The Commercial Bank won the Marquee award for ‘Best Treasury Team’ in the Financial Institutions category at the 2023 CT Awards presented by Corporate Treasurer – the print publication in Asia, dedicated to treasury teams and Chief Financial Officers (CFOs).
The CT Awards ceremony was held at the Marriot Tang Plaza Hotel in Singapore recently.
The event celebrated treasury professionals who operate at the top of their class across three categories – House awards, Marquee awards and Best Treasury and Finance Strategies.
Commercial Bank’s Deputy General Manager Treasury, Asela Wijesiriwardane said, “The Treasury Department’s unwavering commitment to delivering outstanding results across various dimensionsis at the heart of the Bank’s exceptional performance. “This ranges from liquidity management to market risk mitigation. Through strategic initiatives, innovative investments, and an unwavering focus on customer service, the Treasury Department consistently delivers exemplary outcomes that contribute significantly to the Bank’s financial strength and regulatory compliance, while managing the treasury units of our Bangladesh operations and Maldives subsidiary,”
The Treasury Department contributed over 32% of the Bank’s profits in the period assessed for the award.
