Shashika Ranasinghe

CFA – CAL Investment Committee

Shashika brings a wealth  of experience as a seasoned investment professional to the CAL Investment Committee. A CFA charter holder, he has been the Assistant General Manager-Investments at Sri Lanka Insurance Corporation since 2018, and is a non-executive member of the CAL Investment Committee. Prior to SLIC he has served as The Head of Treasury at Cargills Bank Ltd from 2013 to 2018. Previously, he was Manager – Treasury at Aitken Spence PLC.

Shashika Ranasinghe
kanishke-mannakkara

Kanishke Mannakkara

CEO – CAL Investment Committee

Kanishke is the Managing Director of CAL Investments. He has over 15 years’ experience in capital markets. He has been  with CAL since April 2018. Prior to that, he served in a number of positions at the MAS Group in Sri Lanka and the UK over 13 years, including as the global head of corporate finance, treasury and strategy. Kanishke was responsible for setting up the centralised treasury function at MAS in 2007 and managed the reserves of MAS across multiple asset classes, currencies and countries during the period from 2007-2013.9

Ajith Fernando

Chief Executive Officer – CAL Group

Ajith is the founder and Group CEO of CAL. He counts over 30 years experience in Sri Lankan capital markets and is widely considered an experts on fixed in come in Sri Lanka. He is along-standing Fellow of the Chartered Institute of Management Accountants (UK) holds an MA in Financial Economics from the University of Colombo. He serves on the Board of several other companies.

CAL ceo

Sharmali Perera

Chief Risk & Compliance Officer – CAL Group

Drawing on 20-plus years of experience in the financial services industry, Ms. Perera is a founding member of Capital Alliance and has been an integral member since its establishment in 2000.

Reporting directly to the Board Risk Management Committee while being responsible for the effectiveness and compliance aspects of statutory reporting requirements, she’s led the implementation of a comprehensive risk framework encompassing group-wide risk avenues.

This is of key strategic importance in realising the company’s future goals, where new levels of income and market share are measured in line with the risk-reward balance.

An Associate Member of the Chartered Institute of Management Accountants (UK), Ms. Perera also serves on the Boards of three of the Group’s companies, as well as Ceylon Tea Brokers PLC, Finnovation (Pvt) Limited, and Logicare ( PVT) Limited.

Mr. H. A. Karunaratne

CAL Investment Committee

Mr. Karunaratne served as the Deputy Governor in- charge of the financial system stability cluster of the Central Bank of Sri Lanka and retired from the Central Bank service in December 2020 after illustrious carrier of almost 35 years. He counts nearly 40 years experience in the financial services sector in Sri Lanka and overseas and currently functions as an independent consultant.

He commenced his career in the financial services sector with organizations like BDO Partners, Government Accountants Service and subsequently joined the Central Bank of Sri Lanka. Some of the key positions held by Mr. Karunaratne include Chairman, National payment Council, Chairman, Institute of Bankers of Sri Lanka, Chairman, Credit Information Bureau of Sri Lanka, Chairman, West Coast Power PVT Ltd Sri Lanka, Chairman, Financial System Stability Committee, Chairman, Internal Investment Committee of the Central Bank, Chairman, EPF Investment Committee, Commission Member, Securities and Exchange Commission, Director, Insurance Board of Sri Lanka, Vice President, Fixed Income Department, Refco Singapore Pte Ltd, Vice President, Prime Risk Monitoring, Man Financial Pte Ltd, Singapore, Chief Dealer Central Bank of Sri Lanka, Director, Financial Intelligence Unit of Sri Lanka, Director, International Operations Department of the Central Bank of Sri Lanka.
He holds a BSc Business Administration degree from the University of Sri Jayewardenepura and an M A in Economics from the Ohio University, USA. He is also a Fellow Member of the Institute of Chartered Accountants of Sri Lanka. In addition he held the Representatives Licence of the Monetary Authority of Singapore for Trading in Futures, Dealing in Securities and Leveraged Foreign Exchange Trading and had completed Capital Market Financial Advisory Services Examinations on Rules and Regulations for Dealing in Securities, Futures Product and Analysis etc., conducted by the Institute of Banking & Finance, Singapore.

Mr. Karunaratne is a regular speaker at various local and international forums on reserves and portfolio management and risk management. He had
participated in number of programs and seminars conducted by Bank of England, International Monetary Fund, Bank for International Settlements,
Monetary Authority of Singapore, Asian Development Bank, Bank of Japan, University of California and world Gold Council among others. He also
conducted the Treasury and Risk Management program of the Institute of Bankers for financial market participants over a decade.

