Tag Archive | "Award"

The Sheikha Manal Young Artist Award announces additional prizes for #ClickYAA Competition category

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The Sheikha Manal Young Artist Award announces additional prizes for #ClickYAA Competition category

4116Following the directives of Her Highness Sheikha Manal Bint Mohammed Bin Rashid Al Maktoum, President of Dubai Women Establishment, wife of His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, UAE; The Sheikha Manal Young Artist Award today revealed that the newly launched #ClickYAA Competition category will now recognise and reward three winners.

This directive will further increase the total prize money to AED 430,000, with AED 50,000, AED 30,000 and AED 20,000 cash prize for winner, runner up and second runner up, respectively of the four competition categories (Fine Arts, Photography, Multimedia and Design) along with a greater cash prize of AED12,000 for the winner of the ‘People’s Choice Award’. Furthermore, the #ClickYAA Competition category, will award three recipients with a cash prize that will break down as AED 10,000, AED 5,000 and AED 3,000 for winner, runner up and second runner up, respectively.

On the occasion, Mona Bin Kalli, Director of The Cultural Office of HH Sheikha Manal bint Mohammed bin Rashid Al Maktoum said, “The enhancements to our award value follows the wise directives of Her Highness Sheikha Manal bint Mohammed bin Rashid Al Maktoum, who has expressed her pleasure at the noted popularity of the recently launched #ClickYAA competition category. In light of the growing reach of social media, which has not only become one of the most powerful tools of communication today but also evolved in a creative medium for the expression of art, our intention behind the #ClickYAA award category is to serve as yet another stepping stone for young emerging talents discover their artistic sides.”

The art exhibition of shortlisted entries for 9th edition of The Sheikha Manal Young Artist Award is now open to the public in CITY WALK, Jumeirah at the junction of Al Wasl and Al Safa roads. Members of the public are invited to share their experience of the art show with its new #ClickYAA social media photography contest. Over the course of the exhibition, which will open until 24th January, 2015, participants may creatively capture moments from the exhibition to post on Instagram while using the official hashtag: #ClickYAA. The best three photographs will win.

The open-air exhibition, which is curated by Patricia Millns, Artist and Advisor - is strategically located within the heart of the city’s urban arts scene at CITY WALK - the premium outdoor destination by Meraas Holding. Designed for discerning visitors with eclectic taste, CITY WALK has quickly become an urban cultural hub of the city, making it the ideal location to host the 9th edition of the Exhibition of 50 Shortlisted Artworks of The Sheikha Manal Young Artist Award.

Moreover, the public voting component of ‘The People’s Choice Award’ is now open through the website’s online voting feature. The People’s Choice Award is distinctive in that it is the only award that is not conferred by the jury. Rather, it is bestowed on the finalist artist whose work receives the most public votes. To view the 50 shortlisted entries and to submit your vote for ‘The People’s Choice Award’ please visit www.youngartistaward.ae.

The distinguished panel of judges for the 2014 edition of the Award comprises of industry professionals and practicing artists from the local and international art community, which includes Dr. Lamees Hamdan, Commissioner of the National Pavilion of the United Arab Emirates at La Biennale di Venezia 2013, Fatma Lootah, Emirati Artist, Reem Fadda, Associate Curator of Guggenheim Museum Abu Dhabi, Antonia Carver, Fair Director of Art Dubai, Cyril Zammit, Fair Director of Design Days. The winning artists will be announced during the Gala Award Ceremony to be held in late-January 2015.

Held under the royal patronage of Her Highness Sheikha Manal bint Mohammed bin Rashid Al Maktoum, President of Dubai Women Establishment, wife of His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister for Presidential Affairs, UAE; The Sheikha Manal Young Artist Award has been around since 2006 as an annual visual arts competition which aims to encourage, recognize and promote emerging artists from the UAE and is especially popular amongst university students majoring in Art, Design and Multimedia.

