Projects............................................................................ … Standing Committee on People Development and Remuneration ...................................................................... … Standing Committee on Membership Development, Member Services and Engagement ........................................... … Standing Committee on Audit, Legal and Due Diligence ............ … Standing Committee on Professional and Academic Affairs .................................................................. … Standing Committee on CIPM Applied Research and Knowledge Centre ............................................................... … Standing Committee on Editorial ................................................ … Standing Committee on People Management Solutions ............ … Standing Committee on International Relations.......................... … Standing Committee on Infrastructure Development, Premises and Facilities Management......................................... … Standing Committee on Business Process Re-engineering and Organisation Development......................... … Standing Committee on Marketing ............................................. … College of Past Presidents.......................................................... … The World HR Congress 2021.................................................... … STEWARDSHIP Governance Report of the Governing Council............................ … Risk Management....................................................................... … Annual Report of the Governing Council Members’ on the Affairs of the Institute ....................................................... … FINANCIAL REPORTS Independent Auditors’ Report...................................................... … Statement of Comprehensive Income ........................................ … Statement of Financial Position .................................................. … Statement of Changes in Equity ................................................. … Statement of Cash Flows............................................................ … Significant Accounting Policies to the Financial Statements .................................................................. … Notes to the Financial Statements.............................................. … Detail Statements of Comprehensive Income............................. … Additional Notes to the Financial Statements ............................. … ANNEXES Ten Year Summary...................................................................... … Value Added Statement .............................................................. … Glossary of Financial Terms ....................................................... … Branch Network.......................................................................... … Corporate Sponsors ................................................................... … Notice of Meeting........................................................................ … Inner Back Cover........................................................................ … Corporate Information................................................................. … CONTENT
5 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 Vision Values Objectives Mission TO BE A GUIDING FORCE AND GLOBAL LEADER IN DEVELOPING AND MANAGING HUMAN CAPITAL COURAGE BEING DIFFERENT, CREATIVE, INNOVATIVE INTEGRITY ETHICAL, HONEST AND SINCERE IN ALL DEALINGS PASSION INNER DRIVE FOR WORLD-CLASS SERVICE EXCELLENCE MASTERY BEING PROFICIENT IN WHAT WE DO TO PROMOTE AND DEVELOP THE PRINCIPLES, TECHNIQUES AND PRACTICE OF PERSONNEL MANAGEMENT IN SRI LANKA; TO HELP IN THE ACQUISITION AND INTERCHANGE OF KNOWLEDGE BY READING OF COMMUNICATIONS AND DISCUSSIONS THEREON, BY ESTABLISHING AND MAINTAINING LIBRARIES, PUBLICATIONS ON MATTERS OF PROFESSIONAL INTEREST AND ANY SUCH OTHER MEANS; TO PROMOTE THE STUDY OF PERSONNEL MANAGEMENT AND TO ENCOURAGE RESEARCH INTO THE BEST MEANS AND METHODS OF APPLYING THE PRINCIPLES AND TECHNIQUES OF PERSONNEL MANAGEMENT IN THE INTERESTS OF THE INDUSTRIAL AND ECONOMIC DEVELOPMENT OF SRI LANKA; TO CONDUCT EXAMINATIONS QUALIFYING FOR MEMBERSHIP OF THE CORPORATION TO TEST THE COMPETENCE OF PERSONS ENGAGED IN PERSONNEL MANAGEMENT AND TO GRANT CERTIFICATES OF COMPETENCE; TO ASSESS THE ELIGIBILITY OF CANDIDATES FOR ADMISSION TO THE VARIOUS GRADES OF MEMBERSHIP; TO REGULATE THE PROFESSIONAL ACTIVITIES AND TO ASSIST IN MAINTAINING HIGH STANDARDS IN THE GENERAL CONDUCT OF ITS MEMBERS; TO GIVE THE GOVERNMENT AND OTHER INSTITUTIONS BOTH IN THE PUBLIC AND PRIVATE SECTORS THE FACILITIES FOR CONFERENCE WITH AND ASCERTAINING THE VIEWS OF PERSONNEL MANAGERS AS REGARDS MATTERS DIRECTLY OR INDIRECTLY AFFECTING PERSONNEL MANAGEMENT; TO ENCOURAGE AND ASSIST IN THE SETTLEMENT OF DISPUTES BETWEEN THE INSTITUTE AND ITS MEMBERS BY ARBITRATION AND TO NOMINATE ARBITRATORS AND UMPIRES; TO FOSTER COORDINATION WITH SIMILAR PROFESSIONAL INSTITUTES IN SRI LANKA AND OTHER COUNTRIES IN FURTHERING THE OBJECTS OF THE CORPORATION; AND TO DO ALL SUCH OTHER ACTS AND THINGS AS ARE INCIDENTAL OR CONDUCTIVE TO THE ATTAINMENT OF ABOVE OBJECTS OR ANY OF THEM. DEVELOPING INNOVATIVE PRACTICES FOR UNLEASHING HUMAN POTENTIAL
6 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 PROGRESS REPORT BASED ON OBJECTIVES No Objective Completed projects for the last financial year 1 To promote and develop the principles, techniques and practice of personnel management in Sri Lanka Completed a TOT program for the Management Development training unit in the Uva Province for 45 managerial-level trainers. Conducted & continued Management Development Program for BOC for 45 island wide branch managers. Passed out 618 PQHRM/ CQHRM Graduands at the CIPM Graduation Ceremony. Developed NCS for NVQ level 04 with the Collaboration of the Tertiary Vocational & Education Commission. Prepared 11 National HRM Standards in collaboration with SLSI. Launched AIHR Certificate Program for HRM and Management. Executive Development Program for People’s Bank for their island wide 57 AGMs and Chief Managers. Conducted ten customized Supervisory Development Programs for Sri Lanka Telecom. 2 To help in the acquisition and interchange of knowledge by reading communications and discussions thereon, by establishing and maintaining libraries, publications on matters of professional interest and any such other means. Launched an e-Repository Collection (E-journal, E-thesis on CIPM Distance Learning Management System (DLMS). Supported and facilitated the research, learning, teaching, and administrative activities of the Institute. Published President’s Desk once in two months on achievements. Published bi-annual Journal of HRM Perspectives (JHRMP) 7(1), June 2022, and 7(2), December 2022 issues. Published Symposium Proceedings 2022, Case Study Book 2022. Completed and Published 2 National level research projects on the following topics, 1. Attracting youth to TVET courses 2. Female Migrant Compiled Cumulative Index for the HRM Perspectives/JHRMP covering the period of 2006- 2021. This index comprises subject headings, classified, author, and keyword indexes. Created an e-Knowledge Portal on HRM for the benefit of HRM Practitioners, Faculty, Students, and research scholars in the field of HRM. It comprises the following e-Repositories (Full Text/Open Access publications) 1. E-Book Repository 2. E-Journal Repository 3. ETD (Electronic Theses and Dissertations) Repository. This repository includes Bachelor theses, Master theses, and Ph.D./DBA theses according to the CIPM Curriculum. 3 To promote the study of personnel management and to encourage research into the best means and methods of applying the principles and techniques of personel Management in the interests of the industrial & economic development of Sri Lanka Conducted CIPM Annual International Research Symposium 2023 by obtaining 100 research papers from CIPM graduates, University graduates, HR Practitioners, Faculty, and other research scholars in the field of HRM nationally and globally. Completion of three National level research projects 1. Attracting youth to TVET courses 2. Female Migrant 3. Attraction and Retention of Youth in Paddy Farming: Strategic Perspective and Policy Guidelines for Sri Lanka Brain Drain of Developing Countries: A Case Study of Sri Lanka is in the processing stage. Currently working with the collaboration of Ministry of Labour regarding a National Level Survey on Labour Demand National HR Data Base and E-Repository of CIPM Research Publications were ceremonially opened at the Research Symposium 2023
7 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 No Objective Completed projects for the last financial year 4 To conduct examinations qualifying for membership of the Corporation to test the competence of persons engaged in personnel management and to grant certificates of competence Passed out 618 PQHRM/ CQHRM Graduands at the CIPM Graduands Ceremony. Total number of HR professionals who were conferred with CIPM membership - Chartered Fellow -60 - Chartered Member -174 - Hony. Members -21 - Associate -775 - Affiliate -403 Number of CIPD Memberships - Currently, a total of 108 students have registered as CIPD Student Members, and 63 students have obtained the CIPD Associate Membership upgrade. 5 To assess the eligibility of candidates for admission to the various grades of membership 20 Membership Interviews were conducted during the period of August 2022 to June 2023 and following no. of new memberships were offered. - Chartered Fellow -4 - Chartered Member -13 - Hony. Members -0 - Associate -99 - Affiliate -55 6 To regulate professional activities and to assist in maintaining high standards in the general conduct of its members. Conducted discussions with corporate members by the president. 2 New Members’ Induction Programmes were conducted on 25th November 2022 with the participation of 59 members and on 30th June 2023 with the participation of 40 new members. Offered 7 Chartered Memberships directly to high-profile HR professionals in different industries. Published President’s Desk once in two months. 7 To give the Government and other institutions, both in the public and private sectors, the facilities for conferences with and ascertaining the views of personnel managers as regards matter directly or indirectly affecting personnel management Promoted annual events such as the World HR Congress, Annual Research Symposium, etc. Proceedings of 7th CIPM International HR Research Symposium. Case Study of 7th CIPM International HR Research Symposium. Monograph on Attraction and Retention Youth in Paddy Farming: Strategic Perspective and Policy Guidelines for Sri Lanka. CEOS’ Forum held on 23rd March 2023, 6.00 p.m. at Shangrila Colombo with 200+ participants 8 To encourage and assist in the settlement of disputes between the Institute and its members by arbitration and to nominate arbitrators and umpires. No disputes and arbitrations during the relevant period.
8 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 No Objective Completed projects for the last financial year 9 To foster coordination with similar professional institutes in Sri Lanka and other countries in furthering the objects of the Corporation. Online webinars were conducted with the collaboration of CIMA. Introduced Corporate/Institutional Membership Signed an MOU with CA Sri Lanka Partnered with AIHR Netherland to offer HRM short courses to members of CIPM and HR professionals. Partnered with CIPD and CIPM became a CIPD UK Approved centre Partnered with CMI UK and CIPM became a CMI centre The great HR Quiz 2022 held on 25th February 2022 at Hotel Galadari, Colombo with the participation of 48 teams. Partnering with CIM UK Sri Lankan Chapter 10 To do all such other acts and things as are incidental or conductive to the attainment of above objects or any of them. Promulgating member platform to exchange value adding thoughts, views, ideas and suggestions by connecting with President/office bearers under the concept of the “Coffee with President ”held on 6th October 2022, at CIPM Members’ Lounge. Signed MOUs with 7 academic institutions and universities during this council year. Altogether, 15 MOUs have been signed up to now. PROGRESS REPORT BASED ON OBJECTIVES
9 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 ABOUT THE INTEGRATED ANNUAL REPORT Dear reader and stakeholder, We present the second Integrated Annual Report of the Chartered Institute of Personnel Management Sri Lanka (CIPM). The report provides information pertinent to our stakeholders. The report will help you understand our activities and projects associated with stakeholder value creation and the Institute’s objectives as well as strategic growth.. The report is developed around the principles of the Integrated Reporting Framework by the International Integrated Reporting Council (IIRC). Reporting scope and boundary The report covers information on our activities and progress of operations for the Governing Council year from 1st of July 2022 to 30th June 2023. The report also covers financial information for the period between April 1, 2022 and March 31, 2023. which is the institute’s financial year. The reporting boundary has been set based on the activities we conduct and services we provide in abidance with the Act of Incorporation Act No 24 of 1976 and Amendment Act No 31 of 2018. In determining the reporting scope, stakeholders have also become a key consideration and value creation through the management of all six capitals. Stakeholders Members Resource Persons Partners (local and international) Service providers Government and regulators The public and the environment Students Employees Six capitals Financial Intellectual Social and relationship Natural Manufactured Human Navigating the report The report is compiled after segregating information into relevant sections to present information in a clear and applicable manner. Icons represent the main sections, including stakeholders and capital reports.
