AITAA Accolade To Vajira
NDB Group Investment Banking Cluster CEO Vajira Kulatilaka was recently awarded the Distinguished Alumni Award (2011) for Business and Professional Achievements by the Asian Institute of Technology Alumni Association (AITAA).
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.
His immeasurable experience and broadbased financial markets knowledge has been and continues to be instrumental in revolutionizing Sri Lanka’s investment banking arena. While at NDB, Kulatilaka 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 country’s leading investment bank. Kulatilaka 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, Kulatilaka 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 Ltd., NDB’s investment banking arm in Bangladesh.
Prior to NDB, Kulatilaka served in key strategic positions in a number of high profile organizations in Sri Lanka and overseas, including USAID, Sampath Bank and CKN Fund Management. He currently holds several directorships within the NDB Group and is on the Colombo Stock Exchange Director Board. He hails from a multi-disciplinary academic background, having initially entered the engineering field where he obtained a BSc in Engineering (First Class), from Moratuwa University and a MEng in Industrial Engineering and Management from the Asian Institute of Technology, Bangkok. He later diversified into the financial sector, specializing in investment banking and corporate financial management. He is a Chartered Institute of Management Accountants UK Fellow Member and a CFA Charter holder.