PLC Annual Report Wins 2 Key Awards for Excellence in Integrated Reporting from CMA

The exceptional reporting standards of People’s Leasing and Finance PLC (PLC), the leader in Sri Lanka’s non-banking and financial services sector, were recently recognized at the Excellence in Integrated Reporting Awards. This Award was held for the 9th consecutive year by the Institute of Certified Management Accountants of Sri Lanka (CMA Sri Lanka), to promote excellence in integrated reporting among Sri Lankan companies, both listed and unlisted. Integrated reporting is a means to explain how an organization creates, preserves, or erodes value over time while benefiting and stakeholders.

PLC’s Annual Report for 2022/23, ‘Multi-Dimensional’ once again emerged triumphantly at these awards which were presented at a gala ceremony held on the 6th of October at the Taj Samudra, Grand Marquee. During this occasion, PLC managed to secure two main awards; the “Best Integrated Report – Finance & Leasing – State” and recognition as being among the “Ten Best” Integrated Reports, further cementing its reputation as a leading financial institution committed to transparency and value creation.

Mr. Shamindra Marcelline - CEO at People’s Leasing & Finance PLC expressed his positive sentiments noting, “Our dedication to excellence in financial reporting and integrated reporting is a testament to our commitment to responsible and transparent business practices. These awards motivate us to strive for even greater heights and deliver exceptional value to our stakeholders.”

Chief Financial Officer at People’s Leasing &Finance PLC, Mr. Omal Sumanasiri, echoed these sentiments adding, “We are grateful and honoured to have won these prestigious awards. Since embarking on our integrated reporting journey in 2014, the Company has proven its dedication to continuously enhancing integrated reporting while concentrating on guiding principles including reliability, completeness, consistency, and comparability. This will continue our reporting journey towards a more sustainable, innovative, and customer-centric future.”

People’s Leasing & Finance PLC, a licensed non-banking financial institution in Sri Lanka, is renowned for its innovation and unwavering commitment to providing tailored financial solutions. With a solid foundation, a diverse product portfolio, and a commitment to excellence, PLC has emerged as a leader in the financial services sector. As a subsidiary of the People’s Bank, PLC continues to strengthen its position as a trusted and respected provider of financial services, fostering growth and prosperity for the people of Sri Lanka.

Right to Left: Mr. Hennayake Bandara (Vice President of CMA Sri Lanka), Mr. Faizal Salieh (Chairman of the Securities and Exchange Commission of Sri Lanka), Mr. Dilshan Wirasekara (Chairman of the Colombo Stock Exchange), Mr. Omal Sumanasiri ( Chief Financial Officer – People’s Leasing & Finance PLC), Prof. Ho Yew Kee (Head of the Panel of Judges), Ms. Hasanga Kathriarachchi (Deputy Manager (Finance) – People’s Leasing & Finance PLC), Prof. Lakshman R. Watawala (President and Founder CMA Sri Lanka), Mr. Sanjaya Bandara (President – CA Sri Lanka), Mr.Rajeeva Bandaranaike (Chief Executive Officer - Colombo Stock Exchange).