Asia-Pacific News

Carlos Ghosn Named Asia Business Leader of the Year

Carlos Ghosn, the CEO of Nissan has won CNBC's Asia Business Leader of the Year Award. 57-year old Ghosn dedicated the prize to the company's 225,000 employees and said he was especially proud of Japanese workers who had to overcome the country's earthquake and tsunami in March.

Carlos Ghosn

"When you've been a CEO and in crisis, you forget moments like this exist," Ghosn said after receiving the award.

Ghosn, who became Nissan's CEO in 2001 and was named the CEO of Renault in 2005 has led a turnaround at the automaker and been at the forefront as the company has battled the natural disaster that struck this year.

Nissan produces 1.2 million cars a year in Japan, but production ground to a halt after the earthquake on March 11th. Ghosn said the company was back to full output by the end of September.

The 10th Asia Business Leaders Awards were held in Singapore and included about 200 CEOs and top executives from around the region.

Co-founder of Infosys, Narayana Murthy was recognized for his lifetime's achievements. Murthy helped found one of India's largest IT services companies with 6 others and served as CEO of the firm from 1981 to 2002 and Chairman from 2002 to 2011.

The award for Asia Innovator went to Richard Tsai, the Chairman of Taiwan Mobile. Tsai was recognized for integrating social media with music and leading convergence between the company's cable, mobile, fixed line and internet businesses.

The talent management award was won by Pailin Chuchottaworn, the CEO of Thailand's largest energy company, PTT. Chanda Kochhar, the CEO of India's largest private sector bank ICICI won the corporate social responsibility award and Ganesh Avyar, the CEO of another Indian IT services company, MphasiS won the viewer's choice award.