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Wednesday, 29 June 2016 00:00 - - {{hitsCtrl.values.hits}}
CSE CEO Rajeeva Bandaranaike (right) accepts the award from IPM President Rohitha. Others from left are Aruna Dayanatha Hony. Assistant Secretary of the Executive Council at IPM, Prashanthi Sabesan Head of HR at CSE and Chris Obeyesekere IPM Sri Lanka’s Past President - Fellow and Council Member.
The Colombo Stock Exchange (CSE) was presented with a National HR Excellence Gold Award at the recently held National HR Conference for 2016. Organised by the Institute of Personnel Management (IPM), the conference is tagged as South Asia’s largest HR event. The award was presented in recognition of the CSE’s exceptional HRM practices and the contribution of the HR function towards driving organisational performance.
The shortlisting for the award was done in three rounds, including an in-depth audit of the company’s HR practices and a final viva conducted by a distinguished panel of HR specialists. The award under the gold category was presented to seven companies, namely: Bodyline, Unilever, Browns, Sampath Bank, Virtusa, Hayleys Plantations and the Colombo Stock Exchange.
Commenting on the award, CSE CEO Rajeeva Bandaranaike stated, “We are proud to have won a HR recognition award at a national level and it is an endorsement of the transformation that has taken place in HR practices at the CSE.”
IPM holds the National HR Excellence Awards as part of the National HR Conference to recognise individuals and companies for their exceptional people management practices. CSE Head of HR Prashanthi Sabesan said, “We recognise that achieving outstanding results start with our people, and we continually strive to establish and enhance sustainable HR practices. We are honoured to receive this award and we would like to offer our gratitude to IPM for creating this platform.” Sabesan also said, “The contribution made by HR has increased in a manner that is sustainable and in-line with the organisation’s strategy. Also, being an organisation that is driven by knowledge, we are happy that we have established practices to transition to a learning organisation. The unique approach and internally developed models that have gained the confidence of the employees has underpinned the sustainability of HR practices at the CSE. During the past couple of years we focused on the basics and constantly enhanced the service standards relating to Compensation and Benefits, Performance Management, Recruitment and Selection, Training and Development, and Employee Engagement to contribute to the CSE at a strategic level.”This award comes at the back of CSE’s recent success in being recognised by the Global HR Excellence awards for the ‘Most Innovative Use of Training and Development’.