Business
GroupM Sri Lanka Creates History: Wins 4 Top Honours at Campaign Asia Agency of the Year Awards
GroupM agencies Mindshare & Wavemaker win all 4 of the top awards across digital & media categories.
This marks a historic first for any Sri Lankan agency group.
GroupM, the global leader in media investment management, yet again marked its influential two-decade plus presence in Sri Lanka’s media industry, securing the top honors across Media & Digital at the highly coveted Campaign’s Agency of the Year awards for the year 2023.
The Campaign’s Agency of the Year awards acknowledges inspirational leadership, managerial excellence, exceptional business performance, and overall accomplishments in the realms of advertising and brand communications. Distinguished by results meticulously tabulated by PwC, this singular award show stands out as the sole platform honoring agency excellence across various dimensions of agency operations, encompassing Client Work, Talent Management, Culture, Innovation, Business Resilience, and more.
GroupM Sri Lanka achieved a historic feat in the key categories of Rest of South Asia: Digital Agency of The Year and Rest of South Asia: Media Agency of The Year. Both of GroupM’s agency brands, Mindshare and Wavemaker, earned a Silver award each in both categories which were the highest honours awarded. This exceptional performance resulted in the total of four category topping Silver awards, across Media & Digital. This accomplishment is unprecedented, representing the first time in history that a Sri Lankan agency group has achieved such recognition.
Commenting on the win, GroupM Sri Lanka Managing Partner Namalie Herath said, “I am incredibly proud of achieving this historic milestone, which is a testament to the unparalleled dedication, innovation and expertise of our talented teams. It is not just an accolade, it is a reflection of our commitment to pushing boundaries, embracing change and consistently delivering excellence in the dynamic landscape of media and digital marketing. This historic win is a stepping stone for even greater accomplishments, and we are excited about the limitless possibilities that lie ahead for GroupM.”
GroupM Sri Lanka Vice President, Digital – Shalendra Mendis said, “In the last 5 years, GroupM has won 3 Golds and 2 Silvers in the Digital Agency of the Year Category, marking a winning streak that is unmatched. In 2023 we raised the bar further and created history by winning with 2 agency brands in one year. Immensely proud of our teams who push for excellence and drive this industry forward.”
A WPP company, GroupM stands as the holding company overseeing agencies Mindshare, Wavemaker, EssenceMediacom, Motivator, and m/SIX, boasting a noteworthy two-decade plus presence in Sri Lanka’s media industry. GroupM takes pride in its collaboration with the most extensive portfolio of media clients in the country, serving diverse entities ranging from large multinationals, local conglomerates, and state enterprises to SMEs and e-commerce and tech-based businesses.
In addition to its core agencies, GroupM’s specialized units, GroupM Digital, GroupM Investment, and GroupM ESP, have expanded their service offerings to remain pertinent to evolving market conditions and consumer preferences. This extension encompasses a broad spectrum, including digital, outdoor, activations, partnerships, data, tech, and content. The agency also distinguishes itself as a vital driving force propelling the digital media ecosystem in the country and is recognized as the central knowledge hub of the media landscape.
Business
Ceylinco Life agent among three global finalists for award
Ceylinco Life’s Ambalantota branch agent AIP Manjula has been named one of three global finalists for the prestigious Insurance Agent of the Year award at the 11th Asia Trusted Life Agents & Advisers Awards (ATLAA) 2026.
The recognition places a Sri Lankan insurance professional among the finalists in a regional field spanning South Asia, Southeast Asia, East Asia and the wider Asia-Pacific region.
Ceylinco Life said the achievement reflected the calibre and customer-focused approach of its agency force, while recognising Manjula’s professionalism and commitment to policyholders.
The award evaluates insurance agents on criteria extending beyond sales performance, including ethical conduct, client service, policy persistency, digital adoption, innovative practices and contributions to the insurance industry and community.
The awards are organised by Asia Advisers Network and Asia Insurance Review, with LIMRA as co-organiser. An independent judging and balloting process is monitored by KPMG as the official scrutineer. The judging panel comprises senior insurance executives, association presidents and industry experts from across the Asia-Pacific region.
Business
CEAT Kelani retains AA+ rating for sixth year
CEAT Kelani Holdings (CKH) has retained its National Long-Term Rating of ‘AA+(lka)’ with a Stable Outlook from Fitch Ratings for the sixth consecutive year, reflecting the company’s financial resilience and leading position in Sri Lanka’s pneumatic tyre market.
The ‘AA+(lka)’ rating, the second-highest on Fitch’s national scale, indicates a very strong capacity to meet financial commitments.
Fitch said CKH’s established market leadership and resilient financial profile remained key strengths, while noting its exposure to price-sensitive, cyclical and highly competitive markets.
The Stable Outlook reflects expectations that the company will maintain its market position despite rising input costs and increasing competition from imported tyres, while preserving adequate credit metrics during periods of weaker earnings and higher investment.
Fitch expects CKH’s established brand, extensive dealer network and adaptive pricing strategies to support its market position. Planned production facility upgrades are also expected to improve product quality, particularly in the radial tyre segment.
The rating agency expects near-term pressure on margins from higher raw material and energy costs but said the company’s low leverage and sound liquidity would provide a cushion.
CKH Chairman Chanaka De Silva said the rating reinforced the company’s focus on disciplined financial management, operational adaptability and long-term investment.
Business
Commercial Bank leads nationwide aquatic clean-up drive
Commercial Bank of Ceylon mobilised employees, customers, volunteers and community members for a nationwide coastal and aquatic clean-up campaign across 20 locations on September 19 to mark International Coastal Cleanup Day 2026.
Conducted under the bank’s sustainability platform, themed ‘Forward Together for a Cleaner Future’, the initiative covered 16 coastal locations and four inland waterways, bringing together stakeholders for a coordinated environmental conservation effort.
The flagship programme was held at Mount Lavinia Beach, with additional activities at Wellawatte and Galle Face beaches. Similar initiatives were conducted by the bank’s regional offices at locations including Kalutara, Negombo, Trincomalee, Batticaloa, Puttalam, Jaffna, Galle, Dondra, Tangalle and along the Mahaweli River.
Employees, management, Future Force volunteers, customers and their families participated alongside the Marine Environment Protection Authority (MEPA), United Nations Global Compact Network Sri Lanka, government and local authorities, environmental organisations and community members.
The bank said the initiative reflected its commitment to water stewardship after adopting Sustainable Development Goal 6 — Clean Water and Sanitation — as a priority goal in 2025.
-
News4 days agoMastermind Naufer Moulavi among 15 found guilty
-
News6 days agoHatton youth protest against reported death sentence for Lankan in Saudi Arabia
-
News6 days agoMahaweli rises as heavy rain triggers flood, landslide fears
-
News5 days agoProtest against setting up of cement factory in highly populated area near BIA
-
Midweek Review4 days agoThileepan’s fast unto death: An authentic narrative that many missed
-
Editorial5 days agoTrouble beginning in earnest
-
Latest News3 days agoShowers above 100 mm are likely at some places in the Western, Sabaragamuwa, Central and North-western provinces and in Galle and Matara Districts
-
Editorial4 days agoBig Bad Bills
