Thomas Cook India Group wins the CNBC-ICICI Lombard Risk Management Award for the 5th time

Thomas Cook (India) Limited – India’s leading omnichannel travel services company has received the “Masters of Risk – Hospitality Sector” award in the Large Cap category, at the CNBC-ICICI Lombard India Risk Management Awards, 2022.

The India Risk Management Awards recognize individuals and organizations who have significantly improved the understanding and practice of risk management, especially during this global crisis, and who have effectively designed and deployed a borderless risk management architecture that strengthens business strength in the new normal. Judged by the best minds in the industry, the awards recognize organizations and individuals who have brought risk management to the forefront.

Thomas Cook India Group has been declared the winner of the Master of Risk – Hospitality Sector in the Large Cap category in recognition of its strong enterprise risk management framework and effective use of technology. In the face of the COVID-19 pandemic, business processes have played a critical role in helping the organization continuously navigate and minimize risk, while maximizing business potential even in uncertain times.

Mahesh Iyer, Executive Director and CEO of Thomas Cook (India) Limited, said: “As risks become more measurable and tangible, risk management is taking center stage and becoming an integral strategic element for organisations. Despite the challenges of the pandemic, our strong enterprise risk management framework at Thomas Cook India has played a central role in our transformation journey by helping us identify and address the elements that could impact our business. .

My team and I are honored to accept the India Risk Management award from CNBC-TV18 and ICICI Lombard, and thank the jury for recognizing our efforts for the 5th time. This award is a special honor and validates the sustained performance of our teams across India.

At around 11:10 a.m., Thomas Cook (India) was trading at Rs80 each, up Rs0.75 or 0.95% on Sensex.

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