The 10th annual CFA Society Sri Lanka Capital Market Awards, organised by the CFA Society Sri Lanka, was held on Wednesday, 21 June 2023, at Cinnamon Grand, Colombo, with the objective of recognising and rewarding excellence in the local capital markets.
This year’s event focused on the theme ‘Invest Smart, Build Resilience, Thrive in Sri Lanka.’
The event was attended by the Chairman of the Securities and Exchange Commission of Sri Lanka, the Chairman of the Colombo Stock Exchange, and other invitees representing regulators, local universities, capital market participants, senior management of listed companies, and CFA Members in Sri Lanka.
Delivering the opening remarks at the awards ceremony, President of CFA Society Sri Lanka Aruna Perera, CFA noted: “Tonight, we celebrate excellence, innovation, and outstanding contributions to our thriving financial industry. This event recognises the tireless efforts and remarkable achievements within our capital markets community. It is a testament to the dedication, hard work, and visionary mindset that propel our industry forward.”
“As we celebrate this evening, let us remember the collective power we hold to shape the future of our industry. Together, through collaboration, innovation and empowerment, we can drive positive change, embrace opportunities and overcome challenges,” he added.
As a part of the 10thinstallment of the awards, CFA Society Sri Lanka also unveiled a Capital Market Awards logo at the ceremony.
Awards were presented under the categories of Best Equity Research Team, Best Equity Research Report, Best Sector Report, Best Investor Relations Team and Best Unit Trust Team, with awards for Gold, Silver and Bronze in each category respectively.
Capital Alliance Securities (Pvt) Ltd was awarded Gold for the Best Equity Research Team. Meanwhile, John Keells Holdings PLC was conferred Gold for Best Investor Relations, and Senfin Money Market Fundcame out on top as the Best Unit Trust Team.
This year, the event saw the introduction of a new award presented for Best Investor Relations pertaining to listed companies in the less than Rs. 10 billion market capitalisation category, to recognise the efforts made by such companies in emulating the best practices of their larger peers. The inaugural award was conferred on Hela Apparel Holdings PLC.
The Gold and for the Best Sector Report and Best Equity Research Report were not awarded this year.
The CFA Society Sri Lanka Capital Market Awards 2023 was sponsored by the Colombo Stock Exchange (Platinum Sponsor), Acuity Partners (Silver Sponsor), Capital Alliance Securities (Silver Sponsor), CT CLSA Securities (Silver Sponsor), First Capital Securities (Silver Sponsor), NDB Capital Holdings (Silver Sponsor), Senfin Asset Management (Silver Sponsor), Uzabase (Silver Sponsor), Acuity Knowledge Partners (Knowledge Partner), Hatton National Bank PLC (Banking Partner), Daily FT, Daily Mirror and The Sunday Times (Media Sponsors), and TextWare (Messaging Partner).