Commercial Bank Ranked the Most Desired Employer in Sri Lanka

27th March 2013, www.dailymirror.lk

The Commercial Bank has been ranked number one in a survey of ‘Employers of Choice’ in Sri Lanka, published in the March 2013 issue of LMD magazine. The Bank achieved an Employer Choice Index of 105 in the survey conducted by TNS Lanka.

The objective of the survey was to benchmark corporate entities and organisations as preferred employers in Sri Lanka.

In its report on the survey, LMD magazine states that “Commercial Bank wins a seal of approval as the most desired employer in Sri Lanka.”

The magazine listed 42 companies in the ranking, which includes two global banks, multinationals, leading Sri Lankan conglomerates and top apparel manufacturers.

“Our people are without a doubt the key to our position as Sri Lanka’s leading private bank, and we are pleased to be acknowledged as a leader across sectors, in the sphere of HR,” said Dinesh Weerakkody, Commercial Bank’s Chairman. He said the Bank provides many opportunities to its employees to build a career within the organization.

“This ranking is a valuable endorsement of the commitment of the Bank to adhere to best practices in the field of human resources management, and the consistent efforts made by the Bank to ensure that all employees reach their highest potential,” said Ravi Dias, Commercial Bank’s Managing Director/CEO.

The largest private bank in Sri Lanka, Commercial Bank employs 4,400 people and is the only Sri Lankan Bank to be listed two years consecutively in the world’s Top 1000 Banks. The Bank operates a network of 229 service points in Sri Lanka and a network of 560 ATMs.

It has been adjudged ‘Best Bank in Sri Lanka’ for 14 consecutive years by ‘ Global Finance’ Magazine, and has won multiple awards as the country’s best bank from ‘The Banker,’ ‘FinanceAsia,’ ‘Euromoney’ and ‘Trade Finance’ magazines.


Related Info :

• Global Finance Magazine Awards Commercial Bank the Best Bank in Sri Lanka for the 13th Consecutive Year

• Commercial Bank Named Sri Lanka's Best Bank in 2010 for the 12th Year Running

• Commercial Bank in Sri Lanka Offers SFIDA, Foreign Investment Deposit Accounts for Foreign and Sri Lankan Investors

Aitken Spence Hotels Ranked Highest in STING Corporate Accountability Rating 2011 Tourism Sector by LMD magazine Sri Lanka

05th February 2011, www.island.lk

Aitken Spence Hotels was the only hotel company ranked in the top ten and was the highest ranked contender in the tourism sector in the STING Corporate Accountability Rating 2011 as revealed in the February issue of LMD.

The STING Accountability Rating conducted an independent survey of the LMD 50 companies and 10 key State Owned Enterprises (SEOs) operating in Sri Lanka.

The survey was carried out based on information provided by the companies on a voluntary basis as well as from information that is available to the public – including annual reports, sustainability reports and corporate websites. The companies are categorized into broad bands (Platinum, Gold, Silver and Bronze) which provides an indication of their levels of advancement in the area of corporate accountability.

Aitken Spence Hotels were classified "Gold" based on scores derived to reflect a holistic and integrated approach to CSR, sustainability and governance.

The STING Corporate Accountability Index assesses companies based on six areas; measurement and disclosure, corporate values, stakeholder engagement, policy coverage, management and governance and identifying impacts, risks and opportunities. These key factors are weighted according to their relative importance in facilitating corporate accountability.

"Sustainability is a core belief of Aitken Spence Hotels and an integrated sustainable policy has been developed and implemented internally, incorporating our values and commitment to the environment and the communities in which we operate. We consciously adopt best practices in environmental and social governance in harmony with the principles of the United Nations Global Compact and the Millennium Development Goals.

We believe that that our philosophy has assisted us in differentiating our product both in the local and international arena", said Mr. Malin Hapugoda, Managing Director, Aitken Spence Hotels.

The Aitken Spence Hotels chain includes exotic properties such as Barefoot at Havelock located on the "The Best Beach in Asia" as rated by the Time Magazine; Heritance Kandalama, Sri Lanka’s most awarded hotel and "an icon of modern hotel design" as rated by the Observer UK; and Desert Nights Camp, Al Wasil, Oman, rated as one of the top ten desert retreats in the world. The chain’s Heritance Tea Factory has been rated by The Independent, UK as one of the ‘Top Five Factory Hotels’ in the world and one of the best 100 places to stay in the world by the Sunday Times, UK.

Related Info :
• Tea Tourism at Heritance Tea Factory, the Highest Located Tea Factory now One of the Five Best Factory Hotels in the World
• Heritance Kandalama Wins Wild Asia 2010 Responsible Tourism Award for Large Hotels at ITB Asia Tourism Trade Show