Sri Lanka's leading private sector bank, HNB PLC was once again recognised as one of the country's top ten 'Most Admired Companies' at a gala ceremony yesterday.
Organised by the International Chamber of Commerce, Sri Lanka (ICCSL) and the Chartered Institute of Management Accountants (CIMA) Sri Lanka, the event was attended by Sri Lanka's most successful listed and non-listed corporates as well as Prime Minister of Sri Lanka Ranil Wickremasinghe as Chief Guest with Indian High Commissioner Taranjit Singh Sandhu serving as Guest of Honour.
The awards are the only one of its kind to recognise Sri Lankan companies that create sustainable value ethically for their employees, customers, investors and the community at large.
"We are honoured to have been recognised as one of the top ten most admired companies in Sri Lanka once again. This is an excellent achievement which showcases our commitment to excellence, service and the community," Managing Director and Chief Executive Officer HNB, Jonathan Alles said.
Companies were ranked to a qualitative and quantitative criteria which included financial soundness, long-term investment value creation, earnings growth and dividend payout in addition to quality of management, products and services, competitiveness, ability to attract, develop, and keep talent, innovation and environmental, social and corporate responsibility, including a track record of integrity and business ethics.
The awards were presented following a lengthy and rigorous evaluation, based on globally accepted quantitative and qualitative criteria, overseen by an eminent and distinguished panel of judges. They included- Ravi Abeysuriya (Chairman), Dr. Harsha Cabral, Deepal Sooriyaarachchi, Sujeewa Rajapakse and Aroshi Nanayakkara.