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LL-C Sri Lanka Director Nishadi Rajapaksha (left) presents the ISO 22301:2019 certification to CDB CISO Shavindra Fernando in the presence of Managing Director Mahesh Nanayakkara and the Risk and Compliance team from CDB
Underscoring its commitment to enhancing resilience, business continuity, innovation, security, and operational excellence, Citizens Development Business Finance PLC (CDB) has become the first Non-Bank Financial Institution (NBFI) in Sri Lanka to achieve the ISO 22301:2019 certification for Business Continuity Management.
This milestone builds on CDB’s long-standing commitment to information security, following its successful recertification with ISO 27001:2022 for Information Security Management in September 2024 – an upgrade from its previous ISO 27001:2013 certification, which it had sustained for over six years. With these certifications, CDB sets a new benchmark in the financial sector under well-established protocols in security and operational standards, assuring customers that operations will continue without disruption.
Chief Information Security Officer (CISO) Shavindra Fernando said: “At CDB, security and resilience are fundamental to our operations. Achieving ISO 27001 and ISO 22301 highlights our commitment to safeguarding customer data, ensuring business continuity, and addressing emerging risks, solidifying our position as a trusted financial partner.”
As a pioneering NBFI in Sri Lanka’s financial industry, CDB has consistently upheld its commitment to achieving global standards while continuously adapting to stay ahead of industry trends. The organisation’s approach to governance and compliance is dynamic, ensuring resilience and integrity as it delivers services that create value for all stakeholders. By aligning with the regulations set by the Central Bank of Sri Lanka and other relevant accounting and governance standards, CDB ensures the provision of secure, reliable services and maintains the highest level of protection for customer data and information.
CDB has aligned its sustainability strategy to the United Nations Sustainable Development Goals (SDG), including SDG 9, which focuses on building resilient infrastructure, promoting innovation, and fostering sustainable industrialisation. With these standards, processes, and systems in place, CDB steps up to contribute to broader sustainability goals.
As evidenced by these certifications, CDB continues to lead in technological resilience and operational excellence. The company’s continued focus on raising the bar in customer satisfaction and technological innovation clearly highlights its commitment to pushing boundaries in meeting stakeholder aspirations and leading tech disruption.
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