In a groundbreaking move for investor relations, Sri Lanka’s Commercial Bank of Ceylon PLC unveiled an AI-powered Annual Report Assistant (AIPARA) for its 2023 report. This innovation marks a first-of-its-kind achievement, allowing users to interact with the report by asking questions directly.
AIPARA signifies a major step forward in the bank’s ongoing digital transformation efforts. Sanath Manatunge, the bank’s Managing Director/CEO, emphasizes how AIPARA aligns with their focus on technological advancements and data-driven decision-making.
This development is expected to have a wider impact, potentially pushing other companies to prioritize high-quality content within their annual reports. Users can interact with AIPARA using simple terms or phrases, making the report more accessible for everyone.