Colombo, 6^th October, 2023 — Oxford College of Business (OCB) has once again emerged triumphant at the prestigious CMA Excellence in Integrated Reporting Awards 2023, securing the winner’s title in the Educational Services Category. This marks the institution’s third consecutive year as a category winner, solidifying its position as a leader in transparent reporting within the higher education landscape.

Organized annually by the Institute of Certified Management Accountants of Sri Lanka (CMA Sri Lanka), the awards recognize organizations that excel in presenting a comprehensive and transparent view of their performance, financial position, and governance through integrated reporting.

OCB’s commitment to transparency is unprecedented in the private higher education sector, making it the sole institution consistently demonstrating such dedication. This accolade underscores OCB’s unwavering commitment to providing stakeholders with clear insights into its operations and financial health.

The Educational Services Category win is a testament to OCB’s continuous efforts to enhance reporting practices, ensuring that stakeholders, including students, parents, and regulatory bodies, have access to accurate and comprehensive information.

In addition to the CMA Excellence in Integrated Reporting Awards, OCB’s financial strength received external validation with a first-time National Long-Term Rating of ‘A(lka)’ from Fitch Ratings, further affirming the institution’s robust financial management and stability.

Mr. Malindu Ranasinghe, Director/CEO of Oxford College of Business, expressed his delight at the institution’s continued success. “I give all glory and honour to Christ Jesus alone for this great achievement. This recognition is a testament to our unwavering commitment to transparency, integrity, and excellence. OCB stands out as a beacon of responsible reporting in the private education sector, ensuring that our stakeholders can trust in the quality and sustainability of our operations.”

The awards ceremony saw participation from various sectors, each vying for acknowledgment of their dedication to transparent business practices. OCB’s consistent recognition underlines its leadership not only in education but also in financial stewardship.

As Oxford College of Business looks to the future, it remains committed to upholding the highest standards of integrity and transparency in reporting. The institution continues to set benchmarks, emphasizing the importance of clear communication and accountability in the educational sector.

Corporate Communications
Oxford College of Business