The Colombo Stock Exchange (CSE) won the award for ‘The Most Innovative Use of Training and Development’ at the recently concluded World HRD Congress in Mumbai, India. 

Attracting participation from organisations representing over 100 countries, the Global HR Excellence Awards recognize organisations and HR professionals for excellence in HR strategy and people management. 

Diverse training needs and unique operational requirements call for the training and development process at CSE to take an innovative approach - one that embraces technology, collaboration and employee engagement. The award is a timely recognition of the CSE’s efforts to enhance functional processes to reflect the strategic importance of HR. Commenting on the award, CSE CEO Rajeeva Bandaranaike stated, “We are pleased to receive global recognition for our work in training and developing our employees, who are our greatest asset. The award recognizes the breadth and depth of our innovative approach to employee development and endorses our continued commitment towards prioritizing HR as a driver for growth. At the CSE, we continuously strive to drive exceptional business outcomes through innovative and sustainable HR practices.” 

CSE Head of HR Prashanthi Sabesan said, “In approaching training and development innovatively we have established processes and means by which every employee has the opportunity to be exposed to knowledge received through foreign trainings regardless of their seniority. We have empowered the workforce to identify their individual training needs, through which targeted programmes can be customized when bridging skill gaps of an individual employee, rather than approaching it in a generalized manner. Our adoption of technology has also contributed in effectively disseminating knowledge and in enhancing the skills of our workforce.”

The World HRD Congress offers networking opportunities and unique in-depth approaches to understanding important workplace issues that affect an organisation’s viability in today’s fast-paced business environment.