10th January 2018, Colombo: 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 7 criteria’s’, 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.
The National Business Excellence Awards is an annual award competition conducted by the National Chamber of Commerce of Sri Lanka (NCCSL) with a view to recognize business enterprises that display Business excellence.
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.”
Today, the Browns Group is a fast growing diversified conglomerate operating in a range of industry sectors that are key to the nation’s economy. Our heritage and the 142 year legacy remains a source of strength and pride for every member of the Browns team. Yet, we also look to the future, building the company to be resilient, agile and sustainable, with a clear vision of how we will continue to expand in the years ahead. We believe that the Browns Group of Companies is an icon of corporate excellence and that our prospects for the future are bright, even as we acknowledge and celebrate the distinctive legacy that makes us a dominant force in the fast changing business environment of today.