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CIMA Sri Lanka organized a gala dinner to celebrate their 50 year presence in the country recently. The Prime Minister Ranil Wickremesinghe, who graced the event as the Chief Guest, had this to say, ‘You will have a vital role to play in the creation of a million jobs, of making Sri Lanka a highly competitive social market economy, in raising the incomes and the living standards of the people, of creating a strong middle class, and of uplifting our rural economy.’ The Prime Minister further elaborated, ‘CIMA’s major role will be to ensure that there are enough qualified personnel to meet this, which means you have got to train people for our needs and take into account the fact that some of our people will go abroad.’

CIMA President, Myriam Madden and Chief Executive, Charles Tilley were also in Sri Lanka to celebrate this milestone. In her address, Myriam Madden cited Sri Lanka’s troubled history and commended CIMA Sri Lanka’s efforts to build the national economy and education during that time. ‘I’m so proud that CIMA, and its relationship with Sri Lanka and its contribution to the economy here in Sri Lanka survived those difficult times and helped contribute to Sri Lanka through that difficult period.’ Myriam stated that she is excited and optimistic about Sri Lanka and CIMA’s future growth in the country.

The event recognized all past Presidents of CIMA Sri Lanka, with special recognition given to Deshamanaya M.T.A. Furkhan, the Co-Founder of CIMA Sri Lanka and H.A.P Devagiri – the oldest living CIMA member. Coincidentally, the 100,000th CIMA member, Samalka Athuraliya happens to be a Sri Lankan and was also recognised during the event.

CIMA, the Chartered Institute of Management Accountants UK was established in 1911 as the Institute of Cost and Work Accountants. In 1965, two senior level accountants – Frank Hayhurst and M.T.A Furkhan – laid the cornerstone of what was to later become CIMA Sri Lanka. In the intervening years, the profession of management accountancy has grown both quantitatively and qualitatively. Today, CIMA Sri Lanka is one of the biggest markets outside UK with 13,363 students and one of the most sought after qualifications in the country. Currently, there are 6,340 active and retired members qualified from Sri Lanka as well as 2,812 active CIMA members from Sri Lanka residing overseas.