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Most Admired Companies of Sri Lanka 2019

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Most Admired Companies of Sri Lanka 2019 Most Admired Companies of Sri Lanka 2019 Most Admired Companies of Sri Lanka 2019 Contents Making Sri Lanka Irresistible 02 About Deloitte 03 Message from ICC 04 Message from CIMA 05 Message from Daily Financial Times 06 Message from AIA 07 What is a Simply Irresistible Organization? 08 Most Admired Companies 10 Honourable mentions 20 01 Most Admired Companies of Sri Lanka 2019 Making Sri Lanka Irresistible Marco Polo wasn’t wrong when he With the overall business climate being called Sri Lanka the finest island of its conducive to rapid growth, business size in the world. One can visit the sun- and HR leaders must continually keep kissed beaches of the Indian Ocean, focusing on their talent priorities. Our enjoy the tropical grasslands, climb the belief is that only by unlocking the power lofty mountain peaks, and be a part of human capital, can organisations of their spiritual journeys. This lovely continue to deliver hyper-growth and island country not only boasts as one phenomenal business results. They of the most bio-diverse places on the will need to build organisations that planet, but also has a thriving business provide meaningful work and empower environment. During our multiple employees to deliver their best, create an engagements with the organisations environment that supports learning and in Sri Lanka, we found that the growth application of new skills, and constantly journey was absolutely inspirational. inspire and communicate a strong sense The country has access to quality of purpose. education backed with deep-rooted values of perseverance, integrity, and Sri Lanka is a great case study of how diligence, which has created a generation collaboration between the government of employees who are capable doing and the private sector can create incredibly different things. immense value for an entire country. With one of the best human development It is also heartening to see the strong indicators (HDIs) in Asia, and a constant support the government is extending flow of talent, Sri Lanka’s journey of to build a healthy business climate and creating a simply irresistible work attract investments into the country. environment is on a great track. We are By setting and constantly achieving extremely proud to collaborate with this ambitious goals around the ease of doing event and look forward to extend our business, Sri Lanka has managed to help towards more Sri Lankan companies attract the attention of global investors to join the ranks of the Most Admired and talent. The corporate sector acts Companies. The size and scale of the as one of a great catalyst of growth in opportunity before us is unparalleled and the country due to their constant desire it is up to us to utilise it. to learn and adapt to best-of-breed practices from other organisations Here is to making Sri Lanka simply around the world and support from the irresistible. government. Peeyush Arya Parived Bhatnagar Sumit Singla Partner Director Associate Director Deloitte India Deloitte India Deloitte India 02 Most Admired Companies of Sri Lanka 2019 About Deloitte All the facts and figures that talk to society to achieve remarkable goals, solve our size and diversity and years of complex problems or make meaningful experiences, as notable and important as progress. Deeper still, it’s in the beliefs, they may be, are secondary to the truest behaviors and fundamental sense of measure of Deloitte: the impact we make purpose that underpin all that we do. in the world. So, when people ask, “what’s Deloitte globally has grown in scale and different about Deloitte?” the answer diversity—more than 312,000 people in resides in the many specific examples of 150 countries, providing multidisciplinary where we have helped Deloitte member services yet our shared culture remains firm clients, our people, and sections of the same. 03 Most Admired Companies of Sri Lanka 2019 Message from ICC The International Chamber of more than 60 years. The ICC engages Commerce Sri Lanka (ICCSL) is pleased with the business community to to collaborate once again with the promote good business practices Chartered Institute of Management and acts as a voice for the business Accountants (CIMA) and the Daily community on policy advocacy. ICCSL Financial Times to organise the “Most is also responsible for issuing the Admired Companies of Sri Lanka 2019 international guarantee chain of ATA Awards”. The International Chamber Carnets—the customs document of Commerce (ICC) is the largest, most allowing the duty-free and tax-free representative business organisation temporary import of goods. ICCSL is in the world. The ICC has 45 million also improving the capacity of the ICC members in more than 130 countries to issue certificates of origin. having interests across sectors of private enterprise. ICC works to promote ICCSL wishes to express their gratitude to international trade, responsible business all the companies that participated in the conduct, and a global approach to programme. Lastly, we wish to express regulation