NDB Gold Winner at CFA Sri Lanka Capital Market Awards | Daily News

NDB Gold Winner at CFA Sri Lanka Capital Market Awards

National  Development Bank PLC – Vice President Finance Suvendrini Muthukumarana  and Manager Finance Kumudari Peiris accepted the reward on behalf  of the NDB.
National Development Bank PLC – Vice President Finance Suvendrini Muthukumarana and Manager Finance Kumudari Peiris accepted the reward on behalf of the NDB.

National Development Bank PLC [NDB] emerged as the Gold awardee for Best Investor Relations at the recently concluded CFA Sri Lanka Capital Market Awards 2019, for the fourth consecutive year. This is the seventh year that CFA Sri Lanka hosted this awards program, and NDB is the only corporate to have secured the gold prize in any one category for four years in a row.

The Capital Market Awards conducted by the CFA Society Sri Lanka this year recognized best practices in investor relations, stockbroking research, unit trust fund management, equity research and sector analysis reports.

The event which was held on 20 June 2019, at the Cinnamon Grand Colombo saw organizations and analysts being recognized for their efforts in these categories with gold, silver and bronze awards.

The objective of the best investor relations category of the awards program was to recognize companies that practice active investor relations to communicate interactively with the investor community and to encourage best practices in investor relations. The process for selecting winners included shortlisting companies on the strength of investor relations practices and responsiveness.

The judges observed an increasing number of listed companies displaying improved investor practices such as hosting post earnings calls/analysts briefing on a consistent basis, providing slide decks analyzing the results, and active investor relations web pages making available presentations and transcripts of post earnings investor calls as positive practices amongst corporates, all of which are practiced by NDB.

NDB conducts 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.


 

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