Two Memorandums of Understanding (MoUs) were signed between the Department of Finance, University of Kelaniya, Janashakthi Group, and the University of Waikato, New Zealand on the 10^th April 2023 at the Senate Room of the University of Kelaniya.

The objective of signing the MoU with the Janashakthi Group was to offer the “Janashakthi” gold medal to the most outstanding graduate in the Bachelor of Business Management Honors in Insurance degree programme. Further, the Janashakthi Group will be making a cash award of Thirty Thousand (Rs. 30,000) rupees as a scholarship to the aforesaid student. The Janashakthi Group will also provide internship opportunities and career mentorship programmes for students who are keen to build a career in the field of Insurance.

The objective of signing the MoU with the University of Waikato, New Zealand which is one of the top-ranked universities in the world was to allow the students to complete the Master of Applied Finance at the University of Waikato, New Zealand if they complete their 1^st trimester of the Master of Professional Finance in Sri Lanka.

Present at the occasion were Cadre Chair and Senior Professor Nilanthi de Silva - Vice-Chancellor of the University of Kelaniya, Mr. K. K. K. Dharmathilaka - Registrar of the University of Kelaniya, Professor Ruwan Abeysekera - Acting Dean of the Faculty of Commerce and Management Studies and the Head of the Department of Finance, Cadre Chair and Senior Professor R. P. C, Ranjani, Professor Susima Weligamage, Dr. Ruwani Fernando and Mr. Ruwan Buddhika of the Department of Finance, the coordinators of the two MOUs, academic staff of the Department of Finance, Mr. Ramesh Schafter - Managing Director/Group CEO - Janashakthi Group, Ms. Wasanthi Stephen - Group Chief Human Resources Officer - Janashakthi Group, Ms. Anuruddhika Jayasundera - Manager Talent - Janashakthi Group, and Ms. Imalka Wickramasekera -  Senior Executive Human Resources - Janashakthi Group.