Sri Lanka’s importance as a knowledge hub and source of talent for the finance and accounting industries was underlined recently in a meeting between HSBC, the Sri Lankan Association of Software and Services Companies (SLASSCOM), the Chartered Institute of Management Accountants (CIMA) and the Association of Chartered Certified Accountants (ACCA).
 
Together, these organizations are determined to raise awareness of the opportunities in Sri Lanka for new graduates and also to professionals who have moved away to further their careers but who now want to return home. 
 
“The traditional image of large companies off-shoring simple processing work does not hold true for Sri Lanka” commented  Cian Burke, Global Head of HSBC Securities Services.
 
"For HSBC, The GSC in Colombo is a real success story. HSBC Group Service Centre was set up in Colombo in 2004 and HSBC Securities Services Operations was established in the centre in 2008 with 26 employees – today we employ 550 people and we expect to grow further.  Our team here deals with complex, high-end fund administration and accounting so we aim to attract high quality accounting graduates and qualified professionals who want to help us develop our business.  In return, we will provide continued professional development and the exciting career opportunities that come with working for a global company.” 
 
Imran Furkan, Executive Director, SLASSCOM, said that several companies have moved away from data entry work as they recognize the talent pool that exists, “Sri Lanka is positioning itself as a niche market with unique talent in the finance and accounting industry. HSBC has demonstrated its commitment to developing talent and is offering fantastic opportunities to students and qualified professionals who want to develop their careers in Sri Lanka.”