HSBC launches 2nd edition of Business Excellence Awards

The Hongkong and Shanghai Banking Corporation (HSBC) Limited in Bangladesh on Wednesday announced the launch of the second edition of the ‘HSBC Business Excellence Awards’.

The programme aims to recognise and honour business enterprises and entrepreneurs from Bangladesh for their contribution to the sustainable growth of the national economy. This year the theme of the awards is ‘The Year of Resilience’, reads a press release.

The HSBC Business Excellence Awards is supported by programme partners: Ministry of Commerce, Government of the People’s Republic of Bangladesh and British High Commission, Dhaka.

Adjudication will be done by a jury board comprising members from HSBC senior management team, the Ministry of Commerce and the 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, and regulatory compliance.

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.

Md Mahbub ur Rahman, CEO, HSBC Bangladesh, said, “These awards aim to acknowledge thriving businesses in Bangladesh, and enables them to connect with high growth global opportunities – something HSBC has been doing for 155 years around the world.”

Kevin Green, Country Head of Wholesale Banking, HSBC Bangladesh, said, “Through the HSBC Business Excellence Awards, we highlight 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 taking great strides to develop the powerhouse of our 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 business.hsbc.com.bd/bea. Organisations can also nominate others for any categories of the programme. The nomination phase is open until 28 January 2021.

Business enterprises and entrepreneurs can nominate themselves in eight categories by filling in a simple nomination form. The categories of 2nd HSBC Business Excellence Awards are:

1. Export Excellence - Ready Made Garments (RMG)

Annual export turnover of $50 million and above.

2. Export Excellence - Supply Chain and Backward Linkage

Annual export turnover of $10 million and above.

3. Export Excellence - Nontraditional and Emerging Sectors

Annual export turnover (Non-RMG and non-Textiles) of $3 million and above.

4. Best in Import Substitution

Reducing or substituting imports to a value of $10 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 (New category included this year)

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

7. Best in Innovation & Technology (New category included this year)

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.