News

Dr Binod Chaudhary, Chairman of CG Corp Global, wins Outstanding Leader — SAARC

Binod Chaudhary Dr Binod Chaudhary, Chairman of CG Corp Global, wins Outstanding Leader — SAARC

Dr Binod Chaudhary, Chairman of CG Corp Global and a strong investor in the Indian hospitality sector, was named the Outstanding Leader – SAARC at the CEO Awards 2019 held in Mumbai recently.  The prestigious annual awards celebrate excellence in the boardroom and beyond and is touted as one of India’s most transparent and well-researched awards where a highly credible jury reviews industry leaders on their performance at work, work-life balance and the larger impact of their actions. Chaudhary’s award is doubly prestigious as corporate leaders from all eight SAARC countries were in fray for the SAARC Award and he was the only non-Indian among the corporate stalwarts felicitated.

The very first and only billionaire in Nepal (as published by Forbes), in accepting the award Chaudhary continued his call for stronger regional cooperation.  “We have, over the years, worked through different forums including the SAARC Chamber.  There’s a lot that needs to be done and I think the time is right now.  We must race forward.”
Chaudhary who heads a global conglomerate of over 190 companies and 76 brands manned by a team exceeding 10,000, has within his business purview FMCG, electronics, education, cement, energy, hospitality, real estate development, financial services, telecom, Ayurveda, biotech and construction.
Chaudhary is a global player in Fast-Moving Consumer Goods and the brain behind Wai Wai, CG’s iconic brand that earned him the epithet, “Noodle King.” Thanks to Wai Wai, he has over 2 percent of the world’s shares in the noodle market.
His hospitality arm extends to his home country of Nepal, India China, Philippines, India, UAE, Maldives, and Seychelles.  Have stakes in multiple Taj (IHCL) properties, Fern hotels, The Zinc, The Zinc Journey, The Zinc Living, and Radisson.

In the citation delivered at the awards, it was mentioned that this award of The Outstanding Leader – SAARC is awarded to an extraordinary individual with strategic foresight and leadership to deliver superior performance in a SAARC Company.  As Director CG Corp Global Varun Chaudhary articulated to the packed venue holding some of the most distinguished corporate stewards, mentors, visionaries and leaders in India, “A small man from a small country with big dreams; this is what defines my father.  He has made it to where he is today because he chases dreams.” 
Among those felicitated at the CEO Awards were Chairman of the Bajaj Group Rahul Bajaj as The Visionary, Executive Chairman of Murugappa Group M M Murugappan as The Boundary Breaker and Group Chairman of Larsen & Toubro Limited A M Naik as The Mentor. 

Related posts

Swapnil Gunjal appointed new DGM Outbound Product & Contracting at 2HUB

2HUB announces the appointment of Swapnil Gunjal as Deputy General Manager Outbound Product & Contracting.

Vikas Kumar appointed new General Manager at Four Points by Sheraton Kochi Infopark

Four Points by Sheraton Kochi Infopark announced the appointment of Vikas Kumar as General Manager. With an extensive gamut of experience of…

IHCL opens 136 - room Vivanta Bhubaneswar in vibrant Odisha

IHCL announced the first Vivanta Bhubaneswar, Odisha

Anand Nair appointed new General Manager Crowne Plaza Chennai Adyar Park

Crowne Plaza Chennai Adyar Park appointed Anand Nair as General Manager. He joined the IHG Southwest Asia family in 2019 as the…

Road to Recovery | Brent Hill: We have a plan and a goal in mind – to be open by end-2021

Today’s Traveller invites Brent Hill, CEO, Tourism Fiji to share his insights on emerging paradigms in global tourism in ‘Road to Recovery” and…

Raffles Udaipur brings legendary Raffles hospitality to scenic Udaipur on Aug 2, 2021

Raffles Udaipur, India’s first Raffles hotel, opens on August 2, 2021 offering a fresh perspective on the city of Udaipur and region…

Gaurav Sekhri appointed new Hotel Manager at The Westin Pushkar Resort & Spa

The Westin Pushkar Resort & Spa has announced the joining of Gaurav Sekhri as the new Hotel Manager. Gaurav Sekhri is an…

Sarovar Hotels expand portfolio with new 45-room Madhuban Sarovar Portico in Mussoorie

Sarovar Hotels and Resorts continue the expansion of its leisure portfolio with the opening of a new hotel in Mussoorie, Uttarakhand. This…

TAFI remembers legendary JRD Tata on his 117th birth anniversary at their first meeting

The newly elected Managing Committee of TAFI held its first meeting in Mumbai on 28th July. Two members were co-opted to the…

FICCI to organise 2nd Virtual Edition of Travel, Tourism & Hospitality E-Conclave

FICCI is organizing the Second Virtual Edition of Travel, Tourism & Hospitality E Conclave: The Road to Resilience & Recovery on August 5 -6, (Thursday- Friday),…