HNB Assurance PLC (HNBA) has announced the appointment of Prof. Ananda Jayawardane as a non-executive/non-independent Director, effective August 9. Prof. Jayawardane is a Senior Professor in Civil Engineering at the University of Moratuwa and serves as a Commission Member of the University Grants Commission. He has held governing roles in various public and private sector
Sri Lanka’s Commercial Bank of Ceylon PLC has officially completed the liquidation of its subsidiary, Commex Sri Lanka S.R.L., located in Rome, Italy. The bank first announced the voluntary liquidation of the wholly-owned subsidiary in August 2022. The final procedures have now been concluded, and Commex Sri Lanka S.R.L. has been deregistered from the Chamber
The Commercial Bank of Ceylon has introduced the ‘Diribala Next Gen School Entrepreneurship Grooming Programme,’ aimed at empowering school students and fostering entrepreneurial skills among the youth. The initiative was launched at Yashodara Devi Balika Vidyalaya in Gampaha, a school known for its vibrant entrepreneurial activities. Students at this school are already engaged in various
The Commercial Bank of Ceylon has become the first bank in Sri Lanka to join the Partnership for Carbon Accounting Financials (PCAF), a global initiative designed to help financial institutions measure and disclose the greenhouse gas (GHG) emissions linked to their financial activities. Certified as 100% carbon neutral in its operations, the bank’s new engagement
Commercial Bank of Ceylon achieved a notable success by winning six awards at the Asian Business and Finance (ABF) annual awards ceremony held in Singapore. The bank was honored in three distinct categories: ABF Retail Banking Awards, ABF Corporate and Investment Awards, and ABF Fintech Awards. In the ABF Retail Banking Awards segment, Commercial Bank
The Commercial Bank of Ceylon achieved remarkable success at the IDB Green Industry Awards 2024, securing two Gold awards and one Bronze. The awards recognize excellence in sustainability, and Commercial Bank was honored for its achievements in becoming Sri Lanka’s first 100% carbon-neutral bank. The bank received the Gold for ‘Low Carbon and/or Climate-Resilient Production’