10 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 Progress report (Page …) The report provides our work, programmes and achievements in relation to CIPM objectives About us (Page …) Comprehensive introduction of the Institute and overview of operational and financial highlights from governing and financial years under review. Leadership (Page …) Provides a detailed presentation of the professionals who lead the institute on strategic and operational levels. Strategic report (Page …) The section comprehensively presents material aspects, stakeholder relations, external factors that affect CIPM, its strategy and value creation process. Management discussion and analysis (capital reports) (Page …) Reports information on the management of six capitals, management in creating value for stakeholders during the period under review, in the past and the future. Standing committees (Page …) The section covers reports by the institute’s 18 standing committees. They oversee the designated functions of the institute. Stewardship (Page …) Covers CIPM’s governance approaches, including Council members’ duties and meeting attendance. The section also addresses material risks and risk management. Financial reports (Page …) Includes audited financial statements and notes to statements. The section also comprises the Independent Auditors’ Report. Reporting principles The report follows the principles of integrated reporting in preparing the Report and how presenting information. Strategic focus and future orientation – Includes our strategy and how it creates value over time and its effect on the six integrated capitals Connectivity of information– Use of icons to make interrelated interpretations and demonstrate interdependencies. Whenever applicable we guide readers to refer to sections for cross-reference and additional details. Stakeholder relationships – Capital reports, including social and relationship capital demonstrate how stakeholder expectations are met and stakeholder engagement section shows relationship with stakeholders. Materiality – Disclosure about matters that affect Institute’s objectives and value creation. Conciseness – The report concisely presents relevant information, where applicable. Reliability and completeness – Representation of information and reliability enhanced by internal audit, independent auditor, designated accounting firm, governing council and standing committees. Includes all material matters for a balanced report. Consistency and comparability - Reporting structure consistent with the 2021/22 report but with substantially improved quantitative information, indicators and comprehensive commentaries. Forward-looking statement The report includes forward-looking statements about the Institute’s future actions, strategies and intended outcomes. Such statements are subject to changes and uncertainties, which will likely cause final outcomes/results to differ from such forward-looking statements. We do not guarantee outcomes within such-forward looking statements, as numerous uncontrollable factors and possible risks could change the outcomes pertaining to expectations, decisions, actions, and strategies and affect projected performance results mentioned in forward-looking statements. Therefore, we are not obligated to update or revise such statements as such statements are made at the time of publishing the report. We request readers and stakeholders to consider such forward-looking statements in relation to the operating context in which they were written and the operating environment (internal and external) between this annual report and the subsequent report. Assurance Ensuring the integrity and credibility of this report is the responsibility of our Management team and Council team. They review all disclosures within the report, including non-financial and financial information. Moreover, external assurance of financial statements within this report has been obtained from Messrs. BDO Partners (Chartered Accountants) of Sri Lanka. The internal audit has been carried out by Messrs. KPMG Chartered Accountants of Sri Lanka. ABOUT THE INTEGRATED ANNUAL REPORT
11 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 Applicable standards and frameworks Sri Lanka Financial Reporting Standards for SMEs Companies Act No.7 of 2007 Financials statements Act of Parliament No. 24 of 1976 and amended by act No. 31 of 2018 By-Laws Standard operating Procedures (SOP) Corporate Governance International <IR> Framework of IIRC (January 2021) Sustainable Development Goals (UNSDG) Voluntary Compliance Statement of Governing Council Members on the Integrated Annual Report In ensuring transparency, accountability and validity of this report, members of the Governing Council of the Chartered Institute of Personnel Management (CIPM) have assessed it objectively and have used their collective expertise to ensure the integrity of the report information. We assure you that this report includes all relevant information and matters of importance and follows the IIRC Integrated Reporting framework. Signed for and on behalf of the Governing Council ............................. Mr Ken Vijayakumar President-CIPM SL Feedback and inquiries We welcome your comments and suggestions on this Report and invite you to direct them to: Name :Mrs Wathsala Nadeeshani Designation :Head of Finance Tel :0112199988- Ext. 211 Email : [email protected]
12 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 ABOUT THE INSTITUTE The premier professional body for HRM in Sri Lanka, CIPM fulfills the invaluable role of developing Sri Lanka’s HRM profession and has continuously produced globallycompetent Chartered HR professionals. CIPM was instituted at a time when Sri Lanka’s higher academic institutions did not deliver HRM-related education, making CIPM the only institution to offer professional HRM programs on a grand scale. Currently, CIPM is the only HR professional body incorporated by an Act of Parliament of Sri Lanka and has an active base of 7000+ students. CIPM was formerly established as the Institute of Personnel Management in 1959 by a small team of like-minded professionals rooted in the same vision and passion to promote the profession of Human Resource Management in Sri Lanka. They sought to develop human resource management as a highly recognised and widely accepted discipline amongst the country’s masses. In 1976, the Institute was recognised subsequent to being incorporated through a Parliamentary Act; this enabled the Institute to actively reach its vision of becoming a sought-after professional HRM institute by promoting and developing human resource management in Sri Lanka. In 2018, the Institute was elevated to the status of a Chartered Institute through Act No. 31 of 2018 and was renamed the Chartered Institute of Personnel Management (CIPM). The amendment bolstered CIPM’s recognition as the undisputed institute for professional HRM studies in Sri Lanka. CIPM Sri Lanka is a member of the Asia Pacific Federation of Human Resource Management (APFHRM) and affiliated with the World Federation of People Management Associations (WFPMA), in which we held a position on the Board. CIPM received the honour of hosting the World HRD Congress in 2020. However, due to the COVID-19 pandemic, it was held as a virtual event in December 2021. Sri Lanka became the first Asian nation to receive this opportunity.
13 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 Members Graduates Annual Students Resource Persons 250+ 1400+ 800+ 6,500+ CIPM Programmes CIPM programs satisfy the requisites and demands of today’s learners and HR professionals. Our programs accommodate the career aspirations of school leavers and the professional and academic pursuits of individuals engaged in the HRM profession. The foremost program of the Institute is the Chartered Qualification in HRM - the highest accreditation provided to learners and professionals dedicated to the completion of a three-year pathway at CIPM. Specialised Programs International Programs Training and Development Programs Core HR Programs Core HR Programmes CIPM’s core HR programs are aligned with the pathway to completing the Chartered Qualification in HRM (CQHRM) - the highest accreditation offered by the Institute, which enables professionals to reach the coveted Chartered status. Four composite models form the core programs, including CQHRM. ACHRM Advanced Certificate in HRM DPHRM CIHRM CQHRM Diploma in Professional HRM Chartered Intermediate in HRM Chartered Qualification in HRM The Chartered Qualification in Human Resource Management (CQHRM) Accredited by the Chartered Institute of Personnel Development (CIPD – UK), CQHRM is Sri Lanka’s prime and prestigious qualification for HR professionals. It enables HR professionals to elevate themselves to Chartered status, which brings global recognition, opening up a world of professional opportunities in personnel development. Built on globally-verified standards, CQHRM is a four-level composite model consisting of the Advanced Certificate in HRM, Diploma in Professional HRM, Chartered Intermediate in HRM and Chartered Qualification in HRM. The course is a three-year undertaking built on various modes of assessments and research work. The program’s curriculum is built around a combination of structure, competencies, core behaviours and learning outcomes to shape globally-capable HR professionals in Sri Lanka. The program extends across 36 months apart from the time allotted for the Research Report.
14 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 All subjects of CQHRM cover ten competencies. These competencies are integrated into all levels of CQHRM. Through these competencies, CIPM’s objective is to enrich students’ learning outcomes and to produce well-rounded, globally-competent HR professionals who can tackle the real-world challenges of the profession. The competencies are: Human Resource Expertise Professional Credibility Business Acumen Entrepreneurial Expertise Strategic Leadership and Navigation Sustainability Focus Capability Building and Enhancement Performance Driven Digital Expertise Change Management Advanced Certificate in HRM (ACHRM) The stepping stone in the pathway to becoming a Chartered HR professional, ACHRM is the ideal foundation for students to obtain the basic but essential understanding of HRM concepts and theories and begin shaping their knowledge, skills, techniques and experiences. Learners will be trained in the fundamentals of HRM and related functions, which will help develop the right intellect to move towards the Diploma in Professional HRM. The program is a 3.5 month undertaking. Diploma in Professional HRM (DPHRM) DPHRM is the second step and diploma stage towards achieving the globally-recognised Chartered Qualification in HRM. The course provides students with an elevated knowledge of HRM that goes a step beyond the Advanced Certificate in HRM - enabling them to bolster and nurture their professional exposure. Learners will build their knowledge, skills and understanding of techniques and practical exposure in HRM, with subjects such as Professional Practice and Organisation Design. The program is a 12-month undertaking. Chartered Intermediate in HRM (CIHRM) CIHRM is the intermediate stage towards achieving the Chartered Qualification in HRM. Completion of the program places learners just a leap away from the final goal of attaining the Chartered Qualification in Human Resource Management. The program provides an advanced exploration of subjects covered in the previous two stages with additional topics that enhance and deepen the knowledge of learners and professionals in HRM. The program duration is 12 months. Other Foundation Course in Human Resource Management (FCHRM) A standalone 2 month program, separate from the CQHRM pathway, FCHRM enables learners to gain the initial understanding of Human Resource Management concepts and theorems. FCHRM is an ideal program for school leavers that trains them to understand the fundamental concepts before stepping into a career in HR or pursuing further qualifications in HRM. School leavers with six passes of G.C.E. O/L or those with pending Advanced Level results can register for the program and receive the stepping stone to advancing their knowledge in HRM. The program provides a thorough understanding of key areas of the HR discipline. Specialised HR programmes Executive Certificate in Human Resource Analytics (CIPMECHRA) The program aims to equip learners with knowledge of analytical methods and processes for improving employee performance towards better organisational outcomes. HR analytics enables HR practitioners to identify existing issues within respective organisations and apply actions to rectify anomalies. Further, the knowledge gained through the program can be applied to assess organisational culture and workforce efficiency towards a more productive and profitable organisation. It also enables students and practitioners to gain a well-rounded understanding of performing HR analytics on various aspects, i.e. employee turnover. Executive Certificate in Employment Law (CIPM – ECEL) This three-month program is designed for HR practitioners and professionals, including line managers and top management. The program provides extensive knowledge of core concepts of employment Law while enabling learners to apply them practically in specific situations pertaining to legal aspects of HRM. Hence, the program’s primary objective is to enhance knowledge in related subject matters and to provide a thorough understanding of the application of employment law and statutory laws in relation to employment in private and semi-government organisations. Program duration is 03 months. Executive Certificate in Reward Management (ECRM) Suitable for HR professionals, line managers, executives and HR assistants, ECRM provides a thorough understanding of organisational reward management. It covers compensation structures, benefits and incentives, performance management and motivation. The program will enable professionals to design and implement reward programs aligned with achieving organisational objectives. The Program duration is 03 months. ABOUT THE INSTITUTE
15 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 Diploma in Training and Human Resource Development (DTHRD) The program aims to develop the competencies of HR practitioners responsible for the training and development of respective organisations. The program is also ideal for executives and managers from other management disciplines intending to absorb knowledge on training and development, as it directly impacts organisational performance and employee efficiency. A 12 month program it provides a broad outline on professionally approaching training and development. Executive Certificate in Occupational Safety and Health (CIPM-ECOSH) The program disseminates knowledge on occupational health and safety, which correlates with workplace productivity and exposes learners to health and safety best practices. The program is designed for HR professionals, personnel engaged in manufacturing operations, compliance officers, quality managers and even medical professionals. The program duration is 33 hours. Diploma in Occupational Safety and Health (DOSH) Students can gain a broad outline of occupational health and safety, including a broad range of legal and operational areas related to managing organisational health and safety. It also delivers learning on managing organisational risks, including risks in manufacturing facilities, including those with high-risk equipment and machinery. Diploma in Industrial Relations and Employment Law (DIREL) The course has been developed to provide a broad understanding of industrial relations and its application in organisations. It is intended to also improve relations between employers and employees by educating students of the diploma program on core concepts and subjects pertaining to Industrial relations and employment law. The program disseminates knowledge on employment law in Sri Lanka and focuses on applying labour laws in practical scenarios. CMI Level 07 Professional Consulting CIPM Sri Lanka offers CMI Level 7 Professional Consulting programme, in partnership with Chartered Management Institute (CMI) UK. It is designed for experienced professionals who wish to develop advanced skills and knowledge in the field of consulting. This qualification ideally caters for experienced consultants, Senior managers who have a responsibility for strategic decision-making and guiding their organizations, Business owners and entrepreneurs who are planning to start their own consulting firms, Project managers and Professionals who are looking to transition into a consulting career International Programmes AIHR – Netherlands The Chartered Institute of Personnel Management has partnered with Netherlands based Academy to Innovate HR (AIHR) to provide access to knowledge in HR innovations. Conducted through the Academy’s online platform, AIHR is ideal for Sri Lankan HR professionals and those from the Asian Region. Registered at the Dutch Chamber of Commerce, Netherlands, AIHR offers the widest curriculum in virtually-delivered HR courses. AIHR’s online platform also provides access to a host of Certificate Programs for discerning learners. HR professionals who register for AIHR online programs have the benefit of becoming part of a large community of active HR professionals and receive hands-on experience to develop practical skills. Furthermore, the 100% selfpaced online learning delivery enables participants to learn with complete freedom. AIHR programs can be accessed as Standalone programs or professionals can obtain Full Academy Access, while CIPM members can access CPD points with AIHR programs. Memberships The memberships we provide form a vital part of how we create value for students, members and the HR fraternity. Professionals and learners engaged in our programs have access to a wide range of memberships based on their qualifications and experience, ensuring that all HR practitioners receive suitable validation for career growth. Moreover, all members are required to adhere to a code of conduct in line with CIPM by-laws and Constitution and to maintain the highest standards of conduct. Continuous Professional Development (CPD) is required to develop knowledge and exposure to continued advancements within the discipline. While it enables members to upgrade their knowledge and skills in achieving effective people management, CPD also enables members to strive towards the Chartered Member level by developing the expertise and behaviours required for the membership. CIPM Memberships Learners engaging in CIPM courses can access memberships based on their level of professional accreditation. Any learner who fulfils the relevant criteria can become a member and elevate their career within the HR profession with an industry-recognised professional membership.
