Sunday Oct 26, 2025
Sunday Oct 26, 2025
Friday, 17 October 2025 00:06 - - {{hitsCtrl.values.hits}}
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| Nandika Buddhipala |
Sarvodaya Development Finance PLC has appointed Nandika Buddhipala to its Board as an Independent Non-Executive Director.
Buddhipala has over 35 years of experience in the Banking, Telecommunication and Audit and Assurance industries. He was the Chief Financial Officer of Commercial Bank of Ceylon PLC until May 2025 having worked as the CFO over 17 years.
He was the Chief Financial Officer of Mobitel Ltd., before joining Commercial Bank.
Buddhipala an alumina of KPMG having worked in Colombo, Maldives and Oman. He is a Council Member of the University of Sri Jayewardenepura and former Council Member of the University of Colombo.
He is a Board Member and Trustee of the Chartered Institute for Securities and Investment, UK and the Chairman of the CISI National Advisory Committee, Sri Lanka. He was the Chairman of the ACCA Member Network Panel – Sri Lanka, President of the National Chamber of Commerce (NCCSL) and a Vice President of Organisation of Professional Associations of Sri Lanka (OPASL).
He is a current member of Study Boards of MSc in Financial Mathematics and BSc in Financial Engineering, Mathematics Dept. of the University of Colombo and a member of the ACCA Global Forum for Education.
He is the Chairman of the Banking, Finance and Insurance Committee of CMA Sri Lanka and a member of the Financial Reporting Standards Interpretation and Implementation Committee (FRSII) of the CA Sri Lanka. Buddhipala was a Member of the Governing Council of National Institute of Business Management (NIBM) and Sri Lanka Accounting and Auditing Standards Monitoring Board (SLAASMB).
Buddhipala obtained his first degree in BSc Business Administration and Post Graduate Diploma in Management from the University of Sri Jayewardenepura and MBA, Masters in Financial Economics, MSc in Financial Mathematics from the University of Colombo. He is a Fellow Member of CA Sri Lanka, ACCA (UK), CMA, CMA (Aust.), FINSIA (Aust.) and Member of CISI (UK).
