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  • The firm’s wealth management arm positioned itself early for a possible spurt in unicorns in India and the opportunities that may bring. It is now reaping the rewards.
  • Eastern Bank, run by chief executive Ali Reza Iftekhar, has been a consistent presence in Asiamoney’s annual best bank awards. Over the last year, the firm went the extra mile to remind the market why.
  • The nine years since Dhaka Bank incorporated its investment banking arm have been as action-packed as its executive team could have anticipated in 2013. Indeed, Dhaka Bank, led by chief executive Emranul Huq, epitomises much of the transformation seen in Bangladesh in the last decade.
  • UCB Investment, a wholly owned subsidiary of commercial bank United Commercial Bank, was formed in 2011 but only received its licence to start operations as a fully fledged investment bank in October 2020. The period that followed was anything but typical, thanks to global turmoil and uncertainty. Through it all, the bank kept its cool to serve customers – and secure the Asiamoney best corporate bank award for 2022.
  • Darshan Perera, chief executive of NDB Investment Bank, oversaw a stellar year for the full-service investment bank in 2021; the runaway market leader stood out thanks to its wide range of debt and equity capital market deals and M&A transactions, and it held corporate advisory roles on large trades.
  • Mark Surgenor started work as chief executive of HSBC’s Sri Lankan business in December 2021. Within just a couple of months, his bank found itself operating in a country in chaos. Sri Lanka’s economic crisis quickly turned into a political one, leading to a change in prime minister and cabinet and the sovereign’s landmark default on its international debt.
  • The changing of the guard at a systemically important Sri Lankan bank can be alarming even in the best of times. But throw a political and economic crisis into the mix and the situation becomes even more fraught.
  • The changing of the guard at a systemically important Sri Lankan bank can be alarming even in the best of times. But throw a political and economic crisis into the mix and the situation becomes even more fraught.
  • Sampath Bank wins Asiamoney’s award for best bank for corporate and social responsibility this year because of the impact of its innovative and social-changing ways during Sri Lanka’s economic crisis.
  • Sri Lanka has had a rough 12 months, buffeted by a combination of the Covid-19 pandemic, economic shocks and political turmoil. But People’s Bank managed to navigate the choppy waters well, winning Asiamoney’s award for best domestic bank in the country for 2022.
  • In early 2017, when Dimantha Seneviratne took the reins as chief executive of NDB Bank, he unveiled the bank’s 'Transformation 2020' strategy to strengthen its corporate banking business. The plan, in consultation with the International Finance Corporation, aimed to improve policies toward small and medium-sized enterprises and the microfinance sector, and support businesses led by women.
  • Sri Lanka has had a rough 12 months, buffeted by a combination of the Covid-19 pandemic, economic shocks and political turmoil. But People’s Bank managed to navigate the choppy waters well, winning Asiamoney’s award for best domestic bank in the country for 2022.