‘Finance for the Now Normal’ webinar today by CMI UK – SL Branch

Tuesday, 12 January 2021 01:27 - - {{hitsCtrl.values.hits}}

In view of the global pandemic which is yet at large and its immense impact on the hospitality industry, CMI UK – Sri Lanka Branch has once again organised a free webinar on the caption ‘Finance for the Now Normal’ on 12 January 2021 starting 6 p.m.

This webinar will mainly outline key factors on how businesses primarily in the hospitality sector which have been severely affected by the current pandemic situation, could overcome its struggle to a great extent. This webinar will enhance one’s perception on how basic steps could make a positive impact on the top and bottom lines of a business.

‘Finance for the Now Normal’, will be chaired by the renowned resource person and former consultant of KPMG Nirmalan Nagendra. Nirmalan is rich with over 35 years of experience in the hospitality industry, including 20 years of strong financial administration at five-star hotels of various regions around the world, including USA, Caribbean, Middle East and Singapore; as an operations and commercial oriented Director of Finance. He holds a record of achievements associated with monitoring costs, growing topline, improving GOP, effective credit management and departmental administration ensuring client satisfaction.

Nagendra introduced a ‘Commitment to Excellence Service Delivery Program’ which is now well recognised by the hospitality world. He further holds a wealth of experience as an acting General Manager, Human Resources Director and other ad-hoc assignments with profound responsibilities. He was the only Financial Controller selected for the Cornell University GM Program sponsored by Le Meridien Regional Office in July 1998. Nagendra holds strong IT literacy, analytical approach and HR skills and he strongly believes in the ‘WE’ principle. He possesses four years of experience as Deputy General Manager in the Bahamas and Kuwait.

Founded in 1947 as the British Institute of Management, the Chartered Management Institute was renamed upon being awarded the Royal Charter in 2002. One of eight countries in the world to have their own branch of CMI, the Sri Lanka branch was inaugurated in 1996 and within a span of over two decades has planned and executed various strategic initiatives with the objective of developing the professionalism of managers in Sri Lanka.

Commenting on the planned webinar CMI Sri Lanka President Kaushal Rajapakse stated, “While restrictions on travel, lockdowns, new health regulations and the sheer fear of the virus have severely reduced capacity and have also transformed restaurants and hotels into delivery and takeout operations; through this webinar our objective is to explore the steps that can be taken to not only survive but put themselves in the best position in navigating this now normal, COVID-19.”

Those who are interested in enrolling for this program may contact Vanessa on 071 067 6600 or [email protected] with their contact detail and email address.