New Insights

From left: Dr. Fernando Im, Senior Country Economist for Sri Lanka and the Maldives, The World Bank, Hon. Eran Wickramaratne, State Minister, Ministry of Finance and Mass Media, Dr. W A Wijewardana, Former Deputy Governor of the Central Bank of Sri Lanka, Prof. Indralal de Silva, Former (Chair) of Demography, University of Colombo, Prof. Amala de Silva, Department of Economics, University of Colombo at the panel discussion on "Demographic Change in Sri Lanka" moderated by Dr. Ramani Gunatilaka, International Centre for Ethnic Studies.

Armed with four of the best, a newcomer research company is preparing to catapult Sri Lanka into 21-century number crunching.
Independent Research, the local arm of a recently formed international partnership called Amba Outsourcing, arrived in Sri Lanka in September after checking out possibilities in India, Malaysia and the Philippines. rn

rnNow, three months later, the company is here to stay and to introduce local talent to the international culture of equity research.rn

rnThe four founding fathers of the company have over 35 years experience in investment banking in Asia coming from the top ranks from the likes of Goldman Sachs India, Deutsche Bank Asia, JP Morgan and Jardine Fleming.rn

rnOne of the four, Andrew Houston, a former MD from J P Morgan and Jardine Fleming, described Ambas work as ldblquote an equity research organisation, providing research to international companies.
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rnAs an equity research provider, Independent Research works as an extension of research divisions