The volatile nature of the global economy has made it imperative for financial institutions to have robust credit risk management strategies in place. Covid -19 has brought in further challenges to these existing risk management frameworks due to the sudden halt in supply chains and economic activities affecting the borrower’s capacity to meet their debt obligations.
Legislative interventions via stimulus packages and guidance on providing borrower relief has added to the strain. These have led financial institutions and other organisations to review and focus on their risk function more than ever.
This collaborative webinar organised by CIMA and SLICM will discuss on managing credit risk in current conditions. The webinar will feature industry experts as Aby Eapen -Director Financial Services Advisory – Deloitte India , Krishan Thilakaratne-Director/CEO -Commercial Leasing and Finance PLC, Damith Pallewatte, ACMA, CGMA – Deputy General Manager,Wholesale Banking Group Hatton National Bank Plc, Jithendra Gunatilake, FCMA, CGMA, Head of Compliance LOLC Finance PLC ,Brandon Morris- Group Managing Director -Associated Motorways Private Limited and Mrs.Shiranthi Gunawardene- Attorney-at-law.
The Chartered Institute of Management Accountants (CIMA) in Sri Lanka and Sri Lanka Institute of Credit Management (SLICM) entered into a collaborative agreement in July this year. The agreement looks at creating value for the members of both bodies via development programmes, seminars and related activities.
This agreement also establishes mutual recognition of members of the two professional bodies and has established professional pathways into enrolling and completing the respective qualifications.
While Fellow Members of CIMA can obtain direct membership of SLICM, CIMA Associate Members will need to follow a training and a viva to get the membership. CIMA students and exam completes have varying levels of entry as well.
SLICM Members shall be fast-tracked into the CIMA Professional Qualification with varying levels of exemptions provided, with the highest exemptions for members with 6 years of experience who will enter the Corporate Senior Executive Pathway and members with 10 years of experience in a relevant finance role, who will enter the CFO pathway, beginning with the Strategic Case Study.
The webinar will be held on the 3rd of December from 4.00 to 5.30 pm. For more details on the webinar please contact Dr Rajudin 0772308855 on or Hasanji on 0767159000.