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IBQ bags Best Private Banking Service Award in Qatar

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IBQ bags Best Private Banking Service Award in Qatar

415International Bank of Qatar, (ibq), has been recognised by Banker Middle East with the prestigious ‘Best Private Banking Service’ accolade in its Banking Product Awards for 2014. This is in recognition of ibq’s unrivalled private banking services, as evidenced by ibq’s private clients’ loyalty to the brand across generations.

The Banker Middle East Awards are among the most important recognition for the financial services industry in the region. The Banker Middle East Qatar Product Awards 2014 are designed to identify and reward quality and excellence in financial products and services. With more than a decade of experience in running Awards programmes for the financial services industry, Banker Middle East understands the importance of best-in-class benchmarks that are growing a dynamic and successful regional finance industry.

Jabra Ghandour, Managing Director of ibq said: “We are very proud to have received this significant award. Being recognised by Banker Middle East serves to underline our private banking excellent offerings for private wealth management services. It also highlights how ibq is fully equipped and focused on providing the best banking customer service and financial expertise to HNWI and ultra HNWI in Qatar.”

With a tailor-made suite of banking and wealth management services, ibq’s Private Banking has maintained its position as a truly pioneering Qatari bank. Its long-standing legacy within the local high net worth and ultra-high net worth community dates back to the early beginnings of the Bank in 1956.

“Since inception, we, at ibq, have built a name for bringing to the market a unique combination of tradition, innovation and most importantly prudence in portfolio management. We have developed enduring and long lasting relationships with our clients for over 50 years. Offering them access to high-quality services from a trusted and reliable partner has meant we have been perfectly positioned to help them meet their financial and wealth management objectives. Last but not least, I would like to thank our team of experts for their valuable contribution to ibq winning such an important award.” added Ghandour.

Chaouki Daher, DGM and Head of Private Banking at ibq said: “This is a major milestone for ibq Private Banking. At ibq’s Private Banking division, we pride ourselves on our core values of privacy, confidentiality and integrity. Being one of the oldest banks in Qatar, we are able to offer unparalleled levels of know-how and experience to our valued clients whom we’ve been serving for generations.”

“ibq’s private banking experts are at the forefront of the industry providing some of the most in-depth knowledge of confidential and personalised banking services for high net worth and ultra high net worth individuals in Qatar”, added Daher.

ibq’s track record is borne out by the many recent awards it has received. For its exceptional Private Banking services and its focus on long-term client relationships ibq was earlier recognised as the “Private Bank of the Year 2014” in Qatar by the International Banker. For two years in a row, ibq also previously received the prestigious Euromoney’s award for the “Best Private Bank for Privacy and Security in Qatar 2013.” Then in 2012, ibq was also awarded by Euromoney for “Best Private Banking Services for HNWI and UHNWI” in Qatar.

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Burgan Bank wins “International Diamond Star for Quality” Award From Business Initiative Directions

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Burgan Bank wins “International Diamond Star for Quality” Award From Business Initiative Directions

453Burgan Bank announced that is has recently won again and for the second year, the prestigious “International Diamond Star for Quality” award from Business Initiative Directions (BID), a world- wide renowned organization that recognizes companies that implement and promote a strong quality culture. The bank’s recognition demonstrates its commitment to applying the highest quality control measures across its operations.

Burgan Bank’s success was announced during the International Star for Quality Convention, which took place in London, United Kingdom.

Mr. Adrian Gostuski, Group Chief Operations Officer at Burgan Bank, said: “We are proud to have won again the ‘International Diamond Star for Quality’ award from Business Initiative Directions. The award signifies our overall approach of delivering world class processing solutions that meet our customer’s financial demands, and further echoes our leadership in operations, service and quality.”

“This was not the first time that BID recognizes our commitment to quality that is driven by our ‘Excellence’ as a core value. The bank was awarded with the ‘International Platinum Star for Quality’ award last year and earlier in 2008, the bank bagged the ‘International Gold Star for Quality’ award.  Pinning down such awards consecutively - from the gold to the diamond categories -  reflects the bank’s position in adopting international quality standards across its operations,” added Mr. Gostuski.

