Business Times

Sierra completes successful 30 years

Sierra Holdings Pvt Ltd recently celebrated 30 years of service hosting a grand event at the Cinnamon Grand which was attended by the crème of the business society, top officials of state institutions, bankers, foreign clients and company officials.

CEO Director Nimal Lokuge addressing the gathering shared the 30 year journey from humble beginnings to a budding conglomerate with 34 companies under its umbrella operating in 10 sectors.
In a press release, the group said Sierra Holdings established a strong business presence in the fields of construction engineering being its core operating sector and later ventured into diversified fields of manufacturing, agriculture, property development, and leisure and IT.

It said Sierra has emerged market leaders in its core performance sectors of engineering. Operating in all major areas of construction (telecom, water and sewerage, civil, roads and dridges, pilling and electrical engineering), the company has excelled in all spheres of engineering to become a fully fledged turnkey service provider for all engineering solutions.

Mr Lokuge also detailed the achievements in agriculture, leisure and noted that the group has overseas operations in India, Australia, Maldives, Saudi Arabia and Qatar with plans underway for the company to expand operations to the African region.

Sierra Holding has reported a turnover of Rs.12.5 billion with its flagship companies, Sierra construction Engineering contributing Rs. 7.5 billion, with AgStar and Sierra cables collectively contributing to the balance Rs.5 billion.

Sierra Board members are Frank Irugalbandara (Chairman), Priyantha Perera, Nimal Lokuge (Director CEO), Tissa Perera (Alternate Ms.Keshini Suraweera), Ajith Devasurendra, Ishara Nanayakkara, Paul Ratnayeke and Mangala Boyagoda.

CICRA presents IT Security seminar on Sept. 27

The CICRA Institute of Education (Pvt) Ltd is organising an IT security seminar and workshop on September 27 in Colombo. The proposed seminar is not limited to IT staff but also top corporate decision makers including CEOs, COOs, CIOs and Human Resource Managers, the organisers said.
It will be facilitated by an internal trainer accredited by International Association of Electronic Commerce Consultants (EC-Council).

“Malicious hackers are waiting to attack with every live application that an organization brings online. Hackers are using new tactics to disguise their malicious code, trying to outsmart security controls,” said CICRA Director/CEO Boshan Dayaratne explaining the need for such a seminar.

AAT Sri Lanka's International Conference 2011 on Sept. 27

The Association of Accounting Technicians Sri Lanka (AATSL) will hold a 2-day international conference on September 27-28 at the Hotel Galadari Colombo, themed "Confronting the New Economic Landscape".

This theme has been chosen to address the crucial issues of the volatile business environment following the Global financial meltdown, natural disasters and regulatory changes, AATSL CEO T. Kumarasinghe said.

Postgraduate Institute of Management (PIM) Director Prof. Uditha Liyanage, will deliver the keynote address at the conference. Other special invitees will be CEO of AAT UK Jane Scott Paul, CEO of AAT Australia Robert Comelli and President HKI AAT Johnson Kong

There will be four Technical Sessions on Change in the global economic landscape, Practical application of IFRS, Evolutionary changes in Risk Management, and Sustainability reporting. IMF Representative Sri Lanka and Maldives Dr. Koshy Mathai; KPMG Ford Rhodes Partner Riyaz Mihular; M Fadhil Jiffry CFO of HSBC, Life Insurance Corporation India Chairman Dinesh Kumar Mehrotra; and Ruchi Gunewardene, CEO of STING Consultants Pvt. Ltd. will make presentations while Lanka Orix Leasing Deputy General Manager Jithendra Gunatilake will be the guest speaker on the topic of 'Risk resilience and resurgence: The Japanese Experience at the technical sessions'.

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