Rajendra says HNB honoured by record haul of annual report awards

Monday, 13 December 2010 00:01 -     - {{hitsCtrl.values.hits}}

HNB Managing Director and CEO Rajendra Theagarajah said that it was an honour to have won the biggest haul of awards at the annual reports competition organised by the Institute of Chartered Accountants of Sri Lanka (ICASL).

“It is indeed an honour to receive the Cyril Gardiner memorial trophy for the second successive year. The trophy symbolises the best amongst equals in financial reporting as competition comes from the finest amongst the listed corporates in Sri Lanka. Competition amongst banks to excel in financial reporting has been a hallmark of the annual report awards competition. HNB is delighted to win the Banking Sector award and take home the Edmund J. Cooray memorial trophy for the second consecutive year,” Theagarajah said.

He further said that this was the first time a participating institution has won four gold awards in one particular year, which demonstrates HNB’s commitment to highest level of transparency and accuracy.

HNB swept the prestigious Annual Report Awards Competition organized by the Institute of Chartered Accountants of Sri Lanka winning four Gold Awards including the Cyril Gardiner Memorial Trophy for Overall Excellence and Edmond J. Cooray Memorial Trophy for Banking Sector Excellence.

The awards ceremony to recognise and reward excellence in the presentation of annual reports took place for the 46th year at the Cinnamon Grand Hotel recently.

HNB’s impressive list of awards included the Gold Award for Overall Excellence in Annual Financial Reporting, Gold Award for Banking Sector, Gold Award for Corporate Governance Disclosure, Gold Award for Management Commentary.

The Chief Guest for the awards ceremony was Hon. Senior Minister of International Monetary Cooperation Dr Sarath Amunugama.