The awardees were selected by the international committee, which consisted of company leaders from more than 90 countries who meet annually in London, Paris, New York, Frankfurt and Geneva. The selection of the ‘International Star for Quality’ award is assessed across a number of areas, namely: customer satisfaction, innovation, research & development, continuing education, post sales service, quality, ISO 9001, environment recycling, business excellence, TQM implementation, profitability, permanent growth, brand management, leadership, and management.

Burgan Bank’s achievement of the Diamond award this year further builds on its string of accolades, and is a clear indication of its constant perusal of excellence through embracing international quality standards, a step that marks its strong position across the banking sector.

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Etihad airways scoops ‘World’s Leading Airline’ award for sixth year in a row

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Etihad airways scoops ‘World’s Leading Airline’ award for sixth year in a row

431Etihad Airways, the national airline of the United Arab Emirates (UAE), has been awarded the highly coveted title of ‘World’s Leading Airline’ for the sixth straight year at this year’s World Travel Awards (WTA).

In addition to winning ‘World’s Leading Airline’, Etihad Airways scooped up a further two awards ‘World’s Leading First Class’ and ‘World’s Leading Cabin Crew’.

World Travel Awards was established in 1993 to acknowledge excellence across the tourism industry and is widely recognised as a hallmark of ultimate quality. The awards are decided through a global vote by more than 500,000 travel professionals and high-end tourism consumers from 171 countries, with the ceremony held this year on the paradise island of Anguilla in the Caribbean.

James Hogan, President and Chief Executive Officer of Etihad Airways, said: “Winning three of the industry’s highest accolades is a demonstration of our commitment to be best in class in every market in which we operate.

“Etihad Airways strives for continuous innovation and improvement in product and service, because we know that is how we will maintain our industry leadership and create the best possible travel experience for our guests.”

Etihad Airways’ success at the 2014 World Travel Awards reflects the achievements of a remarkable year for the airline.

In 2014 the airline unveiled its new Airbus A380 and Boeing 787 Dreamliner product and service offering, including The Residence by Etihad, the world’s first three-room suite.

This was followed by the unveiling of the ‘Facets of Abu Dhabi’ aircraft livery design and the airline rolling out its first Airbus A380 in Hamburg Germany and Boeing 787-9 Dreamliner in Seattle, US. During 2014, Etihad Airways launched 10 new routes and also signed a transaction implementation agreement to acquire 49 per cent shareholding in Alitalia.

Graham E. Cooke, World Travel Awards Founder and President, said: “For over 20 years, the World Travel Awards has been rewarding brands which push the boundaries of industry excellence. Etihad Airways has now taken home the World’s Leading Airline award for six years in a row - a tremendous achievement. The airline’s strategy of organic growth, codeshare partnerships and minority equity stakes coupled with exceptional customer service, has delivered outstanding results and rising passenger growth.”

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Doha Bank honoured with Golden Peacock Award for Sustainability

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Doha Bank honoured with Golden Peacock Award for Sustainability

49Doha Bank, the leading private commercial bank in Qatar, has been honoured with the Golden Peacock Global Award for Sustainability 2014. The Award was presented to the Bank at the 14th London Global Convention on Corporate Governance Sustainability Global Business Meet and Presentation of Golden Peacock Awards at the House of Lords, UK Parliament, Westminster, London, recently. Dr. R. Seetharaman, Group CEO received the award from Rt. Hon. Theresa Mary May, MP – UK Home Secretary.

The theme of the summit was Boards to Lead: Effective Corporate Governance and Sustainability. Speaking at the event, Dr. Seetharaman said: “Institutions cannot afford to ignore the long-term goals and focus only on the short term. Long terms goals are achievable only when they are sustainable. Corporate structure and culture should focus on linking performance objectives with performance measures and should have a consistent design and should be implemented across the entire organisation. Improved oversight over board compositions, improved disclosure and transparency and the effective use of audit functions are key areas which require focus. Boards are increasingly considering sustainable development aspects at the committee levels. Board excellence contributes to sustainable development.”

