Sri Lanka’s most innovative bank, HNB PLC moved up several notches in the 2019 ranking of the nation’s most respected corporations. The Bank climbed 23 places higher than the previous year to clinch a place in the Hall of Fame of the Most Respected entities in Sri Lanka. Assuming the 11th place in the annual LMD-Nielsen business index, HNB continues to garner wide respect in financial performance, quality consciousness, walking the talk and management profiling, honesty, innovation and dynamism and corporate culture, which the rankings are based on.
The fifteenth annual edition of the Most Respected ranks the nations’ most admired corporations and this year’s edition adopted a revised methodology to gauge peer perceptions, based on a weighted ranking system. HNB has been a central actor in Sri Lanka’s most admired companies and admired as leading from the front ever since the rankings commenced in 2004.
Jonathan Alles, HNB’s Managing Director and Chief Executive said “recognition as a leader among LMD’s Most Respected entities stands as a further validation of the bank’s approach to business, stability and success. HNB remains unwavering in its commitment to drive transformational change and be a partner to the progress of many more Sri Lankans and to be a key contributor to Sri Lanka’s growth potential”.
“It is a privilege to be recognized by peers in the industry and a true honor for HNB to have received such an acclaim on a prestigious platform. I wish to extend my heartfelt gratitude to the entire Hatna Family for their unwavering commitment and support in executing our vision of a digitally vibrant, customer-centric, future-ready bank,” Alles went on to note.
HNB has undergone a remarkable transformation, firstly with substantial investments towards a comprehensive digitization and automation process of key back-office functions, followed by the establishment of centralized debt collection and document processing.
Similarly, the bank also works to introduce its SME customer base- which is among the largest in Sri Lanka – to digital, online and mobile payment solutions, in addition to Enterprise Resource Planning and business intelligence enabled by analytics, which when combined with the bank’s extensive partner and social networks, is leading to a grassroots economic rejuvenation across Sri Lanka.