People’s Bank felicitates team responsible for 2020 ARC ‘Sri Lanka’s Best’ award win
People’s Bank Chairman Sujeewa Rajapakse and its Chief Executive Officer/general Manager Ranjith Kodituwakku recently felicitated the bank’s team responsible for its recent ‘Best in Sri Lanka Grand Award Win’, at the International ARC Awards for its 2019 annual report titled ‘Frontier’.
In addition, the bank bagged five other awards, which included two Gold and three Silver.
The ARC Awards is the largest annual report competition in the world and one considered by the financial community as the Academy Awards for annual reports, having spanned for over 30 years. The contest attracts numerous entrants from around the globe, covering corporate and organisations from diverse sectors and those of varying nature and scope.
Commenting on the win Rajapakse stated, “The Grand Award win is a first for People’s Bank. To be amongst the Top 50 Grand Award Winners in the World from over 1,690 submissions across 29 plus countries, following a multi-tiered independent evaluation process by a panel of over 30 distinguished judges – is indeed heartfelt and a source of great pride.
A visually engaging and an all-encompassing annual report serves as an important reminder of our successes whilst navigating through challenging times and other limiting circumstances. As a state institution, we have demonstrated that our reporting framework is not just in line with the best practices but one of an award-winning international standing and so is our team responsible.
I join my fellow colleagues on the board of directors, to extend our sincere appreciation and warmest best wishes to the entire finance team of People’s Bank for this remarkable achievement. At People’s Bank, we fully appreciate that our employees are undoubtedly our most treasured asset.”
Kodituwakku stated, “The win also serves as ample testimony to our unrelenting drive to provide a three sixty degree view for the benefit of all our stakeholders covering all aspects of business operations both from a quantitative and qualitative perspective.
Stakeholder engagement remains core to our corporate activities and the integrated annual report serves as a vital tool for this purpose. Efforts of our entire finance team much valued. Looking ahead, with a commitment to continuously enhance all aspects of our business operations, we look forward to the future with a great degree of optimism.”