LOLC becomes first Lankan firm to be recognised with CIO 100 Award
„ LOLC’S Conrad Dias amongst 11 CIO Hall of Fame inductees—first Sri Lankan to be inducted to global CIO Hall of Fame
LOLC Holdings PLC has been listed among 100 honourees for 2020, amongst a list of esteemed global organisations, at the annual CIO 100 Awards.
It is the first time ever that a Sri Lankan company has been bestowed with the CIO 100 Award.
Meanwhile, Conrad Dias, LOLC’S former Group Chief Information Officer and current Director/ceo of LOLC Finance PLC and Director LOLC Holdings PLC, was selected as one of the 11 CIO Hall of Fame inductees for 2020, out of a pool of global CIOS, becoming t he first Sri Lankan CIO to be recognised to the Global CIO Hall of Fame.
The CI O 100 Awards celebrates 100 organisations and the teams within them that are using technology in novel ways to deliver innovative and groundbreaking solutions to customers. The award is a global hallmark of enterprise excellence.
This year, LOLC was listed amongst some of t he most renowned global corporates such as Bank of America Corporation, General Electric, GSK, JP Morgan Chase, Morgan Stanley, Mastercard, Nestle, Schniederand and many more.
IDG (International Data Group) CIO, the executivelevel IT media brand providing insight into business technology leadership, also announced the 2020 CIO Hall of Fame inductees. CIO’S Hall of Fame is a personal leadership award that celebrates outstanding achievement in information technology management.
The first Sri Lankan to be presented with the CIO Hall of Fame award, Dias joined the LOLC group as its Group CIO back in 2006, when the company was only engaged in a single line of business (financial services), with just 17 branch locations in the country. As Group CIO, Dias spearheaded the entire technology and business transformation in the group that is now spanning across both local and international operations.
Dias was the driving force behind the group’s I CT strategy and execution for its transition to 300+ locations, connected online, real-time with 50+ business entities spanning multiple business lines, including trading, manufacturing, plantations and leisure, apart from the group’s core financial services. Many of Dias’ initiatives within the LOLC group are considered as the ‘firsts’ in the country.
Speaking about this global recognition, LOLC Group Managing Director/ceo Kapila Jayawardena said, “The LOLC group has transformed to an absolutely tech-driven organisation. This has helped us to innovate more effectively and use technology to solve various business needs. At LOLC, we are keenly using technology to drive and deliver business value by optimising our processes, improving customer relationships and experiences that enable growth. We believe that this will be a solid foundation for our future growth as we continue to expand as an international organisation. The CIO 100 Award is a great honour and it is a reaffirmation that we are heading in the right direction.”