Brown and Company PLC (Browns) emerged runners up under the Trading category at the National Business Excellence Awards 2017, hosted by the National Chamber of Commerce. The 14th edition of the National Business Excellence Awards, which recognizes corporates who have excelled in business, was held on December 13th at the Hilton, Colombo.
Browns Group Chief Financial Officer Thamotharampillai Sanakan together with Senior Vice President - Group Human Resources Paduma Subasinghe and Chief Process Officer C.N. Rathakrishnan accepted the award in the presence of a large gathering of top business leaders, leading business organizations, and diplomatic missions, including the Chief Guest – High Commissioner of Canada, David McKinnon.
The contenders for the Business Excellence Awards were evaluated by an eminent panel of judges and judged on a newly structured Excellence Evaluation Model of seven criteria, namely Excellence in Business and Financial Results, Capacity Building, Performance Management, Local and Global Market Reach, Leadership, Corporate Governance, Corporate Social Responsibility and Environmental Sustainability.
Browns Group Chief Financial Officer Thamotharampillai Sanakan said “This is an award that recognizes a company’s outstanding performance in all its operational aspects and we are truly honoured to be ranked among the country’s most excellently managed organisations and look forward to setting new and even higher benchmarks in time to come.
Our direction will be guided by our strategic imperatives; improving resource productivity, cost efficiency, product quality and diversity, and revenue diversification, in an overall context of sustainable corporate practices and financial prudence governed by ethical corporate behaviour.”