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Uncovering Sri Lanka's hidden and often overlooked talent crisis
Daily FT
|June 08, 2026
BRAIN drain has been an unfortunate reality of our nation. Across every generation, a significant share of Sri Lankans have looked to perceived greener pastures overseas. In the aftermath of the 2022 economic crisis, more than 311,000 Sri Lankans registered to leave for foreign employment, the highest annual outflow on record.
The pattern has not stopped. Almost 48,000 Sri Lankans departed for foreign employment in just the first two months of 2026.
The departures span traditional labour migration but also include professionals from engineering, IT, banking, healthcare and hospitality. The challenges are serious enough that brain drain has rightly become a national conversation, with Government, industry and civil society now focused on how to stem the outflow, retain skilled talent, and rebuild the talent pool that Sri Lanka’s post-crisis recovery so clearly needs.
It is the right conversation. But it is incomplete.
Almost entirely absent from the national discourse is a parallel crisis: the people who stay, and specifically the people who lead Sri Lanka’s largest organisations, are not being developed at the level the country’s ambitions demand. We talk extensively about the talent we are losing. We talk far less about the quality of the leadership that has chosen to remain, and what serious investment in that leadership could unlock.
Sri Lanka has one of South Asia’s most educated populations. We produce graduates in volume. Yet employers across every sector consistently report a mismatch between what the education system delivers and what the economy actually requires. The skills-gap conversation, however, tends to focus on entry-level and mid-level technical capability. What it misses is the gap at the top: the quality of strategic thinking, the reflective capacity, and the decision-making muscle of the people running the country’s most consequential organisations.
Bridging Sri Lanka's leadership deficit: Survival is not leadership
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