Shashi Kandambi, GM/CEO, NSB with the award.
The National Savings Bank (NSB) has been honored with the Sustainable Development Goals (SDG) Award by the World Savings and Retail Banking Institute (WSBI). The accolade recognizes NSB’s outstanding contribution to advancing the United Nations’ Sustainable Development Goals through sustainable, inclusive, and technology-driven banking practices.
The award was presented to Shashi Kandambi, GM/ CEO, NSB, by Peter Simon, CEO, WSBI, at a ceremony held in Washington, D.C. It highlights NSB’s pioneering achievements in four key areas: climate finance, consumer protection, digital transformation, and technological innovation—core elements of WSBI’s mission to embed sustainability, inclusion, and social responsibility in global banking.
NSB has been at the forefront of mobilizing capital for climate action, investing in renewable energy, green finance, and low-carbon initiatives. It has promoted consumer protection through initiatives that foster financial literacy, transparency, and safeguards for vulnerable customers. The Bank has also accelerated digital transformation, leveraging technology to enhance accessibility, inclusivity, and service efficiency, while fostering sustainable banking models that combine innovation with environmental and social impact.
NSB’s inclusion among this distinguished group elevates Sri Lanka’s profile on the international stage as a leader in sustainable and responsible banking. The recognition strengthens NSB’s credibility and reputation among customers, regulators, and global partners as a purpose-driven institution committed to positive social and environmental outcomes. The award reinforces NSB’s strategic focus on expanding sustainability initiatives in climate finance, digital inclusion, and consumer protection. It also positions the Bank as a national and regional role model for integrating environmental and social responsibility into its operations while empowering communities through ethical financial solutions.
After receiving the award, Kandambi stated, “It is a great privilege to receive this recognition from WSBI. It reaffirms our conviction that financial institutions must play a proactive role in addressing global challenges such as climate change, digital inclusion, and consumer protection.”
