LOLC Finance recognised for excellence in management practices

Team LOLC Finance at the awarding ceremony

LOLC Finance Chief Operating Officer Montini Warnakula and LOLC Finance Head of Alternate Financial Services Shiraz Refai accepting the CPM Awards

LOLC Finance PLC, the leading Non-Banking Financial Institution (NBFI) in Sri Lanka wins three prestigious awards at the Best Management Practices Company Award, 2023. These include the Overall Silver Award in Best Management Practices, Finance Category Winner Award, and the Award for Excellence in Best Management Practices. 

The Institute of Chartered Professional Managers (CPM) of Sri Lanka holds The Best Management Practices Company Awards to celebrate the growth and accomplishments of organisations, within both the public and private sectors of Sri Lanka. These awards recognise companies that have exhibited exceptional leadership, policies and strategies, people management, partnerships, resources, processes, and performances in managing their businesses during the financial year 2022. The prestigious awarding ceremony was held at the Cinnamon Grand, Colombo, on 16 March. 

Commenting on the achievement, LOLC Finance Chief Operations Officer Montini Warnakula said, “We are thrilled to receive this award. Winning it boosts the confidence of the company in enabling us to showcase our professionalism within the business community. This recognition is a result of our relentless focus on delivering innovative financial solutions and providing exceptional service to our customers. This award also offers a unique platform for our management team to re-evaluate and to test themselves against our existing management practices in standardising, rebooting, reimagining and redesigning our game plans. LOLC Finance’s commitment to excellence and its innovative approach has enabled the institution to expand its customer base and offer a comprehensive range of financial products and services. The company’s sustained growth and success are a testament to the institution’s leadership, management practices, and commitment to excellence.” 

LOLC Finance’s achievement in winning the overall silver award is a reflection of the institution’s leadership, dedication to excellence, and commitment to delivering innovative financial solutions that meet the needs of its customers.