PJ Lhuillier Inc., the country’s leading microfinance institution, offering pawning, remittance, microinsurance, loans and bills payment, among other financial services through its core brand, Cebuana Lhuillier, was recently honored as the first and only Filipino company to be bestowed the prestigious Grand Stevie Award at the reputable International Business Awards (also known as ‘The Stevies’).
Aside from this, the company and president and CEO Jean Henri Lhuillier also garnered five gold, five silver and two bronze awards.
“PJ Lhuillier Inc. should feel very honored to receive the Grand Stevie Award this year. It is one of the highest honors in The International Business Awards. As the first company based in the Philippines to receive a Grand Stevie Award, their accomplishments amazed the judges. From providing financial literacy services to Filipinos to expanding to over 1,800 branches nationwide, the Stevie Awards is proud to give PJ Lhuillier this award,” said Michael Gallagher, president and Founder of the Stevie Awards.
Meanwhile, Lhuillier expressed pride and appreciation for the company’s accomplishments. “We at PJ Lhuillier carry out our business with the ultimate aim of achieving financial inclusion, and citations such as this help us assess whether or not we are on the right track. We always strive to be better than ever and we will not stop challenging ourselves at PJ Lhuillier. We appreciate the nod from the International Business Awards and we can only hope that they will continue to recognize our work in the future,” he added.
PJ Lhuillier Inc was recognized in five different categories; Gold for Company of the Year — Financial Services, Gold for Company of the Year — Insurance, Gold for Company of the Year — Diversified Services, Silver for Company of the Year — Conglomerates, and Silver for Corporate Social Responsibility Program of the Year — Asia, Australia and New Zealand.
On the other hand, Lhuillier bested other nominees in seven categories; Gold for Executive of the Year — Diversified Services, Gold for Executive of the Year — Financial Services, Silver for Maverick of the Year, Silver for Chairman of the Year, Silver for Executive of the Year — Conglomerates, Bronze for Innovator of the Year, and Bronze for Executive of the Year — Insurance.
PJ Lhuillier Inc. and Jean Henri Lhuillier were given multiple recognitions for the excellent business performance of the company in the past year.
Some of the milestones include Cebuana Lhuillier reaching over 1,800 branches in the Philippines, opening its first branch in Hong Kong, and establishing a marketing office in Dubai.
The past year also saw the brand introduce microinsurance products for the working class, benefiting construction workers, barangay tanods, security guards and employees, among others.
To expand reach and cater to more clients, the company gained more corporate partners including Enjaz Banking Services, the biggest remittance center in Saudia Arabia, and local airlines Cebu Pacific, Air Asia, and Philippine Airlines, to name a few. With over 60 partners worldwide, Cebuana Lhuillier is now able to extend its services to clients in different international territories.