ON 21st June 2024, at the Monetary Authority of Singapore, the High Commissioner of Sri Lanka, H.E. Senarath Dissanayake, met with Mr. Sopnendu Mohanty, Chief Fintech Officer of the Monetary Authority of Singapore (MAS), and his team. The meeting took place before the Fintech delegation visited Sri Lanka from June 25 to 27 to participate in the Digi Econ Global Investment Summit, organized by the Ministry of Technology, Sri Lanka.
The High Commissioner emphasized the significance of the delegation’s visit to Sri Lanka, noting that the Digi Econ Global Investment Summit 2024 will unveil Sri Lanka’s roadmap for tech-driven progress. This event will explore opportunities in cutting-edge fields and highlight Sri Lanka’s commitment to sustainability and inclusivity. The High Commissioner also briefed the team on the program arranged by the High Commission during their stay in Sri Lanka.
The Fintech delegation includes Mr. Mohanty, Mr. Alvinder Singh (Deputy Director of MAS), Dato Paul Supramaniam (Founder of Law Asia and Senior Advisor to the Board of Elevandi), and Ms. Preeti Dawra (Director of Global Marketing and Strategy in the International Engagement Unit of the President’s Office at Nanyang Technology University and Advisor to the Board of Elevandi). Mr. Mohanthy, also the Chairman of the Board of Elevandi, which is a nonprofit organization set up by MAS to foster international collaborations on technology innovation, will join a panel discussion titled “New Models of Investment Accelerating Digital Transformation” at the summit on June 25, 2024, invited by Hon. Kanaka Herath, State Minister of Technology.
The delegation will meet with H.E. the President of Sri Lanka to discuss collaborative opportunities in digital public infrastructure, global connectivity for SMEs, and sustainable finance. A key objective is to explore cross-border collaboration with the Sri Lankan government and academia to promote fintech in the digital economy, digital literacy, digital empowerment, and financial inclusivity.
Additionally, the delegation plans to discuss with the Chairman of the University Grants Commission and representatives from Sri Lankan universities the potential to formulate a program offering Masters and PhD scholarships to Sri Lankan students at the Asian Institute of Digital Finance and Nanyang Technology University in Singapore in the field of digital financial technology.
The June 21 meeting also saw the presence of Mr. Alvinder Singh, Deputy Director of MAS, Dato Paul Supramaniam, Senior Advisor of the Board of Elevandi, and Minister (Commercial) Mr. Yasantha Yaddehi of the High Commission.