Suresh Prabhu, Minister of Commerce and Industry and Civil Aviation, will be the chief guest for the ceremony.
Moneycontrol, India’s Number one financial and business media platform, is set to host the first edition of the 'Wealth Creator Awards' on November 16 at Taj Land’s End, Mumbai.
The Wealth Creator Awards has been conceptualised to honour the companies, the leaders and the people behind creating India's robust financial services sector that has kept the country on its feet even at the worst of times and enabled the nation to touch greater heights.
Suresh Prabhu, Minister of Commerce and Industry and Civil Aviation, will be the chief guest for the ceremony.
Moneycontrol has taken it upon themselves to bring together this momentous celebration to acknowledge high-achieving financial powerhouses who have made India an economically stable nation.
What sets the Wealth Creator Awards apart is its holistic approach that takes into consideration performance-oriented markers like claims settlement ratio and gross insurance premium, along with the humane aspect of each nominee.
For the first edition of the awards, KPMG has come onboard as the Process Advisor and Evaluator and Acquist Marketing and Information Solutions as the Research Partner, while Moneycontrol’s internal team of experts have taken to assisting with devising award categories, drawing up the selection criteria.
To set the tone for the evening would be a one-on-one session between Gaurav Choudhury, Delhi bureau head, Moneycontrol and the chief guest, Suresh Prabhu on the ‘Long-term wealth creation strategy in India through investment into high-quality businesses at par with the rise of the startup ecosystem and boosting entrepreneurship.’ Apart from the felicitation ceremony, there will also be a panel discussion on the 'The importance of Wealth Creation to position India as an economic Superpower.'
On the announcement of the awards, Manish Maheshwari, CEO, Network18 Digital, said "As India’s economy takes bold strides, marching confidently into a new world, so does its industries and services across the board. Crucial, however, to the overall health of the economy is its financial sector, contributing over six percent to the GDP. The financial sector, forms the backbone for the economy when it comes to creating wealth of not only the country, but also for its citizens. Through the Wealth Creator Award, we applaud the world of finance and the people who make India the most financially stable economy to invest in. We strongly believe that strong financial fundamentals are critical for a diverse economy like India to grow into a superpower."
Commenting on the announcement of the Wealth Creator Awards, Gautam Shelar, Business Head, Moneycontrol said, "With a market of over 1.2 billion people, the opportunities in India as a great investment destination and a financial powerhouse isn’t lost on anyone in the biggest global platforms. The respect it got in the recently concluded 49th Davos Summit is just a glimpse of the kind of authority that India as an economic superpower is likely to hold in the future. Creating that powerhouse with a rock-solid base will mostly be thanks to its sound fiscal policies and financial structures. It is with that in mind that Moneycontrol, through the Wealth Creator Awards, aims to felicitate the pole bearers of financial services that have set global standards many-a-times, forcing the biggest and the strongest around the world to sit up and take note of India."
The winners were selected during a grand jury round that was held at 25 South: Bespoke homes by the Bay - a project by The Wadhwa Group and Hubtown, on August 18, 2018. The jury panel comprised of Deepak Parekh, Chairman, HDFC, Rajnish Kumar, Chairman, SBI, Rashesh Shah, Chairman and CEO, Edelweiss Capital, Ramesh Damani, Member, BSE, A Balasubramanian, CEO, Birla Sun Life Mutual Fund, Bhargav Dasgupta, CEO, ICICI Lombard, Tarun Davda, Partner and Managing Director, Matrix Partners, Upasana Taku, Founder, Mobikwik, Rahul Joshi, CEO - News and Group Editor in Chief, Network18, Manish Maheshwari, CEO, Network18 Digital and Santosh Nair, Managing Editor, Moneycontrol.
Some of the categories for the Wealth Creator Awards 2018 include Best Bank of the Year, Best Broking Firm of the Year and Social Impact Investment Firm of the Year.
