KPMG-SLID Audit Committee Forum

THE 30th session of the Audit Committee Forum (ACF), titled “A View from the Board: Managing emerging risks in Audit Committees,” was held on Tuesday, 26 March, at Port City Colombo.

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The event brought together industry leaders and experts to discuss the evolving landscape of risk management. The session was inaugurated by Sri Lanka Institute of Directors (SLID) President Aroshi Nanayakkara welcoming the audience. This was followed by a brief introduction by Moderator and Forum Chairman KPMG in Sri Lanka and Maldives Partner and Chief Operating Officer Suren Rajakarier. He took the opportunity to celebrate the conclusion of 10 years of service by the ACF and thanked the founders for their immense contribution over the years. He also set out the objectives of the Forum, which serves as a platform to exchange ideas, insights and strategies on how audit committees can help boards pro-actively navigate emerging risks that continue to challenge traditional structures.

The panel featured distinguished experts and Independent Non-Executive Directors to the board, among whom were Roshan Perera, Sakthika Amarathunga, Jeevan William, Thusitha Perera, and Hayleys Group ESG General Manager Prashanthi Illangasekera. The discussion revolved around key areas such as how boards can adjust to evolving risks in a fast-changing environment, gain insights into the ESG landscape and its effects on global supply chains, under-stand how audit committees can prepare for new report-ing requirements, and interact with industry leaders and experts to develop strate-gies for navigating emerging risks.