Banking

Vajira Kulatilaka receives AITTA award

Vajira Kulatilaka, CEO, NDB Group Investment Banking Cluster was recently awarded the AITAA Distinguished Alumni Award (2011), for business and professional achievements, by the Asian Institute of Technology Alumni Association (AITAA).

Professor Hiran Dias awarding Kulatilaka. Palitha Gamage, Vice President AITAA looks onInvitation

He was awarded this accolade in recognition of his service in the region through outstanding professional and technical achievements at the 40th Governing Board Meeting in October 2011 held at the World Resort Genting, Malaysia. A ceremony was also held in Sri Lanka for the official handing over of the award to Kulatilaka.

Vajira's immeasurable experience and broad-based knowledge of financial markets has been, and continues to be instrumental in revolutionizing the investment banking arena in Sri Lanka.

While at NDB, Vajira has led numerous teams that have carried out successful and record breaking transactions, many which have earned NDB Investment Bank its current position as the leading investment bank in the country. Vajira was instrumental in introducing to the country, a new model for carrying out securitizations.

This model was embraced as the industry benchmark in securitizations and, is being adopted even today.

Further, Vajira has played an active role in Project Finance, overseeing and facilitating a number of loan syndications and thereby ensuring the start up and expansion of many large scale projects in the country.

Furthermore, he played an integral role in the setting up of NDB Capital Limited, NDB's investment banking arm in Bangladesh.