Business
People’s Bank’s 2021 Annual Report recognized at International SAFA Awards
People’s Bank today announced that its 2021 Annual Report garnered yet another honour at the recently concluded South Asian Federation of Accountants (‘SAFA”) Annual Report Awards 2022, receiving Joint Bronze in the Public Sector Bank category. The Awards are conferred based on the criteria of improvement in transparency, accountability & governance and are selected from entries received from 8 countries in the South Asian region including India, Pakistan and Bangladesh. Most notably at this year’s awards, People’s Bank was the only Public Sector Bank from Sri Lanka to be placed amongst the top three in the said category.
Commenting on the most recent Award, People’s Bank’s Chairman Mr. Sujeewa Rajapakse stated: “We are delighted to be the only Public Sector Bank from Sri Lanka to be podiumed at this year’s awards. This attests to our commitment to excellence in integrated reporting. SAFA’s Annual Report Award competition needs no introduction – it is one which draws entries from the best in class throughout the entire South Asian region and whose judging panel consists of some of the finest minds in the space of integrated reporting across transparency, accountability and governance aspects and issues.”
Commenting on the accolade, the Bank’s Chief Executive Officer/ General Manager Mr. Ranjith Kodituwakku stated: “In a time of unprecedented challenge, clear and concise communication with all stakeholders is even more crucial, with the annual report being the single most important tool to do so. People’s Bank, as a leading bank in Sri Lanka, is changing the way we communicate with our stakeholders and, over the last several years, we have been very successful in producing award- winning annual reports. We are indeed very proud of this!”
Commenting on the most recent recognition, People’s Bank’s Head of Finance Mr. Azzam A. Ahamat stated: “The award is self-attesting to our standing from an integrated reporting standpoint not only locally but also regionally. For our 2021 Annual Report, this is just another in a series of recent wins both locally and internationally. We thank all our stakeholders both internal and external. Not complacent with any of our successes, we look forward to reasonably setting further benchmarks in the space of integrated reporting”
People’s Bank’s Annual Report 2021 was its seventh Integrated Annual Report and was designed under the theme “Multi-Faceted Brilliance”. The Report provides insight into the Bank’s continuing efforts to support the country and economy during a period of unprecedented distress whilst safeguarding the interest of its stakeholders. In preparing its Reports, the Bank draws on concepts, principles, and guidance from The International Integrated Reporting Council (IIRC) Framework, Consolidated Set of Global Reporting Initiatives and Guidelines, The Institute of Chartered Accountants of Sri Lanka, The Central Bank of Sri Lanka (CBSL) and The United Nations Sustainable Development Goals (SDGs)”
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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