IHCL receives Top Honours at the Ethical Boardroom Corporate Governance Awards 2019
It is for the second consecutive year that Ethical Boardroom has presented the award to the brand
The Indian Hotels Company (IHCL) has been honoured at the prestigious Ethical Boardroom Corporate Governance Awards 2019 presented by Ethical Boardroom, a premier institution based out of London.
The Company has been recognized as the winner of the Best Corporate Governance award in Asia in the Leisure & Hospitality category at the Ethical Boardroom Corporate Governance Awards 2019 for the second consecutive year. Further, Mr. Puneet Chhatwal, Managing Director and Chief Executive Officer was awarded CEO of the Year in Asia and Mr. Beejal Desai, Sr. Vice President and Company Secretary was conferred the Best Company Secretary, Asia award in the Leisure & Hospitality category at the awards.
Speaking about these awards, Mr. Puneet Chhatwal stated, “It is an honour for IHCL to be the recipient of the highest rating for corporate governance at the esteemed Ethical Boardroom Awards year-on-year. The Tata Group’s core values of Integrity, Responsibility, Excellence, Pioneering, and Unity are engrained in IHCL's philosophy on corporate governance since inception. The award inspires us to only further strengthen our commitment in conducting business in an inclusive and transparent manner.”
The annual Ethical Boardroom Corporate Governance Awards recognizes and rewards businesses and individuals, who have exhibited exceptional leadership in governance to drive long-term value for all their stakeholders. The awards highlight the important role that corporate governance plays in dictating a company’s success and a board’s contribution to the creation of long-term value. All finalists in this year’s Awards have undergone a thorough analysis and extensive scrutiny on governance attributes, such as Board Composition & Evaluation, Risk Management, Leadership, Sustainability, Engagement and Transparency.