IFM recognizes NDB, honours CEO
The International Financial Magazine (IFM) of UK, recently recognized NDB as the “Best Commercial Bank” in its financial recognition awards for Sri Lanka. Amongst some of the other winners in the country were NDB Investment Bank – The Best Investment Bank, National Savings Bank – Best Specialised Bank and HSBC – Best Internet Bank/ Best Foreign Bank.
IFM’s Financial Awards makes a synergetic effort to shine the spotlight on organizations in niche segments and those exhibiting brilliance in the unsung corners of finance industry. The recipients of the awards have to qualify on stringent parameters which not only includes their size and performance but also their contributions to the society through CSR initiatives.
Therefore with this award, IFM recognises NDB for the great strides the Bank has made in emerging as a competitive commercial bank in the industry while displaying exemplary corporate citizenship through sustainable business practices; resulting in substantial positive impacts on the economy, community and the environment in which it operates.
Commenting on the Sri Lankan financial awards Christopher Atkinson, Chief Editor of IFM said “Sri Lankan economy has grown at a rapid pace since 2009. International Finance Magazine identifies some key performers in the financial domain who have contributed to the growth of the nation. Many congratulations to the winners.”
The IFM in its award programme for Sri Lanka recognised Russell de Mel, Chief Executive Officer of NDB for his contribution towards the sector. Russell de Mel a banker with over 33 years of experience, commenting on having being recognised with the award for “Outstanding Contribution to Banking” said, “Personally, being recognised with this award is certainly an honour and a privilege especially at a very significant juncture of my life where I’m about to take the final bow from my 3 decade long career. Therefore, it is with humble gratitude that I accept this award.”
IFM, is an online finance resource headquartered in London, which provides information, analysis and insights for the global finance community with an aim to help readers understand the forces that drive the market better.