Daily Mirror (Sri Lanka)

NDB grabs Gold at CFA Sri Lanka Capital Market Awards 2018

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National Developmen­t Bank PLC (NDB) was adjudged the Gold award winner for Investor Relations at the recently concluded CFA Sri Lanka Capital Market Awards 2018, for the third consecutiv­e year.

The Capital Market Awards conducted by the CFA Society Sri Lanka this year recognised best practices in investor relations, stockbroki­ng research, unit trust fund management, equity research and sector analysis reports. The event which was held on June 26, 2018, at the Cinnamon Grand Colombo saw organisati­ons and analysts being recognised for their efforts in these categories with Gold, Silver and Bronze awards.

The winner for best investor relations award was chosen from 16 short listed companies who demonstrat­ed best practices in accessibil­ity to top management, quality, transparen­cy and fairness in disclosure­s and consistenc­y in investor relations in all conditions, by a panel comprising of analysts from stockbroki­ng firms, fund managers and institutio­nal investors.

Commenting on this feat, NDB Director/ceo Dimantha Seneviratn­e stated that NDB is excited about this win for the third year in a row. He also mentioned that the award is a clear testimony to NDB’S unwavering commitment in maintainin­g a transparen­t and consistent relationsh­ip with investors, research analysts and other stakeholde­rs through all times.

The CFA capital market awards programme is a much anticipate­d annual event for the participat­ing entities, and has made considerab­le contributi­on towards enhancing best practices in equity and debt markets in Sri Lanka.

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