NDB Investment Bank wins Euromoney Award for 13th consecutive year

NDB Investment Bank (NDBIB) has once again been recognized as the “Best Investment Bank in Sri Lanka” by Euromoney Magazine at the Euromoney Awards for Excellence 2024. This milestone marks the 13th consecutive year NDBIB has been honoured with this award, reaffirming the company’s sustained excellence and undisputed leadership in Sri Lanka’s investment banking landscape.

NDBIB’s Chief Executive Officer, Darshan Perera stated, “Throughout the years, our unwavering commitment to delivering the highest standards of service and innovation has set us apart as the leading investment bank in Sri Lanka. This award is a testament to the hard work, resilience and strategic acumen of our team, demonstrated even in the height of macroeconomic and political volatility.”

The Chief Operating Officer of NDBIB, Kaushini Laksumanage commented, “This recognition highlights our adeptness at navigating our key challenges through strategic foresight and innovation. As we continue to expand our cross-border collaborations and partnerships, we remain dedicated to enhancing our regional presence on top of our recent achievements.”

NDBIB remains steadfast in its pursuit of excellence, ready to navigate the evolving investment banking landscape and seize new opportunities for growth and success, particularly as a facilitator at this pivotal point in time from a Sri Lanka perspective. In 2023, NDBIB made its debut in the African region as the exclusive financial advisor to Hela Apparel Holdings, successfully arranging a debt fundraising of USD 14 Mn via Norfund (Norwegian Investment Fund for Developing Countries), for the Group’s East African operations.

The Chief Executive Officer of NDB Capital Holdings, Senaka Kakiriwaragodage stated, “NDBIB performed a stellar role, acting as the exclusive sell side advisors to Emerald Sri Lanka Fund 1 Limited, a fund managed by the sister company of the Group, in the divestiture of the fund’s stake in Consolidated Business Systems (Private) Limited (a leading coconut-based product exporter).”

Source: Daily News