Returning for the fourth consecutive year, the partnership reflects First Capital’s continued dedication to building bridges between academia and the financial services industry.
MAGNATE 2025 brought together emerging talent, thought leaders, and industry professionals through keynote discussions, panels and competitions that explored the theme of transforming finance in an era of disruption and digital change.
The event provided an engaging platform for university students to connect theory with practice, showcasing innovative financial solutions and strategic ideas for the future of the industry.
Delivering the keynote address on “Transforming the Financial Ecosystem through Disruptive Finance,” Atchuthan Srirangan, Vice President – Corporate Finance & Advisory at First Capital Holdings PLC, shared perspectives on how innovation and collaboration are shaping the evolution of financial systems.
“At First Capital, we believe transformation begins with knowledge and curiosity,” he said.
“Through initiatives like MAGNATE, we aim to inspire students to think beyond traditional frameworks and explore solutions that can redefine Sri Lanka’s financial ecosystem.”
Adding depth to the dialogue, Mithila Abeysekera, Chief Technology & Digital Officer at First Capital Holdings PLC, served as a member of the judging panel, evaluating student presentations focused on technology-led financial innovation.
Reflecting on the initiative, he noted,
“Technology and finance are deeply interconnected. By encouraging young minds to explore this intersection, we are helping shape a future-ready generation that can drive meaningful progress in the industry.”
First Capital’s sustained involvement in MAGNATE goes beyond sponsorship, reflecting a genuine investment in developing Sri Lanka’s next generation of financial professionals.
Through its active participation, delivering thought leadership, engaging in mentorship and supporting knowledge-sharing - the company continues to strengthen its brand positioning as a financial institution deeply committed to education, innovation, and leadership.
By empowering young leaders and nurturing a spirit of inquiry and collaboration, First Capital continues to play an active role in shaping Sri Lanka’s financial landscape and driving a culture of progress that benefits both individuals and the wider economy.
About First Capital Holdings PLC
First Capital Holdings PLC is a listed full-service investment institution in Sri Lanka, operating as a primary dealer, corporate finance advisor, wealth manager and stockbroker.
With strong emphasis on upholding stability, fostering a competitive advantage, and providing an exceptional customer experience, together with the support of JXG (Janashakthi Group), First Capital focuses on staying true to its ‘Performance First’ ethos.
The company has been recognised as the Most Valuable Consumer Brand in the Investment Banking sector by Brand Finance for two consecutive years.
With over four decades of expertise in providing capital market solutions, the Credit Ratings of First Capital Holdings PLC and First Capital Treasuries PLC (subsidiary) were upgraded by Lanka Credit Rating Agency Limited (LRA) from “A” to “A+” with the outlook revised from positive to stable.
Photo Caption Left to Right - Atchuthan Srirangan, Vice President – Corporate Finance & Advisory at First Capital Holdings PLC and Mithila Abeysekera, Chief Technology & Digital Officer at First Capital Holdings PLC

