Mumbai: HDFC Life, one of India’s leading private life insurance players, was conferred the prestigious ‘Golden Peacock HR Excellence Award’ for the year 2011 in the ‘Banking Financial & Insurance Sector’ at the 22nd IOD Annual Day held in New Delhi on August 19, 2011. This award acknowledges HDFC Life’s efforts towards innovative people management processes and talent engagement and development initiatives in the highly dynamic Indian life insurance industry.

Commenting on the achievement, Rajendra Ghag, Executive Vice President, HR, HDFC Life said, “We are honored to receive the Golden Peacock Award for HR Excellence. This recognition strengthens our commitment of being a people-centric organization. It validates our efforts towards enhancing the organization’s people capability resulting in a highly engaged and efficient work force.”

The category for HR Excellence Award for 2011 received 129 applications across different sectors. The applications were gauged on an exhaustive set of parameters covering all areas related to HR strategy, recruitment, leadership development, volunteering activities, etc. The applications were judged by an eminent panel headed by Justice P N Bhagwati, former Chief Justice of India and Member, UN Human Rights Commission.

Golden Peacock Awards have been instituted since 1991 by the Institute of Directors (IOD) a non-profit apex body of directors registered in India. The awards framework based on IOD Business Excellence Model which conforms to the ISO 9001:2000 standard series and is comparable with similar frameworks around the globe.