through a unique mix our gratitude to the Daily Financial of advocacy and standard setting Times—-the print media partner and activities—together with market leading AIA Insurance—the platinum sponsor, dispute resolution services. In addition, Deloitte, KPMG, and all other sponsors ICC also specialises in business and legal for supporting ICC in this national training and publishing industry leaders endeavour. of practical tools for international business, banking, and arbitration. In Sri Lanka, the ICC national Dinesh Weerakkody committee has been in existence for Chairman ICCSL 04 Most Admired Companies of Sri Lanka 2019 Message from CIMA The Most Admired Companies Similar to ICC, CIMA celebrates its of Sri Lanka 2019 Awards, jointly centenary this year. We reflect on the organised by the Chartered Institute of tremendous changes it has undergone Management Accountants (CIMA) and over the past 100 years where we have the International Chamber of Commerce adapted well through the century, we (ICC) Sri Lanka, recognise and celebrate were resilient during tumultuous times, the best in Sri Lankan business. These and we have transformed our business. companies have built strong reputations Today we continue to lead, powering and drive prosperity in Sri Lanka through the capability and confidence that the creation of long-term value. professionals and businesses need to succeed. For a century, CIMA members At the heart of these and other have been transforming organisations, successful businesses are finance communities, and economies. professionals equipped with the right skills, knowledge, and tools to lead their We now have a stronger voice and a organisations to even greater success in greater influence through the Association the future. of International Certified Professional Accountants (the Association), the unified In that future world, change will voice of CIMA, and the American Institute continue to be constant. Machines and of CPAs. The Association gives us more humans will increasingly work together, opportunities to expand the core values and technology will augment human that we cherish—ethics, integrity, and intelligence. Learning will become more professionalism—to make business and important as new skills and knowledge society better. will replace the ones that we value today. By driving better decision-making in History has shown that the most companies, CIMA qualified professionals sustainable companies are not with the CGMA designation are necessarily the most profitable continuing to contribute to the success of companies in the world, but they the best companies in Sri Lanka, Asia, and have learnt to balance profits across the world. with a consideration for impacts on the economy, society, and the We wish to offer our heartiest environment. Our diminishing natural congratulations to the award winning resources, continuing population companies on their outstanding growth, alarming climate change, and achievements. constant disruption of the norm are causes for concern for companies who Ms. Zahara Ansary are moving forward to a future fraught ACMA, CGMA, with disruptive forces. Country Head - CIMA Sri Lanka 05 Most Admired Companies of Sri Lanka 2019 Message from Daily Financial Times The Daily Financial Times, which is Sri The Daily Financial Times has been Lanka’s first and only national daily focusing on the need to celebrate economic and business newspaper, is outstanding entrepreneurship and pleased to be associated once again with companies in Sri Lanka. This is on the the Most Admired Companies of Sri Lanka strong belief that it is the private sector, 2019 Awards initiative of the Chartered which can lead the country to be more Institute of Management Accountants equitably prosperous. The future has (CIMA) and the International Chamber of many opportunities and challenges, but Commerce (ICC) Sri Lanka. awards of this kind will certainly inspire the collective and socially responsible Last year, the wide impact of the awards private sector to do more and better. on companies that entered and found themselves polishing their acts was quite evident, especially in areas such as Nisthar Cassim business issues affecting their businesses Founder Editor and Chief Executive and stakeholders. Daily Financial Times 06 Most Admired Companies of Sri Lanka 2019 Message from AIA This is the second consecutive year familiar with the country’s corporate that AIA Insurance Lanka PLC is the landscape and are respectful of platinum sponsor for the “Most Admired companies that succeed financially, but Companies Awards”, jointly organised by more so, through sustainable and ethical the Chartered Institute of Management value creation. Accountants (CIMA) and the International Chamber of Commerce Sri Lanka. I wish to congratulate the winners of Sri Lanka’s Most Admired Companies for AIA is the world’s largest life insurer and 2019 and am sure that their leadership celebrates its centennial this year. Our and legacy will continue to inspire others core philosophy revolves around doing as we all work towards a better and the right thing, in the right way, and with stronger Sri Lankan economy.
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