NewBiz Events

Yeti Air And Unilever Awarded Best Managed And Joint Venture Companies In Nepal

August 26, 2013

Yeti Airlines was awarded ‘Best Managed Company of the Year 2013’ by the New Business Age Pvt. Ltd. amid a ceremony titled ‘Newbiz Conclave & Business Excellence Awards Ceremony 2013’ in capital on last Saturday. The ceremony was organized by the New Business Age Pvt. Ltd. with a main sponsorship of Asian Paints.

Yeti was felicitated for its best air services even in the remote areas of Nepal. The awards were distributed in ten different categories.

Likewise, Unilever Nepal Ltd has bagged the Best Managed Joint Venture Company of the Year. The award was provided to Unilever for satisfying all the stakeholders of the company as well as regularly distributing high dividends to its shareholders.

In the commercial banks sector, Everest Bank Ltd. won the Best Managed Commercial Bank of the Year.

Clean Energy Development Bank Ltd has received Best Managed Development Bank of the year and Fewa Finance Ltd, which is headquartered at Pokhara, received Best Managed Finance Company.

Nepal Life Insurance Company was awarded in the Best Managed Life Insurance Company category, while NLG Insurance Company won the Best Managed Non-life Insurance Company.

During the ceremony, Shailaja Adhikari was also felicitated with the Women Entrepreneur of the Year. Affiliated with ICC group, she is an entrepreneur who has been investing on fashion designing and pre-school education.

Deepak Prakash Baskota, hailing from Panchthar, achieved the Social Entrepreneur of the Year for his entrepreneurship through Kanchanjangha Tea Estate and Research Centre.Karna Sakya was felicitated with the Newbiz Lifetime Achievement Award.

The thematic jury and the lead jury were formed to decide upon the awardees for 10 different categories. The Lead Jury was presided by the Soaltee Hotel Ltd Chairman Prabhakar Shamsher JB Rana. Each thematic jury had recommended three companies to the lead jury for the award. “The selection of the awardees has been done in utmost fair manner,” Rana told, adding that this type of program would encourage the private sector.

Award recipient for the Best Managed Company of the Year, Yeti Airlines Managing Director Vijay Shrestha, said they were feeling proud for being awarded. “We are elated of being awarded for our works and this has further helped us to realize our responsibilities”.