Lankapage Logo CP 22 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* HNB ranked among ‘Top 10 Most Admired Companies’ for 4th consecutive year
Thu, Oct 14, 2021, 10:36 am SL Time, ColomboPage News Desk, Sri Lanka.

Oct 14, Colombo: Sri Lanka’s leading private sector bank HNB PLC, was ranked among the top 10 Most Admired Companies in Sri Lanka for the fourth consecutive year.

In a year that challenged even the strongest organizations, HNB was recognized, not just for its financial performance but also for the value created for shareholders, customers, employees, and the wider community. The Bank has proven its mettle with consistency, authority and sustainable growth, creating excellence in business performance which have inspired other organizations and entrepreneurs.

“We are delighted to be among Sri Lanka’s most admired companies as the respect of our peers and the general public is one of the strongest validations of our pioneering approach to banking. Over the past year, digital transformation was integral for business continuity and offered citizens a safe and convenient mode of completing transactions. The technologies that we have deployed will serve as the bedrock for a new decade of technologically empowered growth, adding greater value to our customers and stakeholders. We pledge to continue fueling this technological transformation to revive the national economy actively,” HNB Managing Director / CEO, Jonathan Alles said.

A collaborative effort by the Chartered Institute of Management Accountants (CIMA) and the International Chamber of Commerce Sri Lanka (ICCSL), the Most Admired Companies are selected under stringent evaluation based on globally accepted criteria. The initial round consisted of a financial evaluation by a team of CIMA members, after which the Top 20 organizations were chosen from a group of nearly 50.

For the second round, companies had to present to a panel of judges, each scoring independently on multiple attributes such as the ability to attract and retain talent, quality of products and services, innovativeness, effectiveness in doing business globally, role in community, environmental, social and corporate governance principles, as well as a track record of integrity and work against corruption in all its forms. An interactive session followed the presentation with the management team and judges to assess how the companies adopted the business practices.

Notably, a survey link was shared with the general public earlier this year to nominate the organizations they felt were the most admired in Sri Lanka. The nominees were invited for the competition, while the adverts ensured other organizations applied as well.

The recognition is the most recent in a string of accolades bestowed on HNB regarding its transformational approach to banking. Earlier this year, HNB achieved an important milestone in its transformation journey when it was ranked once again among the Top 1,000 World Banks by the prestigious UK-based The Banker Magazine for the fifth time in a row. The bank was also recognized as the ‘Best Retail Bank in Sri Lanka’ by the Asian Banker Magazine on eleven occasions and is ranked among the Top 3 Companies in Sri Lanka by Business Today Magazine.

 

ColomboPage - Recent 10 Stories ::
Ex-pack makes an announcement
-- [52 minutes ago]
Justice Minister to present two Amendment Bills and a Regulation in Parliament
-- [59 minutes ago]
Provincial council elections will be held after revising the electoral system - Media Minister
-- [1 hour and 5 minutes ago]
Inaugural flight to Kushinagar International Airport leaves from Sri Lanka
-- [2 hours ago]
Lack of fertilizer has affected tea production, minister acknowledges
The first consignment of 3.1 million liters of nitrogen liquid fertilizer to arrive in Sri Lanka tonight
Cabinet approves amendments to five bills to stop cattle slaughter
Coronavirus update: 548 new COVID-19 cases identified Tuesday, total rises to 532,766
Imports of approved pesticides and herbicides allowed
Airport employee arrested with Rs. 70 million worth of gold

Copyright © 2000, 2020 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.