Aitken Spence in the ‘Top 15 Most Respected Entities’

Monday, 11 October 2021 05:00 - - {{hitsCtrl.values.hits}}

Group Supervisory Board of Aitken Spence

Aitken Spence PLC was ranked amongst the top 15 ‘Most Respected’ of the nation’s most admired corporations for 2021.

The annual ranking is by LMD through an exclusive survey conducted by NielsenIQ to gauge peer perceptions based on a weighted ranking system.

Amidst a business climate dampened by uncertainty, Aitken Spence moved up a position in its rankings and is widely recognised as a catalyst in the country’s social-economic progress. With more than 150 years of experience, the group engages in pioneering ventures in key sectors of the economy viz. tourism, maritime and logistics, energy, plantations, apparel, and other services. Driven by a team of over 12,000 employees, Aitken Spence has a dominant presence due to its diverse business portfolio in eight countries enabling the company to create sustainable value.

Commenting on this recognition, Aitken Spence PLC Deputy Chairman and Managing Director Dr. Parakrama Dissanayake said: “We thank everyone who placed their trust and helped us, especially during these challenging times. As in the past, Aitken Spence will continue to navigate through times of complexity and change to bring endless possibilities to our people and to our different communities. We have strived to earn corporate respect by consistently delivering excellence, pushing boundaries by capitalising on new opportunities, realigning priorities, reinventing the company portfolio of offerings, and relaunching businesses.”

The company believes that the cornerstones of a respectable corporate entity are trust, accountability, viability, transparency, integrity, and team spirit. It is how the business operates and creates value for all stakeholders. In the new era of change, respect is determined by an organisation’s agility, adaptability, and capacity to turn daunting challenges into a positive change while staying true to the values of the organisation.

In the turmoil of the last couple of years, Aitken Spence has focused on transforming its operations and business models to better serve customers and key stakeholders. They have embarked on a strategy to realign, reinvent and relaunch their business by their motivated team referred to as ‘Spensonians’, and thereby displaying their true grit.

Corporates play a crucial role in uplifting Sri Lanka’s image on the international stage. Among the numerous bold investments made across the years, the company responded to a crucial social and development need of the country despite the pandemic by launching Sri Lanka’s maiden waste-to-energy power plant that was launched in the middle of the pandemic.

Aitken Spence is a blue-chip conglomerate anchored to a heritage of excellence spanning over 150 years and driven by more than 12,000 employees across 16 industries in eight countries: Sri Lanka, Maldives, Fiji, India, Oman, Myanmar, Mozambique and Bangladesh.