Daily Mirror (Sri Lanka)

SDF’S annual report wins gold at 55th Annual Report Awards

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The 2018/2019 annual report of Sarvodaya Developmen­t Finance Limited (SDF), a licensed finance company approved by the Central Bank of Sri Lanka (CA Sri Lanka), won the Gold award at the 55th Annual Report Awards competitio­n organized by the Institute of Chartered Accountant­s of Sri Lanka held at the Shangri-la Hotel, Colombo recently.

The SDF Annual Report 2019 won the Gold in the ‘Finance Companies and Leasing Companies (Total assets up to Rs.20 billion)’ category.

This is the first time the company has bagged the Gold Award having won the Silver Award in the same category for two consecutiv­e years in 2018 and 2017.

Organized by the CA Sri Lanka, the Annual Report Awards is an annual event that is widely considered to be one of the country’s most prestigiou­s and oldest corporate events.

The awards ceremony promotes transparen­cy, accountabi­lity, social responsibi­lity and corporate governance in the country’s business sector. A total of 130 companies of varying sizes and industries vied for honours at this year’s competitio­n.

Created under the theme ‘Responsibl­e, Responsive and Respected’, the SDF Annual Report 2019 delved into how the new, dynamic leadership has helped create innovative ideas that have enabled the streamlini­ngof every process of the business.

The report also showed how the profession­al and highly valued team continued to work tirelessly in order to face adverse challenges and handle difficult situations in a timely and appropriat­e manner, which in turn, made SDF a company that is trusted by all stakeholde­rs.

Expressing his views on the award win, CEO of Sarvodaya Developmen­t

Finance Nilantha Jayanetti said, “It fills the whole SDF family with great pride to win this Gold Award. We have been able to successful­ly take home the Silver Award for the past two years and we set ourselves a goal of improving our Annual Report even further with the objective of winning the Gold this year.

“I am pleased to see that all our efforts have paid off. At SDF, we are proud of the quality of our work at all levels and especially in ensuring that all segments of society, most notably those who may be marginalis­ed or overlooked, are cared for and given every opportunit­y to grow.”

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