Vajira Kulatilaka awarded AITTA Distinguished Alumni Award

Friday, 20 April 2012 00:57 - - {{hitsCtrl.values.hits}}

NDB Group Investment Banking Cluster CEO Vajira Kulatilaka was recently awarded the AITAA Distinguished Alumni Award (2011), for Business and Professional Achievements, by the Asian Institute of Technology Alumni Association (AITAA). He was awarded this accolade in recognition of his service in the region through outstanding professional and technical achievements at the 40th Governing Board Meeting in October 2011 held at the World Resort Genting, Malaysia. A ceremony was also held in Sri Lanka for the official handing over of the award to Kulatilaka.

Professor Hiran Dias awarding NDB Group Investment Banking Cluster CEO Vajira Kulatilaka as AITAA Vice President Palitha Gamage looks on

Vajira’s immeasurable experience and broad-based knowledge of financial markets has been, and continues to be instrumental in revolutionising the investment banking arena in Sri Lanka. While at NDB, Vajira has led numerous teams that have carried out successful and record breaking transactions, many which have earned NDB Investment Bank its current position as the leading investment bank in the country.

Vajira was instrumental in introducing to the country, a new model for carrying out securitisations.

This model was embraced as the industry benchmark in securitisations and, is being adopted even today. Further, Vajira has played an active role in project finance, overseeing and facilitating a number of loan syndications and thereby ensuring the start up and expansion of many large scale projects in the country. Furthermore, he played an integral role in the setting up of NDB Capital Limited, NDB’s investment banking arm in Bangladesh.

Prior to NDB, Vajira has served in key strategic positions in a number of high profile organisations in Sri Lanka and overseas, including the United States Agency for International Development, Sampath Bank and CKN Fund Management.

He currently holds several directorships within the NDB Group and is on the Board of Directors at the Colombo Stock Exchange.

Vajira hails from a multi-disciplinary academic background, having initially entered the engineering field where he obtained a BSc in Engineering (First Class), from the University of Moratuwa and a MEng in Industrial Engineering and Management from the Asian Institute of Technology, Bangkok, Thailand.

He later diversified into the financial sector, specialising in investment banking and corporate financial management. He is a Fellow Member of the Chartered Institute of Management Accountants UK (FCMA) and a CFA Charter holder.

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