Business

hSenidBiz appoints new Chief Strategy Officer 

hSenid Business Solutions PLC is a homegrown enterprise software company and the first company of its kind to be publicly traded. hSenid has grown its service and product portfolio for over two decades now and services a multitude of clients in various countries. Behind hSenid’s growth are its people and leadership team, who spearhead innovation in a strategic manner. 

hSenid Business Solutions appointed a new Chief Strategy Officer; Nilendra Weerasinghe, who will be focusing on strategy, corporate development, alliances, and partnerships along with the company’s positioning within global markets. His appointment will also help the company reach new frontiers in terms of strategy and partnerships. 

Commenting on his latest appointment as the Chief Strategy Officer at hSenid Business Solutions, Nilendra Weerasinghe said: “hSenid Business Solutions has made its mark as a leading Enterprise Software company in the region, active in over 40 countries. I am excited to join hSenid Business Solutions to further expand our global footprint and harness the massive market opportunity in the HCM software space globally.” 

Nilendra Weerasinghe is an investment banker with over a decade of experience and has held many senior management positions. He has executed several landmark mergers and acquisitions and equity capital raising across South Asia and the APAC region. His investment banking experience covers a diverse range of industries including; technology, banking, power and energy, real estate, healthcare, and consumer goods. He received a Bachelor’s degree in Computer Science and Engineering from the University of Moratuwa and a Master’s degree in Strategy and Operations from the National University of Singapore. He had his executive education in leadership at INSEAD, is a CFA Charterholder, and is an Associate Member of CIMA UK. He started his career in the Sri Lankan IT sector, and later got into investment banking, and has held many senior positions and spearheaded many Equity Capital transactions in Sri Lanka, Bangladesh, and the Maldives. He has also handled many mergers and acquisitions in the region. He has worked with a leading software developer in Japan and has also worked with a leading financial institution in Singapore. 

hSenid Group of Companies Chairman Dinesh Saparamadu commented on the appointment of Nilendra Weerasinghe and said: “His appointment is a game-changer for hSenid Business Solutions. We’re very optimistic that his addition to the hBS Senior Management team will help accelerate our journey towards international expansion. I’m also confident that his seasoned expertise and commitment to our people and hSenid will strengthen our position within the markets we operate in.” 

hSenid Business Solutions Chief Executive Officer (CEO) Sampath Jayasundara commenting on the appointment stated: “I would like to warmly welcome Nilendra to our hSenid family, and his addition to hSenid will be very crucial as he will lead acquisitions and growth in the APAC and MEA regions. We have an exciting journey to look forward to and I am confident that we will continue to grow with his leadership.”