By OUR STAFF REPORTER
Dehradun, 27 Aug: ONGC CMD Shashi Shanker has received the Distinguished Fellowship of the Institute of Directors (IOD), 2019. The prestigious honour was conferred on Shanker during the 29th Institute of Directors (IOD) Annual Day Ceremony on 26 August. The Fellowship has been given in appreciation of his contribution to business and society.
The honour was bestowed on Shashi Shanker in New Delhi by the Union Minister of Housing & Urban Affairs, Civil Aviation and Trade & Commerce, Hardeep Singh Puri. Also present at the felicitation programme was Niti Ayog CEO Amitabh Kant, Lead Market Director, Association of Chartered Certified Accountants (ACCA), UK, Lucia Real-Martin, CMD, Ravin Group of Companies, Vijay Karia and President, IOD, Lt Gen JS Ahluwalia (Retd).
The 2019 Fellowships were decided by a jury led by former Chief Justice of India (CJI) Justice MN Venkatachaliah. Justice Venkatachaliah is also the former Chairman of the National Human Rights Commission of India and National Commission for Constitution of India Reforms.
The Institute of Directors (IOD) trains Directors on corporate boards and gives Golden Peacock Awards to corporations for 15 different corporate functions. The theme of this year’s IOD Annual Day Ceremony was ‘Future Boards: Leading Strategy to Embrace Sustainability’.
In his acceptance speech, CMD Shashi Shanker said that the honour bestowed on him was in recognition of the efforts put in by 31,000 employees of Energy Maharatna ONGC. Sharing ONGC’s commitment to Sustainability, Shanker stated that ONGC is on its way to abolishing single-use plastics and introducing paperless offices.