2011 Outstanding 50 Asian Americans in Business Award Honors Deven Sharma, President of Standard & Poor's

NEW YORK, June 13, 2011 /PRNewswire-USNewswire/ -- Deven Sharma, President of Standard & Poor's, will be presented "the Pinnacle Award", the highest honor of the evening, by the Asian American Business Development Center at its 10th annual Outstanding 50 Asian Americans in Business Award gala at the Waldorf=Astoria Hotel in New York City on June 16.

This year marks the 10th anniversary of the Gala &Ceremony of the Outstanding 50 Asian Americans in Business Award, which will also honor 45 other Asian Americans from California to New York, representing a variety of Asian ethnic backgrounds, including Chinese, Filipino, Korean, Japanese, Indian and Pakistani etc. It continues to be the only forum to highlight the achievements of Asian Americans across the United States. The award recipients represent a microcosm of the elite Asian American business owners, professionals and corporate executives who are engaged in a wide range of business interests.  The award committee identifies and selects individuals with outstanding leadership, vision and accomplishments who have built a successful business or who have distinguished themselves in their community.  The Pinnacle Award is given to a person who has reached the acme of his/her professional career and is widely acknowledged by his/her peers as a leader in the industry.

This Outstanding 50 Award will cumulatively have honored more than 450 successful Asian American women and men from multiple ethnic backgrounds, representing over 30 industries and professions. "The award not only honors individuals, but serves to encourage the development of talent and leadership of Asian Americans," said John Wang, president of AABDC.

About AABDC: The Asian American Business Development Center, Inc. (www.aabdc.com, AABDC, 80 Wall Street, Suite 418, New York) is a 501(c) (3) non-profit organization established in 1994. AABDC's mission is to assist Asian American businesses to strengthen their capacities to compete in the mainstream marketplace, to expand business opportunities and to promote greater recognition of Asian American businesses' contributions to the general economy. Over the years, AABDC has created a significant presence within the Asian American business community in the U.S., and following the global economy, has established a credible position as a middleman introducing business opportunities between China and New York.

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SOURCE Asian American Business Development Center