Mr. W. N. I. C. Fernando
Non – Executive, Independent Director
Mr. Nishan Fernando is a Fellow Chartered Accountant and a Chartered Global Management Accountant with Associate Membership of the Chartered Institute of Management Accountants, UK. He holds a Master’s Degree in Business Administration from the Postgraduate Institute of Management, University of Sri Jayewardenepura, and is a Graduate of the Sri Lanka Institute of Directors.
He counts over 30 years of experience, during which period he has held the position of CFO/ Head of Finance at leading corporates in Sri Lanka. Mr. Nishan is a Past President of the Institute of Chartered Accountants of Sri Lanka. He has served on the International Accounting Education Standards Board of the International Federation of Accountants, and its Consultative Advisory Board. He has also served on the Board of South Asian Federation of Accountants.
He had been representing Sri Lanka in the Asia Oceanian Standard Setters’ Group for over ten years and functioned as its Vice Chair and Chair from 2020 - 2023. He had been a Commission Member of the Securities and Exchange Commission of Sri Lanka and also served on the Accounting and Auditing Standards Monitoring Board, Governing Boards of Postgraduate Institute of Management and of National Institute of Business Management. He has been serving on the Sri Lanka Accounting Standards Committee for over eighteen years and chaired it in 2009-2013 during which period Sri Lanka fully converged with IFRS. He had also been chairing the SLFRS Implementation and Interpretation Committee of CA Sri Lanka till 2023.
He is presently functioning as the Managing Director of BDO Consulting (Private) Limited. He is functioning as a member of the Dispute Resolution Panel of the Colombo Stock Exchange and of the Academic Board of the Management Faculty of the University of Sri Jayewardenepura. He functioned as the Chairman of First Capital Holdings PLC and First Capital Treasuries PLC for nearly 10 years till mid-2024.