LOLC amongst Top 10 Most Admired Companies for 3rd consecutive year

LOLC Group Managing Director/CEO Kapila Jayawardena receives the award from chief guest High Commissioner of India to Sri Lanka Gopal Baglay in the presence of guest of honour Mayor of Colombo Rosy Senanayake, LOLC Group Chief Operating Officer Kithsiri Gunawardena, International Chamber of Commerce Sri Lanka Chairman Dinesh Weerakkody and AIA Sri Lanka Chief Executive Officer Nikhil Advani

LOLC has retained its undisputed rank amongst the Top 10 Most Admired Companies in Sri Lanka for the year 2021. 

This is the third year in a row that LOLC was honoured with this coveted title, which is awarded annually by the Chartered Institute of Management Accountants (CIMA) and International Chamber of Commerce, Sri Lanka (ICCSL). 

LOLC secured this position based on another year of stellar financial and non-financial performance. Each year, the Most Admired Company Awards recognise entities that stand out above the rest in terms of their financial performance and the value they create for their shareholders, customers, employees and the wider community in general.

LOLC Group Managing Director/CEO Kapila Jayawardena said, “LOLC is truly honoured to achieve this accolade for the third consecutive year. The group also retained the top spot in the LMD 100 ranking as the Most Profitable Listed Company in 2020/21. It is a great thing to register remarkable success both financially and non-financially. But it’s a greater achievement to retain that success over a longer period of time. I am also proud to note that LOLC delivered a historic performance across our local and global operations despite the unprecedented conditions created by the global pandemic.”   

The LOLC group is engaged in leisure, plantations, agri-inputs, renewable energy, construction and real estate, manufacturing and trading, technology, research and innovation and other strategic investments. As a leading player in Sri Lanka’s MSME sector, the LOLC group has been a catalyst in facilitating financial inclusion, whilst striving to maximise environmental benefits through green operations and processes in line with its triple bottom line focus.