The Director/ Group Chief Executive Officer of NDB Bank, Dimantha Seneviratne, hosted the Bank’s quarterly on-line investor webinar to discuss the Bank’s financial results for the full year 2018, from the Bank’s Head Office premises in Colombo last week.
This is a quarterly endeavour carried out subsequent to releasing quarterly financial statements to the Colombo Stock Exchange, where the Bank’s Investor Relations Team facilitates an on-line forum using webex technology to which, local and overseas investors, research analysts, stock brokers, fund managers, etc. can connect with the GCEO for a presentation of the financial results and pose any questions and seek clarifications.
Seneviratne explained that a clear strategy and precise execution led to enhanced results in 2018. NDB embarked on a mid-term strategy titled as Transformation 2020 in 2017, along with the professional input of the International Finance Corporation.
The strategy’s core objective is to convert NDB to a domestic systemically important bank [D-SIB] by 2020. Close to 150 strategic initiatives were implemented over 2017 and 2018, involving business transformation, business process re-engineering, digital transformation and marketing and customer experience amongst other strategic verticals. It is evident from the financial results of 2018, that the Bank will achieve the status of a D-SIB well before the end of 2020.