Mahindra Ideal Finance Limited (MIFL) and The Institute of Certified Management Accountants of Sri Lanka (CMA) have entered into a strategic partnership by signing a Memorandum of Understanding (MOU), officially establishing MIFL as a training partner of CMA Sri Lanka.

The agreement was signed at the CMA, auditorium in Colombo on December 28th, 2023. Representing MIFL, CEO-Mr. Duminda Weerasekare, CFO-Mr. Rohit Agarwalla and AGM-Internal Audit-Mr. Chathura Galhena and representing CMA Sri Lanka, The President, Prof. Lakshman R Watawala, Acting CEO-Mr. Kosala Dissanayake, Assistant Manager-Administration-Mrs. Nishanthi Dissanayake participated. This proposition stands to deliver advantages to the company, including an enhanced employer branding and reputation, ability to access a pool of qualified candidates, and opportunities for professional networking.

Mahindra IDEAL Finance Limited is licensed by Monetary Board of the Central Bank of Sri Lanka under the Finance Business Act No. 42 of 2011. It is also registered under the Finance Leasing Act No.56 of 2000 and commenced operations in March 2012.

This MoU will be another momentous step forward to strengthen the Management Accounting Profession by the collaboration between MIFL and CMA Sri Lanka.