Sri Lanka Accounting and Auditing Standards Monitoring Board (SLAASMB) Appoints New Director General

The Sri Lanka Accounting and Auditing Standards Monitoring Board (SLAASMB) is proud to announce the appointment of Mr. Shantha Halloluwa as its 5th Director General, effective from September 1, 2025.

Mr. Halloluwa brings over two decades of extensive experience in the finance, accounting, and auditing fields, with a strong international background gained across diverse sectors, including multinational corporations, FMCG, banking, and commercial entities.

Prior to joining SLAASMB, he served as the Director of Technical and International Relations at the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka). He also held the prestigious position of Executive Secretary for the South Asian Federation of Accountants (SAFA) in 2024, where he played a key role in advancing the accounting profession throughout the South Asian region.

A distinguished professional, Mr. Halloluwa is a Fellow member of the Institute of Chartered Accountants of Sri Lanka. He holds a Bachelor of Science Accountancy (Special) Degree and a Master of Business Administration (Finance) Degree from the University of Sri Jayewardenepura.

SLAASMB established under Act.No.15 of 1995 is the sole authority in the country vested with the regulatory power to monitor the financial statements of economically significant entities to identify violations of compliance with Sri Lanka Accounting standards and the sole authority empowered to inspect the work of the auditors in the country.

The SLAASMB looks forward to Mr. Halloluwa’s leadership and expertise in upholding and enhancing the integrity of application of accounting and auditing standards in Sri Lanka.