Bangchak Receives 4 Awards at the People Management Award 2022

• 2 Best Practice Awards - The Best of CEO People Leader and The Best Employee Relation and Engagement
• 2 Advanced and Consolation Awards - The Best Reward and Recognition and The Best Learning and Development

Bangchak Corporation Public Company Limited received 4 awards at the People Management Award 2022 organized by the People Management Association of Thailand (PMAT) reflecting the importance of people management and organization management in fostering sustainable success. Among others, the company was and honored with The Best of CEO People Leader and Best Employee Relation and Engagement awards.

Bangchak was 1 of 13 organizations receiving 4 People Management Awards, with Chaiwat Kovavisarach, Group Chief Executive Officer and President, Bangchak Corporation Public Company Limited, presented The Best of CEO People Leader Award - Best Practice Level. Chokchai Atsawarangsalit, Senior Executive Vice President, Corporate Management and Organization Development, was presented with 3 awards for Bangchak; namely, The Best Employee Relation and Engagement -Best Practice Level, The Best Reward and Recognition-Advanced Leveland The Best Learning and Development - Consolation Level, for a total of 4 awards at the People Management Award Ceremony 2022 at Aksra Theatre, Pullman Bangkok King Power, Rangnam Road.

The People Management Award 2022, held for the first time by the People Management Association of Thailand (PMAT), honors executives (CEO) with managerial vision, effective people management policy and strategy, able to motivate and drive employees to achieve organization’s targets. Moreover, it elevates the standard, quality, and efficacy of people management in Thailand.

Chaiwat, one of the four recipients of The Best of CEO People Leader award, joined the CEO Talk Session stating that Bangchak’s present day strength and success is result of the cumulative efforts of its employees, as well as restructuring the organization for sustainability according to the 3Rs concept, namely Refocus: accelerating the balance between energy security and the transition to clean energy, Restructure: creating new channels to access markets and customers, and Reimagine: selecting opportunities and investment tools that optimize returns for the company. Moreover, this includes caring for its employees as a valued family member according the “100X Happiness” engagement policy which empowers employees to realize their potential, promoting cross-functionality, creating open spaces conducive to communication and collaboration, as well as fostering boldness, critical thinking, decision-making, passion and ownership in line with its Core Values of “i am bcp”. He thanked all employees for their cooperation in driving Bangchak to achieve numourous awards. This recognition is for every Bangchak employee.

Bangchak adopted the 100X Happiness strategy in 2021 covering through the four aspects of its “Happy 4” Employee Engagement Strategy, specifically, 1) Happy Stay - developing strong foundations of equality, inclusivity, and modernity 2) Happy DNA - developing a framework for skills and processes that are aligned with the core values of “i am bcp”, consisting of Innovation, Agility & Mobility, Boldness, Customer Empathy, and Passion & Ownership, 3) Happy Me - balancing wellness and fair growth, and 4) Happy Heart - developing a better quality of life, fostering engagement, and social and environmental responsibility according to the vision “Crafting a Sustainable World with Evolving Greenovation”.