Dr. R. Seetharaman highlighted how the Board can implement sustainable development. He said: “The Board should recognise the importance of staff, customers, communities and the risks associated with the limitations of natural resources. An understanding of these issues on the business model, long term success and ability to deliver on strategy are critical. Board diversity, which includes not only gender diversity, becomes really important in ensuring the Board is fit to drive change towards sustainable business model. Solving problems requires working across functions and this can happen if the senior team has collaborative leadership styles.”

Doha Bank has been consistently registering strong growth during the last decade, with participative leadership philosophy and has maintained a strong growth trajectory, including total asset growth, loan growth, deposit growth and shareholder equity growth year-on-year. International rating agencies, Moody’s, Standard & Poor and Fitch Ratings, have assigned a stable outlook and Capital Intelligence has assigned the same as positive for Doha Bank on account of its strong financial fundamentals, asset quality, and robust liquidity.

Dr. R. Seetharaman also participated in the session Global perspectives on Corporate Governance and spoke on the ‘Changing face of Global and Corporate Governance’. He said: “The Global Governance is giving emphasis on global economic recovery with focus on areas such as infrastructure development, trade and competition. The IMF Oct 2014 outlook, forecasts global growth to average 3.3 per cent in 2014 and to rise to 3.8 per cent in 2015. The weaker growth outlook for 2014 reflects setbacks to economic activity in the advanced economies during the first half of 2014 and a less optimistic outlook for several emerging market economies. Economies, institutions and individuals need to follow governance. It can be called corporate governance for institutions and global governance for economies. Individuals are affected by corporate governance and global governance due to the links with institutions and economies, respectively.”

Dr. R. Seetharaman highlighted the areas where Global Governance gives importance in recent times. He said: “The Global Governance gives focus on economic trends such as global economic growth, financial stability and fiscal monitor. It also gives emphasis on attaining inclusive growth and improving basic services which remains a challenge for countries with growing middle classes. The Global Governance has given focus on areas relating to sustainable development such as financing development post 2015, food security, climate change and building future capacities. It has also given attention to transform World trade through Global value chains.” Doha Bank advocates green banking initiatives and some of the initiatives include, Paperless Banking, Internet Banking, SMS Banking, Phone Banking, ATM Banking as well as online channels such as Doha Souq, E-Remittances and Online Bill Payments. Green Banking is one of the core business philosophies that would support the sustainability into the future.” Doha Bank regularly hosts numerous knowledge sharing sessions across various countries, which was attended by top experts from the region across banking, trade, manufacturing, logistics, legal sectors, etc.

Dr. R. Seetharaman also highlighted the emerging trends in corporate Governance in recent years. He said: “The fines, penalties and settlements face by global financial institutions recently, have re-emphasized the importance of Corporate Governance. UK came with stewardship code in 2010. Its principal aim is to make institutional investors, who manage other people’s money, be active and engage in corporate governance in the interests of their beneficiaries. Risk management, Remuneration and Incentive Systems, Board Skill’s and independence and Shareholder engagement are the key areas which needs focus. The functions of Chief Executive Officer and Chairman of the Board of Directors are segregated. Shareholders have should be proactive and the Institutional investors should be encouraged from acting together in individual shareholders meeting provided that they do not intend to obtain the control of the company.”

Dr. R. Seetharaman said: “Technology has transformed the way we bank and is one of the main drivers behind the accelerating pace of innovation in this sector by providing a comprehensive range of financial services through the deployment of consumer-centric technology and innovative delivery channels.” Local GCC banks, appear well positioned to build upon a solid online banking trend.

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HBMSU hosts international jury that will select winners of ‘Smart Learning Best Practice Award’

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HBMSU hosts international jury that will select winners of ‘Smart Learning Best Practice Award’

456Hamdan Bin Mohammed Smart University (HBMSU) is set to host an international jury who will be tasked with selecting winners for the ‘Smart Learning Best Practice Award,’ an awards program that will honor and recognize best practices followed in today’s academic and training institutions across the world. The event is being held along the sidelines of the ‘Smart Learning Best Practice Forum 2014,’ a first-of-its-kind event aimed at encouraging the exchange of best practices and the development of new online learning standards to encourage the continual growth and development of smart learning.

