Mumbai: Thomas Cook India, India’s leading integrated travel services company has won the CNBC India Risk Management Award in the Travel & Leisure category for the fourth time since inception.

The India Risk Management Awards presented by CNBC-TV18 jointly with ICICI Lombard, were conceptualised to recognise corporations that effectively devise & deploy a ‘Boundaryless Risk Management’ architecture that augments the strength of businesses in the new normal. The selection process consisted of a thorough analysis of the company’s data, systems and frameworks and was judged by a panel of experts.

Thomas Cook India has been declared winner in the Travel & Leisure category in recognition of its robust Enterprise Risk Management framework and effective use of technology. In the face of the COVID-19 pandemic, the company’s processes have helped it continuously navigate and minimize risk, while maximizing business potential even in uncertain times.

Mr. Mahesh Iyer, Executive Director & CEO, Thomas Cook (India) Ltd. said, “At Thomas Cook India, a robust enterprise risk management framework forms the backbone of our processes – helping us identify and address the risk elements that could impact our business. I am delighted to accept the India Risk Management Award from CNBC-TV18 & ICICI Lombard – now for the 4th time as a group, and thank the jury for recognizing our efforts. This award is a special honour that validates the sustained delivery of our Teams, pan India.”