Hyderabad, 15th October 2012 – Infotech Enterprises, a leading global engineering services company has won the prestigious Golden Peacock Award for Excellence in Corporate Governance for the year 2012 in London, recognizing the quality of transparency and governance practices that the group has adopted.
Established by the Institute of Directors in 1992, the Golden Peacock Awards are regarded as the ‘Holy Grail’ of corporate excellence and best practices worldwide. Eric Pickles MP, Secretary of State for Communities and Local Govt. UK and Ola Ullsten, Former Prime Minister of Sweden and Co-Chair of the World Commission on Forests and Sustainable Development presented the award at the third ‘Global Conference on Sustainability’ at Lords in London.
Infotech was recognized for its initiatives such as voluntary secretarial audit, undertaking shareholder satisfaction survey, compliance with secretarial standards issued by ICSI (Institute of Company Secretaries of India), and adherence to elaborate board procedures to facilitate effective decision making. In addition, the company was appreciated for its open door policy, fair and open communication and its robust internal processes to ensure customer’s IP security, quality of solution and on-time delivery.
Dr. B.V.R. Mohan Reddy, Founder and Chairman, Infotech Enterprises received the award on behalf of the company. Commenting on the occasion, he said, “We’re honored to be recognized for our corporate governance practices. It is our Values FIRST (Fairness, Integrity, Respect, Sincerity and Transparency) that guides us in our interaction with our stakeholders (customers, investors, associates and society) and enables us to balance their needs, thereby building a sustainable business. Infotech believes that good corporate governance is an intrinsic part of its fiduciary responsibility as a responsible citizen and has thereby laid strong emphasis on the transparency of its operations.”
The award was given based on the recommendations of the Jury headed by Justice PN Bhagawati, Former Chief Justice of India and Member, UN Human Rights Commission.
About Infotech Enterprises
Infotech Enterprises provides leading-edge engineering solutions, including product development and life-cycle support, process, network and content engineering to major organizations worldwide. With nearly two decades of continuous growth, Infotech leverages a global delivery and collaborative engineering model to achieve measurable and substantial benefits for our clients. Whether your organization needs to design innovative products faster, optimize R&D costs, increase market share, enhance operational efficiency or maximize the return on investment in your networks, Infotech Enterprises is the ideal partner.
Infotech has 10,000+ associates across 35 global locations. We adopt a proactive approach to serve our clients with our best-in-class delivery centers in North America, Europe, Middle East and Asia Pacific. Our clients span multiple industries such as Aerospace, Consumer, Energy, Medical, Heavy Equipment, Oil & Gas, Mining, HiTech, Transportation, Telecom and Utilities and include 22 ‘Fortune 500’ and 27 ‘Global 500’ blue chip organizations.
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