LONDON-based business think-tank Asia House has awarded Temasek Holding's chief executive Ho Ching the Asian Business Leaders Award this year.
The non-profit organisation, which aims to foster closer ties between Asia and Europe, said Madam Ho was selected to receive this year's award because of her business credentials and her efforts to inspire a commitment in others to improving society.
Previous winners of the award include Chinese e-commerce giant Alibaba's founder Jack Ma, Mr Ratan Tata, Chairman of Tata Group and Mr Vikram Singh Mehta, Chairman of Shell India.
Said Sir John Boyd, Chairman of Asia House said: "We are extremely pleased to honour a business leader of the stature of Ho Ching, who has brought so much renown to Temasek and her industry in Asia. Ms Ho has demonstrated deeply impressive achievements in business whilst maintaining a dedication to the highest standards in corporate governance, transparency and leadership."
Madam Ho said she was surprised to win the award and and that it is a special recognition for Temasek.
"I'm privileged to accept this award on behalf of the Temasek team, who are committed to the ideals of being a responsible long term investor and steward, combining the discipline of being an active investor looking for sustainable long term returns, and the responsibility of being a trusted steward for past, present and future generations," she said.
She will receive the award in October.