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HSBC wins the Asian Banker award

The Hongkong and Shanghai Banking Corporation (HSBC) was chosen as winner of the Asian Banker Award for Achievement in Treasury for 2007.


Award: HSBC officials with the award in Vietnam

HSBC was recognised yesterday by 'The Asian Banker' for Achievement in Treasury in the Asia Pacific region. An exclusive audience of top industry leaders from around the world witnessed the award ceremony for 37 of the top professionals in the banking industry in the Asia Pacific region held in Hanoi, Vietnam.

This is the highest award available for achievement in treasury in the banking industry in the Asia Pacific. The award plays an important role in cultivating a culture of excellence amongst institutions and senior management in the banking industry in Asia.

"The benchmark for excellence in leadership in Asia Pacific and the Gulf region has become incredibly high, as the accomplishments of this year's Achievement Award winners demonstrate," says Emmanuel Daniel, President of The Asian Banker said.

"Asia has a fine cohort of truly global leaders, and Asia's best banks are attracting an incredible amount of attention globally," he added. Five regional and international awards were given to top bankers and regulators, along with 17 awards for young bankers under the age of 40 who were being recognised as the region's most promising young talent.

Nine other awards focused on achievements in specific business lines in the financial services industry.

Two awards focused on supporting industries, executive search and legal advice and the night also honoured three senior bankers with lifetime achievement awards. The award ceremony was held in conjunction with The Asian Banker Summit, undisputedly the largest gathering of financial services industry professionals in the Asia Pacific region.

The Summit is held annually in different Asian cities, and this year's was held in Hanoi.

This year, The Asian Banker Summit is holding a joint conference with the Bankers Association for Finance and Trade (BAFT) called the BAFT Asia Conference on Cash, Treasury & Trade.

It is the first Asian conference organised by BAFT, an affiliate of the American Bankers Association that promotes the discussion of global issues in the financial services industry.

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