Well-known NRI businessman and philanthropist Ronald Colaco has been selected as one of the finalists for the prestigious Global NRI of the Year 2017 in the category of philanthropy awarded by leading news channel Times Now. As a shortlisted finalist Ronald Colaco has been invited to participate in the award ceremony which will be held on July 11 at Grand Hyatt Mumbai.
Times Now English news channel, of the leading media conglomerate Times Group, announced its international initiative in 2014 to recognize and award globally successful Indians The awards will be given in 6 different categories – Entrepreneur, Professional, Student, Arts/Entertainment, Philanthropy and Social Good and contribution to India.
The awards are open to any non-resident Indian, overseas Indian citizens and persons of Indian origin residing in USA, Canada, Singapore, UK, Middle East (including Dubai, Saudi Arabia, Bahrain, Qatar and Kuwait) for more than two years. The awards are given in categories such as – Entrepreneur, Professional, Academics, Art and Culture, Philanthropy, Start Up, India’s global Icon and the Special Jury award. The final winners are selected after a five tier evaluation process which is managed by Ernst and Young, a multinational professional services firm in the world.
Apart from being a successful entrepreneur in his own right, Ronald Colaco has been active in promoting socio-cultural, charitable and philanthropic activities in his endeavour to give back to the society that he has come from, in a big way. His largesse has benefitted the poor and the needy people and various institutions and organisations irrespective of caste, creed, race, religion and language. He has been a pioneer in providing infrastructure facilities for the benefit of the larger public and has set a precedent for others to follow.
Colaco has been the recipient of a number of national and international awards in recognition of his charitable and philanthropic activities including the prestigious award from the office of The Prime Minister of Australia through CSIA which conferred the “2015 International Recognition Award for Leadership in Service Excellence” at the Australian Service Excellence award ceremony held in Melbourne in 2015, the only person chosen for this prestigious award internationally from among 80 countries. Earlier this year, he became one of the few Indians to have the previlege of being invited to share breakfast with US President Donald Trump in Washington DC.