Pakistan Petroleum Limited (PPL) bagged the Best Corporate Report Award (BCRA) for its Annual Report 2008. According to a press release, the company stood first among five shortlisted organisations in the fuel and energy sector, scaling up three positions over last year when its report was ranked fourth in the sector.
This is the third BCRA that the company has won, the first being in 2005 followed by one in 2007. The results were announced at a ceremony jointly organised by the Institute of Chartered Accountants of Pakistan (ICAP) and Institute of Cost and Management Accountants of Pakistan (ICMAP) that drew a large number of representatives from the accountancy profession, corporate sector and the media.
Managing Director and Chief Executive Officer Khalid Rahman received the award from Governor State Bank of Pakistan Syed Salim Raza, who was the chief guest on the occasion. -PR