The Indian Hotels Company (IHCL), India’s premier hospitality firm, has been recognized for its exceptional risk management practices. IHCL was awarded the title of Master of Risk in Brand & Social Media Risk Management at the 2024 India Risk Management Awards, presented by CNBC TV18 and ICICI Lombard. This prestigious award, recognizing excellence across various industries, underscores IHCL’s leadership and proficiency in mitigating and managing risks.
The India Risk Management Awards celebrate organizations that demonstrate excellence in identifying, managing, and mitigating risks within a dynamic economic environment. As India has emerged as the world’s 5th largest economy, these awards highlight the importance of preparedness, resilience, and sustainable growth in the face of increased global integration and economic challenges.
Mr. S Y Raman, Vice President – Group Internal Audit, IHCL, expressed his delight at receiving the recognition, stating, “We are delighted to receive the recognition for managing risk in brand and social media. IHCL remains committed to implementing best-in-class practices to navigate the complexities of the modern business environment.”
This award is a testament to IHCL’s commitment to implementing robust risk management strategies, ensuring its continued success and sustainable growth within the dynamic Indian economy. IHCL’s commitment to best-in-class practices and its dedication to navigating the complexities of the modern business environment sets a strong example for other organizations seeking to excel in risk management.
