~Adjudged ‘Best Risk Management Framework Award – Power’ & ‘Business Continuity’ Award~
Tata Power, India’s largest integrated power utility, has constantly worked towards creating a robust regulatory compliant business by building a highly effective risk management team. Adding another feather to its cap, Tata Power was bestowed with two awards, – the ‘Best Risk Management Framework & Systems – Power’ and ‘Business Continuity’ at the 5th Edition of The India Risk Management Awards.
Mr Kenneth Rogoff, an American economist, the Thomas D. Cabot Professor of Public Policy and Professor of Economics at Harvard University, presided over the ICICI Lombard & CNBC-TV18 India Risk Management awards function and felicitated the winners. The jury was led by Ms Arundhati Bhattacharya ex. CMD – State Bank of India Group. The event was attended by Mr Parshuram Date, CRO and the Risk Management Team.
Commenting on this achievement, Mr Praveer Sinha, CEO & Managing Director, Tata Power, said,
“We are ecstatic to receive this prestigious award and feel honoured to be felicitated for our efforts by an esteemed American economist. This award will encourage us to continue managing risk and ensuring safety thereby creating a secure working environment.”
The CNBC TV18 India Risk Management Award, organized by ICICI Lombard and CNBC TV18, is a grand event which witnesses the coming together of the entire management whose prime focus is mitigating risk. The award is a unique platform that honours organisations and teams that have developed the best risk management practices and capabilities across business categories.