HONG KONG, Nov 20, 2012 - (ACN Newswire) - The Hong Kong Institute of Directors ("HKIoD") announced and honoured winners of the Directors Of The Year Awards ("DYA") 2012 today at the 15th Anniversary Dinner of the Institute held at the Hong Kong Convention and Exhibition Centre. More than 600 guests from different industries and sectors were at the occasion to celebrate the winners' achievements in demonstrating outstanding dedication to corporate governance.| Hong Kong Institute of Directors |
The evening was hosted by Dr Kelvin Wong, Chairman of The Hong Kong Institute of Directors, with Professor K C Chan, Secretary for Financial Services and the Treasury, as the Guest of Honour.
This year marks the twelfth presentation of the Awards by HKIoD and has the theme of "Enhancing Board Competence through Continuing Professional Development for Directors." The aim is to advocate board directors' continuing professional development as a best practice to ensure board competence, and ultimately, better corporate governance.
Professor K C Chan said, "With the global economy constantly evolving, board and directors have the responsibility as leaders of organisations to stay abreast of the latest industry developments and best practices in their respective fields, in order to improve their professionalism and decision-making for their organisations. Committed directors give confidence to shareholders and the market in the board's accountability in ensuring the organisation's complies with the latest regulations. Strong corporate governance is thus crucial in maintaining Hong Kong's reputation as a world-class financial centre of high integrity with highly efficient markets."
Dr Kelvin Wong said, "Through the Awards, we wish to recognise boards and directors who have demonstrated a commitment to achieving the highest standards in corporate governance. Companies with a strong corporate governance system in place protect all stakeholders' interest and to maximise shareholders' value are generally more likely to generate better performances. We are pleased to see that Boards and directors have taken their responsibility in instilling a culture to practice good corporate governance within their organisations, setting excellent examples for their industry peers to follow suit."
Mr Richard Tsang, Chairman of the Awards Organising Committee of DYA 2012 said, "All winners of the Awards have undergone a rigorous selection process and have stood out among all the candidates. We sincerely congratulate our winners tonight for dedicating the time and effort to equip themselves to champion good corporate governance for the benefits of their organisations. We earnestly hope winners of the Awards will serve as role models in business and society to promote the importance of corporate governance."
Dr Carlye Tsui, CEO of HKIoD said, "We strongly believe that the continuing professional development of directors is a key to ensuring the overall effectiveness of the board. To support directors' pursuit in continuing professional development, the Institute continues to offer a variety of training courses and events with opportunities for learning to our members. In this way we can assist directors to keep abreast of the dynamic business landscape and overcome various types of challenges."
The winners of the DYA 2012 in the various award categories are listed below.
Listed Companies (SEHK - Hang Seng Index Constituents)
Board: Board of Directors, China Resources Enterprise, Limited
Listed Companies (SEHK - Non Hang Seng Index Constituents)
Executive Director: Dr Yim Fung
Chairman and Chief Executive Officer, Guotai Junan International Holdings Limited
Board: Board of Directors, ARA Asset Management (Prosperity) Limited
Statutory/Non-Profit Distributing Organisations
Non-Executive Director: Mr Charles Nicholas Brooke SBS JP
Chairman, Hong Kong Science and Technology Parks Corporation
Board: Board of Directors, Hong Kong Applied Science and Technology Research Institute Company Limited
Board: Board of Directors, Hong Kong Internet Registration Corporation Limited
DYA 2012 is hosted by HKIoD with 76 project partners, as is selected by 26 distinguished persons on its Panel of Judges. The awards project hasalso enjoyed extensive support from the Financial Services and the Treasury Bureau, the Securities and Futures Commission and the Hong Kong Stock Exchange as Co-organisers and a host of renowned companies as Co-sponsors. Supporting Organisations include Government bureaus, the media, service organisations, professional institutes and consultancy firms.
Mr Liu Tingan, Chairman of the Awards Organising Committee of DYA 2013 said: "Apart from announcing this year's awardees, we are delighted to announce the theme of the Directors Of The Year Awards 2013 as 'Promoting ESG Policies - Adding Corporate Value by the Board'."
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 recognise directors and board of directors for outstanding director practices and corporate governance, to publicise the significance of good corporate governance and to promote awareness of good corporate governance and director professionalism in Hong Kong. Nominations are open to the public. As good corporate governance is vital to all types of organisations, and professional director practices are encouraged from directors in all board roles, the Awards recognise excellence in categories by company types, including listed companies, private companies and statutory/non-profit-distributing organisations, and categories by roles, including Executive Directors, Non-Executive Directors and Boards. For more details on the previous years' Awards, please visit http://www.hkiod.com/dya-awardees.html.
Contact:
Media Enquiries:
Strategic Financial Relations Limited
Heidi So, +852 2864 4826, heidi.so@sprg.com.hk
Cornia Chui, +852 2864 4853, cornia.chui@sprg.com.hk
Denise Siu, +852 2114 4913, denise.siu@sprg.com.hk
Fax: +852 2527 1196
Directors Of The Year Awards 2012 Enquiries:
The Hong Kong Institute of Directors
Christine Wong, +852 2889 4988, christine.wong@hkiod.com
Susan Ling, +852 2889 9986, susan.ling@hkiod.com
Fax +852 2889 9982
Topic: Press release summary
Source: The Hong Kong Institute of Directors
Sectors: Daily Finance, Daily News
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