2002 Press Releases

Thomas Cook wins Corporate Governance Award

Thomas Cook (India) Ltd, the leading travel and travel related services provider has been awarded the Golden Peacock Award for Excellence in Corporate Governance. The criteria for the award include transparency, excellence in conducting business at various levels of management, social and environmental responsibility, ethical business practice and consistent creation of value for all the stakeholders.

Elated at his Company’s achievement, Ashwini Kakkar, CEO & MD, says: “ The award is a public recognition of the organisational values and work processes that we at Thomas Cook believe in and have embedded in our company. Thomas Cook has formed various Management Committees to monitor and guide various aspects of the business and has a defined code of ethics, integrity and values.

The prestigious Golden Peacock National Awards have been initiated by the Institute of Directors (IOD), a non-profit organization, in association with World Environment Foundation (WEF), Federation of Indian Chamber of Commerce and Industry (FICCI) , World Council for Corporate Governance (WCFCG) and Centre for Corporate Governance.

Thomas Cook was selected as the Runner Up for this internationally recognised award by a panel of judges headed by Justice A M Ahmadi, former Chief Justice Supreme Court of India and, the award was presented by Dr Sahib Singh Verma, the Union Minister for Labour, at the third International Conference on Corporate Governance in New Delhi on September 26, 2002.

This award provides an added dimension to Thomas Cook (India) Ltd which has also been winning the TTG Best Travel Agency - India award, a part of Pacific Asia Travel Association (PATA) programme, for three consecutive years.