The international jury is composed of acadmic professionals and leading experts in developing and transferring best practices and smart learning systems including Dr. Julia Little (USA), Prof. Tian Belawati (Indonesia), Dr. Alan Bruce from the European Network for European Distance and E-Learning Network (EDEN) and Dr. Charles Aubrey from the International Academy for Quality (IAQ). The high-level international participation represents the key importance placed in the ‘Smart Learning Best Practice Award”. The award is being positioned as a quality initiative designed to honor the best practices applied in academic and training institutions around the world and thereby ensuring the quality of smart learning, which has become one of the most distinctive features of the modern era based on the latest technical developments.

The evaluation of entries to be conducted by the international jury is organized by HBMSU and will fall in accordance with key standards such as Novelty & Innovativeness; Compatibility; Implementability; Transferability; Maturity and Sustainability. The inaugural awards will have seven categories, Smart Learning, Smart Partnership, Technology Exploitation, Resource Utilization, Excellence Orientation, Process Innovation and Learner Centricity.

Tian Belawati, Rector, Universitas Terbuka (Indonesia Open University), said, “The ‘Smart Learning Best Practice Award’ is an excellent initiative that acts as the driving force for the advancement of modernization and entrepreneurship, enhancing the knowledge base and spreading the values of education, which is considered an important element for achieving a competitive advantage. I salute HBMSU for launching and organizing ‘Smart Learning Best Practice Award,’ which is intended to recognize the best practices in smart learning done by either educational institutions or corporations across the world, especially in the Middle East region. Such an initiative can only encourage the further development of innovations in the field of education to enhance the quality of education provisions. Smart learning can also help widen access of education to the masses. I am honoured to be part of the process.”

Dr. Julie K. Little, Vice President, Teaching, Learning & Professional Development, EDUCAUSE said, “I would like to commend the participants in ‘Smart Learning Best Practice Award 2014,’ which is being organized by HBMSU for their contribution to set a solid foundation in establishing best practices in education within training, educational and academic institutions. HBMSU has taken a huge step forward in hosting the “Smart Learning Best Practice Forum 2014”, an event that looks towards promoting innovation and creativity in smart learning which became an essential component for the application of the plans in shifting towards ‘Smart City’. I am most honored to serve as a reviewer for this inaugural year and found the strength of the nominations to reflect the type of leadership necessary to sustain innovation and access for educational and corporate learning programs.”

Dr. Mansoor Al Awar, Chancellor, HBMSU, said, “We are proud to organize the first-of-its-kind ‘Smart Learning Best Practice Forum,’ which we have created to support the vision of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice president and Prime Minister and Ruler of Dubai to establish Dubai as one of the world’s premier smart cities.

“We praise the high-level international jury members for their prominent role in developing and transferring best practices and smart learning systems around the world. We expect that this event will bolster more awareness on the significant role that smart learning plays in the move to transform the emirate as a smart city, while also facilitating information exchange with leading experts in smart learning and IT,” Dr. Al Awar concluded.

The “Smart Learning Best Practice Forum 2014” will be held on October 20 and October 21, 2104 at HBMSU campus. Aside from the ‘Smart Learning Best Practice Award,’ the exciting two-day event will also include a series of interactive workshops, networking breaks, and presentations. The first-of-its-kind forum will also see virtual presentations from participants via internet from all around the world.

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Nourish your skin this winter with the award winning Bio-Oil

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Nourish your skin this winter with the award winning Bio-Oil

430As temperatures nosedive, so does your skin’s moisture. As much as you would hate it, frigid and dry air along with harsh winds can leave your skin parched and less able to repair itself. Combat winter skin woes with Bio-Oil, the specialist skincare product from South Africa that will boost your skin hydration and nourishment this season.

Combining plant extracts and vitamins suspended in oil base, Bio-Oil contains the breakthrough ingredient PurCellin™ that ensures maximum absorption. Clear away dead skin that refrains essential moisture from seeping in and dab Bio-Oil’s magic potion to boost skin for enhanced hydration. Arms and legs have fewer oil glands than other body parts and tend to crack easily in winters. Treat dry skin by simply using Bio-Oil to lock skin surface and seal in moisture.

