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CSE named 'Most Sustainable Growth Exchange'


Officials of the Colombo Stock Exchange with the award for the 'Most Sustainable Growth Exchange in Asia – 2014' awarded by Capital Finance International. From left - Chief Operations Officer M. Renuke Wijayawardhane, CEO Rajeeva Bandaranaike, Chairman Vajira Kulatilaka and Chief Information Officer Chandrakanth Jayasinghe.

The Colombo Stock Exchange (CSE) has been named the 'Most Sustainable Growth Exchange' in Asia for 2014 by Capital Finance International (CFI), a print journal and online resource reporting on business, economics and finance, based in the United Kingdom.

The CSE was nominated and shortlisted for the award based on voting by CFI readers, subscribers and contributors, which include the World Bank, International Monetary Fund (IMF), Pacific Investment Management Company (PIMCO) and Fidelity Investments.

Following the nomination and shortlisting the CSE was evaluated against a series of stringent criteria set out by CFI.

The criteria included market leadership, innovation, customer satisfaction, financial performance, implementation of technology, client service, added value advisory, risk management, transparency, compliance, corporate governance, quality of communications and strength of nominations.

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