All posts by : riyaMDD

Kasuni Hansana Seneviratne, a student attending Rathnavali Balika Vidyalaya Gampaha, was recently rewarded by AB Securitas Ltd. (ABS) for achieving the island 1st rank at the G.C.E. O/L’s 2018. The management of AB Securitas presented her with a cash gift and a state-of-the-art laptop, which will help Kasuni pursue her academic goals, at the organisation’s headquarters on 4 April.

Kasuni is the daughter of M.L. Seneviratne, a loyal employee who currently works in the Cash Management Division of AB Securitas. Thus, this occasion symbolises AB Securitas’ aim to uplift and empower their employees’ families, and fits into the Abans Group’s overall goal of granting every child of every socioeconomic background with the funds to attain a high-quality education.

“ABS is truly proud of Kasuni Hansana and her achievements. The management of AB Securitas Ltd. always looks after the wellbeing of their valued employees. To further motivate our staff members, ABS annually rewards their children who excel at the G.C.E. O/L and A/L’s. This has become a treasured tradition in our AB Securitas Family. In addition to taking care of our staff members, ABS also believes that it is mandatory to look after the welfare of their families as well, which enhances our employees’ loyalty to ABS and creates more avenues for them to experience an enriching lifestyle. We hope to continue this wonderful cause in the future,” said Pradeep Kannangara, Retired Wing Commander and Director – AB Securitas, on the decision to present the award to Kasuni. 

AB Securitas was founded in 1992 as a private security service provider. Initially the Company started offering static security services to major organisations. However, the Company has now expanded to include Cash Management and Cash in Transit (Cash Transportation with armed escorts) as part of its diverse service portfolio. 

Over the past six years, the award-winning AB Securitas has steadily risen to become a leading total loss prevention solutions provider in the country, with a current turnover of above Rs. 1 billion per annum. This is a clear indication of the successful direction that AB Securitas will continue to follow in the near future, and the immense trust placed in the Company by its most valued customers.

AB Securitas Ltd., a member of the Abans Group, achieved the National Quality award for Business Excellence under Service Sector (Large Scale) category at the National Quality Awards 2015 which was held at BMICH Colombo on 14 October. 

AB Securitas Ltd., the leading Loss Prevention and Secure Transport service provider in Sri Lanka is being honoured with the National Quality award for Business Excellence under Service Sector (Large Scale) in Sri Lanka, at the National Quality Awards 2015 which was held at BMICH on 14 October. Minister of Science Technology and Research Susil Premajayanth graced the function as the Chief Guest where Ministry of Rural Economic Affairs Secretary D.K.R. Ekanayake and Ministry of Science, Technology and Research Secretary R. Wijialudchumi participated as special guests. 

National Quality Awards is organised by Sri Lanka Standards Institution (SLSI), the national Standards Body of Sri Lanka every year in order to recognise the business excellence of Sri Lankan organisations. The National Quality Award recognises quality excellence based on the world renowned Malcolm Baldrige model. It is judged by a panel of industry experts/business leaders against in-depth scoring criteria covering seven key areas namely Leadership, Strategic Planning, Customer Focus, Measurement, Analysis and Knowledge Management, Workforce Engagement, Operational Focus and Results.

AB Securitas Ltd. is the first ever Lost Prevention Service Provider in the country to be bestowed with this prestigious award. The company commenced operations in year 1994 and it is one of the first Sri Lankan Loss Prevention Companies to obtain ISO 9001 certification for quality management and only Loss Prevention Company to posses OHSAS 18001 Certification for health and safety which is a clear indication of its commitment towards a high quality service to their customers and other stake holders. 

The company is in operation over two decades leading its way in Loss Prevention, Cash in Transit, Total Cash Management, ATM Management and Electronic Security and has Island wide presence with fully fledged Cash Management Centres in Anuradhapura and Matara. AB Securitas is an active founding member of SLASSPA (Sri Lanka Security Services Provider’s Association) since year 2005 and also an active member of the Industrial Security Foundation (ISF) since year 2009.

AB Securitas has ventured in to international market as well with ABS Bangladesh Ltd. which is a fully own subsidiary of the company. ABS Bangladesh provides Loss Prevention Services, Cash in Transit and Cash Management Services, Electronic Security and Facility Management Services to many leading commercial sector Companies in Bangladesh. 

Wing Commander (Rtd.) Pradeep Kannangara Director of AB Securitas stated, “We are proud to receive this prestigious award and this is indeed a result of the strength of excellent teamwork and operational excellence which is the key of our success. This award reinforces our commitment towards a high quality service as we continuously strive to exceed the expectations of our stake holders by incorporating best practices from Global giants in the industry. Our Core business of Total Cash Management and Cash Transportation congregates a Valuable Corporate Social Responsibility by ensuring the un-interrupted currency movement and currency availability in the market.”   

“Further I would like to take this opportunity to express our heartiest gratitude to Sri Lanka Standards Institution and the National Quality Awards Team for recognising our efforts and also to thank the entire Team of AB Securitas who worked untiringly to achieve this award.” 

The AB Cash Management services entity, which is under AB Securitas (Pvt.) Ltd, a leading total loss prevention solutions provider in the country, recently introduced Total SSD Management in Sri Lanka. 
This newest add-on to the products and services is the novelty concept of Brown Label SSD. The project is operated under AB Cash Management to cater to multiple aspects and demands in commercial and industrial security in Sri Lanka. 

The signing of the agreement for this new venture took place at Amana Bank, with the participation of the managing directors of both organisations.

As a continuous service development, AB Securitas launched this new service together with the total solution where they look into the hardware management and service, electronic security, AC facility and security guard services. This new system at the banks includes having one single point of contact, lack of capital expenditure for banks, as they charge a monthly service charge, no maintenance or staff cost, it’s hassle-free and with this, the banks can focus on giving their full attention to the core business as AB Securitas takes care of the non-core activities. The first system was launched with Amana Bank in Thoppur, Trincomalee. 

ATM Management Service has covered all ATM-related services, including replenishments, calls out and first-line maintenance. The replenishment services include cash replenishments, clear cards, clear cash, clear deposits, journal roll replacement, ribbon replacement, cash reconciliation, maintaining consumables of ATM/CDM and closing and reactivating ATMs. Brown Label ATMs are those automated teller machines where hardware and lease of the ATM machine are owned by AB Securitas but the cash management and the connectivity to banking networks are provided by a sponsor bank whose brand is used on the ATM.  

Under this new concept, AB Securitas provides the total end-to-end solution from the ATM and CDM machines to cash collections (CIT), replenishments and reconciliation, real-time monitoring of machine behaviour and forecasting, currency processing and storage, RTGS, Central Bank deposits/withdrawals, static security and cleaning, CCTV systems, middleware and quick response (QRT).