Monday 11 July 2016

HDFC Bank recognized as Most Honoured Company by Institutional Investor

Called the All-Asia Executive Team rankings 2016, the survey had 1394 investment professional at 582 financial institutions participating. HDFC Bank ranked first in the “Best CEO”, “Best CFO”, and “Best IR Company” categories.

HDFC Bank
HDFC Bank Ltd., has emerged as the Most Honoured Company in the latest ranking released by Institutional Investor magazine.
Called the All-Asia Executive Team rankings 2016, the survey had 1394 investment professional at 582 financial institutions participating. HDFC Bank ranked first in the “Best CEO”, “Best CFO”, and “Best IR Company” categories. The survey encompassed 1,541 companies from 18 sectors across Asia excluding Japan.
The Bank has won following honours:
Aditya Puri, Managing Director, HDFC Bank as the Best CEO
Sashi Jagdishan, Chief Financial Officer, HDFC Bank as the Best CFO
HDFC Bank’s Investor Relations practice as the Best in the sector
“The All-Asia Executive Team represents the region’s most highly regarded companies and corporate leaders as determined by the investment professionals who know them best — portfolio managers and sell-side researchers,” said Thomas W. Johnson, director of research at Institutional Investor. “These are the people whose opinions have the power to move markets.”

The in-depth research reflects feedback from both buy and sell-side analysts, with an unparalleled level of detail on the IR efforts of companies across the region. Respondents from the buy-side work at firms that collectively manage an estimated $963 billion in Asia ex-Japan equities. Voting is unprompted and confidential, and rankings in each of the four categories — Best CEO, Best CFO, Best IR Professional and Best IR Company — are based on combined buy and sell-side votes.

Citing HDFC Bank as an example, the publication highlights the use of technology as a key trend this year, particularly in semi-urban areas. “HDFC’s Aditya Puri, the top-ranked CEO in the Banks category, says his Mumbai-based firm has been developing digital solutions to provide financial services to the 750 million people who live outside India’s cities,” the publication writes in its communication.

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