KPMG appoints Ajantha Weerasekara as a Principal | Daily News

KPMG appoints Ajantha Weerasekara as a Principal

Ajantha Weerasekara
Ajantha Weerasekara

KPMG Sri Lanka, a member firm of the KPMG network of independent member firms announced the appointment of W. A. Ajantha Weerasekara as a Principal of the firm with effect from 1st of April 2021.

Ajantha counts over 14 years of experience in financial services in Sri Lanka and abroad, and currently leading the business, property and asset valuations and restructuring and turnaround services in KPMG Sri Lanka. He has also successfully led a range of advisory engagements including M&As, debt advisory, financial feasibilities and other corporate finance related transactions.

He has experience in working as the engagement director in financial restructuring and turnaround transactions related to several large and medium sized corporates in Sri Lanka, which involves restructuring of financial management processes, balance sheet, negotiating with lenders on restructuring of borrowings, liquidating non-operating assets and sourcing strategic equity investments.

In addition to leading numerous valuation engagements in Sri Lanka, Ajantha also has extensive experience in valuations in other global markets, where he has carried out earnings and asset based valuations of a number of companies across the UK, Europe, China, Hong Kong, India, Malaysia, and the Middle East.