Profile of Ravi Karunanayake
f.c.m.a. f.s.c.m.a, c.m.a.
Name in Full: Sandresh Ravindra Karunanayake
Date of Birth: 19th February 1963
Enters the portal of Sri Lankan politics in 1988 under able guidance and leadership of his political guru Late Hon. Lalith Athulathmudali, former Cabinet Minister and erudite scholar.
Year 1994 nominated as a Member of Parliament to the Parliament of the Democratic Socialist Republic of Sri Lanka. Following the footsteps of many illustrious Sri Lankan politicians, who decided to switch affiliation due to policy issues, on principle, decides to serve the nation as an independent Member of Parliament from 1995.
With the dissolution of the Sri Lanka Parliament in 1999, invited by Sri Lanka’s pioneer political Party the United National Party to seek election from the constituency of Kotte, which is the administrative capital of Sri Lanka. Elected to the Parliament with a huge mandate from the Colombo District and continues to be a shining beacon in national politics.
His professional background as a qualified Chartered Management Accountant and a top-notch entrepreneur earns him many accolades in serving the nation as a Member of Parliament, Cabinet Minister and a powerful member of the opposition.
The interim budget presented by him on 29th January 2015 on the assumption of office as the Minister of Finance created history as the budget, which provided the most number of revolutionary reliefs to the people of Sri Lanka.
The interim Budget was presented within a period of seventeen days of assuming office thus proving his versatility in the arena of finance and commerce.
A true people’s budget for 2017 formulated within a consultative process particularly with inputs from the general public. The Ministry of Finance under his guidance initiated the “Citizens engagement in the budgetary process - 2017” a novel approach and a first in the history of budget formulation.
His rise to political fame provides him the impetus to the reach the status of Assistant Leader of the United National Party, the Finance Minister and the present Foreign Minister of Sri Lanka.
An extended version of his political dynasty appears below in chronological order.
1994 - Youngest member to be nominated from the National List to the Parliament of Sri Lanka’s 10th Parliament
2000 - Elected to Parliament from Colombo District receiving more than 145,000 votes.
2001 - Elected to 12th Parliament of Sri Lanka
2001 - December 12th Appointed as the Cabinet Minister Trade, Commerce & Consumer Affairs.
2005 - Elected to 13th Parliament of Sri Lanka
2010 - Elected to 14th Parliament of Sri Lanka
2015 - January 12th. Appointed as the Cabinet Minister of Finance
2017 – May 22nd. Appointed as the Cabinet Minister of Foreign Affairs
Significant Political Achievements
Enters Parliament on the 25th August 1994 as a Member of Parliament and has served the nation in this capacity four times.
Cabinet Minister of Trade, Commerce & Consumer Affairs.
Appointed as the Chairman – Foreign Affairs Committee for the United National Party.
Appointed as the United National Party Leader for the Colombo District the nerve center of economic and administrative governance in Sri Lanka.
Chairman of Institute for Democracy and Leadership
National Organizer for Sri Lanka of the United National Party
Assistant Leader of the United National Party
Cabinet Minister of Finance
Cabinet Minister of Foreign Affairs
Presented with the award for Young Outstanding Politician of the year in 1999 at the National event organized by the International Jaycees.
Awarded the "Best Finance Minister" in Asia-Pacific for 2017 by The Banker, the premier monthly magazine on global finance since 1926, and owned by the world-renowned Financial Times group. In particular for the ability to secure the $1.5bn IMF loan, the hike in the national VAT, and efforts to reform the local tax system and Sri Lanka’s ability to tap international bond markets.
Active Member of the Federation of the Chamber Movement in order to strengthen the industrial and the business enterprises in Sri Lanka.
Elected as the Politician and Public Administrator of the year in 1999 by the Colombo Jaycees.
A regular contributor to the national print media in respect of,
Public Finance & taxation in Sri Lanka & abroad in various prestigious professional Media Institutions and Associations.
Also participates at national television and radio programs equally proficient at discussions in Sinhala and English, mainly focusing on topics relating to Business, Politics and Economic Affairs.
Had served many leading mercantile sector establishments in accounting and management spheres spanning over a period of 25 years.
Marital Status: Married and the father of three daughters
Residence Address & Contact Information:
1291/6, Rajamalwatte Road, Battaramulla, Sri Lanka
Tel : + 94 112872287 Fax : + 94 112863138 Mobile + 94 777590590
Email : firstname.lastname@example.org, email@example.com
Web : www.ravikarunanayake.com
Official Address & Contact No.’s
Ministry of Foreign Affairs
The Republic Building
Fort, Colombo 01.
Tel : + 94 112430221/ 2347416
Mobile: +94 777590590
Fax : +94 11 2430222
Email : firstname.lastname@example.org Web : www.mfa.gov.lk
Chartered Management Accountant - FCMA - Fellow member of the Chartered Institute of Management Accountants (UK), FSCMA, CMA (Canada)
St. Thomas Preparatory School – 1968 to 1978
Royal College, Colombo – 1978 to 1982
Passed G.C.E. Ordinary Level & Advanced Level
Represented Sri Lanka’s premier Educational Institute Royal College as a member of the 1st Eleven Cricket Team.