• Last Update 2024-07-21 12:05:00

People’s Leasing bags two coveted awards at the CMA Excellence in Integrated Reporting Awards 2020

Business

People’s Leasing & Finance PLC added another landmark achievement to its strong journey by securing two main awards at the ‘CMA Excellence in Integrated Reporting Awards – 2020’.

“The Potent power of a Leader” being this year’s theme of the integrated annual report of PLC became the winner of the finance and leasing sector category whilst bringing in another award for PLC for producing one of the Top Ten integrated reports.

The sixth edition of the ‘CMA Excellence in Integrated Reporting Awards – 2020’ was organized and held on December 21, 2020 by the Certified Management Accountants of Sri Lanka (CMA Sri Lanka) as has been the practice. The award ceremony is dedicated to recognize annual reports designed in Sri Lanka, the company said in a media release.

In the face of the challenges posed by the COVID-19 outbreak since mid-March 2020, People’s Leasing company weathered storms to duly complete its annual report for the financial year 2019/20 adhering to the Integrated Reporting Framework to fulfill the information required from all key stakeholders. The story of value creation by the company is presented in the report depicting the strength and agility of the business model, strategy and the resilience of the company which enabled PLC to withstand the vulnerabilities in the operating environment.

Shamindra Marcelline, Chief Executive Officer/ General Manager, PLC, speaking on PLC’s achievement at the ‘CMA Excellence in Integrated Reporting Awards - 2020’ said, “Recognition of PLC at the CMA awards 2020 has great significance and it is important to the company than any other year. The company worked on the 2019/20 annual report when the COVID 19 pandemic was playing havoc the world over. All operations of our company were done amidst great resistance due to the pandemic within this period. Yet this visionary and creative annual report of ours includes comprehensive financial information, company’s operations, CSR initiatives and the governance structure.”

 

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