People’s Bank wins big at the Best Management Practices Company Awards 2024
People’s Bank has been recognized yet again for its excellence in management practices with two awards at the Best Management Practices Company Awards 2024. The bank was selected as the Category Winner in the Government, Semi-government and Authorities Category and the Category winner of the Banking Sector- Public at the Management Practices Company Awards 2024. This is a true testament to the bank’s commitment to delivering the highest standards of service and innovation to its customers. The awards ceremony was held recently at the Cinnamon Grand Hotel, Colombo, and attended by senior executives from various industries.
Among multiple contributory factors that were considered for the awards, one novel concept that received special attention from the jury’s was the establishment of a Self Wellness Centre under the auspices of our Human Resources Department, for the benefit of the People’s Bank staff. This specialized unit, developed in collaboration with industry experts, aims to support the emotional wellbeing of our staff. People’s Bank’s commitment to employee welfare and innovation in human resources management underscores bank’s dedication to fostering a supportive work environment.
The Best Management Practices Company Awards is an annual event organized by the Institute of Chartered Professional Managers of Sri Lanka. The evaluation process for the award includes a written submission and an oral presentation to an elite panel of professionals. People’s Bank’s careful evaluation of the synopsis and oral presentation has led to their recognition as the best in their category.
Mr. Sujeewa Rajapakse, Chairman of People’s Bank, attributes this honor to the values held by People’s Bank. “This prestigious award is a reflection of, not only our dedication, but also the principles that define us. With a history spanning over 62 years, People’s Bank stands as a beacon of trust and reliability, thanks to the collective effort that goes into our daily operations. As we celebrate this milestone, I want to express my appreciation for our remarkable team. Looking forward, I am confident in a future filled with continued growth, innovation, and an unwavering commitment to our customers and community.”
Mr. Clive Fonseka, CEO/GM at People’s Bank, expresses joy in the bank’s achievement, emphasizing commitment to customers and the wider community. “At People’s Bank, our customers are at the heart of everything we do. This award is a testament to our dedication and the positive impact we strive to make. Despite past challenges, People’s Bank has demonstrated resilience and done a great job. As we look ahead, we are confident about the future, focused on building on our success, and excited about upcoming projects that will uphold our good name.”
The recognition received by People’s Bank underscores the bank’s commitment to excellence in management practices and its efforts to continuously improve its operations and services.
People’s Bank is the country’s Premiere Licensed Commercial Bank with Sri Lanka’s largest banking footprint composed of 747 branches and service centers. With a history spanning over 62 years, the Bank benefits from a staff strength of over 7,300 who tirelessly and diligently serve over 14.7 million customers and over 19.0 million account relationships, which is by far the largest for any financial services provider in the country.