iGATE Corporation Wins 'Golden Peacock' Global Award (Americas) for Excellence in Corporate Governance
October 03 2011 - 7:30AM
iGATE Corporation (Nasdaq:IGTE), the first integrated Technology
and Operations (iTOPS) company providing Business Outcomes based
solutions under the brand iGATE Patni, today announced that it has
been awarded
'The Golden Peacock Global Award (Americas)
for Excellence in Corporate Governance' for the year 2011.
The award will be formally presented to iGATE by Hon'ble Mark
Hoban, Financial Minister to Her Majesty's Treasury (United
Kingdom's Economics and Finance Ministry) next month in London.
Commenting on the recognition, Phaneesh Murthy, CEO,
iGATE Corporation, said, "The Golden Peacock Award
is special for iGATE as this award is recognised globally as the
hallmark of corporate excellence. For us, this is a testimony to
our relentless pursuit in adopting best-in-class practices in every
aspect of our business including Corporate
Governance."
The distinguished jury at the Golden Peacock Awards Secretariat
included Justice PN Bhagwati, Dr.Ola Ullsten- former Prime Minister
of Sweden, Lt. Gen Surinder Nath, PVSM, AVSM (retd.) former Vice
Chief of Indian Army & former Chairman, Union Public Service
Commission and Dr. A N Saksena - former Financial Advisor Ministry
of Petroleum & Natural Gas.
Manoj Raut, CEO and Director, Institute of Directors,
said, "iGATE is doing a great amount of work and maintaining good
momentum. This year, they have emerged outstanding and have been
declared as winner for their world-class performance."
On the specific initiatives, Mukund Srinath, SVP – Legal
and Corporate Secretary, iGATE Corporation,
added,"iGATE's pursuit for Excellence in
Corporate Governance led to the Company focusing on an ongoing self
assessment exercise at all levels in the organisation. This has
consequently helped achieve significant improvement in the overall
performance of the organization including an energetic and excited
workforce that is now aligned to iGATE's single minded objective of
being the leading Outcomes driven organization."
Established by the Institute of Directors in 1992 and instituted
to celebrate and honour the best organizations and recognize unique
achievements in brand building, The Golden Peacock award is the
most prestigious award for corporate excellence worldwide.
About iGATE Patni
'iGATE Patni' is the common brand identity of two organizations
— iGATE Corporation and Patni Computer Systems Limited (Patni).
With iGATE having acquired a majority stake in Patni, the two
companies, under the common brand iGATE Patni, jointly provide
full-spectrum consulting, technology and business process
outsourcing, and product engineering services on a Business
Outcomes-based model. Armed with over three decades of IT Services
experience and powered by the iTOPS (Integrated Technology and
Operations) platform, iGATE Patni's multi-location global
organization with a talent pool of 26,000+ people, consistently
delivers effective solutions to over 360 Fortune 1000 clients
spanning across verticals like: banking & financial services;
insurance & healthcare; life sciences; manufacturing, retail,
distribution & logistics; media, entertainment leisure &
travel; communication, energy & utilities; public sector; and
independent software vendors. Visit: www.igatepatni.com
iGATE Corporation is listed on NASDAQ (IGTE), and Patni Computer
Systems Limited on the Bombay Stock Exchange (532517), the National
Stock Exchange of India (PATNI) and NYSE (PTI).
The iGATE Patni brand logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=5150
CONTACT: Media Contact
Prabhanjan Deshpande "PD"
+91 80 4104 5006
PD@igatepatni.com
Igate (NASDAQ:IGTE)
Historical Stock Chart
From Apr 2024 to May 2024
Igate (NASDAQ:IGTE)
Historical Stock Chart
From May 2023 to May 2024