Kerry Logistics Garners Two Wins at Directors of the Year Awards 2017
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Kerry Logistics Network Limited (‘Kerry Logistics’; Stock Code 0636.HK) is pleased to announce that the Group has garnered two wins at the Directors of the Year Awards 2017 (the ‘Awards’) organised by The Hong Kong Institute of Directors (‘HKIoD’). The Board of Directors and Group Managing Director William Ma were selected as the winner in the Boards category and the Executive Directors category of the Listed Companies (SEHK – Hang Seng Indexes Constituents), respectively. The Awards presentation ceremony was held on 30 November 2017 at the Hong Kong Convention and Exhibition Centre, with Chief Executive of HKSAR Mrs Carrie Lam Cheng Yuet-ngor as the guest of honour.
Organised annually by the HKIoD and co-organised by the Financial Services and the Treasury Bureau of HKSAR Government, Securities and Futures Commission, and Hong Kong Exchanges and Clearing Limited, the Awards aim to recognise outstanding boards and directors, and to promote good corporate governance and director professionalism. The Awards this year have set as its theme ‘Belt and Road: Corporate Governance in Times of Opportunities’, which highlights the importance of good director practices for companies to cope with the new opportunities and challenges derived from the Belt and Road initiative.
The Board Award recognised the collective exemplary performance of the board of directors. The HKIoD judges commented that the Board of Kerry Logistics has been guiding the company to operate with integrity, transparency, and accountability. Its establishment and maintenance of risk management, internal control, and whistleblowing policies and systems were also commended.
“We are deeply honoured to receive the two prestigious awards from the HKIoD,”
The Executive Director Award was conferred in appreciation of the effectiveness, contribution, leadership, and business ethics of the individual winner. William Ma attached great importance to those by applying his deep knowledge about the industry to set up strategy and manage risk from enterprise-wide perspective, the HKIoD judges remarked. His adherence to transparency when communicating with the Board and management team was likewise praised.
“We are deeply honoured to receive the two prestigious awards from the HKIoD,” said William Ma. “These awards acknowledge the dedicated efforts of the Board and staff. The team has toiled over many years in places of different languages, cultures, religious beliefs, and political systems. Our journey has challenged us to move out of our comfort zones, and in the process, strengthened our core belief: quality governance is twinned with operational excellence, ensuring sustainable value to customers and shareholders.”
“We are grateful to the awards committee for this encouragement. We remain committed in upholding our best practices in corporate governance. This will continue to drive Kerry Logistics’ vision to become Asia’s leading logistics service provider, enabling us to maintain our competitive advantage to capture opportunities in different markets globally and along the new Silk Road, as well as to create long-term value to our shareholders and stakeholders,” William Ma added.
Questions & Answers
Q.Which specific awards did Kerry Logistics win at the Directors of the Year Awards 2017?
Which specific awards did Kerry Logistics win at the Directors of the Year Awards 2017?
Kerry Logistics won the award in the Boards category for its Board of Directors. Group Managing Director William Ma won the Executive Directors category of the Listed Companies (SEHK, Hang Seng Indexes Constituents).
Q.What did the HKIoD judges highlight as strengths of Kerry Logistics' Board of Directors?
What did the HKIoD judges highlight as strengths of Kerry Logistics' Board of Directors?
The judges commended the Board for guiding the company with integrity, transparency, and accountability. Its establishment and maintenance of risk management, internal control, and whistleblowing policies and systems were also praised.
Q.What was the main theme of the Directors of the Year Awards 2017?
What was the main theme of the Directors of the Year Awards 2017?
The awards theme was 'Belt and Road: Corporate Governance in Times of Opportunities'. This highlighted the importance of good director practices for companies to handle new opportunities and challenges from the Belt and Road initiative.
Q.What did the HKIoD judges say about William Ma's performance?
What did the HKIoD judges say about William Ma's performance?
The judges noted his application of deep industry knowledge to set strategy and manage risk enterprise-wide. His adherence to transparency when communicating with the Board and management team was also praised.
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