Thomas Cook India Honoured with Best Risk Management Award –Travel & Leisure Category
Thomas Cook India was honoured with the prestigious award for Best Risk Management Practices at the 4th edition of The ICICI Lombard-CNBC TV18 India Risk Management Awards 2018.
Presented by ICICI Lombard and CNBC TV18, the India Risk Management Awards 2018 recognized companies that have developed best in class risk management practices and capabilities across business categories. The award was conferred on Thomas Cook India for having constantly evolved and created new growth benchmarks while managing risks effectively in the Travel & Leisure category.
The stringent selection process comprised of analysis of company data, systems and frameworks, and was judged by an independent panel of experts that included Arundhati Bhattacharya, former Chairman SBI. The awards were presented by Dr. Nouriel Roubini, Professor of Economics, NYU Stern School of Business and Chairman & Co-founder, Roubini Global Economics.
Madhavan Menon, Chairman & Managing Director, Thomas Cook (India) Ltd. said, “In an extremely globalized and integrated world, risk management is now becoming a critical strategic tool for the sustainable growth of organizations. At The Thomas Cook India Group, we have been dedicated in our focus towards developing best in class business risk management practices. This noteworthy award from ICICI Lombard- CNBC TV18 hence serves as both recognition and inspiration to our teams, in sustaining and enhancing risk management practices across our enterprise.”