Chennai, January 2018: Loyola Institute of Business Administration – LIBA’s annual flagship conference BEACON focusing on the promotion of ethical standards, was inaugurated by the Honorable US Consul General Mr.Robert Burgess. This year, LIBA’s Mother Teresa Award witnessed Infosys Ltd. being rewarded the prestigious Mother Teresa Award for Corporate Citizenship.
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 Dr. V. M. Rajasekaran, CEO, ITC Limited (Matches and Agarbathis Division), Ms. Jahanzeb Akhtar, Principal Commissioner of Income Tax – Government of India, Mr C K Ranganathan, CMD, CavinKare Pvt. Ltd. addressing various key aspects of ethical leadership in the context of new India.
Infosys Ltd., a global leader in technology services and consulting 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 Mr. N. Vittal, IAS (Retd.), Former Chief Vigilance Commissioner, Govt. of India, Mr. T.S. Krishnamurthy, Former Chief Election Commissioner, Mr. A.X. Alexander, IPS (Retd.), Former Director General of Police, Mr. R. Ramaraj, Senior Advisor, Elevar Equity, Dr. Jayashree Suresh, Dean, Hand in Hand Academy for Social Entrepreneurship. Shri. M.M. Rajendran IAS, Former Governor of Orissa presented the award to Infosys and the report was presented by Mr. T.S. Krishnamurthy. Mr. Surya, Associate, Vice President, Infosys Limited accepted the award on behalf of the company.
Congratulating Infosys Limited, Shri. M.M. Rajendran IAS said, “In 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 which 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 Limited 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.”
About LIBA:Loyola Institute of Business Administration (LIBA) is a premier B-school, established in 1979 in Chennai. It endeavors to contribute to the sustained development and inclusive growth of the nation, by preparing managers imbued with a spirit of innovation and entrepreneurship. LIBA stands for excellence and ethics. The Institution works with an undeterred zeal to offer its students the best of the education, experience and thereby conducts several activities related to learning for their overall growth and development. Loyola Inclusive Innovation Impact Centre (L3iC), the start-up eco-system at Loyola Campus, is co-located at Prof. C.K.Prahalad Centre for Emerging India at LIBA.