Mr Naomal Goonewardena > Nithya Partners > Colombo, Sri Lanka > Lawyer Profile

Nithya Partners
Sri Lanka
Naomal Goonewardena  photo

Work Department

Corporate, Commercial & M&A/ Banking & Finance/ Tax


Precedent Partner


Mr. Naomal Goonewardena is one of the most established capital market lawyers in the country, with over 30 years of experience in the Sri Lankan financial sector, sourcing a strong portfolio of local and international clientele, spanning local corporates to major global investment banks and multinationals. In testament to his legal proficiency in diverse financial law related areas of practice including international bond issues, securitisations, debt syndications, derivatives, taxation and foreign direct investments, he has acted as the local legal counsel on multiple International Bond Issuances and large syndicated loans involving both the Government of Sri Lanka as well as public sector and private sector banks and corporates. Mr. Goonewardena was admitted as an Attorney at Law by the Supreme Court of Sri Lanka in 1986 and has a Master’s in Business Administration (MBA) from the University of Sri Jayewardenepura, Sri Lanka. He is also a Chartered Financial Analyst (CFA), an Associate Member of the Institute of Chartered Accountants of Sri Lanka (ACA) and an Associate Member of the Chartered Institute of Management Accountants, UK (ACMA). He has also attended numerous professional legal and finance based trainings in the Asian and European regions.



English, Sinhala


Bar Association of Sri Lanka (BASL)

Lawyer Rankings

Sri Lanka > Tax

(Leading individuals)

Naomal GoonewardenaNithya Partners

The team at Nithya Partners advises on the full scope of tax work, including income tax, investments, reimbursements and loan loss-related matters. The group has established expertise in representing clients in appeals before the Supreme Court, for example acting for Setmil Developers Lanka in an appeal involving a broad array of tax issues. Practice head Naomal Goonewardena and associate Prashanthi Vignanantha are the key practitioners to note in the department.

Sri Lanka > Banking and finance

(Hall of Fame)

Naomal GoonewardenaNithya Partners

The team at Nithya Partners acts for entities such as the State Bank of India and Bank of China Limited in a range of banking and finance matters. The group’s workload includes advising on ultra-high-value facility agreements in international contexts, assisting local banks with loan agreements, and handling the regulatory aspects of transactions. Practice head Naomal Goonewardena and senior associate Chalani Dissanayake are the key figures to note. In September 2023 Peshala Attygalle departed for an in-house role.

Sri Lanka > Corporate and M&A

The practice at Nithya Partners is well known for advising clients from the banking, financial services and consumer goods sectors, among others, on the full array of corporate work. Regulatory matters, corporate restructurings and transfers of ownership are prominent in the team’s workload. The group’s corporate expertise also dovetails with its strength in assisting clients with shareholders’ rights issues, IPOs, and acquisitions of shares. Naomal Goonewardena heads up the cohort alongside M&A expert Nirusha Ratnatunga.