HNB ranked among Sri Lanka’s ‘Most Admired Companies’ for third consecutive year

HNB PLC, the largest private sector retail bank, secured top rankings among Sri Lanka’s ‘Most Admired Companies’ for the third consecutive year.

Conducted jointly by the Chartered Institute of Management Accountants (CIMA) and International Chamber of Commerce, Sri Lanka (ICCSL), the evaluation for the awards found that the Top 10 Most Admired Companies specific common traits which had helped elevate their standing among Sri Lankan corporates.

These included creating a higher-purpose mission, seizing on digital opportunities via new platforms and business models, and ensuring that innovation was not isolated to a department but was a strategic capability.

HNB’s ranking was secured based on another year of excellent financial performance as well as its outstanding commitment to delivering value to customers, employees and the nation as a whole.

“The respect of our peers, and of the Sri Lankan public is possibly the greatest validation of our pioneering approach to banking. Over the past year, digital banking has become an integral part of our lives. In 2021, we will continue to fuel this technological transformation, to actively drive a vibrant revival of the national economy,” HNB CEO/Managing Director, Jonathan Alles said.

The 2020 list was compiled following a lengthy and rigorous evaluation based on globally accepted quantitative and qualitative criteria. Companies were evaluated on two rounds with their performance assessed under seven criteria – valuing human relationships, fostering teamwork, experimenting frugally, fulfilling commitments, fighting complacency, winning through multiple means and giving back to the community.