Press Release CONTACT INFORMATION: CNBC Asia Pacific Reena Kumarasingham +65 6326 1123
[email protected] PRINT, RADIO, ONLINE, WIRE & TV EMBARGO Thursday 26 October 2006 at 11.00 pm (SIN/HK time) Region’s Top CEO Named at the 5th CNBC Asia Business Leaders Awards Singapore, 26 October, 2006 – CNBC, First in Business Worldwide, has announced the winners of the 5th CNBC Asia Business Leaders Awards. The coveted Asia Business Leader of the Year was awarded to Anand G. Mahindra, of Mahindra & Mahindra. Under Mr. Mahindra, Mahindra & Mahindra has been consistently recognized as one of the most respected companies in the country. The company employs 11,600 people and has 8 manufacturing facilities spread over 500,000 square meters. It has 49 sales offices that are supported by a network of over 780 dealers from all over the country and who are connected by an extensive IT infrastructure. The company's 300 top managers have successfully hit their business targets year after year through its "Blue Chip Matra" where best innovations are everyday things. The company also supports various initiatives to promote the welfare and education of not only its employees, but also the community. It has supported over 1,700 primary students and victims of national calamities through its trust foundation. Mr. Mahindra's vision and leadership have successfully led Mahindra & Mahindra into the innovative and progressive company that it is today. * o The other ABLA 2006 winners are: • Asia Innovator of the Year – Masanari Iketani, of Tokyo Steel Manufacturing Co. Ltd – has successfully led an organization that has innovation at its very core and as a result, achieves outstanding business success.