Mr. Sanjaya Bandara FCMA

President of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka )

Sanjaya Bandara is the 26 th President of the Institute of Chartered Accountants of Sri Lanka (CA Sri
Lanka) for the term 2022/2023. He has served as a Council Member of CA Sri Lanka since 2012 and
was the Vice President of the Institute in 2020/2021.

Commanding over 23 years of professional experience, at present Sanjaya serves as the Partner of B.
R. De Silva & Co., a member firm of Nexia International.

Sanjaya’s contribution to the accountancy profession is extensive both in a local, regional, and
international sense. Apart from chairing various committees at CA Sri Lanka, he is also a Member of the
Board of the Confederation of Asian and Pacific Accountants (CAPA) and a technical advisor of the
South Asian Federation of Accountants (SAFA).

At CA Sri Lanka, he has chaired the Finance and Administration Committee, Exemptions and Reciprocal
Arrangements Committee, International Relations Committee and the Board of Management of the
School of Accounting and Business.

He is also a member of the council of the University of Kelaniya and the Association of Accounting Technicians (AAT) of Sri Lanka. Sanjaya is also a board member of the Sri Lanka Accounting and Auditing Standards Monitoring Board and a member of the Financial System Stability Consultative Committee (FSSCC) of the Central Bank of Sri Lanka.

Apart from being a member of numerous local committees, Sanjaya is also a member of the Committee on Auditing Standards & Quality Control and the Committee on Education, Training, and CPD of SAFA. Sanjaya has been a regular presenter at seminars and workshops on the Sri Lanka Accounting Standards (LKAS / SLFRS) and Sri Lanka Auditing Standards. He was also involved in the training of 100 accountants in Bhutan on the application of the International Financial Reporting Standards (IFRS).

Sanjaya holds a BSc. Accountancy Special degree from the University of Sri Jayewardenepura, and an MBA from the University of Colombo. He is also a director of Prime Land Residencies PLC and was the Chairman of Mercantile Investments and Finance PLC.

 

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