HNB adjudged ‘Bank of the Year’
HNB was recognized as the ‘Bank of the Year 2012’ in Sri Lanka by the
prestigious UK based ‘The Banker Magazine’ at a ceremony held in
Intercontinental Park Lane Hotel London.
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Rajendra Theagarajah, Managing Director /CEO HNB and Dr Ranee
Jayamaha Chairperson , HNB with the Bracken award, flanked by
Jane Cooper, Asia Editor of The Banker (left) and former BBC
journalist Michael Buerk, the host of the awards ceremony
(right) |
The Bank of the Year Awards is an annual awards event recognising the
top financial institutions in the world based on the performance of the
previous year, the ability to gain strategic advantage and demonstration
of continuous improvement.
The prestigious Bracken Award was received by Dr. Ranee Jayamaha,
Chairperson and Rajendra Theagarajah Managing Director/CEO amid a
gathering of senior bankers representing leading financial institutions
of 149 countries around the globe.
Dr. Ranee Jayamaha said, “we are honored to be recognized by the most
renowned ‘The Banker’ magazine and this is a tribute to the efforts and
dedication of the entire team at HNB. Also this affirms HNB’s clear
focus, strong growth, sound policies and constant strive for
improvement.”
Theagarajah said, “HNB was able to successfully weather challenges
from the increasingly unpredictable global environment and related
impacts on the local economy by standing true to its ethos of a bank
known for stability and safety in Sri Lanka.”
“This was achieved by focusing on four pillars. One, aligning our
business strategy with the national vision to fully harness country’s
post-war potential, two obtaining an international rating and bolstering
capital adequacy ratios comfortably beyond regulatory minimum levels and
three, significant investments in technology to strengthen our business
model in terms of efficiency, centralisation and analytics and four,
developing a robust electronic banking platform for effective deployment
in the retail and corporate banking spaces.
We are also proud to be recognised along with major national and
international banks such as ICICI (India), UBS (Singapore), Mizuho
(Japan), CIMB (Malaysia), Standard Chartered Bank (Bangladesh), Qatar
National Bank (Qatar),Westpac (Australia) and Scotia Bank (Canada).”
The Banker is a trusted source of global financial intelligence since
1926 owned by The Financial Times Ltd.
The prestigious Bracken award is named after Brandon Bracken the
founding editor of ‘The Banker’ in 1926 and the Chairman of Financial
Times from 1943-1958.
Winning the Bracken award is a fitting accolade for the performances
of the world’s top financial institutions. |
