11 Jul 2022
Caption: Kumudari Peiris - Manager, Finance accepted the award on behalf of NDB Bank from Dinesh Warusavitharana, CFA - President CFA Society Sri Lanka and Rachini Rajapaksa, CFA - Award Chair for Investor Relations - CFA Sri Lanka Capital Market Awards
National Development Bank PLC (NDB) emerged as the Silver awardee for Best Investor Relations at the recently concluded 9th CFA Sri Lanka Capital Market Awards 2022.
The ninth annual CFA Capital Market Awards, organised by the CFA Society Sri Lanka, was held on Wednesday (29 June) at the Oak Room of Cinnamon Grand Colombo, recognising and rewarding excellence in the local capital markets, with this year’s event focusing on the theme ‘Blockchain Revolution in Sri Lanka’s Capital Market’.
Awards were presented under the five categories of Best Stockbroking Research Team, Best Equity Research Report, Best Sector Report, Best Investor Relations and Best Unit Trust Fund, with awards for Gold, Silver and Bronze in each category.
NDB Bank was a recipient of this award for conducting dedicated investor relations with robust internal processes and dedicated resources to ensure that we add value to our shareholders and other related stakeholders in a meaningful manner. The bank’s investor relations are based on well-scheduled events, dissemination of quality information and equal treatment to all participants, often with top management participation.
NDB has been a constant award recipient in CFA Sri Lanka’s awards program for investor relations since 2014, winning the Gold for four consecutive years from 2016 to 2019.
This award comes in the light of NDB being crowned the “Best Bank in Sri Lanka 2022” for the second consecutive year by Global Finance Magazine USA and “Best Digital Bank 2021” at the Asiamoney Best Bank Awards for Sri Lanka in addition to being named the “Most Awarded Corporate 2021” as per LMD ranking. NDB is the 4th largest listed bank in Sri Lanka and the parent company of the NDB Group. The only financial services conglomerate in Sri Lanka, NDB Group is uniquely positioned towards assisting the growth and development of the Sri Lankan financial market to provide its customers seamless access to the product and service offerings of all its group companies.