Thursday, 28 September, 2023

HSBC launches 3rd Business Excellence Awards

  • Press Release
  • 3rd September, 2023 04:51:23 PM
  • Print news

The Hongkong and Shanghai Banking Corporation Limited in Bangladesh has launched the third edition of the ‘HSBC Business Excellence Awards’.

The programme aims to celebrate the successful entrepreneurs and organisations for their significant contributions to Bangladesh’s growth journey and achievements in their sectors. This year the theme of the awards is:  ‘Bangladesh: Proudly Resilient, Globally Excellent’.

Business enterprises and entrepreneurs can nominate themselves in eight categories by filling in a simple nomination form. The categories of 3rd HSBC Business Excellence Awards are: 

1. Export Excellence - Ready Made Garments (RMG)

Annual export turnover of USD50 Million and above

2. Export Excellence - Supply Chain and Backward Linkage

Annual export turnover of USD10 Million and above

3. Export Excellence - Nontraditional and Emerging Sectors

 Annual export turnover (Non-RMG and non-Textiles) of USD3 Million and above

4. Best in Import Substitution

Reducing or substituting imports to a value of USD10 million and above

5. Leader in Inbound Investment and Infrastructure

Foreign investment in the form of capital, technology solution etc., contributing to  fulfilling domestic demand and/or other impactful investments in building  infrastructure, improving living standards and unlocking GDP growth

6. Excellence in Sustainability

Organisation with the most impactful contribution to the society/community through implementation of sustainability project

7. Best in Innovation & Technology 

Organisation who implemented the most impactful changes via innovation and technology touching and improving lives of people and making positive contribution to the country’s economy

8. Special Achievement Award

Individual(s) / Organisation who has made exemplary contribution to country's socio economic growth, excellence in innovation, job creation and supporting the community

The HSBC Business Excellence Awards is assisted by programme partners: Ministry of Commerce, Government of the People’s Republic of Bangladesh and The British High Commission, Dhaka. Adjudication will be done by a Jury Board comprising members from HSBC senior management team, Ministry of Commerce and British High Commission Dhaka.  Winners will be selected based on aspects such as, annual contribution to the national exports and economy, diversity, responsibility, sustainable business practices, governance strengths, regulatory compliance etc. 

The awards programme is not exclusive to HSBC customers and is open to all enterprises and entrepreneurs operating in Bangladesh. There is no entry fee or financial recognition.

Commenting on the initiative Md Mahbub ur Rahman, Chief Executive Officer, HSBC Bangladesh remarked, “HSBC Bangladesh has been supporting businesses and entrepreneurs in their growth journey for the last 27 years. We are delighted to be recognising the exceptional businesses who have contributed to Bangladesh’s trade growth, fulfilled  domestic demand or facilitated development of infrastructure as Bangladesh prepares to thrive  in a post-LDC graduation scenario.”

Gerard Haughey, Country Head of Wholesale Banking, HSBC Bangladesh said, “Through  these awards, we recognise the achievements of the country’s most successful enterprises  and entrepreneurs and recognise their relentless efforts to make Bangladesh’s mark in the  global arena. We are proud to be playing our role in supporting those who are dynamic, resilient and making a difference to create an even more powerful economy.” 

Talukdar Noman Anwar, Country Head of Communications, HSBC Bangladesh, also spoke at the launch conference and shared the rules and regulations of the programme.

Nomination forms and other details of the programme are available at Organisations can also nominate others for any categories of the programme. The nomination phase is open until 1 October 2023.