ICASL Educational Trust awards scholarships

The ICASL Educational Trust awarded scholarships to twenty five registered students of the Institute of Chartered Accountants of Sri Lanka at its annual scholarship awards ceremony recently at Hotel Renuka, Colombo. The Chief Guest at this function was Joe Mutupulle, an eminent senior member of the accounting fraternity of Sri Lanka and the Senior Partner of Joe Mutupulle & Co.

Under the Trust's scholarship scheme, a monthly payment of Rs. 3,500 is made to each students for a period of one year. During ten consecutive years, the Trust has awarded nearly 200 scholarships to registered students of the Institute of Chartered Accountants of Sri Lanka to facilitate their professional studies.

A large number of scholarship recipients have qualified as Chartered Accountants over the decades.

The ICASL Educational Trust was created in 1997 by the Late Michael Brito-Muthunayagam, one of the outstanding accounting luminaries of Sri Lanka. It was set up for the benefit of members and registered students of the ICASL. The award of scholarships and prizes is one of the main objectives of the Trust.

The trustees are Messrs M. N. G. C. Perera, N. R. Gajendran and D. S. W. Andradi.

The founder of the Trust, the Late Michael Brito-Muthunayagam was born in 1934. He had is education at Royal College and St. Josephs College, Colombo. He qualified as a member of the Institute of Chartered Accountants of Scotland and subsequently became a member ICASL in 1964. He was an elected Council member of the Institute from 1991 up to the time of his demise in July 1997.

The twenty five recipients for 2008 are: K. N. K. Rathnasekera, K. G. A. S. T. Kosgoda, W. R. Chandana, Ms. W. D. N. P. Walisinghe, Ms. R. H. S. Sandakalum, Ms. G. Kumudini, Ms. N. R. Jayasiri, Ms. K. M. T. S. Perera, Ms. D. N. N. Samarathunga, W. M. L. P. Bandara, Ms. L. G. Wedage, Ms. A. W. A. T. M. Abeysekera, Ms. M. A. L. Wathsala, M. A. M. Mujeeb, D. Wannigama, Ms. E. M. T. M. Wijewickreme, A. W. A. P. S. Abeysekera, Ms. K. M. R. U. Karunarathne, M. Pragalathan, Ms. T. Suntharam, N. Thamilchelvan, P. G. A. M. C. Jayarathna, A. Antony, Ms. S. Vidanagamage and H. P. D. S. Dharmapriya.