Friday 18th May 2018
The meteoric rise of Sanjeev Gupta’s GFG Alliance to global prominence was recognised last night (May 17th) in front of the world’s metals industry leaders by the award of a coveted international accolade.
GFG was declared winner of the prestigious ‘Rising Star Company’ title at the annual S&P Platts Global Metals Awards celebration dinner held at the Marriott in Grosvenor Square, London.
The event is regarded as the world’s showcase of excellence in an industry worth more than US$1.8 trillion a year, and winners were chosen from among nearly 100 finalists from all continents by an independent panel of experts representing all aspects of the sector internationally.
GFG’s success in the keenly-contested ‘Rising Star Company’ category follows Sanjeev Gupta’s CEO of the Year win in 2017 at the same event.
The ‘Rising Star’ award to GFG was made by judges based on Group’s ‘growth, innovation, operational excellence, scope and financial results.’
According to the official criteria, the category is reserved for companies that exhibit an entrepreneurial spirit in transforming markets and re-evaluating established traditions to move the industry forward. It also acknowledges ‘courage, superior execution, brilliant marketing and nimble organisation.”
Judges chose GFG as the standout business in light of its dramatic global growth over recent years, which has seen workforce numbers climb to more than 12,500, and its ground-breaking GREENSTEEL strategy for sustainable steel production burst onto the agenda in many countries including UK, Australia, USA and India. GFG was also nominated for a further six awards.
Accepting the award on behalf of the GFG Alliance Jay Hambro, who is the Group’s Chief Investment Officer and was himself nominated for CEO of the year for his role in running the Mining and Energy businesses of GFG said: “It is a delight and an honour to be recognized by your peers for this award. We have a strong strategic vision for growth based on our core GREENSTEEL plan for long term economic and environmental sustainability.”
Jo Tanner (iNHouse Communications)