RM660,000 earmarked for Standard Chartered Paediatric AIDS Fund; alleviating burden of children across Malaysia
KUALA LUMPUR, 4 APRIL 2012 – As part of its global commitment towards eradicating the spread and growth of the HIV/AIDS epidemic, Standard Chartered Bank has once again stepped up to help children infected and affected by HIV with a financial relief of RM660,000.
Standard Chartered Bank Malaysia Berhad, the country’s first bank today pledged financial aid to the Standard Chartered Paediatric AIDS Fund (SCPAF) to support children made orphaned or vulnerable by AIDS across Malaysia. The programme was set up in collaboration with Malaysian AIDS Foundation (MAF) and the Bank’s foundation, Standard Chartered Trust Fund (SCTF).
At the signing ceremony, Mr Osman Morad, Managing Director and Chief Executive Officer (CEO) Standard Chartered Bank Malaysia Berhad who is also SCTF Chairman said, “HIV and AIDS remains one of the greatest challenges to global health. With 33 million people affected, the response to children living with HIV/AIDS does not come close to matching the enormity of their rapidly expanding plight. Millions of children made vulnerable to HIV struggle to survive and even obtain the daily necessities essential to a child’s development. In our determination to build a sustainable community and reduce the number of new infections, Standard Chartered is making a more immediate contribution to those suffering with the consequences of the disease. This gives progression to our work with the orphanages here in Malaysia and our continued support in providing financial relief to more children located nationwide. I’m pleased that we are working with MAF on yet another endeavour. Their dedication in responding to the epidemic mirrors our efforts in educating the community on and supporting children affected by HIV/AIDS.”
Echoing Morad, Professor Dr. Adeeba Kamarulzaman, Chairman of the Malaysian AIDS Foundation said, “Children are among the most vulnerable group as the deadly disease has put them at risk physically, emotionally and economically. Those infected with the virus – some undiagnosed and some unable to have access to treatments, resulted to many dying very young. Even those who are not infected by living in affected families, they often grapple with poverty issues and are denied necessities critical for the child’s physical, social or emotional well-being. Up to end December 2010, a total of 2,204 children from the age of 2 to 19 were infected with HIV, of which 486 were AIDS cases. This is where corporate citizens like Standard Chartered play a pivotal role in making a huge difference in the lives of these children through the SCPAF which will make a tremendous difference in relieving the families’ burden.”
Under the new agreement, 150 children below 13 years old from poor families will each receive RM200 a month to help with their medical treatment, education as well as basic expenses such as food and clothing. MAF will help identify and evaluate the eligibility of the children and households involved. Signing for Standard Chartered were Osman Morad, Managing Director and CEO & SCTF Chairman and Dato’ Lim Say Chong, one of SCTF Board of Trustees while MAF were represented by its Chairman Professor Dr. Adeeba Kamarulzaman and Datin Mina Cheah, Honorary Secretary and SCPAF Committee Chairman. The signing was witnessed by MAF’s Red Ribbon Celebrity Supporter, local songstress Dayang Nurfaizah who is an active champion of the HIV/AIDS cause.
SCPAF is one of the Bank’s initiatives to supporting the local communities in the area of improving children’s health; in addition to its global commitment to raising awareness on HIV and AIDS through its Living with HIV education programme. To date, the Bank has educated more than 1 million people on HIV and AIDS. More information on our community investment, visit www.standardchartered.com/sustainability.