Excellence Award 2022-2023


Congratulations to winner of 2022-2023 Credit Management Excellence Award (CMEA), Mr. Raymond T. W. Lam, Executive Director of Omron Ltd. The award was presented by Vincenzo Resta, Chairman of Annual Award Committee 2022-2023.


The purpose of the CMEA is to recognize the achievements of an individual in the Credit Management industry.

Raymond is an experienced financial controller with demonstrated history of working in various sectors and sizeable multinational companies in the past 20 years. In the last 10 years, he has specialized in managerial finance and credit risk management. He is also familiar with international trading practices and has track records in development of a sound and effective evaluation model. The latter has been helping corporates evaluate customer's financial status and credit risk in different perspectives to support business growth. At the same time, he is an eager and engaging public speaker and has recently delivered a speech on "Credit Risk Management for International Trade" to Hong Kong Electronic Industries Association and HK Institute of Certified Public Accountants. The Association is delighted and proud of Raymond's accomplishments in and contributions to the industry during his years of service. The Award Committee is honored to present Raymond with this award to acknowledge this milestone.

Below is the text of the speech given by Mr. Raymond T. W. Lam, on accepting this prestigious award.

Good evening, Chairman, Committee members and honourable guests.

Thank you very much to HKCCMA. It is a great honour for me to receive this award.

This award is really special and it is a recognition of my and my team's contributions to credit management in the past 20 years.

Please allow me to share a little bit experience on credit management. I believe that it is based on risk management. The basic credit management is the level of risk you can bear, and the rest is what you have to manage and our job is to minimize the risk.

I am confident to say that over the years, we have achieved a great deal in our commitment to good corporate governance, risk management, and ultimately, to our bottom line. We have worked hard to ensure that our business meets the industry standards. In addition, we have implemented cutting-edge technologies such as AI and Machine Learning to ensure that the risk is minimized.

In the near future, there are many uncertainties that may affect credit risk. We should make an extra effort to develop new methods with technologies to meet challenges and improve credit risk management capabilities.

Thank you very much again for recognizing my effort and I am confident that we will continue to contribute to the industry in the future.