16 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 Chartered Fellow (Chartered FCIPM) Chartered Member (Chartered MCIPM) Honorary Members (Hony. MCIPM (SL) Associate - ACIPM (SL) Student members Each membership requires the fulfilment of relevant, unique qualifications and experience based criteria as an HRM professional (details on https://www.cipmlk.org/members/) Benefits for CIPM members include: Professional recognition Continuous Professional Development (CPD) Participation in events and conferences Discounts and rewards Access to CIPM knowledge centre facilities and PhD grants for members Access to the HR Advisory Centre CIPD memberships Learners who complete CQHRM have the opportunity to obtain the CIPD membership through a formal process. The CIPD membership is internationally recognised and elevates the careers of learners and seasoned HRM professionals. The CIPD badge represents dedication to the profession and expertise of the highest form. Membership categories include Student Member, Associate Member, Chartered Member and Chartered Fellow. CIPD is UK’s main professional body that provides professional HR academic accreditations and memberships. CIPM is an approved centre for CIPD. CIPM services Consultancy Our Extended Services of the Consultancy Unit offers a portfolio of Consultation Services aimed at inculcating a culture of intellectual thinking to develop professionals and companies. The unit is overseen by experienced HR Management Consultants and Professionals, providing diverse services to satisfy HRM and management requirements at any organisation. Services include developing and implementing HR strategy, HR audits, HR systems, processes, policies and procedures, talent management, training and development, employment law, psychometric tests, and business process outsourcing, to name a few. Research and publications The CIPM Research Centre nurtures a research culture among members, learners and non-members. The centre addresses inefficiencies and gaps in organisational, industrial, national and regional research and provides the impetus for individuals and groups to enhance the intellectual backdrop of the profession. Gains from research work are infused into improving the institute’s research culture. The centre grants PhD grants of Rs. 1.05 Mn per annum for members who conduct research, publications and conference proceedings. Workshops and seminars Workshops and seminars are an important part of what the institute fulfills for its stakeholders. Each year, the centre conducts such events for the business community and especially for the benefit of our HR professionals and practitioners. Knowledge Centre CIPM’s main knowledge Centre is located at the HR House in Colombo 05; In addition, three mini-libraries are established at Kandy, Kurunegala and Galle regional centres. A repository of high-quality publications and information sources, the CIPM library at the HR House is pursued by students and the HR fraternity alike. The libraries hold a substantive collection of HR and business management resources, management books, sample projects, business directories, growing e-book collections and academic and business information. ABOUT THE INSTITUTE
17 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 OPERATIONAL HIGHLIGHTS Signing MOUs with Educational and Professional Institutions MOU with CA Sri Lanka MOU with AIHR Netherland MOU with the University of Rajarata MOU with Swiss Hospitality Management Academy (SHMA) MOU with the University of Kelaniya MOU with the University of Jaffna MOU with the University of Wayamba MOU with the Department of Agrarian Value Creations Scholarships offered to differently abled Students Joint Seminar – CIPM and OPA Inviting CQHRM students to CIPM council meetings for boardroom exposure Religious Programs Pirith Chanting Ceremony and Multi-Religious Blessing Programme Buildup Internal Capabilities The employee of the Quarters Programme. Succession Plan for the second level of CIPM Staff. Staff Annual Residential Training Sessions and other 10+training programmes Brand Ambassador for CIPM Appointing Dasun Shanaka ODI and T20 Captain, Sri Lanka Cricket Inclusion of CQHRM qualification into the SOR Government Organizations New programmes introduced CIPM and SHMA Integrated Programme in Human Resource and Hospitality Management Certificate programme Academy of Innovative HR (AIHR) Netherland Graduation Ceremonies 2022 Graduation Ceremony at the BMICH, with 845 graduates - Month of December Diploma Awarding Ceremony with 433 diplomates – Month of September Diploma Awarding Ceremony with 927 diplomates – Month of January 07th CIPM International Research Symposium Obtained 100 research papers E- reporting of CIPM research publication and National HR Data hub were ceremonially opened Published monograph on paddy Farming Published symposium proceedings,Case study books and Journal of HRM perspectives
18 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 ISO Certifications ISO 9001:2015 - Quality Management System Certification ISO 14001 :2015Environmental Management System Certification Collaborations with Private and Government Institutions National-level research projects Discussions with Ministry of Labour and Foreign Employment and Ministry of Foreign Affairs FB Followers 76,000+ Branches and Business Development Introducing the Sales Agent Programme LinkedIn Followers 27,000+ New Member Enrollments 171 No. of Assessments conducted 1,900+ National HR Conference 2023 950+ Participation IT Digitalization initiations Seminars and workshops held 110+ workshops & Seminars CEO Forum 2023 100+ CEOs’ from various industries OPERATIONAL HIGHLIGHTS Value adding initiatives CIPM Urban Agriculture Introducing the Internship Programme for CIPM Students New student Registrations 6,200+
19 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 FINANCIAL HIGHLIGHTS 19 Annual Report 2022/2023 CIPM SRI LANKA Metric 2022/2023 2021/2022 Growth Financial Capital Revenue - Rs. Mn Rs. Mn 490.4 535.8 (8.5%) Gross Surplus Rs. Mn 357.9 371.3 (3.6%) Surplus After Tax Rs. Mn 70.1 107.7 (34.9%) Investment Income Rs. Mn 51.3 12.5 310.4% Total Assets Rs. Mn 1,108.4 1,078.2 2.8% Total Funds Rs. Mn 857.2 787.0 8.9% Investments Rs. Mn 340.3 292.8 16.2% Accumulated Funds Rs. Mn 856.4 786.2 8.9% Gross Surplus Ratio % 73% 69% 5.3% Net Surplus Ratio % 14% 20% (28.9%) Liquidity Ratio Times 1.28 1.06 20.0% Return on Assets % 6% 10% (36.7%) Manufactured Capital Property, Plant & Equipment Rs. Mn 469.1 473.1 (0.8%) Capital Expenditure Rs. Mn 27.4 67.9 (59.7%) Social & Relationship Capital Active Students No. 6,287 7,366 (14.6%) Active Members No. 1,433 1,346 6.5% Human Capital Employees No. 73 69 5.8% Net surplus after Tax per Employee Rs. Mn 1.0 1.6 (38.5%) Natural Capital Cost of Electricity Consumption Rs. Mn 9.0 6.3 42.9% Cost of Water Consumption Rs. Mn 0.8 0.5 54.0%
20 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 7Integrated Annual Report 2022 CA SRI LANKA Total Assets Vs Total Borrowings 0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 31,233 2018/2019 Group Total Assets Group Total Borrowings 7,818 33,351 2019/2020 7,048 35,585 2020/2021 9,144 LKR Mn. Before Interest and Tax (EBIT) Revenue vs Earnings 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 13,956 2018/2019 LKR Mn. Group Revenue Group Earnings Before Interest and Tax (EBIT) 2,175 11,236 2019/2020 1,352 14,628 2020/2021 4,260 Borrowings Vs Shareholder Funds 0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 31,233 2018/2019 Group Total Borrowing Group Shareholder Funds 7,818 33,351 2019/2020 7,048 35,585 2020/2021 9,144 LKR Mn. Share Capital Vs Shareholder Funds 0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 31,233 2018/2019 Group Share Capital Group Shareholder Funds 7,818 33,351 2019/2020 7,048 35,585 2020/2021 9,144 LKR Mn. 20 Annual Report 2022/2023 CIPM SRI LANKA FINANCIAL HIGHLIGHTS
21 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 7Integrated Annual Report 2022 CA SRI LANKA Total Assets Vs Total Borrowings 0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 31,233 2018/2019 Group Total Assets Group Total Borrowings 7,818 33,351 2019/2020 7,048 35,585 2020/2021 9,144 LKR Mn. Before Interest and Tax (EBIT) Revenue vs Earnings 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 13,956 2018/2019 LKR Mn. Group Revenue Group Earnings Before Interest and Tax (EBIT) 2,175 11,236 2019/2020 1,352 14,628 2020/2021 4,260 Borrowings Vs Shareholder Funds 0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 31,233 2018/2019 Group Total Borrowing Group Shareholder Funds 7,818 33,351 2019/2020 7,048 35,585 2020/2021 9,144 LKR Mn. Share Capital Vs Shareholder Funds 0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 31,233 2018/2019 Group Share Capital Group Shareholder Funds 7,818 33,351 2019/2020 7,048 35,585 2020/2021 9,144 LKR Mn. EVENTS THAT SHAPED THE YEAR National Business Excellence Awards 2023 CIPM Sri Lanka and Vavuniya University Landmark MOU 6th International Research Symposium CIPM Partners with Dasun Shanaka to promote resilient leadership
22 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 National Business Excellence Awards 2023 MOU signed with University of Jaffna MOU signed with Rajarata University MOU signed with Wayamba university to advance HR knowledge and practice EVENTS THAT SHAPED THE YEAR
23 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 MOU signed with CA Sri Lanka MOU signed with University of Kelaniya MOU signed with AIHR MOU signed with SHMA
24 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 AWARDS & EXCELLENCE
25 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023
26 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 President’s Message............................................................................................... … Hony. Secretary’s Message .................................................................................... … Hony. Treasurer’s Report......................................................................................... … Chief Executive Officer’s Review ............................................................................ … Governing Council .................................................................................................. … Executive Council Profiles....................................................................................... … Management Team................................................................................................. … Past Presidents....................................................................................................... … LEADERSHIP
27 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 I THINK ONE OF THE MOST OBVIOUS ANIMAL ADAPTATION OF THE PENGUIN IS THE ABILITY TO SWIM. MOST BIRDS DO NOT SWIM SO PENGUINS ARE VERY UNIQUE IN THAT REGARD. PENGUINS SPEND THE MAJORITY OF THEIR TIME IN THE WATER HUNTING FOR FOOD SO THEY NEED TO BE EXCELLENT SWIMMERS, THAT’S WHERE THEIR FLIPPERS COME INTO PLAY. INSTEAD WINGS LIKE NORMAL BIRDS HAVE, PENGUINS HAVE FLIPPERS OR WINGS WHICH HELP THEM GLIDE THROUGH THE WATER.
28 DRAFT 02 21.07.2023 Enhancing the competencies of our employees is an essential undertaking at CIPM. Nurturing their knowledge and existing skills and equipping them with new capabilities is vital for personal and professional success. “ PRESIDENT’S MESSAGE Dear Members With a deep sense of honour and gratitude, I address you as the President of the Chartered Institute of Personnel Management (CIPM). I am also pleased to present the Annual Report and the Audited Financial Statements of the Institute for the financial year, which ended on 31st March 2023. I feel privileged to have been the President for the year under review, and I am humbled by the Governing Council’s trust and judgement in appointing me to this position. Honouring their confidence, I am pleased to state that many strategic activities lit up the CIPM calendar in the year under review, which included numerous flagship events and programs, designed to bolster our commitment to the HR profession and to create stakeholder value. As the world went through a process of coexisting with COVID-19, Sri Lanka was engaged in a crisis of unprecedented proportions. Sri Lanka had to grapple with its greatest economic crisis in decades while the political strife and the socio-economic downturn further added woes to the lagging effects of the pandemic. Much like the pandemic, the country’s economic and social instabilities had a profound effect on Sri Lanka’s business sectors and the public life of the citizens, who were concerned with the affairs of the community and the nation. However, CIPM maintained operational continuity while reporting satisfactory financial performance amidst profound impacts from inflation, disruptions to financial and social normalcy and general discontent over the national occurences of the past fiscal year. Before presenting some of this year’s most salient strategic approaches and CIPM events, I would like to bring to your attention the financial performance of the Institute for the year under review.
