Saturday Sep 21, 2024
Saturday Sep 21, 2024
Monday, 15 July 2013 00:07 - - {{hitsCtrl.values.hits}}
IFM’s Financial Awards makes a synergetic effort to shine the spotlight on organisations in niche segments and those exhibiting brilliance in the unsung corners of the finance industry. The recipients of the awards have to qualify on stringent parameters which not only include their size and performance but also their contributions to the society through CSR initiatives.
Therefore with this award, IFM recognises NDB for the great strides the Bank has made in emerging as a competitive commercial bank in the industry while displaying exemplary corporate citizenship through sustainable business practices; resulting in substantial positive impacts on the economy, community and the environment in which it operates.
Commenting on the Sri Lankan financial awards IFM Chief Editor Christopher Atkinson
said, “Sri Lankan economy has grown at a rapid pace since 2009. International Finance Magazine identifies some key performers in the financial domain who have contributed to the growth of the nation. Many congratulations to the winners.”
Having begun operations 30 years ago as a single product, credit line dependent development bank, today NDB has evolved to a fully-fledged financial conglomerate with 73 branches island-wide offering a range of financial services, superior service and convenience. The Bank’s growing clientele have access to a full range of banking and financial services, including SME lending and advisory services, retail banking, corporate banking, project finance, investment banking, stock broking, wealth management as well as Bancassurance, making NDB a truly universal bank. This universal banking proposition of NDB sets it apart from industry peers as it is a one-stop-shop that caters to the clients’ every financial need that emerges across their personal and business lifecycles.
The IFM in its award program for Sri Lanka recognised NDB Chief Executive Officer Russell de Mel, for his contribution towards the sector. Russell de Mel a veteran banker with over 33 years of experience, commenting on having being recognised with the award for ‘Outstanding Contribution to Banking said, “Personally, being recognised with this award is certainly an honour and a privilege especially at a very significant juncture of my life where I’m about to take the final bow from my three decade long career. Therefore, it is with humble gratitude that I accept this award. You serve an organisation, not with the hope of winning accolades or being recognised individually, but to bring your inner most passions to life and serve a multitude of people with your skills and knowledge. However when your efforts are acclaimed with an accolade it bears witness to the fact that you have managed to touch upon the many domains of the business and industry; and of that I’m truly gratified.”
Commenting further on the awards for NDB Group de Mel stated, “NDB is indeed honoured to be recognised with the award for ‘Best Commercial Bank’ as well as the ‘Best Investment Bank’ in Sri Lanka by the International Finance Magazine, UK. This is the first time the banks have been awarded by the IFM and the awards justly recognise the great strides we have made as a rapidly growing banking conglomerate in Sri Lanka.”
IFM, is an online finance resource headquartered in London, which provides information, analysis and insights for the global finance community with an aim to help readers understand the forces that drive the market better. Read in over 160 countries worldwide, IFM reaches out to the masses globally. With a discerning focus on emerging markets, IFM provides news, analysis and commentary on this sphere of vibrant economic activity. IFM’s country based financial awards are chosen following a rigorous selection process by the internal team as well as with key inputs from an external agency. Apart from Sri Lanka, IFM has released award winners for 2013 in Australia and Germany. All winners are scheduled to be honoured at a special ceremony held in Dubai in December this year.
