Business
Mahindra IDEAL Finance among 15 Best Workplaces for Millennials in Sri Lanka – 2022
One of Sri Lanka’s fastest-growing licensed finance companies, Mahindra IDEAL Finance Limited recently marked yet another milestone on its journey of being an employer of choice, as it was ranked amongst the 15 Best Workplaces for Millennials™ in Sri Lanka 2022, by Great Place to Work®. The achievement is significant as Mahindra IDEAL Finance has been working hard to position itself and deliver on being the employer of choice for young professionals looking to build careers in the financial services space. The accolade was presented to Mahindra IDEAL Finance Limited at the Great Place to Work® in Sri Lanka awards ceremony, held on the 6th of September 2022 at the Hilton Colombo.
Expressing pleasure at receiving the accolade, Mr Duminda Weerasekare, Chief Executive Officer at Mahindra IDEAL Finance said, “It is a privilege to be ranked among the 15 Best Workplaces for Millennials™ in Sri Lanka for 2022. We believe our sincere intention of caring for and moulding our young team, while moving forward despite external challenges, has been recognized. This also helps us to better present our proposition to young professionals considering a career in the financial services sector, as we are presently in the midst of a massive islandwide network expansion drive. If you are looking to make a name for yourself in this space, then Mahindra IDEAL Finance could be the ideal platform for you.”
From its inception, Mahindra IDEAL Finance has been committed to being a caring and trustworthy employer, understanding the fundamental truth that human capital is the most valuable capital of all. Particularly during the pandemic, the Company went to exceptional lengths to ensure the safety, security and health of its employees in all aspects, both physical and psychological, at work and at home. Mahindra IDEAL Finance has also striven to foster and drive a performance-based culture that provides a meritocratic mechanism for advancement to provide maximum potential for personal and professional development, in the shortest possible time. The Company values each of its team members individually and is keenly cognizant of their roles in making Mahindra IDEAL Finance one of Sri Lanka’s leading and fastest-growing licensed finance companies.
The ranking of the Great Place to Work® List of Best Workplaces for Millennials™ in Sri Lanka 2022 was undertaken in accordance with Great Place to Work®’s rigorous 2 lens model of the Trust Index© employee survey and the Culture Audit© people practice analysis framework and matched the global qualification criteria required to be a Great Workplace. The study was conducted by assessing 72,350 employees at an 85% response rate across more than 160 organizations in Sri Lanka from July 2021 to June 2022. Nearly 20,000 Millennials responded to the anonymous survey. The assessment for the list of Best Workplaces for Millennials also further considered organizations with 20% or more millennials, with 70% or more having a positive perception of their employer. Organizations that scored higher on collaboration, work-life balance, non-discrimination by age, meaningful work, making a difference, contributing to society and pride in the organization, attributes considered valuable by millennials, were also ranked higher in the list.
Having been tipped as one of the Best Workplaces ™ in Sri Lanka for 3 years consecutively, Mahindra IDEAL Finance Limited is an employer of choice within the financial services space in Sri Lanka. The Company’s rapid network expansion drive, which is creating many new opportunities for young and aspiring professionals, was launched subsequent to Mahindra and Mahindra Financial Services Limited, India acquiring a controlling stake in IDEAL Finance Limited in 2021, soon after which Fitch Ratings upgraded the Company’s rating to AA – (lka) with a stable outlook, in recognition of the Company now being backed by a global financial services giant.
Business
AHK Sri Lanka champions first-ever Sri Lankan delegation at Drupa 2024
The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) proudly facilitated the first-ever Sri Lankan delegation’s participation at Drupa 2024, the world’s largest trade fair for the printing industry and technology. Held after an eight-year hiatus, Drupa 2024 was a landmark event, marking significant advancements and opportunities in the global printing industry.
AHK Sri Lanka played a pivotal role in organising and supporting the delegation, which comprised 17 members from the Sri Lanka Association for Printers (SLAP), representing eight companies from the commercial, newspaper, stationery printing, and packaging industries. This pioneering effort by AHK Sri Lanka not only showcased the diverse capabilities of Sri Lanka’s printing sector but also facilitated vital bilateral discussions with key stakeholders from the German printing industry.
Business
Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness
In a captivating reimagining of luxury wellness tourism, Browns Hotels & Resorts proudly unveiled the exquisite Ayugiri Ayurveda Wellness Resort Sigiriya. This momentous occasion, celebrated amidst a vibrant and serene grand opening on the 6th of June, heralds a new chapter in the Ayurveda wellness tourism landscape in Sri Lanka. Nestled amidst 54 acres of unspoiled natural splendour, Ayugiri features 22 exclusive suites and stands out as the only luxury Ayurveda wellness resort in the country offering plunge pools in every room, rendering it truly one-of-a-kind.
The grand opening of Ayugiri Ayurveda Wellness Resort was an enchanting event, where guests were captivated by the melodies of flutists and violinists resonating through Sigiriya’s lush landscapes. As traditional drummers and dancers infused the air with vibrant energy, Browns Hotels & Resorts’ CEO, Eksath Wijeratne, Kotaro Katsuki, Acting Ambassador for the Embassy of Japan and General Manager, Buwaneka Bandara, unveiled the resort’s new logo, marking a significant moment witnessed by distinguished guests from the French Embassy, Ayurveda and wellness enthusiasts along with officials from the Sigiriya area, LOLC Holdings and Browns Group.
“Our strategic expansion into wellness tourism with Ayugiri Ayurveda Wellness Resort Sigiriya symbolises a significant milestone for Browns Hotels & Resorts. Wellness tourism has consistently outperformed the overall tourism industry for over a decade, reflecting a growing global interest in travel that goes beyond leisure to offer rejuvenation and holistic well-being. By integrating the timeless wisdom of Ayurveda with modern luxury, we aim to set a new standard in luxury wellness tourism in Sri Lanka. Whether your goal is prevention, healing, or a deeper connection to inner harmony, Ayugiri offers a sanctuary for holistic well-being” stated Eksath Wijeratne.
Ayugiri encapsulates the essence of life, inspired by the lotus flower held by the graceful queens of the infamous Sigiriya frescoes. Just as the lotus emerges from the murky depths, untainted and serene,
Ayugiri invites guests on a journey of purity and rejuvenation, harmonised with a balance of mind, body and spirit, the essence of nature, echoes of culture and the wisdom of ancient Ayurvedic healing.
Business
HNB General Insurance recognized as Best General Bancassurance Provider in Sri Lanka 2024
HNB General Insurance, one of Sri Lanka’s leading general insurance providers, has been honored as the Best General Bancassurance Provider in Sri Lanka 2024 by the prestigious Global Banking and Finance Review – UK.
The esteemed accolade underscores HNB General Insurance’s unwavering commitment to excellence and its outstanding performance in the field of bancassurance. Through dedication and hard work, the HNB General Insurance team has continuously endeavored to deliver innovative insurance solutions, cultivate strong relationships with banking partners, and provide unparalleled service to customers nationwide. This recognition is a testament to the team’s dedication and relentless pursuit of excellence in the bancassurance business.
“We are honored to receive this prestigious award, which reflects our team’s tireless efforts and dedication to delivering value-added insurance solutions and exceptional service through our bancassurance partnerships,” said Sithumina Jayasundara, CEO of HNB General Insurance. “This recognition reaffirms our position as a trusted insurance provider in Sri Lanka and motivates us to continue striving for excellence in serving our customers and communities.”