Hong Kong, Nov 26, 2009 - (ACN Newswire) - The Hong Kong Institute of Directors ("HKIoD") announced and honoured winners of the Directors Of The Year Awards ("DOYA") 2009 today at the Annual Dinner of the Institute held at the Hong Kong Convention and Exhibition Centre and attended by more than 500 guests from different industries and sectors. The evening was hosted by Dr Kelvin Wong, Chairman of The Hong Kong Institute of Directors with Mr Eddy Fong, Chairman of the Securities and Futures Commission, as the Guest of Honour.
The Awards project, in its ninth year, recognises outstanding directors and promotes professionalism as an essential attribute of directors critical to the effective performance of the governing board of a corporation or an organisation. The theme of the Directors Of The Year Awards 2009 is "Responsible Directors in Times of Adversity".
Mr Eddy Fong said, "Corporations are the bedrock of Hong Kong's success as an international financial centre and its economic prosperity. Directors are the stewards of corporate Hong Kong and the vanguard of shareholders. They are expected to deal with the changes and risks of their business environment in a rapidly changing and increasingly complex and interconnected world. Directors play a key role in the success of their corporations and in maintaining shareholder confidence. This contributes to making Hong Kong Asia's premier fund raising centre."
Dr Kelvin Wong added, "The financial crisis has brought to our attention how poor financial and operational governance could lead to the downfall of even the most formidable global corporations. There are lessons to be learnt from the crisis and one of them is no doubt what corporations need to do to improve corporate governance, which will not only affect the corporation itself, but also the economy and people's livelihood."
Ms Cynthia Tang, Chairman of the Awards Organising Committee, said, "Forward-looking directors who fulfill their obligations and do not compromise its corporate governance principles even in times of adversity are those who the Awards wish to honour this year. We hope the Awards can help raise awareness of the importance of corporate governance in the society and ultimately contribute to the prosperity of all sectors in Hong Kong."
Dr Carlye Tsui, CEO of HKIoD said, "The 26-member judging panel had a tough time selecting the winners as the candidates are in many ways exemplary models for their counterparts in different corporations. We hope the Awards can help raise professional standards of directors and encourage them in pursuit of excellence in governance practices. Directors are ultimately responsible for corporate governance and tasked with steering their companies with integrity."
The winners of the DOYA 2009 in the different award categories are:
Listed Companies (SEHK Hang Seng Index Constituents): Executive Director Dr WANG Jianzhou Chairman & CEO, China Mobile Limited Non-Executive Director Mr Paul CHENG Ming Fun JP Deputy Chairman, Esprit Holdings Ltd Listed Companies (SEHK Non-Hang Seng Index Constituents): Executive Director Mr XU Muhan General Manager, China Travel International Investment Hong Kong Ltd Executive Director Mr ZHOU Yong Vice-Chairman & CEO, China State Construction International Holdings Limited Board Board of Directors, China Agri-Industries Holdings Limited Board Board of Directors, China State Construction International Holdings Limited Private Companies: Executive Director Mr LIU Tingan Deputy Chairman & President, China Life Insurance (Overseas) Company Limited Statutory/ Non-profit-distributing Organisations: Non-Executive Director Dr MAK Kin Wah, Kim BBS JP Chairman, The Hong Kong Society for the Aged
DOYA is hosted by the HKIoD with 77 project partners, including 26 distinguished persons on the Panel of Judges. The project also has extensive support from a number of renowned companies as co-sponsors. Supporting Organisations included government bureaus, the media, service organisations, professional institutes and consultancy firms.
About Directors Of The Year Awards
First launched in 2001, Directors Of The Year Awards were the first ever such Awards organised in Asia. The project has now become an annual project of impact in the community. The objectives are to publicise the significance of good corporate governance, to recognise directors and boards of directors for their outstanding director practices and corporate governance and to promote good corporate governance and director professionalism in Hong Kong. For more details on the previous years' Awards, please visit: http://www.hkiod.com/dya-awardees.html
About Hong Kong Institute of Directors
The Hong Kong Institute of Directors is Hong Kong's premier body representing professional directors working together to promote good corporate governance and to contribute towards advancing the status of Hong Kong, both in China and internationally.
Source: Hong Kong Institute of Directors
Strategic Financial Relations Limited Heidi So +852 2864 4826 firstname.lastname@example.org Derek Lee +852 2864 4858 email@example.com Cornia Chui +852 2864 4853 firstname.lastname@example.org Fax: +852 2804 2789 Directors Of The Year Awards 2009 Enquiries: The Hong Kong Institute of Directors Carole Suen +852 2889 9944 email@example.com Susan Ling +852 2889 9986 firstname.lastname@example.org Fax +852 2889 9982
Copyright 2009 ACN Newswire. All rights reserved.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here