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Mawratanews.lk | Sri Lanka Latest Sinhala News and Headlines
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Home Business

People’s Bank Becomes the First State-Owned Bank in Sri Lanka to Achieve ISO 22301:2019 Certification

June 9, 2026
in Business
Reading Time: 10 mins read
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People’s Bank Becomes the First State-Owned Bank in Sri Lanka to Achieve ISO 22301:2019 Certification
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People’s Bank has achieved a significant milestone by becoming the first state-owned bank in Sri Lanka to be awarded the internationally recognised ISO 22301:2019 certification for its Business Continuity Management System (BCMS).

The certification was awarded by the global leading certification company Bureau Veritas following a comprehensive assessment of the Bank’s business continuity framework and operational resilience capabilities.

Commenting on the achievement, Mr. Clive Fonseka, Chief Executive Officer/General Manager of People’s Bank, stated: ‘Achieving ISO 22301:2019 certification is a significant milestone for People’s Bank and reflects our unwavering commitment to operational resilience, service continuity, and customer trust. As the first state-owned bank in Sri Lanka to receive this prestigious certification, we remain focused on strengthening our systems and processes to ensure uninterrupted banking services while delivering the highest standards of reliability and excellence to our customers and stakeholders.’

ISO 22301 is the global standard for Business Continuity Management, enabling organizations to effectively prepare for, respond to, and recover from unexpected disruptions while ensuring the continuity of critical services. The certification demonstrates People’s Bank’s capability to maintain essential banking operations and safeguard customer interests even during adverse situations.

The implementation of the BCMS was carried out with the professional guidance of Millennium IT E.S.P (pvt) Ltd, with consultancy support provided by Ernst & Young, Sri Lanka and spearheaded by the Banking Support Services Department. This achievement reflects the Bank’s continuous commitment to strengthening governance, risk management, operational resilience, and service excellence in line with international best practices.

As one of Sri Lanka’s leading licensed commercial banks, People’s Bank continues to drive innovation and customer-centric banking while maintaining the country’s largest banking network. With assets exceeding LKR 3.7 trillion and a customer base of over 15.3 million, the Bank remains committed to delivering accessible and reliable banking services. The ISO 22301:2019 certification further strengthens its commitment to operational excellence, resilience, sustainable growth, and uninterrupted customer service.

Photo – People’s Bank receiving the ISO 22301:2019 Certification.

(L-R)-People’s Bank-Assistant General Manager-Banking Support Services Mr. Lal Pieris,Dep.Manager-Mrs. Ishani Weerasinghe, Assistant General Manager-Revival Unit-Mr. Madhawa Kanakkahewage, Deputy General Manager-Banking Support Services-Mrs. Indumini Rathnayake, CEO/GM Mr. Clive Fonseka, Bureau Veritas-Country General Manager-Mr. Shan Nanayakkara,Manager- Marketing & Sales -Mr. Subash De Silva- Ernst & Young, Sri Lanka- Associate Director, Technology Consulting,    Mr. Gayan Wijesundara, Assistant Manager, Technology Consulting-Mr. Kavanthissa Ranaraja-Millennium IT E.S.P Director-Business Development-Platform-Mr. Ruhunu Dissanayake.

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