Business
People’s Bank’s 2021 Annual Report recognised at the CMA Excellence in Integrated Reporting Awards 2022
People’s Bank, Sri Lanka’s Premier Licensed Commercial Bank, was recognised by the Institute of Certified Management Accountants of Sri Lanka (CMA) for its 2021 Annual Report as one of the top ten ‘Best Integrated Annual Reports” in the country at the recently concluded CMA Excellence in Integrated Reporting Awards 2022. The integrated reports are evaluated using guidelines applicable in the International Integrated Reporting Framework as issued by the International Integrated Reporting Council in 2013. The evaluation takes into account not only financial information but also non-financial and other qualitative aspects of reporting
The recognition ceremony held annually by CMA encourages Sri Lankan companies to undertake integrated reporting that will be beneficial to their investors and stakeholders. Speaking about their accomplishments Sujeewa Rajapakse, Chairman of People’s Bank said, “We are very proud of the achievements of our team at People’s Bank and for their commitment to ensuring these global best practices are adhered to. People’s Bank has been recognised for its strategic focus in the short, medium, and long term. The sharing of information, the value creation provided to our customers and completeness in our service offerings.”
Ranjith Kodituwakku, Chief Executive Officer/General Manager of People’s Bank added, “The team at People’s Bank have excelled in adapting and responding to the needs of an ever-changing business environment where it is of paramount importance to showcase intangible and non-financial assets, that are determinants of long-term value creation. People’s Bank, as a leading bank in Sri Lanka, is changing the way we communicate our value created for the benefit of all our stakeholders and are delighted to be recognised for it by CMA Excellence in Integrated Reporting Awards 2022.”
Azzam A. Ahamat, Head of Finance at People’s Bank speaking about this accolade, stated: “Our integrated annual report titled “Multifaceted Brilliance” ultimately tells our story of success and challenge on a three-hundred-and-sixty-degree basis covering both quantitative and qualitative aspects of our business operations; providing insights into our strengths and stress points in what was, and continues to be, a highly challenging market environment. The objective is to carry out our services in the most concise and transparent manner. Being among the top 10 Best Integrated Annual Reports in the country attests to this commitment and our continuing effort to set new benchmarks in integrated reporting”
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.
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.”
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