(TAN): The Indian Hotels Company (IHCL), South Asia’s largest hospitality company has won the Golden Peacock Award for Excellence in Corporate Governance – 2019. This award, declared by the Institute of Directors (IOD), India, recognized the company’s excellence in Corporate Governance. The award was received by Mr. Beejal Desai – Senior Vice President & Company Secretary, in the presence of a distinguished gathering of business leaders during IOD’s “19th Annual London Global Convention on Corporate Governance & Sustainability” held at London.
Mr. Beejal Desai – Senior Vice President & Company Secretary, IHCL, said, “It is an honour for IHCL to receive this recognition for its exemplary corporate governance practices. The award is a reflection that corporate governance practices are an integral part of the company’s DNA, which help ensure efficient conduct of its affairs, without compromising its core values.”
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The Golden Peacock Awards, established for over 25 years, have a meticulously defined and transparent selection criteria and are determined by a highly elaborate and independent assessment process.
The awards, instituted by the Institute Of Directors (IOD) in 1991, are now regarded as a benchmark of Corporate Excellence worldwide and over the time, have become a hallmark of excellence, both locally and globally. The Golden Peacock Awards recognise the best organizations that have significantly embedded risk management strategies, corporate governance and sustainability practices into their operations and decision making processes, leading to improved company performance.
