People’s Leasing & Finance PLC (PLC) secured two main awards at the ‘CMA Excellence in Integrated Reporting Awards – 2020’.
“The Potent power of a Leader” being this year’s theme of the integrated annual report of PLC became the winner of the finance and leasing sector category whilst bringing in another award for PLC for producing one of the Top Ten integrated reports.
The sixth edition of the ‘CMA Excellence in Integrated Reporting Awards – 2020’ was organized and held on December 21, 2020 by the Certified Management Accountants of Sri Lanka (CMA Sri Lanka) as has been the practice.
The award ceremony is dedicated to recognize annual reports designed in Sri Lanka.
In the face of the challenges posed by the Covid-19 outbreak since mid-March 2020, People’s Leasing company weathered storms to duly complete its annual report for the financial year 2019/20 adhering to the Integrated Reporting Framework to fulfill the information required from all key stakeholders. The story of value creation by the company is presented in the report depicting the strength and agility of the business model, strategy and the resilience of the company which enabled PLC to withstand the vulnerabilities in the operating environment.
People’s Leasing started its business operations in 1996 as a wholly owned subsidiary of one of the largest State banks in Sri Lanka, the People’s Bank.