MUMBAI: Allcargo Logistics Ltd, India’s leading integrated logistics provider was felicitated with the award for “Best Risk Management Framework & Systems” in the Logistics category at the 4th India Risk Management Awards 2018 held at the TajMahal Palace, Mumbai on January 19.

 

Commenting on the occasion, Mr. Shashi Kiran Shetty, Founder and Chairman, Allcargo Logistics Ltd said:“Winning the award twice in a row is a matter of great honor. Identification of risks and their effective management will benefit our customers,  long-term growth and sustainability of a business. I congratulate all team members for their hard work and sincere efforts.”

 

Allcargo’s risk management initiatives are innovative, path-defining and yet grounded in strong base of risk management fundamentals. Allcargo Logistics was chosen the winner for developing world-class capabilities to determine investment risks and creating an efficient organizational risk management framework.

 

The ceremony was attended by several industry stalwarts. Allcargo Logistics was represented at the ceremony by Mr. Mukundan-Chief Assurance & Risk Executive and Mr.Sandeep Anand, CEO Projects & Engineering solutions who received the award in the presence of Mr. Nouriel Roubini, Professor of Economics, NYU’s Stern School of Business and Chairman & Co-founder, Roubini Global Economics.

 

In its 4th year, the India Risk Management Awards recognize the initiatives of individuals and organizations towards adding to the understanding and practice of Risk Management and honoring their contributions in implementing best in-class risk management practices and capabilities.