Shiv Nadar Receives Golden Peacock Award for Social Leadership

NOIDA, India, Oct. 30, 2014 /CNW/ - The Institute of Directors, India conferred the Golden Peacock Award for Social Leadership on Shiv Nadar, Founder and Chairman, HCL and Shiv Nadar Foundation for his leadership and philanthropic achievements and contributions under the aegis of the Shiv Nadar Foundation. The award was presented at the 14^th London Global Convention to Roshni Nadar Malhotra, CEO, HCL Corporation & Trustee, Shiv Nadar Foundation, who was present at the ceremony to receive the award on behalf of Shiv Nadar.

Speaking of the award, Shiv Nadar said, "This is a great honour and I thank the Institute of Directors, India for this recognition. In today's increasingly fragile socio-economic ecosystem, education is a powerful medium for enabling inclusive, transformational and sustainable change. This award is a testimony to the fact that we are on the right path and that education will play a key role in revitalizing disadvantaged communities and thereby impacting the social fabric of communities and nations."

Ashok Kapur, IAS (retd.), Director General, Institute Of Directors, said, "The Golden Peacock Awards have been recognizing global excellence since their inception two decades ago. It gives me great pleasure to confer this award on Shiv Nadar in recognition of his creative vision and commitment to philanthropy through transformational education. The Shiv Nadar Foundation's relentless focus on inclusive leadership development and growth through the creative philanthropic approach is a powerful enabler of sustainable and high impact change for the future."

The awards were finalized by a jury chaired by Justice P. N. Bhagwati, former Chief Justice of India and co-chaired by Justice (Dr.) Arijit Pasayat, former Judge, Supreme Court of India and former Chairman, Competition Appellate Tribunal & Authority for Advance Ruling (Customs, Central Excise & Service Tax).

Shiv Nadar, acknowledged as a visionary in modern computing in India, founded HCL in 1976 as one of India's original IT garage start-ups. Currently, HCL is a $6.5 billion enterprise with over 100,000 professionals from diverse nationalities operating across 31 countries. In 1994, he established the Shiv Nadar Foundation, a private philanthropic organization that has set up landmark institutions in India spanning the entire education spectrum. The Foundation has committed US$ 1 billion to its philanthropic initiatives and has invested US$ 491 million till March 2014 as per audited accounts.

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SOURCE: HCL Corporation and Shiv Nadar Foundation

Bhaswati Chakravorty, Head, Corporate Communication, HCL Corporation & Shiv Nadar Foundation, [email protected]; Prachi Bharga, [phone]