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Wednesday, 20 July 2016 00:00 - - {{hitsCtrl.values.hits}}
PLC Group Chief Manager – Human Resources Uresh Jayasekera receives the Silver award from IPM President Rohitha Amarapala
People’s Leasing and Finance PLC, the leading non bank finance institution in Sri Lanka won the Silver Award at the South Asia’s largest HR event, National HR Conference 2016 recently held at the BMICH. The event was organised by the IPM (Institute of Personal Management).
PLC was conferred with the Silver Award in recognition of its best HR practices focusing employees who are the major force that adds value to sustainability of the company.
Short listing process to choose national level award winners was done in three stages. An in-depth audit on HR practices of the respective companies was also done followed by a final viva conducted by a panel of eminent personnel in the HR field to shortlist the award winning companies.
People’s Leasing CEO/GM D.P. Kumarage commenting on the National HR Excellence Award conferred to the company said PLC treats human resources as the backbone of the company.
“We appraise and recognise their services, train and develop them continuously with the object of making PLC one of the best companies to work in. The enormous success PLC has earned over the years was due to the unyielding efforts of its employees and the success story of PLC goes hand-in-hand with the personal and professional development of our employees. This National HR Silver Award is an endorsement by IPM towards PLC’s best HR practices and it is also great encouragement for us to enhance and sustain our best HR practices,” said Kumarage.
People’s Leasing Company was incorporated in 1995 as a subsidiary of the ‘Pulse of the People’ state bank in Sri Lanka – the People’s Bank, with just three employees and Rs. 10 million capital. In recognition of the credit quality of the company, Fitch Rating Lanka has upgraded PLC’s credit ratings to AA-(lka) which makes PLC the highest rated finance company. PLC is the only Sri Lankan finance company to have two international credit ratings and the largest non-bank financial institute in terms of asset base.
Furthermore, LMD has recognised PLC as one of the most respected non-bank financial institutions in Sri Lanka. PLC has been awarded the ‘Financial Service Provider of the Year’ for the fourth consecutive year at the SLIM Nielsen People’s Awards 2016. PLC was also recognised as one of the top ten corporate citizens for the third time. BT top 25 ranked PLC 17th among the listed blue chip companies. Also PLC is included in S&P SL 20 index since December 2014.
PLC’s financial solutions portfolio ranges from leasing, fixed deposits, saving accounts, personal and business loans, margin trading, factoring and Islamic financial services.
PLC offers value added one stop solutions through its five subsidiaries namely; People’s Insurance PLC, People’s Microfinance Ltd., People’s Leasing Property Development Ltd., People’s Leasing Fleet Management Ltd. and People’s Leasing Havelock Properties Ltd.
The uniqueness of PLC is its strength and the stability to provide diverse financial solutions under one roof to its customers, thus enabling the customers to obtain customers friendly services.
