NDB Wins Award at the National Business Excellence Awards 2017

National Development Bank PLC emerged Runners Up under the banking category at the National Business Excellence Awards 2017, hosted by the National Chamber of Commerce. The 14th Edition of the National Business Excellence Awards, which recognize corporates who have excelled in business, was held on the 13th of December 2017 at Hilton, Colombo.

NDB’s Chief Executive Officer Dimantha Seneviratne accepted the award in the presence of a large gathering of top business leaders, leading business organizations, and diplomatic missions, including the Chief Guest - High Commissioner of Canada, David McKinnon.

The contenders for the Business Excellence Awards were evaluated by an eminent panel of judges over the past few months and judged on a newly structured Excellence Evaluation Model of 7 criteria, namely Excellence in Business and Financial Results, Capacity Building, Performance Management, Local and Global market Reach, Leadership, Corporate Governance, Corporate Social Responsibility and Environmental Sustainability. This Excellence Model has benchmarked some of the World’s best known excellence models such as the Deming Award of Japan, the Malcolm Baldridge National Quality Award of USA and the European Federation Excellence Model of Europe.