Thursday, 11 March 2021 Source: Daily FT
CBL Group Group Managing Director Sheamalee Wickramasingha accepting the award on behalf of CBL
The CBL Group, was named among the Top 10 Most Admired Companies in Sri Lanka for the financial year 2019/2020 by The International Chamber of Commerce of Sri Lanka (ICCSL) and the Chartered Institute of Management Accountants (CIMA) together with Daily FT.
This accolade recognises 10 exemplary organisations across listed and unlisted companies who have shown exemplary financial performance, supported by the value created for stakeholders, customers, employees and society at large.
CBL, a name synonymous with some of the best-loved family brands of the nation, has been at the forefront of developing the food supply value chain in Sri Lanka and fuelling economic growth. Through its agriculture operations, the group creates value for its network of 13,000 organic and conventional farmers aimed at improving livelihoods and maximising land and resource efficiency towards a sustainable agriculture sector. In its operations, CBL’s workforce of over 6,000 employees support CBL brands to take food with purpose to households everywhere through their distributor network nationwide.
“We want our everyday actions to make a positive impact on the lives of our consumers and stakeholders so we focus on delivering the best quality food products to our consumers to address their needs. We believe that our success is best measured by the value we create in our consumers through our brands and products. We are humbled that our efforts have earned us Sri Lanka’s admiration,” says CBL Group Chairman Ramya Wickramasingha.
The award also recognises CBL’s resilience in times of crisis. As one of the first food manufacturers to begin operations during the lockdown, the agility of CBL’s workforce enabled the group to adapt to the new normal and continue to support and strengthen the food supply chain.
Wickramasingha explains: “At CBL we strive to live our core values and our CBL value is at the heart of everything we do. We made a decision that we would take every measure to ensure that every CBL employee had job security and fulfilment, so we are very proud that despite the immense challenges of this pandemic, we were able to continue operations under every safety protocol, ensure zero layoffs and fulfil increments, bonuses and promotions for all.”
The CBL Group is home to leading Sri Lankan brands Munchee, Ritzbury, Tiara, Revello, Samaposha, Nutriline, Sera and Lankasoy and is one of Sri Lanka’s largest FMCG conglomerates and exporters.