Page 6 - CPM Sri Lanka_ANNUAL REPORT 2022
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4                                                                           Report of the

                                                            Milestones   Financial   Governing    Governing    Committees    Operational  Financial
                                                                                                                             Highlights
                                                                                                  Structure
                                                                         Review
                                                                                                                                          Statements
                                                                                    Council
                CPM Sri Lanka  |  Annual Report 2021-2022
        OVERVIEW OF THE
        Founder and President of the
        Governing Council



        The Institute of Chartered Professional Managers of   for the first time, all island art competition for children,
        Sri Lanka the Premier Professional Management Body   management quiz competition, evening for managers
        in Sri Lanka has realized the great need for proper of   webinars, business connect, international women’s
        management both in the Public and Private sector   day celebration and pre budget webinar under the
        for Sri Lanka to succeed in its political, economic and   theme ‘Recover, Reconstruct, Rebound-Budget 2022:
        social framework. The current economic crisis owes   My Wish List, which were all well attended by the
        the major portion to mismanagement which needs   members and corporate sector. The conference with
        to be corrected fast as otherwise the negotiations   the Best Management Practices Awards made a major
        with the International Monetary Fund and other   impact on the corporate sector and their participation
        major lenders and agencies will be further postponed   in large numbers made it a great success. The
        resulting in more burdens on the public with the   respective Committee Chairmen and members should
        poverty levels rising to unprecedented levels causing   be congratulated for their outstanding performances
        much harm to the future generations.   in organizing these successful events having an
          Realizing the importance of the Management   impact on the membership, corporate sector, women
        Profession we have considered the major role we   managers and children.
        have to play and have taken the unprecedented   The Governing Council and the respective
        step of moving to new spacious premises at No.   committees will continue to expand on their activities
        11, Melbourne Avenue, Colombo 04 to expand our   for the future and I wish to invite all members to join
        education, continuing professional development,   the committees and provide voluntary support for the
        member activities, library and member facilities,   success of CPM Sri Lanka.
        management programmes, collaboration with local and
        foreign institutes to expand our activities.    I wish to thank our Governing Council, Patrons,
          This unprecedented decision with a sizeable   Advisory Council, Co-opted members to the
                                              Governing Council and all Committee Members for
        investment supported by voluntary services of the   their voluntary contribution for the success of CPM
        membership has been undertaken at a time of grave   Sri Lanka. I also wish to place on record the Governing
        financial and economic crisis faced by the Country   Council’s appreciation of the dedication and hard work
        realizing the important National Role the Chartered   carried out by the Director and his staff who have
        Professional Managers have to play in resurrecting the   performed extremely well despite the many challenges
        country to its former glory with benefit to the society   faced.
        as a whole.
          The membership should be proud that despite these   I wish you all a Merry Christmas and a Happy and
        difficult times your institute has performed extremely   Prosperous 2023.
        well with a turnover of Rs.25.2M and a profit of Rs
        10.2 M compared to the previous year’s figures of Rs.
        14.9 M and Rs 7.4 M respectively.
          Our major activities included the CPM international
        management conference, annual convocation, best   Prof. Lakshman R. Watawala
        management practices company awards conducted

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