Thomas Cook (India) Limited has been honoured with the Award for ‘Masters of Risk – Travel & Hospitality Sector’ at the CNBC-TV18 India Risk Management Awards, 2024.
The India Risk Management Awards acknowledge and recognize companies that have developed best-in-class risk management practices and capabilities across business categories. This year, the Awards spotlighted India’s resilience amidst geopolitical uncertainties, highlighting strategies to navigate an evolving landscape of risks effectively. The stringent selection process comprised an analysis of company data, systems and frameworks and was judged by an independent panel of industry experts.
Madhavan Menon, Executive Chairman, said, “At the Thomas Cook India Group, our strong enterprise risk management framework is fundamental to our business practices. My Team and I, are honoured to accept the India Risk Management Awards, 2024 from CNBC-TV18 and ICICI-Lombard. This noteworthy accolade for the sixth time, serves to reiterate our Company’s commitment and delivery in building forward-thinking and resilient strategies in risk management.”