Union Assurance awarded for excellence in Integrated Reporting again

Monday, 7 February 2022 00:00 - - {{hitsCtrl.values.hits}}

Union Assurance representatives, Assistant Vice President – Finance Ruwan Rodrigo, and Assistant Manager – Planning and Budgeting – Finance Sachini Bandara, receiving the trophy and certificate from CBSL Governor Ajith Nivard Cabraal, at the 2021 CMA Excellence in Integrated Reporting Awards

Union Assurance PLC, your trusted Life insurance partner, was awarded among the 10 Best Integrated Reports at the 2021 CMA Excellence in Integrated Reporting Awards for the second consecutive year organised by the Institute of Certified Management Accountants of Sri Lanka.

This recognition reaffirms the company’s commitment to the values of transparency, accountability, and integrity while maintaining an exceptional financial track record.

Union Assurance CFO Asha Perera said: “It is an honour to receive this prestigious award from the Institute of Certified Management Accountants of Sri Lanka, which recognises Union Assurance’s outstanding efforts and commitment to financial reporting. We constantly focus on keeping ourselves apprised of accounting practices and standards prevailing across the world. This recognition is a reflection of transparent practices adopted by Union Assurance in following accounting standards in practice and following established models of good corporate governance. We are determined to continue delivering excellence in financial reporting.”

The Awards are based on a detailed evaluation of Annual Reports, conducted across the whole gamut of Sri Lanka’s private and public sector organisations. The evaluation criteria, carried out as per the International Integrated Reporting Council (IIRC) framework, assesses how well an organisation has consolidated its strategy, governance, performance, and prospects to create long lasting and sustainable value that accounts for all stakeholder needs.