Tuesday, 16 December 2014 01:07
People’s Leasing and Finance PLC, the flagship subsidiary of People’s Bank and the leasing giant and market leader in the non-finance sector in Sri Lanka is going from strength to strength gaining recognition from the leasing fraternity and the corporate sector. PLC clinched silver at the recently concluded ‘SLITAD People Development Awards 2014’ for its human resources best practices. The award ceremony was held at the Galadari Hotel, Colombo.
SLITAD award recognises public and private sector organisations that have demonstrated a progressive approach towards nurturing and developing their human resources and thereby linking their people development policies and practices directly with respective business strategies.
SLITAD awards organised by the Sri Lanka Institute of Training and Development, is the country’s sole professional entity dedicated for the promotion of best practices in people development.
PLC Group Human Resources Senior Manager Uresh Jayasekara expressing his views said this recognition by SLITAD towards the emphasis made on its ‘People’ by the PLC adds immense credibility to the company. He said true to PLC’s watch-word; ‘Peoples’ friendly Leasing’ the company has achieved many feats throughout the decades by being friendly to its staff and at the macro level to its customers.
“PLC’s core competency is its people. We treat our staff as the backbone of the company and develop them with respect to grooming them to become future managers. Training, development and welfare are part and parcel of our human resource strategy.
Since PLC group has an open door policy, views of all employees irrespective of their positions and designations are sought in all operations and efforts made towards adding value to the company’s operations. The SLITAD award thus comes as an endorsement towards the strong human resources practices exercised by the PLC,” said Jayasekara.
Being the market leader in the non-finance sector in Sri Lanka PLC has also become a trend-setter in the corporate sector. PLC is instrumental in setting up industry standards and policies. Thus the leasing fraternity in the country benchmark with PLC, to upgrade their services.
PLC has a ‘performance based’ culture and firmly believes, multi-skilled employees are an asset to the company.
People’s Bank, the largest State Bank in Sri Lanka, with a view to catering to leasing needs of the masses incorporated it’s very first wholly owned flagship subsidiary; People’s Leasing Company Limited in 1995.
Eventually with the vision and guidance of its CEO D.P. Kumarage the company achieved many exceptional feats and grew to become an independent leasing entity called People’s Leasing and Finance PLC and the market leader in the non-finance sector for 13 consecutive years.
The special financial services provided by PLC includes; leasing, hire purchase, fixed deposits, savings accounts, loan facilities, FOREX services, micro-financing, fleet management and Islamic financial services.
PLC was endorsed a haven for employees by the ‘Great Place to work Institute’ of UK in 2013 with its findings. The institute has carried out an anonymous survey involving random sample of employees across all levels of PLC towards making this recommendation.