Journey of Nandika Buddhipala: Chief Financial Officer at Commercial Bank of Ceylon
Journey of Nandika Buddhipala:
Early Career and Professional Experience
Nandika Buddhipala embarked on his professional journey in
1991 as an auditor at KPMG Ford Rhodes Thornton & Company in Sri Lanka. His
career path then took him to the Republic of Maldives and the Sultanate of
Oman, where he continued his work with KPMG Peat Marwick Micheal until 1993.
This international exposure laid a solid foundation for his expertise in
financial accounting and management.
Leadership at Mobitel (Pvt) Ltd
From 1993 to 2007, Nandika held various pivotal roles at
Mobitel (Pvt) Ltd, Sri Lanka's leading mobile telecommunications provider. His
journey at Mobitel began as a Financial Accountant, progressing to Finance
Manager, General Manager - Finance & Administration, and culminating in his
appointment as Chief Financial Officer. In these capacities, he was
instrumental in overseeing finance, treasury, procurement, administration,
credit control, logistics, and service center management, contributing significantly
to the company's growth and operational efficiency.
Current Role at Commercial Bank of Ceylon PLC
Since January 2008, Nandika has been serving as the Chief
Financial Officer (CFO) of Commercial Bank of Ceylon PLC, one of Sri Lanka's
premier banking institutions. In this role, he is responsible for steering the
bank's financial strategy and operations, ensuring its position at the
forefront of the country's financial sector. Under his leadership, the bank has
maintained a strong financial performance and has been recognized among the top
1000 banks globally.
Academic Achievements and Qualifications
Nandika's commitment to continuous learning is evident
through his extensive academic qualifications. He holds a Master of Business
Administration (MBA) in Management and a Master of Arts (MA) in Financial
Economics from the University of Colombo. Additionally, he earned a Master of
Science (MSc) in Financial Mathematics from the same institution. His
undergraduate studies culminated in a Bachelor of Science (BSc) in Business
Administration from the University of Sri Jayewardenepura, complemented by a Postgraduate
Diploma in Management.
Journey of Nandika Buddhipala: Financial Officer at Commercial Bank Ceylon/ Angel Investor/Nandika Buddhipala#Sri lanka/Banking sector/age#net worth
Professional Certifications
Nandika is a Fellow Chartered Certified Accountant (FCCA)
and a Fellow of the Institute of Chartered Management Accountants (FCMA). He is
also a Senior Associate (SA Fin) of the Financial Services Institute of
Australasia and a Member of the Institute of Management Accountants (IMA), USA.
Furthermore, he holds a membership with the Chartered Institute for Securities
& Investment (CISI), UK.
Contributions and Professional Recognition
Beyond his corporate roles, Nandika has made significant
contributions to the accounting and financial sectors in Sri Lanka. He has held
leadership positions in various professional organizations, including serving
as the Immediate Past President of the National Chamber of Commerce of Sri
Lanka and Chairman of the Member Network Panel of ACCA Sri Lanka. He has also
chaired the National Advisory Council of CISI Sri Lanka, where he continues to
serve as a Board Trustee.
Current Roles and Contributions
In addition to his role at Commercial Bank of Ceylon PLC,
Nandika is actively involved in national development initiatives. Since January
2023, he has been serving as a Member of the Industrialization Commission under
the Industrial Promotion Act No. 46 of 1990, focusing on promoting industrial
development and economic growth in Sri Lanka. He is also a Non-Executive
Director and Trustee at The Chartered Institute for Securities & Investment
(CISI) and holds various academic and professional advisory positions,
including being a Member of the Council and the Standing Committee on
Humanities & Social Sciences at the University of Colombo and University
Grants Commission of Sri Lanka, respectively.
Conclusion
Nandika Buddhipala's career exemplifies a blend of academic excellence, professional expertise, and a commitment to national development. His leadership in the banking sector, coupled with his active participation in various professional and academic bodies, underscores his dedication to fostering growth and innovation in Sri Lanka's financial landscape.
