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Sri Lanka’s Most Admired Companies to be unveiled tomorrow

Sri Lanka’s Most Admired Companies to be unveiled tomorrow

Prime Minister Chief Guest at awards ceremony to showcase unique blend of listed and non-listed companies

The Most Admired Companies of Sri Lanka have been selected and will be unveiled at the Awards Ceremony on Sunday at Shangri-La, Colombo.

The Awards are organised in partnership by the International Chamber of Commerce, Sri Lanka (ICCSL) and the Chartered Institute of Management Accountants (CIMA) Sri Lanka. The event will be attended by Prime Minister Ranil Wickremesinghe as the Chief Guest with CIMA President Steven Swientozielskyj, FCMA CGMA and ICC India President Jawahar Vadivelu as the Guests of Honour.

The Knowledge Partner for the Awards is Aon Hewitt India and the Assurance Partner is KPMG. The event is held in association with Daily FT and AIA Insurance.

These awards were intended to recognise companies that are a cut above the rest in terms of not just their financial performance but also on the value they create for their shareholders, customers, employees and the general community thus attesting to the admiration of the nation.

The companies within the Top 10 are those that inspire other organisations and entrepreneurs. They have proven their mettle with consistency, significant and sustainable growth, resulting in excellent business performance.

After starting with 180 companies named as most admired by employees, competitors, and stake holders through a public survey run via Dialog, the judges selected the top 10 companies using a rigorous selection and interview process based on eight financial and seven qualitative criterion such as valuing human relationships, teamwork, fighting complacency and attacking big social problems, etc.

Ravi Abeysuriya, CFA, FCMA, CGMA, who chaired the Panel of Judges, stated, “It was heartening to find truly admirable companies that have risen above the rest and made a breakthrough not only in creating value to their own businesses and employees but also have made an enormous social impact in Sri Lanka.”

Other judges included Managing Director, Sri Lanka Tourism Promotion Bureau, Sutheash Balasubramaniam, FCMA, CGMA, President’s Counsel, Dr. Harsha Cabral, Chairperson and Chief Executive, Sri Lanka Export Development Board, Indira Malwatte, Partner in Charge, KPMG, Reyaz Mihular, FCMA, CGMA and Management Consultant Deepal Sooriyaarachchi.

ICCSL Chairman Dinesh Weerakkody, FCMA CGMA stated: “By organising competitions to recognise successful companies with best practice, the chamber hopes to provide a platform for leaders and corporate bodies to share and, exchange insights, develop networks, address the latest business issues affecting their communities, and learn about new areas of innovation from experts.”

CIMA Sri Lanka Country Manager Zahara Ansary, ACMA CGMA added: “CIMA Sri Lanka is proud of our members who equipped with the right skills, knowledge and tools, drive the business transformation in these companies leading them towards sustainable success. CIMA qualified professionals are continuing to contribute to the success of the best companies in Sri Lanka, Asia and across the world and we take pride in this opportunity to recognise their achievements.”

(FT)

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