SM Mahbubul Alam, managing director of Walton Hi-Tech Industries PLC, has been honoured with the "MD of the Year Award" by Bangladesh Brand Forum (BBF) at the "Bangladesh C-Suite Awards-2024".

Alam received a crest and a certificate from Ishtiaq Mahmood, professor of the National University of Singapore, at a function at a hotel in the capital recently, said a press release.

It said Alam was recognised for his outstanding contribution to the progress of national economy and improving the people's living standard through manufacturing and marketing energy efficient and environment-friendly appliances.

Thanking the authorities for this award, Walton MD said, "It was a great honour for me. Special thanks to all members of the Walton family for their hard work and dedication for whom we are having remarkable success one after another."

For the young generation, he said: "There is no alternative to hard work to be successful. Every job will have challenges and many obstacles but you have to take the challenges and also move forward with strong determination to achieve your goal. Only then you will be successful."

The BBF, a think thank based in Bangladesh, initiated the "Bangladesh C-Suite Awards" in 2022 to recognise and celebrate the achievements of Bangladeshi executives.

This year, the authorities received 87 nominations from 33 businesses in 24 categories.

The jury board carefully reviewed the nominations and then awarded 22 top personalities of the business sector of Bangladesh.

Shariful Islam, founder and managing director of BBF, among others, was also present.