Golden Steering Wheel

Juan Somavia, the ILO Director General was awarded the Golden Steering Wheel

News | 14 November 2003
Juan Somavia, the ILO Director General was awarded the Golden Steering Wheel for his outstanding personal contribution to the solution of social problems of the world community at the Fifth Assembly of the Managers of the New Age Fund of the Russian Federation, which took place on November 15 in the Christ the Savior Cathedral.

The Managers of the New Age Fund ( instituted a Golden Steering Wheel Award as the highest international public award for the outstanding personal contribution to the development of the management theory and practice in economic and social sphere of the world community, regions and countries of the world. Candidates are chosen and voted for by the International Public Committee, which comprises 20 prominent entrepreneurs, politicians and state officials (Rem Vyakhirev, former head of Gazprom, is the Honourable Chairman, V. Tereshkova, first woman cosmonaut, director of the Russian Center of International Scientific and Cultural Cooperation is a co-chairperson together with V.Glukhikh, President of the International Congress of Industrialists and Entrepreneurs). In the previous years the Golden Steering Wheel Award was given to Martti Ahtisaari ( former President of Finland), Klaus Topfer (UNEP Executive Director), Klaus Schwab (President, World Economic Forum in Davos), Sadako Ogata ( UN High Commissioner for Refugees in 1991-2001), Vladimir Potanin (President, Interros Holding Company) and other prominent figures.

The awarding ceremonies take place in autumn during Peter the Great Assemblies. Among more than one thousand participants of this year’s Assembly were Governors of the RF regions, heads of major industrial enterprises from the whole of Russia, high executive officials of the state - ministers, members of the Federation Council, representatives of international organizations.

The Golden Steering Wheel award will be presented to Juan Somavia in February at the ILO Headquarters in Geneva.