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Commercial Bank of Ceylon has once again been included among the 10 Most Admired Companies in Sri Lanka, in the annual list compiled by the International Chamber of Commerce Sri Lanka (ICCSL) in collaboration with the Chartered Institute of Management Accountants (CIMA).
This is the fourth consecutive year that Sri Lanka’s biggest private sector bank has been ranked among the top 10 companies in this list, which was launched in 2018.
Commenting on this prestigious accolade, Commercial Bank Managing Director S. Renganathan said, “The past year has been adverse for companies in general but we believe it is how we have responded to the challenges of the pandemic and its impacts on our customers, that has earned us the admiration of the people. Our performance was achieved with an extremely balanced approach that considered the interests of all stakeholder groups, with an emphasis on those most vulnerable.”
Open to both listed and unlisted companies, the ICCSL-CIMA Most Admired Company Awards recognise entities that are a cut above the rest in terms of not just their financial performance but also the value they create for their shareholders, customers, employees and the wider community in general. Commercial Bank was recognised as a company that inspires other organisations and entrepreneurs by proving its mettle with consistency, authority and sustainable growth, creating excellent business performance.