29 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 The Financial Year It has been a successful operational year with diverse programs planned and executed, progressively. In many ways, the macroeconomic turmoil that unfolded since the beginning of 2022 was continuously challenging, but we did not allow this situation to impact our plans and activities. However, the economic crisis, policy decisions of the Government and overall instability had some impact on the financial capital of the Institute. The Institute recorded a total of Rs. 490 Mn in earnings, compared to Rs. 536 Mn reported in the previous year. The top line contracted by 8.5% as course-based earnings dropped during the year under review. Being a responsible institute, we pay all our taxes as per the laws, and the committed income tax for the year 2022/2023 amounted to Rs.22 Mn. In terms of expenditure, the Institute incurred additional spending on committee activities. The purpose of which was to increase member engagement with the institute and provide value-driven activities for the HR fraternity. We took the year under review to optimise our opportunities, which were missed during previous years due to the COVID-19 pandemic. After accommodating all these, we are proud that we could report a net surplus of Rs.70 Mn for the financial year under review. In addition, other accumulated funds increased to Rs. 857 Mn from Rs. 787 Mn in the fiscal year under review. Total assets grew by 3%, amounting to Rs. 1.1 Bn for the financial year under review, while liabilities declined to Rs. 251 Mn from Rs. 291 Mn reported in the previous year. Operational Activities I initiate my commentary on the past year’s operational activities by directing your focus on the Institute’s change in leadership and the Annual General Meeting held in August 2022. The AGM concluded successfully subsequent to the election of the office bearers and council members uncontested at the AGM. The new executive Council consists of the president, 08 office bearers and 06 Council members as well as 04 co-opted members. Subsequent to the AGM, 17 Standing Committies and 02 Technical Committees were appointed for 2022/2023 with each standing committee being headed by a chairman and deputy chairman. Furthermore, staff representatives were assigned to each committee for the successful coordination and implementation of committee goals and projects. Employee Value Propositions Enhancing the competencies of our employees is an essential undertaking at CIPM. Nurturing their knowledge and existing skills and equipping them with new capabilities is vital for personal and professional success. With this objective in mind, we made employee training a priority in 2022/23. Throughout the year, numerous workshops and training sessions were organised on timely and professional topics. In August, a workshop to inculcate Positive Thinking and Nurture Affirmative Characteristics was organised for the CIPM Management Team, conducted by Mr C. Hewapattini. In addition to these objectives, the workshop also focused on training managers to guide employees positively so as to achieve best possible capabilities from the workforce. The program was organised in two sessions, beginning with the CIPM management team as the first audience, followed by a second workshop for Assistant Managers and Executives. In June 2022 a training session titled, ‘Customer service - The Readiness of the Service Provider’, was conducted by Mr Darshana Welikala - a professional trainer, counsellor and CEO. This event was followed by a training session on managing “Work-life Balance during a Crisis”, which was conducted by Mr. Mahendra Jayasekara, CEO - of Lanka Tiles PLC. A session on the topic “Mind Power” was also organised in October to energize and motivate staff towards positive performance. To promote staff welfare and work-life balance, the staff residential program was held in October 2022.The underlying objective of the event was to strengthen team collaboration while providing an unforgettable recreational time. Furthermore, we established our first-ever medical facility within the HR House with weekly consultation by a visiting doctor for half a day. The staff will receive an immense benefit through this initiative. Our stance on employee recognition has grown over the years: and in 2022/23, we launched the ‘Employee of the Quarter’ recognition scheme to honour our most hardworking and dedicated staff members; within the Council Year, we rewarded 03 employees in recognition of their excellent performance. Furthermore, we initiated an Urban Agriculture competition for staff members. With sustainable development as its core focus, the event enabled employees to maintain and sustain a greenhouse under the technical advice of an Agricultural professional. Staff teams received three months to nurture plants based on several categories indoor gardening, outdoor gardening, and health-focused cultivation. Upon completion of the first stage, we then initiated the second round for innovative cultivation.
30 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 Enriching Members’ Professional Development The event calendar for the 2022/23 council year was replete with programs for members. Ensuring their ongoing professional growth, we conducted CPD sessions in addition to interactive sessions for the benefit of members. Several CPD sessions took place across the council year, engaging members in continued development and learning. Programs covered topics, such as appreciative inquiry, general knowledge-sharing, career development, HRM in a ‘brittle’, ‘anxious’, ‘nonlinear’ and ‘incomprehensible’ context and work motivation. Collectively, these sessions helped elevate their knowledge and the applicability of various concepts into practical work scenarios. Each session also carried 3 CPD points, which added value to members’ participation and professional development. Furthermore, in October 2022, through the platform ‘Coffee with President’, I had the privilege of meeting 12 CIPM members - creating the ideal context for these members to interact and exchange perspectives with me as the newly appointed President of CIPM. Fraternity Interactions The HR fraternity of Sri Lanka has become the frontier that drives employee performance. More than ever, the value of highly competent HR professionals will enable businesses and organisations to thrive by proactively managing people’s expectations in an increasingly fragmented world. Theoretical knowledge aside, as the country’s leading professional body in HRM, we enrich the knowledge of professionals to use HRM concepts to solve challenges in workplaces and find solutions. By doing so, we contribute towards a successful balance between people’s expectations and business interests. Focusing on this ethos, I had the opportunity of leading several programs to help develop the fraternity and professionals, as the incumbent President of CIPM. Many HR and Business professionals participated as resource persons at our events, exchanging thoughtprovoking insights with the HR community. The National HR Conference which was a highlight of the year, added depth to fraternity knowledge and skills and enabled networking between participants and thought-leaders. Themed as ‘Navigating Dire Straits’, the 2023 National HR Conference gathered over 950 participants and was a tremendous success. The conference which followed a three-year pause included six technical sessions, including three panel discussions. Moreover, the Great HR Debate for HR Professionals, the National HR Exhibition, and the CIPM Lifetime Gold Award were key conference segments. It set the time and place for the fraternity to discuss and address challenges in HRM in today’s business context. Timely topics such as the role of HRM in navigating dire straits, how the economic downturn has impacted HRM practices, mass migration of skilled labour and its impact on socio-economic progress, and lessons learnt from the pandemic. Our focus also rested on a highly time-sensitive topic of green initiatives and sustainable people management, as well as the importance of Employee Assistance Programs (EAPs) during challenging times. I had the delight of hosting the conference, as it brought the local HR fraternity under one platform, enabling us to pursue and explore solutions to pressing people management concerns. Expert panellists and speakers conducted knowledge-sharing technical sessions and discussions, adding incomparable value to the occasion. Another strategically vital annual event is the CIPM International Research Symposium. The event maintained its tradition as an annual platform for advancing the local HR profession through empirical findings and enabled students, members, and those from the fraternity to enhance their research, analysis and reporting capabilities. CIPM also held its CEO’s forum, themed “People-first culture inspired by CEOs”, in 2023. The event attracted over 100 CEOs from various commercial backdrops and sectors. I am immensely thankful to Mr Bingumal Thewarathanthri, CEO of Standard Chartered Bank in Sri Lanka, for his excellent keynote address and to Dr Nalin Jayasuriya, Chairman of McQuire Rens Global Consulting Pvt Ltd, for moderating the discussion. We gathered a panel of esteemed business leaders who shared thought-provoking commentaries and provided invaluable insights. The panel included Dr Samitha Perera, CEO – of CBL Foods International Pvt Ltd, Ms Shiromal Cooray - Chairman and MD of Jetwing Travels (Pvt) Ltd and Mr Chevaan Daniel - the Executive Group Director of Capital Maharaja Group. PRESIDENT’S MESSAGE The standard chunk of Lorem Ipsum used for those interested. Sections 1.10.32 and 1.10.33 from “de Finibus Bonorum et Malorum. “ LOREM IPSUM IS SIMPLY DUMMY TEXT OF THE PRINTING AND TYPESETTING INDUSTRY. LOREM IPSUM HAS BEEN INDUSTRY’S STANDARD DUMMY TEXT.
31 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 In September 2022, ‘HR as a resilient force to rebuild Sri Lankan economy’ - a joint seminar was organised by OPA and CIPM. The main speaker at the event was Mr Priyantha Ranasinghe - Vice President of CIPM SL and Director HR at Coca-Cola Beverages Sri Lanka. I was provided the opportunity to moderate the panel discussion, which was followed by a keynote address by the Past President of CIPM, Mr Dhammika Fernando, the Director of Tropical Findings (Pvt) Ltd and Mr Priyantha Ranasinghe. Championing Student Experiences CIPM’s students are at the heart and soul of our objectives as a nationally-incorporated institute. We believe that the standards we develop and the programs we deliver should resemble globally-competent course content and learning outcomes while providing access to world-class institutions and HR programs. As a result, we continue to form affiliations and partnerships with various local and global institutions with exceptional programs and learning opportunities. Marking a historic milestone, we entered into an agreement with AIHR (Academy to Innovate HR) from the Netherlands to enhance the competencies of students and HR professionals in Sri Lanka. The value that AIHR delivers to local learners is immense as the Institute has one of the widest HR-related online courses. This unique proposition allows CIPM to provide online-based, self-paced programs to our students, CIPM members and the fraternity – allowing them to reach career goals and enhance their HR specialisations or simply expand their knowledge and skills. AIHR programs combine practice and knowledge of the latest HR trends and insights in applying them to real workplace situations. Furthermore, I commend the marketing team for maintaining positive momentum in promoting CIPM programs amongst prospective students. The team organised three consecutive sessions in line with our Open Day for prospective A/L students. Programs received the rapport of other CIPM staff and took place on three separate days across October 2022 at all CIPM centres. Moreover, in grooming CIPM students for C-Suite positions, the Executive Council provided CQHRM students with the opportunity to interact with Council members and receive first-hand knowledge of conducting board meetings. Championing student achievements, in September 2022, we conducted our inaugural Certificate Awarding Ceremony of the Diploma in Professional Human Resource Management (DPHRM) under the participation of Mr Kanishka Weeramunda as Chief Guest, office bearers, Council members and guests. We awarded approximately 400 certificates to Diploma Holders. I take this opportunity to congratulate our graduates, who received well-gained honours for completion of several programs, including our most-lauded HR qualification – the Chartered Qualification in Human Resource Management. Moreover, we presented accolades to students who completed the Professional Qualification in HRM, Diploma in Training and Human Resource Development, Diploma in Industrial Relations and Employment Law, Diploma in Occupational Safety and Health. In addition, graduates of the BSc and MSc programs in HRM from the University of Salford Manchester, UK, also received proper honours. We commended over 800 graduates at the CIPM Graduation ceremony in December, 2022. Professional services CIPM, together with SLSI, developed national standards on Human Resource Management through a team comprising nationally and internationally acclaimed HRM and business professionals and academics. We considered this as a vital part of our role as the only professional body in the country mandated by the supreme legislature as the authority in HRM in Sri Lanka. The time is opportune for us to embark on this long overdue initiative of formulating the National Standards in HRM to standardise the world of work in line with international best practices. CIPM is strongly committed to the country’s HR fraternity and business community, as we continue to craft tailored HRM solutions and services to match client requirements. We honour their confidence in our capabilities and as a result, we strive to continuously deliver comprehensive programs that address workplace HRM requirements to drive employee performance, bridge existing gaps, and contribute to business performance. During the year under review, we created over 50 programs for esteemed clientele from various sectors. Such organisations represented the private and state sectors and included eminent business organisations in the nation. Partner Relations It was an honour to represent CIPM at the annual conference of the Chartered Institute of Personnel Development (CIPDUK) alongside my colleague Mr Priyankara Seneviratne – Honorary Secretary of CIPM. As one of our primary international principals, we maintain continued involvement in CIPD programs while receiving their insights on global HRM standards and knowledge on developing HRM. During the year, we formed several partnerships with local and international institutions. The common objective of these MOUs was to collaborate on exchanging information, to impart our expertise in HRM through various programs, and to help develop students’ knowledge and capabilities. Ergo, in September 2022, we signed a Memorandum of Understanding with the Department of Agrarian Development for collaborative research on ‘Attraction and Retention of Youth in Domestic Agriculture’.
