Asia Finance Unions Push Socially Responsible Reform at SAFSUC Colombo

Finance sector unions from Sri Lanka, India, Pakistan, Nepal, and Bangladesh have pledged to advance socially responsible finance and regional cooperation at the 2nd South Asia Finance Sector Unions Conference (SAFSUC) in Colombo.

Discussions centred on digitalisation, climate change impacts, and workers’ rights. Goals include expanding union presence in under-represented sectors like BPOs and fintech, and empowering youth and female leadership. A cooperation MoU was signed between unions in Sri Lanka and Nepal. L Chandrasekhar (India) was elected SAFSUC president, with Bikash Shrestha (Nepal) as deputy and Sachini Wijesekara (Sri Lanka) as secretary. The executive team will present a regional workplan at the UNI Apro Finance Sector Conference in Manila this October.