Vishal Suri, Man­ag­ing Di­rec­tor, SOTC Travel

Business Sphere - - CONTENTS - By Our Cor­re­spon­dent

SOTC Travel has been hon­oured the pres­ti­gious award for the Best Risk Man­age­ment Prac­tice in the Travel & Hos­pi­tal­ity cat­e­gory in the 3rd edi­tion of ‘ICICI Lom­bard-CNBC TV18 In­dia Risk Man­age­ment Awards 2017. ICICI Lom­bard Gen­eral In­surance Com­pany Ltd., In­dia’s largest pri­vate sec­tor gen­eral in­surance com­pany and CNBC TV-18, In­dia’s lead­ing busi­ness chan­nel an­nounced the win­ners of ‘ICICI Lom­bard-CNBC TV18 In­dia Risk Man­age­ment Awards 2017 at Taj Lands End, Ban­dra, Mum­bai. The awards rec­og­nized com­pa­nies like Tata Steel, Air­tel, Tech Mahin­dra, Ju­bi­lant Food Works, Glen­mark, Dabur, Mahin­dra & Mahin­dra, Hero Honda, All­cargo Lo­gis­tics among oth­ers that have de­vel­oped best in class risk man­age­ment prac­tices and ca­pa­bil­i­ties across var­i­ous busi­ness cat­e­gories. The se­lec­tion process con­sisted of anal­y­sis of com­pany data, sys­tems and frame­works of or­ga­ni­za­tions, judged by an in­de­pen­dent panel of ex­perts. Speak­ing on the achieve­ment, Vishal Suri, Man­ag­ing Di­rec­tor, SOTC Travel said, “It is in­deed a sig­nif­i­cant achieve­ment to be the only Travel Com­pany to be hon­oured with this pres­ti­gious ac­co­lade. This suc­cess has been pos­si­ble be­cause of SOTC’s strong com­mit­ment to­wards de­vel­op­ing best in class busi­ness risk man­age­ment prac­tices. In a highly glob­al­ized and deeply in­te­grated world, risk man­age­ment is now be­com­ing the most im­por­tant strate­gic tool for the sus­tain­able growth of or­ga­ni­za­tions.” Speak­ing on win­ning the ac­co­lade, Bri­jesh Modi, Head-Fi­nance & Com­mer­cial, SOTC Travel said, “It is truly an hon­our to be fe­lic­i­tated with this award. The In­dia Risk Man­age­ment Awards is a unique plat­form that rec­og­nizes com­pa­nies that have cre­ated best in class risk man­age­ment prac­tices. In the cur­rent global en­vi­ron­ment, iden­ti­fy­ing and man­ag­ing risks across an or­ga­ni­za­tion has be­come im­por­tant for the suc­cess and longevity of any busi­ness. The award serves as an in­spi­ra­tion and en­cour­age­ment in en­hanc­ing and de­liv­er­ing fu­ture risk man­age­ment prac­tices at SOTC”. SOTC Travel Ser­vices Pvt. Ltd. (For­merly known as “Kuoni Travel (In­dia) Pvt. Ltd.”) is a step-down sub­sidiary of Fairfax Fi­nan­cial Hold­ings Group; held through two com­pa­nies, its In­dian listed sub­sidiary, Thomas Cook (In­dia) Limited (TCIL) and TCIL’s sub­sidiary Travel Cor­po­ra­tion (In­dia) Ltd.

Vishal Suri, Man­ag­ing Di­rec­tor, SOTC Travel

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