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Archive for the ‘Press Releases’ Category

Corporate philanthropy share stands 80% in Asia, Africa: Shams Lakha

Wednesday, April 23, 2014

Karachi: April 23, 2014 The aid flow of 80% to Asia and Africa came from bilateral and multilateral donors 20 years before with the private sector contribution constituting 20% but the ratio has completely reversed today with the private sector providing 80% of aid flows.

In his address at this year’s event in Washington, the Chairman of the Pakistan Centre for Philanthropy (PCP), Dr. Lakha highlighted the importance of philanthropy for nation building. He traced the roots of systemized philanthropy in Islam and enlightened the audience about the various ways in which Islam and other religions encourage and ordain philanthropy.

He stressed upon the importance of organized philanthropy for promoting social investment, formation of a strong civil society and in turn, a strong nation. He also observed that some of the most important events in world history were brought about by civil activism, highlighting its importance for development and progress. He stated that that civil society is the modern day engine of social and economic development around the world and that this engine runs on the fuel of philanthropy.

He shared with the audience examples of institutions from around the world that are putting into practice the Quranic values of social justice and equitable distribution of resources. He informed the audience, that according to a study by Aga Khan Development Network (AKDN), the resources generated from philanthropy of the people of Pakistan amounted to five times more than the foreign grants received in the year 1998. He stated that this led to the creation of the Pakistan Centre for Philanthropy which has a mandate to enhance the volume and effectiveness of philanthropy in the country. To date, PCP has played a significant role in promoting philanthropy, advocating for an enabling environment, overcome the trust deficit in CSOs through its evaluation and certification programme, and by generating knowledge in the area of its core mandate.

PCP’s ability to influence the creation of a more enabling environment for philanthropy and civil society is perhaps one of its most strategic contributions.

In his concluding remarks he said that economies in the developing world are growing at a faster pace than many industrialized countries, with corporate philanthropy playing a bigger role. For example, corporate philanthropy in Pakistan has increased 18 folds in the last eight years fuelling the civil society engine. This growth in the economy augers well for charitable giving by individuals and corporations and thereby support for civil society initiatives.

The World Congress of Muslim Philanthropists (WCMP) is a global network of affluent individuals, foundations, and socially responsible corporations established to advance efficient and accountable giving.

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Peak Freans Sooper Pakistan Open Tennis Championship commencing April 28

Saturday, April 26, 2014

Karachi, 26 April , 2014: Peek Freans Sooper, the market leader in the biscuit industry, is supporting the National Tennis Academy’s tennis championship titled ‘Peek Freans Sooper Pakistan Open Tennis Championship’ scheduled to be held from 28th April – 2nd May, 2014. The qualifying matches to shortlist players for this tournament were held on 25 – 26th April, 2014.

This is a national open tennis championship which includes the categories of Under-12, Under-14, Under-18, Men’s Singles, Women’s Singles and Men’s Doubles. Some of the participants are also members of the Pakistan Davis Cup Team and the National Team. Organized by Rashid Malik and the Punjab Lawn Tennis Association (PLTA), the tournament will be taking place in Bagh-e-Jinnah Punjab Tennis Academy, Lahore.
Speaking of this championship, Zulfiqar Ali Ansari, Head of Marketing at English Biscuit Manufacturers (Pvt.) Limited (EBM), the makers of Peek Freans Sooper said, “EBM has consistently supported sports in the country since its inception. Peek Freans Sooper, Pakistan’s favourite biscuit, is proud to be associated with an event of this stature. This tournament gives tennis players a chance to develop their skills, and learn from some of the veterans of Pakistani tennis. We are optimistic that this event will be a success and hope that it contributes towards the development of world-class tennis players to represent our country globally.”

EBM pioneered the concept of sports sponsorships in Pakistan by being the first corporate entity to sponsor live satellite telecasts of international sporting events such as Mohammed Ali’s now iconic boxing matches with George Foreman and Joe Frazier in 1974. EBM was also a partner in The World Football Cup that took place in Munich in 1973, and the 1973 Wimbledon Finals. EBM’s continued patronage of sports demonstrates its unrelenting enthusiasm for the promotion of sports and sportsmanship in Pakistan.

English Biscuit Manufacturers (Private) Limited was established in 1967 as the first manufacturer of wholesome, hygienic packaged biscuits in Pakistan. For over 45 years, EBM has been a symbol of trust and confidence for consumers, making it the leading biscuit manufacturer of Pakistan. EBM has an extremely diverse corporate social responsibility (CSR) portfolio, driven by a commitment to improving lives. With one of the largest CSR budgets amongst national and multi-national companies, EBM has made significant contributions in areas as diverse as health, education, community welfare, and sports-related causes.

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HBL pledges support of Football in Pakistan through Azad Foundation

Tuesday, April 29, 2014

  • MoU signed to endorse Street Children World Cup bronze medal winning Team Pakistan
  • Agreement underscores education & development for underprivileged children through the promotion of Football at grassroots level in Pakistan

Tuesday, 29th April 2014: HBL, Pakistan’s preeminent bank, signed a Memorandum of Understanding with Azad Foundation for the uplift of underprivileged children through the promotion of football at the grassroots level in Pakistan. This MoU underscores HBL’s pledge to support and enable the Street Children Team Pakistan to place Pakistan on the world’s football stage. HBL and Azad Foundation also celebrated the success of Team Pakistan for winning the bronze medal in the Street Children Football World Cup held in Rio de Janeiro, Brazil in March/April 2014.

Mr. Nauman K. Dar, President and CEO, HBL, and Mr. Naveed Hasan Khan, Chairman of the Management Committee, Azad Foundation, signed the agreement. Also present at the occasion were Mr. Aman Aziz Siddqiui – Head of Strategy, HBL, Group heads and other senior management of both the organizations.

Speaking at the occasion, Mr. Nauman K. Dar stated, “HBL is a national institution that considers its duty to ensure the inclusion of all segments of our society, by enabling their dreams. This understanding with Azad Foundation resonates not only HBL’s sports and communication strategy but also actually empitomizes HBL’s vision of enabling dreams. Our prayers are that these super stars present here today make Pakistan proud. HBL for its part will do the utmost to ensure that they have all the tools that they require to win more laurels and inspire the nation with their God-given talent and tremendous efforts. “

Mr. Naveed Hassan Khan said, “Azad Foundation was established to take children off the streets. Football is but one way in which we have managed to achieve this, by the grace of God. We are grateful that an organisation such as HBL believes in our mission. Mr. Aman Siddiqui added, “HBL’s vision of enabling dreams is a revolutionary idea whose day has come.”

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