People’s Leasing & Finance wins silver at TAGS Awards

People’s Leasing & Finance PLC was honoured with the Silver Award at the 59th TAGS Awards 2024, in the Finance Companies, Leasing Companies and Other Financial Institutions (total group assets above LKR 75 billion) category.

The award was received in recognition of the company’s outstanding integrated annual report for 2023/24, titled ‘Great Partnerships’, further cementing People’s Leasing & Finance’s position as one of the pioneers in corporate reporting. The TAGS Awards is organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) and celebrates excellence in financial and non-financial reporting across diverse sectors, with a focus on Transparency, Accountability, Governance and Sustainability (TAGS).

Further distinguishing itself, People’s Leasing & Finance was also honoured with four Special Recognitions for Excellence in Digitally Transformative Reporting, Integrated Reporting, Sustainability Reporting, and Corporate Governance Disclosure in Financial Services.

Among the top ten organisations spotlighted at the event, People’s Leasing & Finance PLC distinctly stood out for its dedication to responsible and transparent reporting practices. These victories add to People’s Leasing & Finance’s long list of accolades for excellence in integrated corporate reporting, which include top awards at local and international platforms such as the ARC Awards, the CMA Excellence in Integrated Reporting Awards, and the SAFA Best Presented Annual Reports Awards.

Harnessing a creative and engaging narrative, ‘Great Partnerships’ drew parallels between the company’s performance and its strong partnerships, featuring its brand ambassadors, cricketing stars Kamindu Mendis and Dhananjaya de Silva. The metaphor of a classic car to was also used to illustrate how individual business operations – like the parts of a car – reveal the true value of People’s Leasing & Finance PLC as a unified entity.

Chief Executive Officer Sanjeewa Bandaranayake said; “Being recognised at the TAGS Awards is a tribute to the collective efforts of our team and our unwavering commitment to transparency and excellence in corporate reporting. Awards such as this motivate us to continuously raise the bar, ensuring that our financial and non-financial reporting consistently meets and exceeds global industry standards.”

Source: Daily News