30 January 2018 12:35:17 IST

LIBA Beacon 2018 paves way for leadership and ethics for India

Infosys bags this year's Mother Teresa Award for Corporate Citizenship

Loyola Institute of Business Administration's (LIBA) annual flagship conference Beacon, focusing on the promotion of ethical standards, was inaugurated by US Consul General Robert Burgess. This year, LIBA’s Mother Teresa Award for Corporate Citizenship was awarded to Infosys Ltd.

The theme for the day-long conference was 'Leadership and ethics for the new India', which focused on providing a direction to build a strong business platform for emerging leaders. The conference was spread across two sessions with various industry experts including VM Rajasekaran, CEO, ITC Limited (Matches and Agarbathis Division); Jahanzeb Akhtar, Principal Commissioner of Income Tax - Government of India; CK Ranganathan, CMD, CavinKare Pvt Ltd, addressing key aspects of ethical leadership in the context of new India.

Mother Teresa Award

Infosys Ltd was awarded the renowned Mother Teresa Award for Corporate Citizenship. Instituted by LIBA in 1998, the award is presented every year to a company that has shown exemplary commitment to the ideals of corporate citizenship. The jury consisted of Chairman of the Award Committee N Vittal, IAS (Retd), Former Chief Vigilance Commissioner, Govt. of India; TS Krishnamurthy, former Chief Election Commissioner; AX Alexander, IPS (Retd), Former Director General of Police; R Ramaraj, Senior Advisor, Elevar Equity; and Jayashree Suresh, Dean, Hand in Hand Academy for Social Entrepreneurship.

MM Rajendran, former Governor of Odisha, presented the award to Infosys and the report was presented by Krishnamurthy. Surya, Associate, Vice President, Infosys, accepted the award on behalf of the company.

Congratulating Infosys, Rajendran said, “On this occasion I would like to congratulate LIBA for instituting this award for corporates as it opens the possibility of great impact on the society. A good corporate is one that understands the social responsibility and works towards the betterment of society and environment. Infosys has always shown social consciousness as its duty to society both directly and through Infosys Foundation.”

Commenting on the occasion, Fr Christie, SJ, Director, LIBA, said, “The award is an annual honour given to a company that has gone far and beyond its regular works to promote welfare activities for the benefit of the poor and marginalised sections. This year's worthy winner, Infosys, is being rewarded for displaying exemplary commitment to the ideals of corporate citizenship. We are proud to play a small yet definitive role in creating an effective change in the society.”