November 22, 2018

The Indian Hotels Company receives top honours at the Ethical Boardroom Corporate Governance Awards 2018

Mumbai: The Indian Hotels Company (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 and hospitality category at this year’s Ethical Boardroom Corporate Governance Awards.

From left: Beejal Desai, senior vice president, legal and company secretary, and Puneet Chhatwal, managing director and chief executive officer, the Indian Hotels Company, with the Ethical Boardroom Best Corporate Governance Award and certificate

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 recognises and rewards 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 thorough analysis and extensive scrutiny on governance attributes, such as board composition and evaluation, risk management, leadership, sustainability, engagement and transparency.