CFA awards 2014 focus: Creating a sustainable financial ecosystem
View(s):CFA Sri Lanka, the local Chapter of the US-based CFA Institute based in Charlottesville, USA will be holding its Annual Capital Markets Awards Night and Forecast Dinner on June 19.
The Awards Night will focus on recognising the achievements and efforts of those who have made contributions to advancement and the integrity of local capital markets. This is the second of a highly successful and acclaimed Awards Night inaugurated by the CFA last year, the organisation said.
Elaborating on the event, CFA Sri Lanka President Sheyantha Abeykoon, said that, “A key role CFA Sri Lanka plays in the financial services industry is to promote adherence to global best practices and standards and imbibe a culture of trust and professionalism within the industry. To that end, one of the fundamental objectives of the Capital Market Awards Night is to inspire and incentivise capital market participants and members of the wider stakeholders groups to strive for such standards of excellence.” The keynote speaker this year will be Executive Director/CEO Hemas Holdings PLC Steven Enderby, while the panellists will be Country Manager IFC Adam Sack and Director/CEO of NDB Rajendra Theagarajah.
Awards will be presented in three categories; the Best Equity Research Report, Best Equity Research Team and the Best Investor Relations Practice.
The Equity Research Report Award recognises and rewards initiatives taken by financial analysts to achieve the highest standards of excellence in robust analysis and presentation, encouraging professional excellence.
The organisation said that the 11 judges on the panel short listed 16 companies evaluating them on accessibility of management and track record with analysts, business disclosures in accounts and annual reports, quality of information on business and risk and the quality of commentary provided with interim results.