HDFC Life honored with Golden Peacock award for ‘HR-Excellence’

India Infoline News Service | Mumbai |

The award recognizes effectiveness of HR and people management practices at HDFC Life, contributing to the needs of the business, profession, employees, industry and the nation.

HDFC Life, India’s leading long term private life insurance solutions provider has been conferred with the prestigious ‘Golden Peacock HR Excellence Award’ in the Insurance category.
 
The award recognizes effectiveness of HR and people management practices at HDFC Life, contributing to the needs of the business, profession, employees, industry and the nation.
 
Commenting on the occasion, 
Rajendra Ghag, Senior EVP & Chief Human Resource Officer, HDFC Life said, “It is an extremely proud moment for us at HDFC Life to be honored with Golden Peacock award for overall excellence in our HR and people management practices. Our human capital strategies devised this year have been impactful in maintaining a workforce which has been good for the growth of the business. We see empowering and enabling employees not only as a best practice but a key differentiator and a business enabler. Such recognitions inspire us not only to continue the good work in this field but also to set new benchmarks in HR excellence.”
 
The category for HR excellence received 237 applications across different sectors and was scrutinized by a three-tier assessment process by a panel of experts comprising of Corporate Governance, Sustainability and Human Resource Management experts. HDFC Life was selected through a rigorous selection process. The shortlisted applicants were submitted to a jury of eminent people known for their independence and impartiality headed by Dr. Ola Ullsten, former Prime Minister of Sweden and Justice P. N. Bhagwati former Chief Justice of India and Member, UN Human Rights Commission.
 
The Golden Peacock Awards have been instituted since 1991 by the Institute of Directors (IOD) a non-profit apex body of directors registered in India. The awards framework is based on IOD Business Excellence Model which conforms to the ISO 9001:2000 standard series and is comparable with similar frameworks around the globe.

 

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