First Capital Holdings PLC, a leader in Sri Lanka’s financial services sector, celebrated a momentous achievement at the 2024 TAGS (Transparency, Accountability, Governance, Sustainability) Awards organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) for the 59th consecutive year, the event took place at the Shangri-La Hotel, Colombo, where First Capital was honoured four prestigious awards, with the coveted “Gold Award” in the Investment Banking category. In addition to this, First Capital was also awarded a Certificate of Recognition for Overall Excellence in Integrated Reporting, further underscoring its dedication to high standards in corporate reporting.
The TAGS Compliance Badge, introduced in 2023, was awarded to participants as a symbol of their commitment to advancing corporate reporting standards. With the multiple accolades at this year’s TAGS Awards, First Capital continues to display the TAGS Compliance Badge, reinforcing its leadership in reporting excellence.
At the prestigious TAGS Awards ceremony, First Capital Holdings PLC earned the Gold Award in the Investment Banking category. This recognition emphasises the company’s exceptional performance and its continued leadership as an Investment institution. In another outstanding achievement, First Capital Treasuries PLC, a subsidiary of First Capital Holdings PLC, was awarded the Gold Award in the newly listed companies’ category. This honour reflects the company’s dynamic approach to corporate reporting and its ability to effectively communicate financial performance in a transparent and accessible manner. Additionally, First Capital Treasuries PLC secured the Silver Award in the Service Sector (excluding other service categories), reinforcing its exceptional performance in delivering high-quality treasury services. Furthermore, First Capital Money Market Fund received the Bronze Award in the Unit Trust sector. This accolade acknowledges the fund’s consistent performance in the money market and the company’s commitment to providing value for investors.
Dilshan Wirasekara, Managing Director and CEO of First Capital Holdings PLC expressed his immense pride at receiving four prestigious awards at the 2024 TAGS Awards, with the coveted Gold Award in the Investment Banking category. He highlighted that these accolades are a testament to the company’s unwavering dedication to excellence, not just in financial performance but also in corporate transparency and responsible reporting. He further emphasised that First Capital’s approach to corporate reporting goes beyond just presenting financial figures. The company’s commitment to clear and integrated reporting plays a crucial role in demonstrating its accountability, not only to its stakeholders but also to the wider community.
Mangala Jayashantha, Chief Financial Officer of First Capital Holdings PLC said, “The recognition we have received at the TAGS Awards is a proud moment for all of us at First Capital. It truly reflects the hard work, dedication, and integrity that our team consistently brings to the table. I believe our commitment to integrated reporting and transparency is key to building a strong foundation of trust with our stakeholders. By aligning ourselves with respected frameworks like the GRI and the Integrated Reporting Framework, we have been able to demonstrate our dedication to both financial performance and broader sustainability goals. This honour not only acknowledges our efforts so far, but also motivates us to continue improving and innovating in our reporting practices.
The success at the TAGS Awards marks a significant milestone for First Capital, but the company remains focused on continuing to enhance its corporate reporting practices. By leveraging digital tools and embracing the latest advancements in AI and technology, First Capital aims to stay ahead of the curve in providing transparent, accurate, and accessible reports to its stakeholders. As the company looks to the future, it will continue to prioritise sustainability, governance, and accountability in all its operations.
Ends.
About First Capital Holdings PLC
First Capital Holdings PLC is a listed full-service investment institution in Sri Lanka, operating as a primary dealer, corporate finance advisor, wealth manager and stockbroker. With strong emphasis on upholding stability, fostering a competitive advantage, and providing an exceptional customer experience, together with the support of the Janashakthi Group, First Capital focuses on staying true to its ‘Performance First’ ethos. The company has been recognised as the Most Valuable Consumer Brand in the Investment Banking sector by Brand Finance for two consecutive years. First Capital has been honoured with the highest recognition as the ‘Brand of the Year’ at the SLIM Brand Excellence Awards 2024. With over four decades of expertise in providing capital market solutions, First Capital Holdings PLC is rated [SL] A with Positive outlook by LRA.
