ASPI:

6,373.86

S&P SL20:

3,712.85

Share Volume:

3,837,329

Turnover (LKR):

91,723,336

ASPI

6,373.86

-1.35

-0.02%

S&P SL20

3,712.85

-0.30

-0.01%

Buying Rate (LKR)

Selling Rate (LKR)

Forex Exchange for Front





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What we do


Globally recognized for our excellence in market making, trading and international standard research, we are the leading independent equity brokerage in Sri Lanka. Our established governance practices and our capability to secure high-level corporate access, makes us a preferred broker to many international and domestic institutions, international brokers, high net worth individuals and retail clients.

A full-service brokerage firm, we offer clients a diverse and comprehensive range of services. They include seamless web based trading technologies, unmatched sales and trading capabilities, in-depth investment research of listed equities, and the setting up of margin trading facilities. Our clients include a wide spectrum of institutional, high net worth and retail investors. We also provide executing broking services for some of the world’s leading International Asset Managers as well as Frontier Specialist Brokers.

We have also built a strong track record in strategic placements and large block trades, with the recent Rs. 10.6 billion transaction in Commercial Credit and Finance Plc executed by us being the largest transaction on the CSE since 2012.

Our History


Asia Securities was founded in September 1990. Throughout its history company has been a pioneer in the local equity market and consistently been a market share leader in trading on the Colombo Stock Exchange. It was acquired in January 2015 by a consortium led by its current Chairman and with it came a further advancement of the company’s practices and capabilities towards international standards. Today the company’s clients and partners include leading local and global institutions, investment banks, High Net Worth individuals and active domestic retail investors.

Our Values


Integrity


  • Ensure that we always put our clients first and stay committed to a reputation of upholding the highest ethical standards in research, advisory and trading.

Insight


  • Generate ideas that give our clients a true edge in investment outperformance by providing deepest content and access in the market and a relentless focus on uncovering the “Story behind the story”

Innovation


  • Solve problems in new and unconventional ways, delivering research and insights in unique ways along with new product introductions leveraging our international access.

Board of Directors


Mr. Dumith Fernando

Chairman

Based in Colombo, Mr. Fernando is one of most experienced senior global investment bankers in Sri Lanka, with over two decades in the industry internationally. He is the former Managing Director and Group Chief Operating Officer of Credit Suisse, Asia Pacific, based in Hong Kong, and prior to that Chief Operating Officer of Asia Pacific Equities at both Credit Suisse and JP Morgan. He has also held various positions in corporate finance, M&A advisory, private equity investing and corporate strategy at JPMorgan in New York and Hong Kong. Mr. Fernando serves on the Board of Directors of the Colombo Stock Exchange. He is also a member of the Economic Policy Steering Committee of the Ceylon Chamber of Commerce, a Senior Advisor at Tybourne Capital Management (Hong Kong) as well as Non-executive Chairman of several early stage companies. Mr. Fernando holds a BA (Honors) in Physics & Economics from Middlebury College, USA and an MBA from Harvard Business School.

Mr. M.S.I. Marikar

Director & CEO

Mr. Marikar currently serves as the Chief Executive Officer of Asia Securities (Pvt) Ltd and was appointed to the Board in July 2006. His career spans over 30 years in the fields of Financial Services, Aviation and Logistics, with 18 years in the Stock Brokering Industry. He has held directorates in several high ranking organizations of which 14 years were in the capacity of Chief Executive Officer.

Mr. Arj Wignaraja

Non-Executive Director

Mr. Wignaraja, founder and Managing Director of the Asian operations of Remote Sensing Metrics, a US-Sri Lanka firm that analyses satellite imagery to provide insights to Wall Street hedge funds, also serves as Senior Advisor at the Colombo office of Stax, Inc., a strategy consulting firm (of which he was a founder and former MD). He has worked in the US at The Boston Consulting Group (BCG) and as a director at the Stax, Chicago office. A board member of several organizations, he holds an MBA from the Kellogg Graduate School of Management at Northwestern University, and a BA in Economics (Honors) from Princeton University.

Mr. Jithendran Gajendran

Non-Executive Director

A non-executive Director at Asia Securities, Mr. Gajendran is also a Director at Gajma & Co (Chartered Accountants), Ceylon Agro Products Holdings (Private) Limited and Linear Squared (Private) Limited. He holds a Bachelor of Science – Computer Science and Business Studies, from the University of Warwick, Coventry, UK.

Mr. Niroshan Wijekoon

Executive Director

With over 30 years’ worth of experience in the Stock Brokering industry, Mr. Wijekoon was appointed to the Board in 2004. A multi-talented personality, he brings an impressive track record and a wealth of experience to Asia Securities.

Mr. Sujendra Mather

Non-Executive Director

Managing Director of York Street Partners Pvt Ltd. (“YSP”). Prior to co-founding YSP, Mr. Mather has had 12 years of international Investment Banking and Corporate Finance experience at Houlihan Lokey Howard & Zukin (US), John Keells Holdings PLC  (Sri Lanka) and Deloitte & Touche Corporate Finance (Singapore). He sits on the National Agenda Committee of the Ceylon Chamber of Commerce for ‘Finance and Capital’ and a number of private and publicly listed companies. He received a B.A. in Economics-Mathematics from Claremont McKenna College in California, USA.

Management Team


Mr. Dumith Fernando

Chairman

Mr. Sabri Marikar

Director & CEO

Mr. Ajith Samarasundera

Senior Vice President
Operations & Treasury

Mr. Kanishka Perera

Senior Vice President
Research

Mr. Shiyam Subaulla

Senior Vice President
Institutional & HNI

Ms. Dinusha Gomes

Vice President
Foreign Trading

Mr. Subeeth Perera

Vice President
Retail Trading

Mr. Sanjeewa Perera

Vice President
Information Technology