Wednesday, November 26, 2008

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Forty eight staff members of Commercial Bank of Ceylon, who completed 25 years of service and 18 staff members who retired from service this year, were honored for long and dedicated service to the Bank at a gala award ceremony held recently.

The ceremony themed ‘Strength and Stability’ was held at Holiday Inn Hotel with Chairman of the Commercial Bank, Mahendra Amarasuriya as the Chief Guest.

Addressing the gathering, Amarasuriya gratefully acknowledged the valuable work done by award winning members of staff during past 25 years and the sacrifices their families have made to make their work life significant.

He also focused on the changes the Bank has experienced since these staff members joined 25 years ago. He commented on the inevitable fact of “change” and the need for the Bank not only to react when changes take place but also to plan for and manage change pro-actively. “Since the Bank was mindful of this fact and had the support and loyal service of the staff, the bank achieved wonderful results,” Amarasuriya said.

Among the staff who were felicitated for 25 years of service were the current Managing Director of the Bank Amitha Gooneratne and Deputy General Manager (International) Jegan Durairatnam.

The Deputy Chairman of the Bank B.R.L. Fernando also graced the occasion along with representatives of Corporate Management and other invitees.

Established in 1969, Commercial Bank was recently named one of the top 1000 banks of the world in terms of Tier 1 Capital and ranked 155th in the world on Soundness.

The Bank has also been adjudged Sri Lanka’s ‘Bank of the Year’ six times by the same magazine and also been rated the ‘Best Bank in Sri Lanka’ for ten consecutive years by US based ‘Global Finance’ Magazine. In July 2007 the Bank was named the ‘Best Bank’ in Sri Lanka by another prestigious international financial magazine ‘Euromoney’.

 
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