32 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 We also signed MOUs with several state universities, Including Jaffna, Wayamba, Rajarata and Kelaniya Universities. These MOUs focus on collectively developing the Human Resource Profession, HR professionals and students while benefitting the overall managerial and business fraternities of Sri Lanka. Partnering with state institutions that shape the nation’s future workforces has enabled us to extensively promote the importance of HRM and develop the profession to help foster industrial and economic growth in Sri Lanka. Moreover, we partnered with private institutions by entering into memorandums of understanding. Such institutions included the Swiss Hospitality Management Academy (SHMA), initiating the beginning of several ventures, including a concurrently conducted Diploma in Hospitality Management and a tailored HRM program for the hospitality sector. CIPM entered into an agreement with CA Sri Lanka through a MOU with the objective of developing HR and finance fraternities by advancing literacy through specially designed programs. As a result, CIPM will conduct a specialised HR training program for CA Sri Lanka members with the motive of benefitting their careers. Similarly, CA Sri Lanka will develop a tailored program for selected CIPM members to upgrade their financial management capabilities to C-suite level. These efforts will be complemented by concessionary rates to members in encouraging participation. Promoting empirically-driven national research, it was an honour to have presented two publications to the Minister of Labour, Hon. Manusha Nanayakkara on behalf of the Institute. Along with Chairperson of CIPM Research Committee, Prof. Prasadini Gamage, we handed over two national-level research compilations, conducted by the Institute on, “Female Migrant Domestic Workers: Challenges and Prospects in Sri Lankan Perspective” and on “Attracting Sri Lankan Youth to Technical and Vocational Education: The Way Forward”. Both these research publications demonstrate CIPM’s strong capabilities in research and evidence-based thinking for effective people management solutions. The meeting also served the objective of pursuing a national survey on Labour Demand. Another successful discussion was conducted with Hon. Manusha Nanayakkara, on developing HR for sustainable economic growth of Sri Lanka. With the vision of expanding CIPM programs outside of Sri Lanka, we held a discussion with Hon. Mr Ali Sabry – Minister of Foreign Affairs. The direction of the discussion was based on introducing our CQHRM program to South Asian nations such as Maldives, Pakistan and Afghanistan and prospective Asian counterparts. The discussion held promise and we will continue to explore regional prospects to expedite this intent. Accolades I am pleased to state that the Institute gained several commendations and recognitions in the year under review. We emerged as the winner in the educational services sector for excellence in business achievements at the National Business Excellence Awards 2022; the award is a reflection of our commitment to habitually improving teaching methods and programs, in line with global standards. We became the 1st Joint Runner-up in the Medium Enterprises Sector for Business Excellence and also received the Merit Award in Capacity Building. Moreover, in the year under review, CIPM won the Merit award for the “Women Friendly Workplace Award 2022” from SATYN CIMA this is a commendable portrayal of how CIPM endorses a supportive workplace, especially to benefit our female employees. At the 2022 TAGS Awards organised by CA Sri Lanka, CIPM Sri Lanka won the Bronze Award in Small and Medium Sized Entities Category for our 2021/22 Annual Report. I am also honoured to mention that I had the privilege of being adjudged the Most Outstanding HR Business Leader of the Year in 2022 by The CEO Sri Lanka Awards. PRESIDENT’S MESSAGE The standard chunk of Lorem Ipsum used for those interested. Sections 1.10.32 and 1.10.33 from “de Finibus Bonorum et Malorum. “ LOREM IPSUM IS SIMPLY DUMMY TEXT OF THE PRINTING AND TYPESETTING INDUSTRY. LOREM IPSUM HAS BEEN INDUSTRY’S STANDARD DUMMY TEXT.
33 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 Way Forward CIPM will continue to take concerted efforts to develop the HR profession and to continuously enhance our value propositions for learners, members and the HR fraternity. I remain extremely optimistic that we will have the necessary backdrop to promote CIPM and its well-received programs to a wider base of prospective students and professionals in the ensuing year. I am also optimistic about our ability to ensure financial sustainability within a complex macroeconomic scenario. Further, I have complete faith that our Executive Council, committee leaders and committee members and staff will share their experiences and knowledge in furthering our mission of producing globallycompetent HR professionals and enhancing HRM as the invaluable discipline it has become today. I am confident that the partnerships we formed and also nurtured during the past year, will greatly enhance the academic and professional scopes of our students, members and the fraternity; and I also believe that we have the right resources and intellectual capabilities to create value for our partner institutions. Acknowledgements Even in the face of the challenging circumstances we have encountered over the past financial year, I have confidence that we will continue to achieve numerous remarkable successes together. The unwavering trust and support of our esteemed members empower us to carry out our responsibilities and constantly strive for excellence. I extend my deepest gratitude and utmost respect to our esteemed Council, who played a significant role during the aforementioned financial year. I am profoundly thankful to our CEO, Director of Professional and Academic Affairs, Senior Management team, and dedicated staff for their exceptional contributions that have greatly contributed to our accomplishments. Additionally, I would like to express heartfelt appreciation to all the members of the standing committees, esteemed members of the institute, international entities, invaluable business partners both domestic and international, and dependable service providers who have served as the strong pillars of our success, propelling us towards unprecedented achievements. Mr. Ken Vijayakumar President
34 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 MESSAGE FROM HONY. SECRETARY It is with great pleasure and a sense of pride that I present the Honorary Secretary’s message to the annual report of the Chartered Institute of Personnel Management Sri Lanka for the year 2022/2023. As Honorary Secretary, Chairman of the Standing Committee on Build Up Internal Capabilities, and the Right Culture to Fulfil CIPM Objectives (People Development) and the Chairman of the Standing Committee on National HR Conference, I am privileged to share with you the significant achievements and progress we have made as an institute dedicated to the advancement of the human resource profession in our country. One of our major accomplishments this year has been the expansion of our membership base. During the period of August 2022 to June 2023, a total of 20 membership interviews were conducted, resulting in the following number of new memberships offered: 4 Chartered Fellows, 13 Chartered Members, 99 Associates, and 55 Affiliates. Through this effort we have welcomed a diverse range of HR professionals, including seasoned experts and young talents, creating a vibrant community that fosters knowledgesharing, collaboration, and growth. The Chartered Institute of Personnel Management Sri Lanka has also taken significant strides in professional development initiatives. We were able to conclude the most successful National HR Conference (NHRC 2023) under the theme of “Navigating Dire Straits” with over 1000+ participants, equipping HR professionals of the country with the necessary skills and knowledge to thrive in an everevolving business environment. Our commitment to lifelong learning remains unwavering, and we continuously strive to provide our members with opportunities to enhance their competencies and stay ahead of emerging trends. As stated in our report submitted to the Standing Committee on Building Internal Capabilities and Cultivating the Right Culture to fulfill CIPM Objectives, we have implemented several impactful initiatives. To enhance the leadership skills of our senior staff members, CIPM has introduced a range of beneficial programs. Throughout the year, we conducted a comprehensive series of training programs, covering 100% of our staff, with a primary focus on their professional development. Furthermore, we expressed our appreciation for our employees by generously rewarding them, taking into account not only their performance but also the prevailing cost of living. Year-end raises and bonuses were provided to ensure that their enthusiasm and commitment are maintained at high levels. As we embark on another year filled with fresh challenges and opportunities, I encourage each and every one of you to actively participate, contribute, and leverage the invaluable resources and networking opportunities provided by the Chartered Institute of Personnel Management Sri Lanka “
35 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 At the commencement of the new Council Year, as per the by-laws, the Council invited Prof. Prasadini Gamage, Dr. Neil Bogahalande, Mr. Kasun Nahallage, Ms. Rajee Ravichandran as the co-opted members for the Council year 2022-2023. Furthermore, the President has appointed Standing Committees with the Chairmanship of the following members. No. Standing Committee Chairman/ Chairperson/ Co-Chairman 1 Standing Committee on Empowered Authority and National Role in HR Dr. Nilan Miranda 2 Standing Committee on Setting Up People Management Standards/ Certification/ Accreditation Mr. Jayantha Amarasinghe 3 Standing Committee on HR Profession as a Leading Strategic Partner for Organizational Excellence Mr. Priyantha Ranasinghe 4 Standing Committee on Develop Globally Competent HR Professionals & Standing Committee on Business School, Marketing Mr. Ken Vijayakumar 5 Standing Committee on National HR Data Hub With Research and Development Capabilities Prof. Prasadini Gamage 6 Standing Committee on People Management Solution Dr. Neil Bogahalande 7 Standing Committee on Globally Recognized Member Centric Organization Mr. Jayantha Abeyratne 8 Standing Committee on Build Up Internal Capabilities and the Right Culture to Fulfil CIPM Objectives (People Development) Mr. Priyankara Seneviratne 9 Standing Committee on Finance & Administration Col. Saman Jayawickrama (Retd.) 10 Standing Committee on National HR Conference Mr. Priyankara Seneviratne 11 Standing Committee on Audit & Legal Committee Ms. Wasanthi Vithanage 12 Standing Committee on IT & Digitalization Mr. Dhammika Fernando 13 Standing Committee on Sustainability, Diversity & Inclusivity Air Cdre. Manoaj Keppetipola 14 Standing Committee on Editorial Ms. Wasanthi Vithanage 15 Standing Committee on International Affairs Mr. Jayantha Amarasinghe/ Mr. Dhammika Fernando 16 Student Grooming & Engagement Ms. Shiwanthie Wijesuriya 17 Technical Committee on Professional & Academic Affairs Dr. Heather Fernando 18 Technical Committee on Formulation of National Human Resource Standards Mr. Dhammika Fernando Throughout the concluded year, up until June 2023, the Executive Council held a total of seven (7) special meetings in addition to twelve (12) regular meetings. Within the “Corporate Governance Report” section, we can find the attendance report of the Council members. Appreciation I would like to express my deepest gratitude to our dedicated Council Members, including Mr. Ken Vijayakumar, President, Mr. Chris Obeyesekere, CEO, Mr. G. Weeratunga, Director of Professional & Academic Affairs; and the heads of divisions, along with their hardworking teams. Despite the economic and social challenges faced by our country, their passion, commitment, and tireless efforts have been instrumental in driving the success of this year and ensuring the continuous growth and relevance of our institute. A special appreciation goes to the secretariat team led by Ms. Nishanthini Palanisami, Mr. Vishan Weebedda, under the guidance of Ms. Himali Dasanayake, Director Operations, for their outstanding and dedicated service to our membership. I would also like to extend a heartfelt thanks to the members of all Standing Committees for their valuable time and expertise in supporting the CIPM and its forward-thinking initiatives. Additionally, I extend my gratitude to the CIPM members for their active support and participation during this period. As we embark on another year filled with fresh challenges and opportunities, I encourage each and every one of you to actively participate, contribute, and leverage the invaluable resources and networking opportunities provided by the Chartered Institute of Personnel Management Sri Lanka. Together, let us continue to elevate the HR profession, drive organizational excellence, and shape the future of work in Sri Lanka. Thank you for your unwavering support, and I eagerly anticipate your continued engagement as we move forward together towards the advancement and prosperity of the HR profession. Priyankara Seneviratne Hony. Secretary CIPM SL
36 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 HONY. TREASURER’S REPORT As the Treasurer of the CIPM, I am delighted to present the performance and financial report of our institute for the financial year 2022/2023, which has been audited by BDO Partners - Chartered Accountants. It gives me great pleasure to share the results we have attained through our dedicated efforts and unwavering commitment. Over the past year, we have encountered several significant challenges that have had a substantial impact on our operations. However, I am proud to say that despite these obstacles, we have managed to navigate through the difficulties and maintain our commitment to excellence. A significant challenge that our country faced during this year was the fuel and power crises. These crises had a profound effect on our Institute. The scarcity and increased costs of fuel and power supply presented obstacles in executing our programs and operations efficiently. However, through the implementation of various technological and strategic measures, we managed to deliver uninterrupted services to our students and achieved a revenue of Rs. 490 Mn through delivering study courses. The government’s implementation of multiple and ongoing tax reforms has led to an unprecedented rise in the cost of living, significantly impacting the disposable income of potential students and their parents. Consequently, new student enrolments have declined as parents struggle to afford the course fees. Despite these escalating costs and tax increases, the Institute remains committed to supporting students in their educational pursuits. As a result, we have maintained the same course fees without any revisions while offering extended instalment options throughout the financial year. Furthermore, the VAT rate increased from 8% to 15% during the financial year, adding an additional burden to the financial responsibilities of our Institute. This sudden change required us to reassess our budgeting and financial planning to accommodate the increased cost of operations. We strategically reallocated resources and implemented cost-saving measures to maintain our financial stability and uphold our commitments to our members. Over the past year, we have encountered several significant challenges that have had a substantial impact on our operations. However, I am proud to say that despite these obstacles, we have managed to navigate through the difficulties and maintain our commitment to excellence. “
