Business
Standard Chartered Sri Lanka receives global recognition with prestigious industry accolades
Standard Chartered Sri Lanka recently received multiple international awards, establishing industry excellence as a trailblazer across regional levels in Asia Pacific and South Asia. Displaying its strength at ‘The Asset Triple A Treasury, Trade, SSC and Risk Management Awards 2022’, the Bank took home awards for ‘Best Service Providers for Cash Management in Sri Lanka’ and ‘Best Service Providers for Trade Finance in Sri Lanka’. Standard Chartered Sri Lanka also bagged the title for ‘Best Payments and Collections Solution’, which was awarded for an API-based solution for Digital Mobility Solutions Lanka (PickMe) to enable instant payments.
Additionally, the Bank was awarded the sought-after ‘Best Sub-custodian in South Asia for Sri Lanka’ title for the fourth consecutive year at ‘The Asset Triple A Sustainable Investing Awards for Institutional Investor, ETF, and Asset Servicing Providers 2022’ presentation.
“As our teams work with some of the largest corporates in Sri Lanka, our deep market relations and leadership has been demonstrated in the advocacy work and contributed to our continuous year-on-year growth. We will continue to invest in technology platforms, alliances, and networks to complement our client-centric service culture and deliver the best client experience,” said Roger Norton, Head, Transaction Banking, Standard Chartered Sri Lanka.
The Global Finance Best Sub-custodian Bank Awards 2022, which honours organisations that offer innovative ideas, efficient solutions and sage advice, named Standard Chartered as the ‘Best Sub-custodian Bank in Sri Lanka’ for its initiative to offer digital solutions for custody and operational resilience during the challenging pandemic times.
Voicing his thoughts on the outstanding recognition in the global financial community, Bingumal Thewarathanthri, CEO, Standard Chartered Sri Lanka said, “The ‘Here for good’ values we uphold at Standard Chartered have supported our teams to embark on a quest to adopt digitalisation to build resilience, efficiency and achieve transformative growth, despite having to operate in a challenging environment. These global recognitions reflect our team’s commitment to innovate for our clients across the region, who have placed their trust in the Bank to meet their ever-evolving needs.”
Global Finance’s 2022 Best Sub-custodian Bank Awards were evaluated based on market research, input from expert sources and entries from banks to select the institutions that reliably provide the best services in local markets and regions. The performance of sub-custodian services was judged over the period covering January 1, 2021 through December 31, 2021.
The Asset Triple A Treasury, Trade, SSC (Sustainable Supply Chain) and Risk Management Awards are awarded annually to companies and financial institutions that have launched or helped implement initiatives in corporate treasury management, trade finance, supply chain and/or risk management. All award submissions were assessed by The Asset Board of Editors based on inputs provided by clients, business statistics during the review period and information gathered during pitch meetings or calls.
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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