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“BOC has played a pivotal role in enabling inclusive entrepreneurship in Sri Lanka”

The Island

|

August 26, 2025

-A Conversation with Prof. Dewasiri N. Jayantha

“BOC has played a pivotal role in enabling inclusive entrepreneurship in Sri Lanka”

We are proud to present an exclusive interview with the inspiring pracademic - Prof. Dewasiri N. Jayantha, President of the Sri Lanka Institute of Marketing (SLIM) and Professor in Finance at the Sabaragamuwa University of Sri Lanka. With a remarkable career that bridges the worlds of industry and academia, Prof. Dewasiri is a shining example of how resilience, practical experience, and a lifelong commitment to learning can shape a transformative journey.

His leadership in finance, marketing, entrepreneurship, and higher education continues to inspire and empower the next generation of innovators and professionals across Sri Lanka and beyond.

In this exclusive interview, Professor Dewasiri shares his insights on youth entrepreneurship, the role of research and technology, and the path forward for economic transformation in Sri Lanka.

Q: How do you envision the role of youth entrepreneurship in driving economic growth, and what key bank strategies do you believe are necessary to foster it effectively?

Prof. Dewasiri:

Youth entrepreneurship is not just a component of economic growth—it is its lifeblood. Young entrepreneurs bring energy, creativity, and boldness to the table. In a time where traditional job markets are shrinking and automation is rising, entrepreneurship provides a pathway for self-reliance, innovation, and inclusive growth.

To truly unleash this potential, banks must go beyond traditional lending. They need to act as development partners—offering access to capital, mentorship, digital tools, and business literacy. Tailored financial products like startup grants, microloans, and revolving credit lines—with flexible terms—can help reduce the risk burden for first-time entrepreneurs.

Most importantly, youth need trust and encouragement. When a bank believes in a young person’s dream, it creates confidence, which is often more powerful than money itself.

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