37 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 Further compounding these challenges, a new Social Security Contribution Levy (SSCL) was introduced, amounting to 2.5% of revenue. This levy added an additional financial obligation of Rs. 6.8 Mn for this financial year, affecting our ability to allocate funds for important initiatives and programs. Throughout the year, the institute incurred legal and professional charges amounting to over Rs. 12 Mn due to various legal matters that arose. Although these expenses did not directly contribute value to the institute, they were necessary to ensure the institute’s legal compliance. To safeguard the institute’s interests, we engaged the services of expert legal professionals to address the legal aspects brought forth by different parties. Despite these challenges, we achieved a revenue of Rs. 490 Mn, resulting in a surplus of Rs. 91 Mn before taxes. The institute benefited from higher interest rates on deposits and investments, as well as stringent austerity measures and effective cost management in standing committee projects. These factors were instrumental in attaining a net surplus of Rs. 91 Mn before taxes and Rs. 70 Mn after taxes. We have persevered and achieved notable accomplishments throughout the year which are summarized below. Revenue During the financial year 2022/2023, the Business School made a significant contribution of Rs. 490 Mn, while the PMS division added Rs. 31 Mn and the investment income and other sources added Rs. 61 Mn to the overall revenue of CIPM. The institute reported a total revenue of Rs. 582 Mn for the period. Surplus of income CIPM has recorded a net surplus before taxation of Rs. 92 Mn and a net surplus after taxation of Rs. 70 Mn after charging income tax of Rs. 22 Mn for the FY 2022/2023. This could be considered as well executed results keeping in mind all the uncontrollable external factors discussed above. Total expenses We have effectively managed expenditures with proper execution and rigorous oversight of all cost components. It is praiseworthy that the Finance and Administration Committee played a significant role in managing costs while all standing committee chairs have provided outstanding assistance. In the year 2022/2023, CIPM reported total operating expenses of Rs. 292 Mn, encompassing various cost components such as administrative expenses, promotional costs, finance expenses, and other miscellaneous expenditures. Total assets Our Asset value as of 31st March 2023 is Rs. 1.1 Bn, which includes both fixed and Current assets. Our organisation’s adaptability, resilience and commitment to our mission have been instrumental in overcoming these obstacles. We have continued to provide value to our members and the HR profession through various training programs, seminars, and networking opportunities. As we move forward, we remain focused on adopting and navigating the ever-changing landscape and addressing emerging challenges. We will continue to explore innovative strategies to optimize our operations and ensure the longterm sustainability of our Institute. Appreciation I express my gratitude to the Executive Council, our dedicated members, stakeholders, and the entire CIPM Sri Lanka team, including CEO, two directors, management team and staff for their unwavering support and commitment during these challenging times to emerge stronger. Together, we will continue to strive for excellence and uphold the HR profession. Col. Saman Jayawickrama Hony.Treasurer - CIPM SL
38 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 CHIEF EXECUTIVE OFFICER’S REVIEW The socio-economic crisis in Sri Lanka presented our organisation with tremendous challenges in maintaining competitiveness. However, we as the Chartered Institute of Personnel Management bravely faced the turbulence considering the need to be adaptable to changes. The President and the Executive Council with the senior management and our staff members worked in unison and with the spirit of resilience and a sense of openness to new ideas while applying the principle of “Adaptability” as the need of the hour. Thus, CIPM was able to brave the storm by adapting to the new conditions namely the political strife and socio-economic downturn which precipitated a serious crisis which impeded development activities across organisations. As a team, we were willing to change our approach to reach goals. Hence, we wisely embarked on stringent measures for cost containment and maximisation of revenue and profits. In achieving financial stability and satisfactory performance, the CIPM organisational “Scorecard” cascaded KPIs from the CEO to all employees to create a culture of performance accountability culture. Across the year, we stressed the need to reach individual and organisational goals, with an emphasis on financial stability and a stakeholder first culture. CIPM with its expertise and investments, enhanced the quality of technology and infrastructure alongside learning and growth strategies for staff development. Transparency and accountability were ensured through openness in financial and business affairs. This was achieved by the critical oversight of committees relating to areas such as finance, business, membership affairs, and professional academic affairs amongst others. These committees comprise members of the Council, appointed at the Annual General Meeting of 2022, as well as senior staff “Adaptability” was the name of members. the game, which enabled us to reach reasonable performance levels, which required us to adapt to the economic crisis and find strategies to reach our goals. A top-down approach where strategic goals cascaded from the CEO to the workforce helped optimise performance and achieve maximum results. “
39 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 Adaptability in Times of Crisis Delivering high-end performance results amidst tough times is a challenging task but was not an impossible one for the Institute. Such tough times require concerted efforts to deliver services and additional stakeholder value with speed, passion and a progressive approach. At The Chartered Institute of Personnel Management (CIPM), the sincerity of purpose and the strong inner drive of the workforce were witnessed under the scrutiny of the President, Executive Council and the top management. “Adaptability” was the name of the game, which enabled us to reach reasonable performance levels, which required us to adapt to the economic crisis and find strategies to reach our goals. A top-down approach where strategic goals cascaded from the CEO to the workforce helped optimise performance and achieve maximum results. The “Balanced Scorecard” contained KPIs under financial, customer, internal business processes systems and learning and growth. Cost containment became an essential factor pursued by a special committee in place. Student intake was challenging due to economic constraints in families across the society. However, CIPM provided flexible payment plans to ease student difficulties and more online teaching was initiated to save costs for the institute while facilitating students’ needs to log in to classes from home. All resource persons received training from our information technology team to help them to enhance their knowledge of online teaching processes. CIPM infrastructure featured high-end technology, which facilitated teaching and conducting of examinations through a foolproof system that featured “Turnitin” to ensure that answer scripts were completed without resorting to plagiarism and copying etc. For the financial year under review, CIPM set itself an annual revenue target of Rs. 616 Mn and was able to achieve 80% of the target with a profit after tax of Rs. 70 Mn. We have a deposit base of Rs. 340 Mn, with investments that supported us during the crisis period. CIPM also has an asset base of Rs 1.1 Bn. Our financials are indicative of the confidence the market has in us and a continuously increasing student base even in difficult times; together, these aspects speak volumes of CIPM’s continued dominance in the nation’s Professional HR education. Moreover, the financial performance of the Institute was presented at monthly council meetings. The endeavours of the council year 2022/2023 also aligned with our three year strategic plan from 2022-2025 with the following strategic roles. 1. Empowered authority and national role in HR 2. Setting up People Management HR Profession as a leading strategic partner for organisational excellence 3. HR Profession as a leading strategic partner for organizational excellence 4. Develop globally competent HR professionals’ National HR Data Hub with research and development capabilities. 5. People Management solutions provider 6. Globally recognised Member-Centric Organisation 7. Build internal capabilities and the right culture to fulfil CIPM Objectives Adaptive Governance has been a paramount priority by establishing the capacity for managers and decision-makers to meet the varying factors of uncertainty in the complex socio-economic and ecological factors in the country. Thus, stability, accountability and responsiveness to the challenging environment became prerequisites for the institute in navigating the challenges of the year. Environmental sustainability was practically applied through an Urban Gardening competition for staff, with winning teams selected in the final round. Moreover, Corporate Social Responsibility was practised by employing a hardworking and differently abled person and by sponsoring the education of a uniquely gifted and differently-abled student with exceptional A/L results. However, social service was practised in moderation during this crisis era. Appreciation I must thank the CIPM President Mr. Ken Vijayakumar for his inspiring leadership together with his Council members who are always dedicated to the task of delivering with passion resilience speed and sincerity of purpose to reach the pinnacle of success in times of crisis by ensuring “Adoptability” to navigate stormy waters at all times. U A C Obeyesekere Chief Executive Officer
40 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 Mr. Ken Vijayakumar President Mr. Priyankara Seneviratne Hony. Secretary Col. Saman Jayawickrama (Retd.) Hony. Treasurer Ms. Wasanthi Vithanage Hony. Editor Mr. Jayantha Amarasinghe Immediate Past President Mr. Priyantha Ranasinghe Vice President THE COUNCIL
41 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 Mr. Malintha Bombuwala Council Member Mr. Namal Jayaweera Council Member Ms. Davina Kern Council Member Air Cdre Manoaj Keppetipola Hony. Asst. Secretary Ms. Shiwanthie Wijesuriya Hony. Asst. Treasurer Mr. Jayantha Abeyratne Council Member THE COUNCIL
42 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 Dr. Nilan Miranda Council Member Dr. Neil Bogahalande Council Member Prof. Prasadini Gamage Council Member Ms. Rajee Ravichandran Council Member Mr. Chandima Premachandra Council Member Mr. Kasun Sharanindu Nahallage Council Member THE COUNCIL
43 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 Mr. Ken Vijayakumar President Mr. Vijayakumar is currently holds the position of General Manager -Human Resources, Administration, Purchasing and Sustainability at A. Baur & Company (Pvt.) Ltd and counts over 30 years of experience in the field of Human Resources Management and General Management. He is known as a “Peoples Leader” for his exemplary attitude in developing and resolving people’s issues in the state and private sectors and this is evident by the awards and accolades that he has received during his long-spanned career as a Human Resources Professional. He was recipient of Brandix Master Award in 2005, Aviva Leadership Excellence Award in 2007 and Aviva Change Manager Award in 2008. He was instrumental in initiating much-needed much needed change management for the planation industry where he introduced the Adventure Based Experiential Learning by mixing workers, Staff and Senior Management as single to group to participate in a residential program with shared camping accommodations. Mr. Vijayakumar started his career as a Management Trainee in 1985 at Janatha Estates Development Board and thereafter, he has held managerial and senior managerial positions in Lankem (Ceylon) Ltd, Watawala plantations, MAS Holdings, Keells Plantations, Lanka Equities, Brandix, WNS/ AVIVA, Delmege Forsyth and Waters Edge Ltd. Further, he has held a regional Head of HR position in Malaysia for Good Hope Asia (Holdings) managing diverse Human Resources from different parts of world. It is evident from the above that he has exposure to several industries such as Plantations, Apparel Manufacturing, Business Process Out-Sourcing /Knowledge Process Out-Sourcing, diversified industries, Palm Oil Refineries and Hospitality Industries. Further, he is also a Senior faculty member of Chartered Institute of Personnel Management since 2008. Mr. Vijayakumar has a Bachelor of Arts qualification from University of Peradeniya and a Post Graduate Diploma in Management from Post Graduate Institute of Management. (PIM). Mr. Vijayakumar holds membership in following Professional bodies. 1. Chartered Institute of Personnel Management of Sri Lanka 2. Malaysian Institute of Human Resources Management He is the current President of CIPM Sri Lanka and has been serving in the CIPM Executive Council for continuously last 6 years. Mr. Vijayakumar had a very progressive career at CIPM. Ken Joined the IPM in 2002 as a member of the Young Members forum and was involved in many important projects under the leadership of Past President Mr. Rohitha Amarapala and was awarded the Associate Membership in 2009. Ken was elected as the Hony. Treasurer in 2011 and as Hony. secretary in 2017 & 2018, as Hony. Treasurer in 2019 and as the Vice President from 2020 until 2022. Some of the significant contributions by Ken to IPM/CIPM are 1. Creating transparency by commencing “From secretary’s desk “monthly update to members on CIPM activities 2. Introduced the “Great HR Practices” 3. Introduced the “Protocol Manual” 4. Served as the member the CQHRM syllabus review committee. 5. Initiated the Certificate Course in Reward Management 6. Initiated “CIPM Life Changer” Job Portal 7. Instrumental in making People Management Solutions as the viable income earner Mr. Jayantha Amarasinghe Immediate Past President With nearly three decades of leadership experience in delivering innovative and strategic people management practices across multiple industries and geographies, Mr. Jayantha Amarasinghe has earned himself a reputation as an acclaimed and accomplished human resources thought leader with an unrelenting zeal to drive excellence. He currently serves as the Deputy General Manager of Seylan Bank PLC – a key strategic role in which he performs as the principal architect of human resources strategy and practices of the organization. He has held key HR leadership positions at renowned local and international organizations such as Singer Sri Lanka, Nations Trust Bank and a global HR leadership role at the Doha Bank in Qatar where he oversaw the HR function of four UAE countries. He is an Attorney-at-law by profession and also holds a Bachelor’s Degree in Law from the University of Colombo and a Master’s in Business Administration from Buckinghamshire New University –UK. He is a Postgraduate Diploma holder in Management from Sri Lanka Institute of Marketing and holds the National Diploma in Human Resources Management from the Chartered Institute of Personnel Management Sri Lanka of which he is a Chartered Fellow Member. He also holds a Postgraduate Diploma in International Relations from the Bandaranaike Centre for International Studies (BCIS).
