Thank you all for your replies and please do keep them coming. It keeps us low time CPLs inspired in the hope that one day, we will be presented with an airline pilot uniform too, complete with stripes and wings, albeit, without the fanfare and ceremony that I had expected.
Yes, it's true that pilot schools have these presentation ceremonies for new graduates of CPLs, PPLs, first solo etc so that's why I thought it may have happened in the airlines too. It doesn't seem the case, but no worries either way.