Aboitiz Power Corp. (AboitizPower) and Erramon Aboitiz, in his capacity as president and CEO of Aboitiz Equity Ventures (AEV), have earned outstanding recognition in Asiamoney’s Best Managed Company Awards 2010.
Every year, the international financial magazine recognizes the top small, medium and large cap companies in each major country in the Asian region and also singles out one outstanding executive.
For the Philippines, AboitizPower was named Best Large Cap Company and Erramon Aboitiz, the country’s Top Executive.
The Best Managed Company and Top Executive awards are industry recognitions and not based on an open poll with completed questionnaires. Asiamoney journalists speak to people in the industry – CEOs, CIOs and senior executives from fund management and hedge fund companies, as well as senior analysts in brokerages across Asia. Companies are measured against a list of criteria including profitability, market leadership and innovation.
The official announcement of awardees is posted in Asiamoney’s website and published in its December 2010-January 2011 print edition. [DLPC]