44 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 During his 20 years of committed association with the Chartered Institute of Personnel Management Sri Lanka, he has professionally contributed to many CIPM strategic and operationally critical endeavors. Mr. Amarasinghe currently holds the position of Immediate Past President at the CIPM. Mr. Priyantha Ranasinghe Vice President Mr. Priyantha Ranasinghe serves as the Director Human Resources of Coca Cola Beverages Sri Lanka Limited and counts over 29 years of experience in the field of Human Resources Management having held senior HR positions in Sri Lanka, Indonesia, India and Malaysia. He has a Master’s in Business Administration from Ashbourn University, UK and a National Diploma in Human Resources Management from IPM Sri Lanka. He also possesses a Postgraduate level certificate in HR Management from the Postgraduate Institute of Management (PIM), University of Sri Jayewardenepura. He is a licence holder for Psychometric Tests, trained by Thomas Group UK and also a certified practitioner by LUMA group USA on “Design Thinking”. He has also been trained in the USA, China, Vietnam, Dubai, Malaysia, India, Nepal, Philippines, Indonesia and Singapore on various HR-related subjects such as Job Grading System, Job Evaluation by Mercer, Compensation and Benefits Surveys, Performance Enablement, Org design principles and Employee Insights Surveys etc. He was also involved as a Global Project Manager of Coca-Cola Bottling Investment Group on “Organizational Design and Efficiency Improvement”. He is serving as the Vice President of CIPM and also a forum member of OPA Sri Lanka. Mr. Priyantha Ranasinghe received the Global HR Excellence Award from India in 2013. Mr. Priyankara Seneviratne Hony. Secretary Priyankara holds a Master’s Degree (MA) in Sociology (University of Colombo), Post Graduate Diploma in Applied Sociology (University of Colombo), Post Graduate Diploma in International Relations (BCIS), Bachelor’s Degree in Social Sciences (BA) and Bachelor’s Degree of Management Studies(BMS) from The Open University (OUSL) of Sri Lanka. He also holds a National Diploma in Human Resources Management from Institute of Personnel Management of Sri Lanka (NDHRM-IPM). He started his career with The Finance Company Ltd and worked for many prestigious organizations such as MAS Holdings, and United Nations Development Programme (UNDP). He was the Head of Human Resources and Administration at Softlogic Finance PLC, Commercial Leasing and Finance PLC (LOLC), Millennium Development (PVT) Ltd (LOLC) and Candor Group of companies. Priyankara, joined Rhino Roofing Products Limited as the Head of Human Resources and currently functions as their Group Head of Human Resources attached to St. Anthony’s (SAVL) Private Limited. Priyankara held many positions in the Council of the Chartered Institute of Personnel Management (CIPM)-Sri Lanka from the year 2008 and continues to serve the institute with honesty and dedication. He currently holds the position of Honorary Secretary in the Council. Col. Saman Jayawickrama (Retd.) Hony. Treasurer Col. Saman Jayawickrama is a Member of the current Executive Governing Council and Hony. Treasurer of the Chartered Institute of Personnel Management - Sri Lanka (CIPM - SL) He is a Chartered Fellow Member and Associate HR Consultant at CIPM SL, Fellow Member of the Institute of Chartered Professional Managers (CPM), Life Member of the Organisation of Professional Associations (OPA), Member of Chartered Management Institute UK (CMI) and currently a Forum Member of OPA. Col. Saman Jayawickrama is also a retired Commissioned Officer of Sri Lanka Army with 28 years of illustrious career rendered to the Nation. He holds a holds Msc in Management from General Sir John Kothalawala Defense University (KDU), MA in International Relations, MA in Conflict and Peace Studies and PG Diploma in Conflict & Peace Studies from University of Colombo, National Diploma in HRM from IPM, Commonwealth International Diploma in youth in Development from Open University Sri Lanka and Diploma in Conflict Resolutions from Bandaranaike Centre for International Studies (BCIS). Qualified with Applied Lean Six Sigma Practitioner Training for Human Resource Management Professionals (ALSSP) from Dr. Mikel J Harry Six Sigma Management Institute Asia, qualified on GIS & Remote Sensing from University of Peradeniya and possessed hands on skills/experience in Satellite Communications & Cyber warfare to handle communication during natural disaster situations in AsiaPacific Region. Further, he served at the Office of Strategic Affairs of the Ministry of Defense - Sri Lanka OSA - MOD as the Coordinating Officer & Senior Staff Officer on Operations and Administration for which he was able to practice acquired synergy to full-force in a semi-military environment. Upon the retirement from the Army, He worked as Deputy General Manager (Operations) at Lumiere Textiles Pvt Ltd, Head of HR & Admin at Mackson Tiles Lanka Pvt Ltd and Head of HR at Verger Naturals Pvt Ltd. THE COUNCIL
45 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 He has worked as Senior Consultant on Human Resources, Administration & Security Operations at Double XL (Pvt) Ltd and currently works as the Group Head of HR at Jayaratne Group and Consultant on HR & Admin at East West Industrial Solutions (Pvt) Limited. He is an experienced HR practitioner for changing attitudes, perception and behavior pattern of employees, capable of identifying and introducing appropriate best practices of modern Human Resources Management, a certified online trainer and an experienced trainer on Leadership Development. He has represented CIPM council since 2016 and attended National HR Conferences conducted by CIPM since 2010 till to date. He too has represented CIPM for International HR conferences in India, Pakistan, Bangladesh and a virtual participant on CIPD annual Conference conducted by Chartered Institute of Personnel and Development (CIPD) in Manchester UK in 2021. He is a Justice of Peace” covering the island. Ms. Wasanthi Vithanage Hony. Editor Ms. Wasanthi Vithanage is a Chartered Member of CIPM Sri Lanka. She holds a Bachelor’s of Law (second class honours) Degree from University of London, a Bachelor’s Degree in Management Studies specialised in Human Resource Management from the Open University, Sri Lanka. She holds the Professional Qualification in Human Resources Management (PQHRM) from the Chartered Institute of Personnel Management, Sri Lanka. Ms. Vithanage commenced her professional career in 1999 and has since served at several esteemed organisations including the Ceylinco Group and Sri Lanka Telecom, South Asia Gateway Terminals (Pvt) Ltd., and People’s Leasing and Finance PLC. She was fully into Human Resource Management function since February 2007 by joining South Asia Gateway Terminals (Pvt) Ltd., (SAGT) operating within the Port of Colombo. She has served there till October 2018. She joined People’s Leasing and Finance PLC in late 2018 and was functioning as Head of Group Human Resources of five separate companies of the Group. She was seconded to People’s Insurance PLC and was acting as Head of Human Resources and Administration in the latter part of her tenure at People’s Leasing and Finance PLC. She was heading the procurement and vehicle tendering functions also at People’s Insurance PLC. She then joined Macksons Paints Lanka (Pvt) Ltd., (Multilac) as the Chief Human Resource Officer. She has more than sixteen years of extensive exposure and experience in Human Resource Management function with hands-on experience in all key result areas of Human Resource Management especially in organisation development, recruitment & talent management, Industrial Relations and Labour Management. Ms. Wasanthi Vithanage has served on several standing committees of CIPM Sri Lanka since 2003, including Marketing Committee, Strategic Planning & Plan Implementation Committee, Member Services Committee, Student Activities Committee, Editorial Committee and Audit Legal and Due Diligence Committee, etc and currently serves as the Hony. Editor of the governing council of CIPM.. Air Cdre. Manoaj Keppetipola Hony. Asst. Secretary Air Cdre Manoaj Keppetipola counts over 33 years of experience in the field of Human Resource Management and Training and Development. He is currently the Deputy Director Administration, Commanding Officer of the Sri Lanka Air Force Women’s Wing and SLAF Information Officer. He has been the inaugural Air Senior Directing Staff of the National Defence College of Sri Lanka, Commanding Officer of Sri Lanka Air Force Weerawila, Officer Commanding Personnel Services (Human Resources) at the Air Base Katunayake and a Directing Staff (Senior Lecturer) at the Defence Services Command and Staff College for four years. His management experience is not limited to one field, but to different facets such as Strategic Leadership, Training and Development, long spells in military training institutes, visiting faculty of CIPM and honorary lecturer in public universities such as University of Kelaniya , Colombo, Sri Jayewardenepura and Rajarata. He has previously held the positions of Council Member, Honorary Editor, Honorary Assistant Secretary of CIPM for 13 consecutive years and in addition, he has served as a visiting faculty member of the Chartered Institute of Personnel Management since 2009. He participated at the NATCON conference in India in 2012 and MIHRM Conference in Malaysia in 2017, representing IPM. He has been with the Young Members’ Forum continuously and held the position as Deputy Chairman and Chairman of YMF. He has participated in different committees with commitment and dedication for 13 years. During the current council year, he is heading the Sustainability, Inclusivity and Diversity Committee. Moreover, he is the coordinator of the CIPM Gavel and Toastmasters Club and the Deputy Chairman of the NHRC 2023 and committee Chair of the Great HR Debate.
46 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 He holds a first degree with honours pass from the Kotelawela Defence University while securing the Best Overall Student in Non-Technology stream, National Diploma in Human Resource Management, Masters in Business Management from PIM-University of Sri Jayewardenepura, Masters in Defence Studies from University of Kelaniya, Masters in National Security and War Studies from National Defence University of Pakistan. Further he is having the military qualifications ‘psc’ – passes staff college and ‘ndc’ – national defence college. He was the winner of National Training and Development Award in 2012. He has done several publications and presentations, both in Local and Foreign universities in relation to his further studies, and he had done a publication at the National Defence University, Islamabad Pakistan along with this study team, where previously a Sri Lankan officer has published only in 2009. He is a Chartered Fellow Member of Chartered Institute of Personnel Management and a Chartered Member of Sri Lanka Institute of Training and Development. Ms. Shiwanthie Wijesuriya Hony. Assistant Treasurer Shiwanthie counts over 20 years of proven performance, having worked at different corporates. With a proven track record in Teaching & Customer Service which has given her a rare and a unique edge to pursue a compelling career in Human Resource Management and Development, with an exemplary approach and utmost dedication. She is currently working as Senior HR Manager for Royal Ceramic Lanka PLC, a leading manufacturing conglomerate. She headed HR at ikman (Pvt) Ltd; a subsidiary Company of Saltside Technologies se, a Swedish conglomerate where she was responsible for end-to-end strategic and operational HR, Embla Software Innovation; a Norwegian owned software Company and BT Options (Pvt) Ltd; a market leading publishing House in Sri Lanka. She held the position of Group Manager HR at WNS Global Services (2012/15), a NYSE listed Company with about 20+ subsidiary companies, which includes different clients across the globe handling different processes. Shiwanthie’s expertise also includes policy designing and formation, strategic planning and operational HR, building teams for effective performance, leading and managing change and strategic business process outsourcing together with Human Resource Information Systems. She holds the PQHRM offered by Chartered Institute of Personnel Management and a MBA from Cardiff Metropolitan University, United Kingdom, and also a Certified Trainer from City & Guilds UK. In addition, she is a Member of Chartered Management Institute (CMI - UK) Chartered Institute of Personnel Management and Human Resource Professionals Association of Sri Lanka. Shiwanthie is a resource personnel at Chartered Institute of Personnel Management & Human Resource Management Institute of Sri Lanka. Mr. Jayantha Abeyratne Council Member Mr. Jayantha Abeyratne is a Human Capital Management Consultant on contemporary “People Leadership” concepts, Change management & Business process re-engineering. He is a qualified and experienced HR Business Partner with a demonstrated work history. His management exposure is not restricted to one field hence, familiar with numerous industries. He equipped with hands on experience to all KRA’s of HRM. He is a multifaceted professional with exposure to the Military, Ceramics, Rubber gloves manufacturing, Health care, Pharmaceutical and Education sectors. During his Corporate career, He held senior management positions of Group Head of HR at Esoft Metro Campus (Pvt) Ltd and ATG Gloves Manufacturing Company. Head of Human Resources and Administration at Dankotuwa Porcelain PLC and Sri Jayewardenepura General Hospital. He served as the HR Manager at Jay Jay Children’s Wear (Pvt) Ltd. He was a member of the Management Committee at the Faculty of Management of Uva Wellassa University of Sri Lanka. He holds an MBA from PIM - University of Sri Jayewardenepura and a Postgraduate Diploma in Human Resource Advancement from IHRA - University of Colombo. He possesses a National Diploma in Occupational Safety and Health with a merit from the National Institute of Occupational Safety and Health (NIOSH). He obtained an Executive Diploma in Employment Relations from ILO training Centre, conducted in collaboration with Turin University- Italy & EFC. He earned the NDTHRD from CIPM with a merit. Mr. Abeyratne hails from Kurunegala and his Alma Mater is Maliyadeva College Kurunegala. He is a retired Commissioned Officer of the Sri Lanka Army with an illustrious career to the Nation, and a President’s Scout of Sri Lanka. He is a Certified HR Auditor, and an accredited Competency Mapper. He is a member of several professional bodies including Chartered institute of Personnel Management Sri Lanka, a forum member of the OPA, Professional Member of Australian HR Institute - AHRI and a member of Lions Clubs International. Mr. Malintha Bombuwala Council Member THE COUNCIL