Kiss chapped lips goodbye with Bio-Oil as its magical formula keeps your lips hydrated all day long! Bio-Oil can also be used to soothe and cure dry, cracked heels. Applying Bio-Oil over the ends of your nails in a thin layer will strengthen and renew your nail’s natural hardness, which can be invaluable when you want your nails looking fresh all winter. Combat those flaky, itchy patches with an intensive spot treatment of Bio-Oil this winter to get a softer, glowing skin from top to toe!

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Prince Sultan receives ASE Order and Award

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Prince Sultan receives ASE Order and Award

489The Association of Space Explorers (ASE) awarded Prince Sultan bin Salman, chairman of the Saudi Commission for Tourism and Antiquities (SCTA), ASE’s Order and Award in recognition of his extensive efforts made in the field of space.

The award was conferred on the prince on Wednesday in Beijing during its 27th Assembly.

A statement from SCTA’s media head revealed that Prince Sultan is the first to receive the prestigious award for an astronaut outside of the United States and Russia.

As a founding member, Prince Sultan was recognized for his efforts in the field of space and serving the organization in realizing its goals and objectives for the benefit of the members and the astronauts’ organisation.

The high-profile event was held under the auspices of the vice premier of China’s State Council, Ma Kai, and attended by nearly 100 astronauts from 19 countries including China, the US, Russia, Mongolia and Malaysia.

Founded in 1985, the ASE Assembly, with 350 astronaut members from 35 countries, aims to improve dialogue and communication among the astronauts and support space science. It also seeks to promote environmental awareness and encourage international cooperation in human space exploration, besides the provision of grants and studies in the area of space work.

Prince Sultan was on a five-day visit to take part in the conference. He was received by Saudi Ambassador to Beijing Yahya bin Abdul-Kareem Al-Zaid and Chairman of the ASE’s organizing committee Yang Liwei, who is the deputy director of the China Manned Space Engineering Office and is also the country’s first astronaut.

The Kingdom hosted the 25th ASE conference in 2012 under the aegis of Custodian of the Two Holy Mosques King Abdullah, which was held on the sidelines of the Saudi International Conference for Space and Aeronautics Technology in Riyadh in 2012.

In 1989, the Kingdom was the host of the organization of the Fifth conference under the aegis of the late Crown Prince Sultan. The conference was the largest gathering of astronauts.

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Doha Bank CEO honored with Lifetime Achievement Award

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Doha Bank CEO honored with Lifetime Achievement Award

4162The Institute of Directors, Tamil Nadu State Chapter hosted the Global Summit 2014 on Business Excellence on August 22 and 23, 2014 at ITC Grand Chola, Chennai – India. The theme of the Summit was “Business excellence through Boardroom best practices”. Dr. R. Seetharaman, CEO of Doha Bank participated in the function and was honoured with “Life Time Achievement Award” on 22 August 2014. He received the award from the Chief guest Dr. K. Rosaiya, Hon’ble Governor of Tamil Nadu, India for his initiatives to promote excellence in Governance practices.

Speaking at the inaugural session Dr. Seetharaman gave insight on how Global Governance and Corporate has developed in recent years. He said “The Global Governance has got redefined after the crisis and has an impact on Corporate Governance. The failures of Lehman & Madoff have indicated how corporate governance failure can contribute to systemic risks. Individual regulatory systems have been revamped to better monitor threats to the whole financial system. Economies, institutions and individuals need to follow governance. It can be called corporate governance for institutions, and global governance for economies. Individuals are affected by corporate governance and global governance due to the links with institutions and economies, respectively. The fines, penalties and settlements face by global financial institutions recently have remphasised the importance of Corporate Governance. The Anglo-American model of corporate governance is being promoted as the global standard. However there is no one size fit all corporate governance approach. Corporate Governance practices differ in different legal contexts and business models.”

