The Indian Hotels Company Limited (IHCL), South Asia’s largest and most iconic hospitality company, has been recognised as the winner of the Best Corporate Governance Award in Asia in the Leisure & Hospitality category at this year’s Ethical Boardroom Corporate Governance Awards.
Puneet Chhatwal, Managing Director and Chief Executive Officer, IHCL, said, “It is an honour to receive the highest rating for corporate governance at the Ethical Boardroom Awards. IHCL's philosophy on corporate governance, since inception, has been based on integrity, excellence and ethical values. This award reflects our commitment to conduct business in an inclusive and transparent manner.”
The Ethical Boardroom Corporate Governance Awards recognise and reward outstanding companies who have exhibited exceptional leadership in governance. 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.