Oxford College of Business, Sri Lanka’s foremost private higher education institution, has reaffirmed its leadership in governance excellence, with its Annual Report 2024/2025 titled “Lasting Change” being adjudged one of Sri Lanka’s Ten Best Integrated Reports at the CMA Excellence in Integrated Reporting Awards 2025. Oxford College of Business also secured a second honor — the prestigious title of Best Integrated Report – Higher Education Sector, solidifying its position as the benchmark for future-ready reporting in the academic sector.

Elite Recognition for Integrated Reporting Excellence

Presented for the 11th consecutive year, the CMA Excellence in Integrated Reporting Awards are among Sri Lanka’s most respected recognitions of corporate accountability. The awards evaluate and spotlight organizations that demonstrate transparent, credible, and strategically aligned communication through their annual reports. They recognize excellence based on integrated financial and non-financial disclosures including environmental performance, social impact, risk strategy, governance ethics, and forward-looking stakeholder value creation. With ESG rapidly becoming a cornerstone of business resilience, the CMA Awards highlight institutions that not only publish results — but articulate a compelling narrative of purpose-driven, responsible growth.

This year’s judging panel praised Oxford College of Business for its detailed value creation model, clarity of ESG progress, and bold commitment to integrated thinking as a driver of national advancement and human capital upliftment.

Competing Among Sri Lanka’s Most Influential Corporates
Oxford College of Business joined an elite circle of organizations recognised among Sri Lanka’s Ten Best Integrated Reports, standing alongside some of the nation’s most powerful and respected listed corporates — including John Keells Holdings, Hemas Holdings PLC, Commercial Bank PLC, NDB PLC, National Savings Bank, Bank of Ceylon, Hayleys Fabrics PLC, LB Finance PLC, Dipped Products PLC, Heycarb PLC, Softlogic Life Insurance PLC, and Talawakelle Tea Estates PLC.

In a moment of immense pride, Oxford College of Business emerged as the only private limited company to be honoured among these leading corporates. This rare achievement highlights OCB’s ability to deliver corporate-grade governance and reporting excellence within the higher education sector — outperforming organisations with far greater market capitalization and operational scale.

Raising the Bar for Accountability in Higher Education

This achievement signals a profound shift in the role that learning institutions now play in shaping economic responsibility and ethical societal progress. It underscores that modern higher education must go beyond the lecture hall — demonstrating integrity, accountability, and strategic maturity equal to that of the nation’s leading corporates.

Oxford College of Business continues to champion an educational environment where governance excellence directly contributes to national competitiveness, future workforce readiness, and sustainable transformation.

Purpose-Driven Value Creation

Speaking on this milestone, Malindu Ranasinghe, Director / CEO of Oxford College of Business, shared: “Integrated reporting is a reflection of organizational truth — it shows who we are behind the achievements. To be named among the top ten integrated reports in Sri Lanka, and the best in our sector, validates our belief that education must serve as a catalyst for sustainable transformation. We are honored to stand alongside the nation’s most influential corporates — and to do so as the only private limited company in their ranks. Above all, I give glory to God for His grace, guidance, and faithfulness that continue to lead our institution forward.”

He further emphasized that the report serves as “a transparent mirror to the world, showcasing how Oxford College of Business drives intellectual progress, economic value, and societal advancement through a single integrated strategy.”

Adding to this, Dr. Steve McPeake, Dean of Oxford College of Business, highlighted the academic significance of this achievement: “Integrated reporting represents the convergence of knowledge, accountability, and impact — values that are deeply embedded in our academic framework. This recognition demonstrates that higher education can lead not only to teaching and research but to responsible governance and value creation. At Oxford College of Business, we are preparing future leaders who understand that business performance must advance society — and this award reinforces that our philosophy is not only taught but practiced.”

A Future-Ready Model for Responsible Capitalism

This recognition highlights OCB’s consistent focus on aligning global reporting standards with local impact — ensuring that every dimension of its business model contributes meaningfully to Sri Lanka’s sustainability agenda, ethical economic trajectory, and human development goals.

As the country looks ahead to a new era of resilience and competitiveness, Oxford College of Business stands as a powerful testament to how higher education can lead national transformation — not only through academic excellence, but through governance leadership. Through continuous innovation in reporting frameworks, digital transparency, accountability systems, and stakeholder engagement, Oxford College of Business continues to redefine what a modern Sri Lankan education brand can represent. This award adds to a growing list of national and international accolades that validate OCB’s position not just as an educational institution — but as a sophisticated, governance-driven organization shaping the future of private higher education in the region.