First Capital Reinforces Commitment to Financial Innovation and Youth Leadership as Title Sponsor of MAGNATE 2025

November 15, 2025 at 2:13 PM

First Capital Holdings PLC, a leading full-service investment institution under Janashakthi Group (JXG), has once again stepped forward as the Title Sponsor of MAGNATE 2025, the flagship annual finance and leadership forum organised by the Finance Students’ Association of the University of Colombo’s Faculty of Management & Finance.

This year marks the fourth consecutive time that First Capital is partnering with the event an engagement that reflects the company’s long-term commitment to strengthening the bridge between academia and the financial services industry.

MAGNATE 2025 brings together undergraduates, emerging young professionals, industry leaders, and innovators for a series of expert discussions, interactive forums, workshops, and competitions. The program focuses on exploring the future of finance, emerging technologies, and disruptive innovations shaping the financial ecosystem.

Driving Disruptive Innovation in Finance

Delivering insights under the theme “Transforming the Financial Ecosystem through Disruptive Finance,”
First Capital’s Deputy Chairman (Institutional Finance) and Advisor, Mr. Aruthan Srirangan, emphasised the company’s strong belief in fostering curiosity and knowledge among young minds.

“True transformation begins with curiosity and understanding. Through platforms like MAGNATE, we encourage students to challenge traditional models and explore forward-thinking solutions that can redefine Sri Lanka’s financial landscape,” he said.

Recognising Future-Ready Financial Talent

First Capital’s Chief Technology & Digital Officer, Mr. Mithil Abeywickrama, also served on the MAGNATE 2025 judging panel, evaluating student submissions on tech-driven financial innovation.

“Finance and technology are no longer separate disciplines they thrive together. By empowering young thinkers to innovate at this intersection, we help build a generation capable of driving meaningful progress and adapting to future challenges,” Mr. Abeywickrama noted.

A Partnership Beyond Sponsorship

The longstanding collaboration between First Capital and MAGNATE goes beyond financial sponsorship. It represents a sustained investment in cultivating a skilled, forward looking generation of finance professionals for Sri Lanka. Through mentorship, knowledge sharing, and active industry involvement, First Capital continues to position itself as an organisation deeply committed to education, innovation, and leadership.

Empowering the Next Generation

Through initiatives like MAGNATE, First Capital aims to nurture young leaders who are equipped with critical thinking, digital fluency, and strong teamwork capabilities attributes essential for shaping the future of Sri Lanka’s financial sector and contributing to long-term economic growth.