47 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 Mr. Malintha Bombuwala counts over 15 years of experience in Human Resource Management in different industries such as textile, manufacturing, energy and food and beverages. Currently he serves for Fonterra Brands Lanka Ltd as the Employee Relations Manager. Prior to his Fonterra journey he served for large corporates, conglomerates and state-owned enterprises (SOE) such as Litro Gas Lanka Ltd, Dipped Products PLC (Hayleys Group) and Varun Beverages Lanka Ltd (PEPSI Co - Sri Lanka). Mr. Bombuwala is an IR & ER specialist and gained impressive experience in handling trade unions and employee councils. He holds an MBA from Postgraduate Institute of Management (PIM), University of Sri Jayawardhanepura and an MSc in Human Resource Management from University of Colombo. Also, he completed the National Diploma in Human Resource Management from National Institute of Business Management Sri Lanka. Mr. Bombuwala also trained under many diverse training programs locally and internationally including train the trainer, Strategic Human Resources Management (SHRM) in ITM University – New Delhi. Mr. Bombuwala is an Associate Member of CIPM Sri Lanka. He served for several standing committees of CIPM Sri Lanka including Member Services and Related Events Committee and Government Relations and National Initiatives. Mr. Namal Jayaweera Council Member Mr. Namal Jayaweera is presently employed as the Group Manager, HR & Administration, Asia Leisure (Pvt.) Ltd. At Asia Capital Group PLC with companies namely, Asia Leisure Holdings, Asia Leisure Travels (Pvt) Ltd, Asia Technologies, and Asia Digital Entertainment (Pvt) Ltd. He started his career in the development sector as an Administrator serving in several multinational NGOs in the Netherlands, Australia, Denmark, and the US. Here, he wound up as the Deputy Country Director of New York-based NGO serving in the South East Asia region. Namal became an active member of IPM Sri Lanka in the year 2001 and as a student, he was a convener of the then HRD & Career Guidance Sub Committee of IPM. He was also the Secretary of the Membership Development Committee during the council year 2002/2003, and Member of the Council from 2004 to 2006, and 2009/2010. Held the position of Deputy Chairman of membership services committee 2015/2016. Deputy Chairman of Consultancy and HR services 2018/19. He has continued to serve as the Chairman of the Strategic Plan Administration and Implementation Committee 2019/2020. He served as the Chairman of the Standing Committee on Business Process Re-engineering and Organization Development for the year 2021/2022. He has been with a Young Members’ Forum continuously for eleven years and held the position as Deputy Chairman and Chairman of YMF 2013/2014 and 2014/2015 consecutively. He has continuously and faithfully served in different committees for 17 years. He attended Nalanda College, Colombo, and holds a National Diploma in HRM (NDHRM) MBA (HRM Special) from the University of Colombo. He is also a Certified HR Auditor and a Toastmaster. He represented the NATCON conference in India in 2013 and 2018. He also participated in the Bangladesh National HR conference in 2015. He also attended the CIPD conference in the UK, Manchester in 2018 as a self-funded participant. Ms. Davina Kern Council Member Davina possesses 25 plus years of experience out of which 21 years contributing to the field of Human Resource Management. She has served companies such as Aitken Spence & Co., MAS Holdings, McLarens Group and presently is the Head of Group HR at David Pieris Group of Companies, a renowned conglomerate in Sri Lanka. She has been instrumental in employee centralizations/ rationalizations / HR system designs & implementation / Talent Management / Competency framework development at large, whilst being a HR generalist giving leadership to teams. Davina has worked with ‘Delloitte Consultancy’ India and was actively involved in a HR system design and implementation at MAS at a Group level. Davina has been instrumental in receiving awards such as AHRP/’Great Place to Work’ /NBEA etc... for her employers. She won the ‘HR Leaders Award – Talent Acquisition 2018’ at the National HR Conference organized by the Chartered Institute of Personnel Management Sri Lanka in 2018. Davina is a holder of an MBA from the University of Cardiff Metropolitan UK, a HND holder of the Association of Business Executives UK, NDHR by CIPM Sri Lanka. She is an Associate Member of ABE UK, an Associate Member of CIPM SL and a Member of AHRP. She is also a certified coach by the ICF and a Certified HR Auditor. She has also earned certifications in Strategic HRM by LAHES – NUS, Leadership workshops by FrancklinCovery South Asia,
48 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 Assessment Centres / Job Analysis & Design respectively by SHL India & HAY Group India. Davina is a ‘change catalyst’ who has supported her employers in managing change successfully through learning / coaching interventions. Dr. Nilan Miranda Council Member Nilan Miranda is a retired Naval Officer rank of Commander, with a strong background of the field of human resource management, administration, marketing, training, operations and security. His background holds a hybrid experience in military and civil sector organizations. After serving 21 years of unblemished service at Navy, he performed as the Director HR and Admin at Institute for Construction and Development, General Manager cum Head of HR and Administration at Jayavi Holding (Pvt) Ltd, General Manager at CeyNor Foundation Ltd and Ceylon Fisheries Corporation, Director Academics and HR and Administration at CNNC London Pvt Ltd. Currently, he is the Director General at National Transport Commission. Despite being the commander of several crafts and at Several Naval Bases, he has performed as the Officer Training Instructor at Naval & Maritime Academy Trincomalee and Sailor Training Instructor at Naval Training Centre Punewa. The Honourable Secretary of Lions club Peliyagoda, Honourable President of Chillaw Youth Sports Club and the Honourable President of Sports OBA Joseph Vaz College. Commander (Retd.) Dr. Miranda possesses Masters in Defence Studies, Masters in Management and Masters in HRM for University of Kelaniya, KDU and University of Colombo respectively and Doctor of Business Administration at University of Kelaniya. He is a Member of several professional Institutes including Chartered Institute of Personnel Management, Sri Lanka, Institute of Management Sri Lanka and Association of Human Resource Professionals. Mr. Chandima Premachandra Council Member Mr. Chandima Premachandra counts over 22 years of managerial experience in the field of Human Resources Management and Administration. He is currently the Additional General Manager Human Resources and Administration of Lanka Electricity Company (Pvt) Ltd (LECO) which is distributing electricity in Sri Lanka. He has held many managerial and senior Management positions at Trend setters Pvt) Ltd, Sleek Wear (Pvt) Ltd ,EAM Maliban Group, and He held position of Head HR and Administration at Nortons Lanka Group which is a subsidiary of Nortons Group Italy operating internationally. Mr Chandima Premachandra Possesses a Masters in Labour Relations and Human Resources Management from University of Colombo, Bachelor of Science in Management special Degree from University of Sabaragamuwa Sri Lanka and Postgraduate Qualification in HRM from Postgraduate Institute of Management (PIM) University of Sri Jayewardenepura and Chartered Member of Chartered Institute of Personnel and Development(CIPD) UK, Certified Professional Member Australian HR Institute (AHRI) and Chartered Member Chartered Institute of Personnel Management Sri Lanka CIPM, He is a Certified HR Auditor and Certified Competency Mapper and Life Member of Organizations’ for Professional Association of Sri Lanka(OPA). Mr. Kasun Sharanindu Nahallage Council Member Mr Kasun Nahallage serves as the Deputy General Manager - Human Resources of Varun Beverages Lanka (Pvt) Limited ( PepsiCo - Sri Lanka) and counts over 17 years of experince in the field of Human Resources Management. Prior to this, he served in the Executive capacity in large corporates such as Sri Lanka Insurance Ltd, Lanka Hospitals PLC and headed the HR depatments at Gal Oya Plantations Ltd and Rocell Bathware Limided for over a decade. He is also a visiting faculty member of the CIPM Sri Lanka. Mr Nahallage is an Chartered Member of the CIPM Sri Lanka and Forum member of the Organization of Professional association in Sri Lanka. He holds the Professional Qualification in Human Resources Management (PQHRM) from CIPM Sri Lanka and TPM Practitioner Course from Institute of Lean Management and he is a certified TPM practitioner. Also he followed Lean in HR, HR in Lean course conducted by Institute of Lean Management. He also trained Solving Human and Organizational Problems Teamwork and Leadership Skill Improvement - [SHOP] in HIDA - JAPAN. Mr Nahallage has served on several standing commitees of CIPM Sri lanka including Research, Editorial, Publications & Library Development Committee, Member Services and Related Events Committee and Professional & Academic Affairs Committee. THE COUNCIL
49 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 For Year 2022/2023 Mr Nahallge appointed as Duputy Chairman of Standing Committee on Globally Recognized Member Centric Organization , Deputy Chairman of Standing Committee on National HR Confernce and Member of the Standing Committee on People Management Solution Provider. Dr. Neil Bogahalande Council Member Dr. Bogahalande counts over 30 years of Managerial experience in Plantation Manufacturing, Trading, and Financial sectors. Member of the Institute of Certified Management Accountants, Australia and the Chartered Institute of Personnel Management (Inc) Sri Lanka and received his Ph.D. from Management and Science University, Malaysia. An Editorial Board Member of USA journal and as a researcher and author, he published many scholarly articles in international refereed journals and conference proceedings. Dr. Bogahalande excelled in his professional career being appointed as the Group Head of Human Resources of large corporates such as Browns Group PLC, Sampath Bank PLC and Royal Ceramics Lanka PLC. During his illustrious career, has won many national and international accolades including the most prestigious ‘Pride of HR Profession’ awarded by the World HRD Congress in 2010 and the ‘Lifetime Gold Medal’ awarded by CIPM in 2019. Currently he functions as a member of the “Happiness Planet Research Team” of Hitachi Corporation, Japan. Upon approval of the Committee of High Posts by the Parliament of Sri Lanka, Dr. Bogahalande functioned as the Chairman and Board Director of many state and private sector organizations. Prof. Prasadini Gamage Council Member Professor Prasadini Gamage is a professor in Human Resource Management attached to the Department of Human Resource Management of University of Kelaniya. She is an old girl of Visakha Vidyalaya, Colombo. Prof. Gamage completed her PhD in HRM at the Management and Science University in Malaysia following on B.Sc. (Business Administration) Special degree with a first-class honors and M. Sc. (Management) degree, both from the University of Sri Jayewardenepura. In addition, she is an Attorney-at-Law of the Supreme Court of Sri Lanka. Also a Chartered Associate Member of the Chartered Institute of Personnel Management Sri Lanka Inc. She is the recipient of a number of awards such as the T. Sinnadore Scholarship for the best student, Weerakoon, Gold medal for the highest marks obtained awarded by the University of Sri Jayewardenepura, an award for the best results obtained at the Intermediate level by the Sri Lanka Law College, the Gold Medal in recognition of her contributions made to the HR field by the Women in Management Institute, Sri Lanka. An award in academic excellence by Management and Science University, Malaysia. And also, the Most Outstanding Researcher’s Award for the year 2015 by the University of Kelaniya. Prof. Gamage has over 25 years of teaching experience at undergraduate, postgraduate, PhD and professional courses. Moreover, she has developed a number of Master’s degree programs and undergraduate degree programs for the state and non-state universities. She authored five text books and published more than 100 research papers in local and international journals. She presented her research work at many international and local conferences including University of Harvard. She has held numerous senior positions including, Head of the Department, Coordinator of Master of HRM and Deputy Director/Acting Director of the Centre for Distance and Continuing Education, Director of the Career Guidance Unit of the University of Kelaniya. She has been performing as a member of the governing council of the Sri Lanka Institute of Tourism and Hotel Management since 2014. She has been appointed recently as an independent non-working director of Citizen Development Business Finance PLC (CDB). Ms. Rajee Ravichandran Council Member Ms. Rajee Ravichandran serves as a freelance HR Consultant /Corporate Trainer as well as a faculty Member at CIPM and various other Government and private universities. She poses nearly 15 years of experience across several industries such as INGO, Health and Apparel sectors. She last serviced at Hela Clothing (Pvt) Ltd as the Head of Human Resources in which capacity she was as a member of the Senior Management Team. Ms. Ravichandran completed the Professional Qualification in Human Resources Management at CIPM in 2008. She is an Alumni at the Postgraudate Institute of Management and had completed her MBA in the year 2014. Ms. Ravichandran is also a Chartered Fellow Member of the CIPM, Sri Lanka. She has contributed significantly to several Standing Committees at CIPM and was a member of the committee for developing Lecture Competency Framework and, she was also the Chairperson of the HR Service Awards Committee in 2019.
50 Annual Report 2022/2023 CIPM SRI LANKA DRAFT 02 21.07.2023 Seated (front row left – right) Mr. Chandima Pinsiri - Chief Manager - Consultancy, Corporate Training & HR Services | Ms. Himali Dasanayake Director - Operations | Mr. U A C Obeyesekere - CEO | Mr. G. Weeratunga - Director - Professional & Academic Affairs | Ms. Wathsala Nadeeshani - Head of Finance MANAGEMENT TEAM