Dr. Seetharaman highlighted the segments in corporate Governance which required attention after the crisis. He said “Risk management, Remuneration and Incentive Systems, Board Skill’s and independence and Shareholder engagement are the key areas which needs to revisited. The Board should review and provide guidance about the alignment of corporate strategy with risk appetite and the internal risk management structure. Steps must be taken to ensure that remuneration is established through an explicit governance process. Transparency needs to be improved beyond disclosure. The functions of Chief Executive Officer and Chair of the Board of Directors are separated. Shareholders have should be proactive. Institutional investors should be encouraged from acting together in individual shareholders meeting provided that they do not intend to obtain the control of the company.”

Dr. Seetharaman also participated in the panel discussion ‘Integrity integrated for Business excellence’ and spoke on Evolving Models for Board Room Excellence. Speaking at the panel he said “The key evolving areas in Board room excellence models are Integrity, Assistance of Board Committees, Board diversity and Governance framework. An effective board is concerned about integrity inside and outside the boardroom. Integrity at the Board level can be measured by evaluating key governance elements against attributes such as skills and knowledge, process, information and Board behavior. Boards can have multi – year succession plans and Nominating committees should map out future board retirements and design systematic approach to board searches. Remuneration Committee can broaden the pool of independent directors and also invest in their training. Global trends indicate a gradual increase in the percentage of companies that have women on their boards. Basel 3 has revised the governance framework taking into consideration the key areas which required attention after crisis.”

On receiving the Life time Achievement Award, Dr. R. Seetharaman highlighted the importance of sustainable development. He said “Sustainable development involves contribution towards economic growth, social development and environment. Institutions cannot afford to ignore the long-term, and focus only on the short term, as the long term is achievable only when it is sustainable. Corporate Governance is integral part of sustainable development. Sustainable development will involve commitment to various stakeholders, such as shareholders, people and community. The commitment to shareholders through wealth creation, commitment to people through  development and satisfaction, commitment to community through quality of life and commitment to environment.”

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Award hat trick for Aon Risk Solutions Australia

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Award hat trick for Aon Risk Solutions Australia

4144For the third year in a row, Aon Risk Solutions Australia, a business of Aon plc (NYSE:AON), has been named ‘Large Broker of the Year’ at the Australian Insurance Industry Awards, held in Sydney this week.

Lambros Lambrou, CEO of Aon Risk Solutions Australia, said the win is significant in its recognition of Aon’s ability to empower results for its clients:

“These awards are about the industry acknowledging its peers which makes the accolades all the more meaningful.

“We are focused on providing distinctive value to our clients across all our markets from sole traders through to large corporates . As the magnitude and complexity of risk continues to rise, Aon’s industry leading analytics and deep industry insights provides clients with a factbase to make better informed decisions around their risk management and insurance strategies. Our experienced broking teams have proven time and time again their ability to secure world class innovative and competitive solutions across local and global insurance markets. We are very proud to be awarded the Large Broker of the Year accolade for the third year in a row, a testament to our ongoing commitment to both our clientele and the insurance industry.”

Hosted by the Australian and New Zealand Institute of Insurance and Finance (ANZIIF) and founding partner Asia Insurance Review (AIR), these are the peak awards honouring achievements in the Australian insurance industry.

On winning the ‘Large Broker of the Year’ category, ANZIIF cited Aon’s strongly client-driven activities, “with the firms ‘Client Promise’ ensuring an emphasis on personalised service plans in order to meet individual client needs.”

The judges also noted “Aon’s proven customer satisfaction figures and continuous review of client services as integral to securing the award, as well as its efforts to educate clients. The firm’s success in providing risk management assistance was also highly regarded.”

“The Large Broker of the Year Award recognises the enormous efforts that our colleagues go to in order to exceed client expectations and lead the industry,” said Mr. Lambrou. “Our focus is always on connecting with our clients – understanding their needs and delivering the full Aon capability to create exceptional outcomes.

“From ‘creating the insight’ to leading the market, we continuously raise the benchmark on service, client experience and innovation – to empower results,” said Mr Lambrou.

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