An awards ceremony recognizing the top 50 Asian Americans in business took place in New York on Wednesday, advocating Asian American economic and business contributions and a celebration of business excellence.

Outstanding 50 Asian Americans in Business award, founded by the Asian American Business Development Center (AABDC), now in its 23rd year, recognizes the achievements of Asian American corporate professionals and entrepreneurs across a wide range of industries.

The individuals who received the 2024 award represent a broad spectrum of industries, including finance, technology, healthcare, marketing, and corporate leadership.

Among the recipients of the Pinnacle Award are John T.C. Lee, President and CEO of MKS Instruments, Inc., a company that provides technologies and products for measuring, controlling, powering, and analyzing processes in advanced manufacturing. Another recipient is Karthik Narain, Group Chief Executive of Technology and Chief Technology Officer at Accenture, a global IT services company.

The Pinnacle Award has previously been awarded to top leaders, including Raj Subramaniam, CEO of FedEx Corporation, who received the honor in 2023.

The event hosted over 600 guests, including business, political, and civic leaders from the Asian American business community across the United States.

AABDC is also celebrating its 30th anniversary this year. The organization has recognized more than 1,200 Asian American corporate executives and entrepreneurs.

“Every year, we look forward to this prestigious event with great excitement as it exemplifies the key role that AABDC plays in society and to the AAPI community – as a champion and advocate of Asian American economic and business contributions and as a celebration of business excellence,” said John Wang, president and founder of AABDC.

minluzhang@chinadailyusa.com