Bank clinches special award for overall excellence in annual financial reporting
Sri Lanka’s leading private sector bank HNB PLC bagged two silvers and a bronze, a total win of three awards at the recently concluded Chartered Accountants of Sri Lanka’s 55th Annual Report awards.
The Bank was bestowed the Silvers for excellence in the banking institution and corporate governance disclosure categories and the bronze for overall excellence in annual financial reporting, in true testament to HNB’s commitment to sound corporate governance.
HNB’s Chief Financial Officer, Anusha Gallage said, “It is an honour to be recognized for our leadership in financial reporting. HNB is conscious of the diverse needs of our stakeholders and has put in place robust mechanisms to ensure that corporate governance principles are embedded in our culture. This award inspires us to continue to re imagine banking and do even better for our customers, employees and stakeholders.”
“Transparency, accountability and corporate responsibility are important if Sri Lanka is to achieve a sustainable financial system that is on par with global standards. We believe that our annual reports and disclosures are vital towards providing all stakeholders with a clear and accurate snapshot of our performance. We are honoured to once again have been presented with such prestigious accolades at this year’s awards as well” said an upbeat, Gallage
Organized by the Institute of Chartered Accountants of Sri Lanka (CA), the awards recognize as an important corporate level competition which promotes the attributes which are vital elements of good corporate practice. As in previous years, the event attracted participation from the crème of the Country’s corporates with 130 entries across every sector of the domestic economy.
The gala event was held under the patronage of Chief Guest, State Minister for Trade and Consumer Affairs, Hon Anura Priyadarshana Yapa.
HNB is at the forefront of leveraging digital technology to shape the future of banking and was recently applauded as one of top three corporates at the Ceylon Chamber of Commerce (CCC) Best Corporate Citizen Awards. At this event, the Bank was plied with seven awards, evidence of its commitment to values of social, economic and environmental sustainability across its products, services and operations.
This year, HNB was adjudged the Number One business entity among top Sri Lankan corporates by Business Today and has been receiving continuous praise for its pioneering initiatives across the entire spectrum of its operations. The Bank was also judged ‘Best Managed Bank in Sri Lanka by the prestigious Asian Banker Magazine while the Bank’s Managing Director/CEO, Jonathan Alles was conferred with Asian Banker’ CEO Leadership Achievement’ award.
Among its several accolades, HNB was also declared ‘Sri Lanka’s Best Bank’ for 2019 by Euromoney Magazine for the third time, in addition to being ranked among the World Top 1000 Banks list compiled by the prestigious UK-based, Banker magazine, further strengthening its status as Sri Lanka’s pre-eminent private sector bank. Recently, HNB was also recognised among the ‘Top 10 Most Admired Companies in Sri Lanka’ by the International Chamber of Commerce, Sri Lanka and Chartered Institute of Management Accountants (CIMA). HNB’s remarkable track record of excellence secured it the first place ranking ahead of all Sri Lankan banks included in the LMD Top 100 Club – a position which was evaluated based on its performance over the past 25 years.