Tuesday, April 21, 2020

Ambeon Holdings partners Redworks to win at LACP Awards

Murali Prakash

The Annual Report 2018/19 of Ambeon Holdings PLC titled ‘Ambitions Aligned’ has been ranked 38th amongst the ‘Top 100 Reports Worldwide 2018/19’ at the recently concluded Vision Awards Annual Report competition organised by the League of American Communication Professionals (LACP), USA.  Further, the report has been recognised with a Gold Award (joint) in the conglomerate sector. Vision Awards, organized by LACP, is the world’s most renowned annual report competition and attracts submissions from organizations across the world.

The Ambeon Holdings PLC Annual Report garnered 98 points out of 100 to be the only Sri Lankan entity to be among the top 50 regional entries.

Accepting this accolade on behalf of Ambeon Holdings PLC, Group Managing Director/ Chief Executive Officer of Ambeon Group, Murali Prakash stated that “Maintaining world class standards, this award also endorses our commitment to transparent reporting initiatives”.

Commenting further Prakash stated that, “The annual report themed ‘Ambitions Aligned’ captured the transformative journey the Group underwent in building an agile, dynamic and sustainable conglomerate. Significant progress has been achieved thus far in creating a more cohesive organizational structure built on the platforms of moving first, channelling teamwork, inspiring each other, seeing beyond and actioning results as the core values.  These are built on a robust platform firmly anchored onto governance, risk and compliance (GRC),” Prakash concluded.  Ambeon Holidings PLC is a d conglomerate with subsidiaries Taprobane Capital Plus (Pvt.) Ltd, South Asia Textiles Industries Lanka (Pvt.) Ltd, Dankotuwa Porcelain PLC and Royal Fernwood Porcelain Ltd., Millennium I.T.E.S.P.(Pvt) Ltd  and Colombo City Holdings PLC.  The Ambeon Group is powered and guided by the renowned corporate giants – the Galle Face Hotel Group, the Hirdaramani Group and Navitas Holdings.

The concept of the Annual Report 2018/19 was themed as ‘Ambitions Aligned’ which reflected the organisations transformative journey following the Group’s strategic transformation process. This also highlights the commitment of the stakeholder centric approach to business. The Annual Report was conceptualised and produced by Redworks a group company of the Ogilvy Group – Phoenix O&M (Private) Limited.

 Director Business Redworks Ishani Jayasinghe highlighted “we are certainly happy to share the joy of this award with our client. Through the Annual Report we highlighted the dynamism of Ambeon Group which is resonated through the values of the Group.”

The Company specializes in compiling integrated reports in line with the guiding principles and fundamental concepts espoused by the International Integrated Reporting Council (IIRC).

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