NDB's 2022 Annual Report - Responsive Banking has clinched two honours at the CMA Excellence in Integrated Reporting Awards 2023, a prestigious event that unfolded at the Taj Samudra in Colombo. The awards ceremony, held on October 6, 2023, stands as a prominent fixture in the financial and commercial sectors within the country.
The CMA Excellence in Integrated Reporting Awards competition, organized annually by the Institute of Certified Management Accountants of Sri Lanka (CMA Sri Lanka), the country's national professional management accounting institute established under Act of Parliament No. 23 of 2009, recognized NDB's exceptional achievements. NDB secured the coveted title of Winner for the 10 Best Integrated Reports spanning all sectors, and it also proudly claimed the title of Best Integrated Report in the Banking Sector for the fifth consecutive year.
In response to the accolades garnered, NDB’s CFO/ Vice President, Ms. Suvendrini Muthukumarana, emphasised the institution's unwavering commitment to top-tier corporate reporting, encompassing both financial and non-financial aspects. Expanding on this commitment, she remarked, ”We recognise that a diverse array of stakeholders, particularly shareholders and analysts, heavily rely on annual reports to access transparent and precise information. Our core mission revolves around catering to the information needs of these esteemed stakeholders through reports that are not only easily comprehensible but also pertinent and substantive. We remain steadfastly aligned with the evolving landscape of local and international reporting standards. Awards of this nature serve as a compelling source of motivation and inspiration for us."
The NDB Bank has consistently surged ahead, delivering exemplary banking services, and these accolades stand as a testament to its unwavering journey of continuous progress, despite the formidable challenges encountered within the sector and the nation in recent times. These awards provide a resounding affirmation of the bank's unrelenting commitment to delivering clear, concise, and impactful reports, closely aligned with the IIRC reporting framework. The bank's unwavering adherence to its core values of integrity, excellence, and accountability is vividly reflected in the consistent stream of awards it has received.