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Satyam Computer Services receives Golden Peacock Global award
Satyam Computer Services, a leading global consulting and information
technology services provider has won the coveted Golden Peacock Global
award for excellence in corparate governance for 2008. The organization
was named the winner by The World Council for Corporate Governance
(WCFCG) with Ola Ullsten, the former Prime Minister of Sweden, serving
as lead judge.
The
honor is especially relevant given that corporate governance best
practices are considered key benchmarks by stakeholders who evaluate
corporations. in fact, their importance is magnified in difficult
economic environments.
The award was presented at the ninth
international conference on Corporate Governance, held in London. G
Jayaraman, Satyam's global head of corporate governance and the company
secretary, accepted the honor at a function attended by business
leaders, corporate governance experts and policymakers.
The
Golden Peacock award is the latest of several corporate governance
honors for Satyam. Investor relations global rankings (IRGR) rated
Satyam as the company with best corporate governance practices for 2006
and 2007. It also won the Golden Peacock award for excellence in
corporate governance from the institute of directors in New Delhi in
2002.
The company made this announcement during the trading hours today, 22 September 2008.
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