A Well Deserved Honour! Padma Shri for Our Fairfax Chairman Prem Watsa.

IMG-20220601-WA0011[2322]We are very proud to share that,  Prem Watsa, Fairfax Chairman & CEO – Fairfax Financial Holdings, has been awarded the prestigious Padma Shri by the High Commissioner of India to Canada, on behalf of the President of India. The Padma Shri is India’s highly prestigious civilian award and recognizes Mr. Watsa’s distinguished services to India – both business and charitable.

We had announced the wonderful news in PULSE, in 2019, but due to the pandemic, the physical ceremony could not be performed until now.

IMG-20220601-WA0012[2324]  As a friend of India and a passionate advocate for investment in India, Prem’s contribution has  been invaluable in strengthening the India-Canada partnership.  A recipient of the Order of Canada, he has now been honored by high civilian awards by both his country of birth (India) and of citizenship (Canada).

As our Managing Director, Madhavan Menon had said, when it was first announced: “Thomas Cook India is extremely proud of  Prem Watsa, and his being awarded the distinguished Padma Shri by the Government of India, recognises his vision to transform and give back to India – the country of his birth.”


He added, “Having been acquired by Fairfax in 2012, Thomas Cook India’s fruitful growth story stands testament to Prem’s visionary leadership – not only to provide outstanding business services, but also sustainability and giving back to the community.”

Being a part of the Fairfax Global family, we take proprietary pride in this honour and send our best wishes to our Fairfax Chairman.