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CIMA-ICCSL-Daily FT announce ‘Most Admired Companies of Sri Lanka 2021’

4 November 2021

CIMA, together with ICC Sri Lanka and the Daily FT, yesterday unveiled the winners of Sri Lanka’s Most Admired Companies Awards 2021.

The top 10 companies in alphabetical order are Cargills Ceylon PLC, CBL Investments Ltd., Ceylinco Life Insurance Ltd., Commercial Bank PLC, Dilmah Ceylon Tea Company PLC, HNB PLC, LOLC PLC, NDB Bank PLC, NSB Bank, and People’s Bank.

The five honourable mentions in alphabetical order are Abans PLC, BOC, DFCC Bank PLC, SLT PLC, and Sunshine Holdings PLC.

In a year that challenged even the strongest of organisations, these companies came up on top and are recognised, not just for their financial performance, but also the value they create for their shareholders, customers, employees and the wider community in general.

These companies inspire other organisations and entrepreneurs. They have proven their mettle with consistency, authority and sustainable growth, creating excellent business performance.

The Most Admired Companies are selected under stringent evaluation based on globally accepted criteria by a distinguished panel of judges. These awards were open for companies that have been in business for over five years as of 30 June, had 30% or more Sri Lankan ownership and were also open to both listed and unlisted companies in Sri Lanka.

The esteemed panel of judges, chaired by Ravi Abeysuriya, consisted of Hajar Alafifi, Rolf Blaser, Sunil Dissanayake, Varuni Amunugama Fernando, Santosh Menon, Faizal Salieh, Dr. Sulochana Sigera, and Deepal Sooriyaarachchi.

The Assurance Partner is KPMG. The Platinum Sponsor for the event is AIA Insurance.

Mid this year, a survey link was shared via the Official Telecommunications Partner – Dialog Axiata PLC – where the general public was asked to nominate the organisations they felt were the most admired in Sri Lanka. Based on the survey, the organisations thus nominated were invited to participate in this competition. Post the various adverts on the Daily FT, there were other organisations who applied as well.

The initial round consisted of a financial evaluation which was done by a team of CIMA members. Thereafter the KPMG team ratified the scoring and selected the Top 20 organisations from nearly 50 organisations for the second round, which was a presentation by the companies to the panel of judges. This was the most exciting element of the competition as almost all presentations had the Top Management present at the sessions. After an exciting two weeks, the final winners have thus been unveiled.

https://www.ft.lk/front-page/CIMA-ICCSL-Daily-FT-announce-Most-Admired-Companies-of-Sri-Lanka-2021/44-723882


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