The State Mortgage and Investment Bank (SMIB) is one of the most established
financial institutions in Sri Lanka.
Chairman, Independent Non-Executive Director
Joseph Soosaithasan is an accomplished professional with 26+ years in Apparel Manufacturing & Leisure, spanning Sri Lanka and abroad. As a fellow of the Chartered Institute of Management Accountants, UK, his career includes high-impact roles like General Manager at Timex & Fergasam Group and leadership positions in Tanzania's Star Apparels (T) Limited.
His consultancy work extends to reputable entities like KPMG and USAID, leveraging his deep expertise in management accounting to enhance financial performance and operational efficiency. His extensive experience in the sector, coupled with his skills in financial management and strategic planning, mark him as a vital resource for organizations seeking improvement.
Independent Non-Executive Director
He is an Attorney-at-Law boasting over 29 years of experience, equipped with an LL.B from the University of Colombo’s Faculty of Law. He has specialized in a broad spectrum of legal fields, including Commercial Law, Companies Law, Land Law, and Labour Law, practicing across District Courts, Commercial High Court, Civil Appeal High Court, and Labour Tribunals.
Additionally, he is skilled in handling Writ Applications, Administrative Law, and Fundamental Rights cases in both the Court of Appeal and Supreme Court. He is a dedicated delegate of the Bar Association of Sri Lanka and an esteemed member of the Colombo Law Society and the Organization of Professional Associations, showcasing his extensive expertise and commitment to his profession.
Non-Executive, Ex-officio Director
With a master’s in public management from the Sri Lanka Institute of Development Administration and a BSc in Public Admin from the University of Sri Jayawardarapura, he is a seasoned accountant who boasts over 30+ years in Sri Lanka's service.
His credentials include Associate Membership with the Association of Accounting Technicians, Fellowship in Public Finance Accountants, Certified Business Accountant, and Chartered Public Financial Management Accountant (ICASL), and he is a Member of the Chartered Institute of Public Finance & Accountancy. He is an expert in Public Financial Management, Treasury, Debt Management, Auditing, Accounting, and Public Procurement.
Independent Non-Executive Director
With a well-known academic background, he holds two Ph.D. degrees: one in Business Management from KEISEI International University and another in Marketing from Wayamba University. Additionally, he has mastered the art of Financial Management through an MBA from Indira Gandhi National Open University and broadened his expertise with a General MBA from Wayamba University.
His foundational knowledge stems from a B.Sc. (Special) in Public Administration from the University of Sri Jayewardenepura. Beyond his educational achievements, he is an esteemed Member of the Association of Accounting Technicians, showcasing a diverse and comprehensive skill set in both academia and professional fields.
Independent Non-Executive Director
He began his educational chase at the Australian Institute of Business, Adelaide, earning an MBA and a Post Graduate Diploma in Business Management. His quest for professional growth led him to become a fellow member of the Chartered Professional Managers and a certified member of the Sri Lanka Institute of Marketing.
Further elevating his stature, he is also a fellow member of both the Chartered Management Institute and the Association of Business Executives, in addition to memberships in the Chartered Institute of Marketing and the Institute of Management. With over 30 years of senior managerial experience, his career narrates a journey of leadership, excellence, and an unwavering commitment to the business realm.
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