Centara Hotels & Resorts (CHR) achieved an "outstanding performance" in Institutional Investor's 2024 Asia-Pacific (ex-Japan) Executive Team rankings, securing eight prestigious awards and showcasing its excellence in multiple categories.
Institutional Investor, a renowned US-based research and international publisher focusing on global finance, conducted its 14th Annual Asia Executive Team survey with participation from 4,943 buy-side professionals managing an estimated US$2 trillion in Asia (ex-Japan) equities and 951 sell-side analysts.
A total of 1,669 companies and 2,595 individuals across 18 sectors were nominated, with evaluations based on key areas such as financial disclosure; services and communication; environmental, social and governance (ESG); and board of directors; as well as attributes for CEOs, CFOs, and the best IR professionals.
CHR secured eight accolades in the gaming & lodging category, including Best CEO, a third ranking for chief executive Thirayuth Chirathivat, and an overall ESG award, which was a second ranking.
"We are deeply honoured to receive eight prestigious awards from Institutional Investor's 2024 Asia-Pacific," said Thaschai Phattanagosai, assistant vice-president for corporate risk, legal and sustainability at CHR.
"I extend my heartfelt thanks to our dedicated Centara team, along with our suppliers, shareholders and stakeholders. Their support and cooperation have been instrumental in advancing our ESG initiatives."
These achievements reflect the confidence of investors and analysts in CHR, highlighting the company's strength in financial oversight, risk management and ethical practices, as well as its commitment to timely, transparent and accurate communication with external stakeholders, said Mr Thaschai.
"At Centara, we are committed to upholding the highest standards of ethics, transparency and responsibility," said Mr Thirayuth.
"By integrating ESG principles into our business practices, we are not only contributing to a sustainable future for the next generation, but also ensuring that our growth is aligned with the well-being of the communities we serve."
