People’s Leasing & Finance PLC Clinches Silver at the CA Sri Lanka TAGS Awards 2023

People’s Leasing & Finance PLC (PLC), a dominant figure in Sri Lanka’s Non-Bank Financial Institutions (NBFI) sector, has once again demonstrated its commitment to excellence in financial reporting by securing the prestigious Silver Award at the CA Sri Lanka TAGS Awards 2023. This esteemed event, celebrated for its focus on transparency, accountability, governance, and sustainability in corporate reporting, was held at the iconic Shangri-La Hotel, Colombo, on December 12, 2023.

This year’s achievement marks a significant milestone for PLC as it continues to receive recognition for its Annual Report 2022/23, titled ‘Multi-Dimensional’. The report’s thematic focus on multidimensional growth and sustainability aligns seamlessly with the company’s dedication to digital advancement and robust corporate governance.

This accolade at the TAGS Awards further complements PLC’s recent triumphs in integrated reporting. Earlier this year, PLC received double honors at the CMA Excellence in Integrated Reporting Awards 2023, securing the “Best Integrated Report – Finance & Leasing – State” and a place among the “Ten Best” Integrated Reports. Additionally, the company made a remarkable impact at the ARC Awards in the USA, bagging three Gold Awards and a Bronze Award, alongside the distinguished Grand Award for Infographics.

Mr. Shamindra Marcelline, CEO of People’s Leasing & Finance PLC, commented on this series of achievements, saying, “Our consistent recognition at such prestigious platforms is a testament to our unwavering commitment to integrated reporting and transparent financial communication. These awards are not just accolades but affirmations of our dedication to excellence and sustainability in all aspects of our operations.”

Mr. Omal Sumanasiri, Assistant General Manager-Finance at PLC, emphasized, “Achieving success at the TAGS Awards, subsequent to our international and national accolades, highlights our standing as a frontrunner in transparent and responsible financial reporting. Our ongoing venture in integrated reporting, initiated in 2014, consistently emphasizes principles like reliability and comparability, steering us toward a sustainable and customer-centric future.”

People’s Leasing & Finance PLC, a subsidiary of the People’s Bank, has been a pioneering force in the financial sector since its inception in 1996. Its commitment to innovation, a diverse range of financial solutions, and a foundation of strong corporate governance has cemented its position as a leader in Sri Lanka’s financial landscape. These consecutive accolades at the national and international levels highlight PLC’s dedication to maintaining the highest standards in financial reporting and corporate transparency.