Shashika Ranasinghe

Shashika Ranasinghe

CFA – CAL Investment Committee

Shashika brings a wealth  of experience as a seasoned investment professional to the CAL Investment Committee. A CFA charter holder, he has been the Assistant General Manager-Investments at Sri Lanka Insurance Corporation since 2018, and is a non-executive member of the CAL Investment Committee. Prior to SLIC he has served as The Head of Treasury at Cargills Bank Ltd from 2013 to 2018. Previously, he was Manager – Treasury at Aitken Spence PLC.

kanishke-mannakkara

Kanishke Mannakkara

CEO – CAL Investment Committee

Kanishke is the Managing Director of CAL Investments. He has over 15 years’ experience in capital markets. He has been  with CAL since April 2018. Prior to that, he served in a number of positions at the MAS Group in Sri Lanka and the UK over 13 years, including as the global head of corporate finance, treasury and strategy. Kanishke was responsible for setting up the centralised treasury function at MAS in 2007 and managed the reserves of MAS across multiple asset classes, currencies and countries during the period from 2007-2013.9

CAL ceo

Ajith Fernando

Chief Executive Officer – CAL Group

Ajith is the founder and Group CEO of CAL. He counts over 30 years experience in Sri Lankan capital markets and is widely considered an experts on fixed in come in Sri Lanka. He is along-standing Fellow of the Chartered Institute of Management Accountants (UK) holds an MA in Financial Economics from the University of Colombo. He serves on the Board of several other companies.

Sharmali Perera

Chief Risk & Compliance Officer – CAL Group

Drawing on 20-plus years of experience in the financial services industry, Ms. Perera is a founding member of Capital Alliance and has been an integral member since its establishment in 2000.

Reporting directly to the Board Risk Management Committee while being responsible for the effectiveness and compliance aspects of statutory reporting requirements, she’s led the implementation of a comprehensive risk framework encompassing group-wide risk avenues.

This is of key strategic importance in realising the company’s future goals, where new levels of income and market share are measured in line with the risk-reward balance.

An Associate Member of the Chartered Institute of Management Accountants (UK), Ms. Perera also serves on the Boards of three of the Group’s companies, as well as Ceylon Tea Brokers PLC, Finnovation (Pvt) Limited, and Logicare ( PVT) Limited.

Mr. H. A. Karunaratne

CAL Investment Committee

Mr. Karunaratne served as the Deputy Governor in- charge of the financial system stability cluster of the Central Bank of Sri Lanka and retired from the Central Bank service in December 2020 after illustrious carrier of almost 35 years. He counts nearly 40 years experience in the financial services sector in Sri Lanka and overseas and currently functions as an independent consultant.

He commenced his career in the financial services sector with organizations like BDO Partners, Government Accountants Service and subsequently joined the Central Bank of Sri Lanka. Some of the key positions held by Mr. Karunaratne include Chairman, National payment Council, Chairman, Institute of Bankers of Sri Lanka, Chairman, Credit Information Bureau of Sri Lanka, Chairman, West Coast Power PVT Ltd Sri Lanka, Chairman, Financial System Stability Committee, Chairman, Internal Investment Committee of the Central Bank, Chairman, EPF Investment Committee, Commission Member, Securities and Exchange Commission, Director, Insurance Board of Sri Lanka, Vice President, Fixed Income Department, Refco Singapore Pte Ltd, Vice President, Prime Risk Monitoring, Man Financial Pte Ltd, Singapore, Chief Dealer Central Bank of Sri Lanka, Director, Financial Intelligence Unit of Sri Lanka, Director, International Operations Department of the Central Bank of Sri Lanka.
He holds a BSc Business Administration degree from the University of Sri Jayewardenepura and an M A in Economics from the Ohio University, USA. He is also a Fellow Member of the Institute of Chartered Accountants of Sri Lanka. In addition he held the Representatives Licence of the Monetary Authority of Singapore for Trading in Futures, Dealing in Securities and Leveraged Foreign Exchange Trading and had completed Capital Market Financial Advisory Services Examinations on Rules and Regulations for Dealing in Securities, Futures Product and Analysis etc., conducted by the Institute of Banking & Finance, Singapore.

Mr. Karunaratne is a regular speaker at various local and international forums on reserves and portfolio management and risk management. He had
participated in number of programs and seminars conducted by Bank of England, International Monetary Fund, Bank for International Settlements,
Monetary Authority of Singapore, Asian Development Bank, Bank of Japan, University of California and world Gold Council among others. He also
conducted the Treasury and Risk Management program of the Institute of Bankers for financial market participants over a decade.