Third edition of HSBC Business Excellence Awards launched

HSBC has launched a third edition of "HSBC Business Excellence Awards" to honour business entities and entrepreneurs for their contribution in the sustainable economic growth of Bangladesh. 

With the theme "Bangladesh: Proudly Resilient, Globally Excellent", this year's awards will be conferred in eight categories, HSBC officials said in a press conference at Pan Pacific Sonargaon Dhaka yesterday.

The categories include ones for garment units with an annual export turnover of $50 million and above, supply chain and backward linkage companies with an annual export turnover of $10 million and non-traditional and emerging sector entities with a turnover of $3 million and above.

There are also ones for companies providing import substitutes of $10 million and above, drawing foreign investment in the form of capital and technology, excelling in sustainability and making use of top innovations and technology.

With the theme "Bangladesh: Proudly Resilient, Globally Excellent", this year's awards will be conferred in eight categories, HSBC officials said.

Besides, the global lender will also recognise individuals or organisations for special contributions to the country's socioeconomic growth, excellence in innovation, job creation and supporting the community.

The commerce ministry and the British high commission in Dhaka are partners of the programme.

A jury board comprising representatives from the HSBC, the ministry and the high commission will finalise the awardees based on annual contribution to the national exports and economy, diversity, responsibility, sustainable business practices, governance strengths, regulatory compliance etc.

The nomination forms and other details of the programme are now available at HSBC's Bangladesh website and the nomination phase will remain open until October 1 this year.

"We are delighted to be recognising the exceptional businesses," Md Mahbub ur Rahman, chief executive officer of HSBC Bangladesh, told yesterday's press conference.

They have contributed to Bangladesh's trade growth, fulfilled domestic demand or facilitated development of infrastructure as Bangladesh prepares to thrive in a post-LDC graduation scenario, he said.

"Through these awards, we recognise the achievements of the country's most successful enterprises and entrepreneurs and recognise their relentless efforts to make Bangladesh's mark in the global arena," said Gerard Haughey, country head of wholesale banking at HSBC Bangladesh.

Talukdar Noman Anwar, country head for communications at HSBC Bangladesh, shared rules and regulations of the programme.