Finance

Spotlight on Excellence: CFA Society Sri Lanka Awards and the Rise of Web3

Web3Instant
Web3Instant
Wednesday, July 8, 2026•3 min read
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Spotlight on Excellence: CFA Society Sri Lanka Awards and the Rise of Web3

CFA Society Sri Lanka honors excellence in capital markets

I've seen this before - the pursuit of excellence in traditional finance is a beacon of hope for the web3 community. The 13th edition of the CFA Society Sri Lanka Capital Market Awards is scheduled to be held on September 10, 2026, at the Oak Room, Cinnamon Grand, Colombo.

As the Society’s flagship platform for recognizing and celebrating excellence across Sri Lanka’s capital markets, the Awards continue to uphold the highest standards of professionalism and industry best practices. Back in 2017, I witnessed the emergence of Initial Coin Offerings (ICOs) and the subsequent growth of the cryptocurrency market.

Rashmi Peiris-Paranavitane, CFA – President, CFA Society Sri Lanka
Rashmi Peiris-Paranavitane, CFA – President, CFA Society Sri Lanka

CFA Society Sri Lanka Capital Market Awards Project Chairperson Kithma Gamalath, CFA, underscores the importance of nurturing future-ready capital market professionals: “Capital markets continue to evolve, and professionals must progress alongside them. The profession has changed significantly over the past 25 years. As we celebrate a quarter of a century, we are also looking ahead to the next generation of market leaders.”

Main Story

The Awards are designed to spur continuous improvement—not simply reward performance. As such, the judges look beyond technical skills and consider research that is timely, actionable, insightful and relevant to investors. What many newcomers don't realize is that the web3 space is not isolated from traditional finance; in fact, it's heavily influenced by it.

  • The pursuit of excellence in traditional finance can drive the adoption of web3 technologies
  • The growth of the cryptocurrency market is closely tied to the evolution of traditional finance
  • Web3 technologies have the potential to increase transparency and efficiency in traditional finance
Aruna Alwis – CEO, CFA Society Sri Lanka
Aruna Alwis – CEO, CFA Society Sri Lanka

Commenting on the upcoming event, Aruna Alwis, CEO of CFA Society Sri Lanka, says: “CFA Society Sri Lanka celebrates a history of 25 years, serving the investment profession through education, advocacy and professional development. The Awards continue to bring together the entire capital market ecosystem – regulators, listed companies, stockbrokers, analysts, fund managers, investor relations professionals and CFA charterholders.”

The Web3 Angle

As we explore the web3 angle, it's essential to consider the implications of traditional finance on the adoption of digital assets. The growth of the cryptocurrency market is closely tied to the evolution of traditional finance. I've seen this before - the pursuit of excellence in traditional finance can drive the adoption of web3 technologies.

Kithma Gamalath, CFA – Project Chairperson, CFA Society Sri Lanka Capital Market Awards 2026
Kithma Gamalath, CFA – Project Chairperson, CFA Society Sri Lanka Capital Market Awards 2026

What if we were to apply the same standards of excellence to the web3 space? The potential for growth and innovation is vast, and it's essential to consider the role of traditional finance in driving this growth.

Our Take

As a battle-tested crypto veteran, I believe that the pursuit of excellence in traditional finance is a beacon of hope for the web3 community. The growth of the cryptocurrency market is closely tied to the evolution of traditional finance, and it's essential to consider the implications of this relationship.

The CFA Society Sri Lanka Capital Market Awards is a testament to the country's growing financial sector and its commitment to upholding the highest standards of professionalism. As we look to the future, it's essential to apply the same standards of excellence to the web3 space and consider the role of traditional finance in driving growth and innovation.

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