Philam Group intensifies CSR efforts, builds 101 typhoon-resilient, fully-furnished classrooms
For 69 years, the Philam Group of companies’ philantropic activities have enriched the lives of Filipinos. “This year, we want to do more by pledging a portion of our annual income to ensure our CSR programs continue to expand its reach and enable us to reach more communities,” said Philam Life CEO Aibee Cantos. The Philam Foundation, the Philam Group’s CSR arm, has, in cooperation with the Department of Education, already built 101 classrooms in calamity-stricken areas around the country. These Philam Paaralan classrooms are typhoon-resilient, fully-furnished, and come complete with water sanitation and hygiene facilities.
The Philam Group, comprised of Philam Life, BPI-Philam, and Philam Asset Management Inc. (PAMI), has pooled their combined annual donation amounting to Php31 million. This amount will finance more Philam Paaralan classrooms and other noteworthy projects. A ceremonial check turnover from the Philam Group to the Philam Foundation (Philam Group’s CSR arm) was held during a media briefing, “Doing Good While Doing Well,” held at the last June 24, 2016 at the Tower Club, Philam Life Tower, Makati City.
Left to right: Nanjo L. Berba (President and CEO, PAMI), Max G. Ventura (President, Philam Foundation), Bro. Armin A. Luistro (Secretary, Department of Education), Aibee G. Cantos (CEO, Philam Life), Atty. Emmanuel F. Dooc (Insurance Commissioner), and Surendra Menon (CEO, BPI-Philam).
DepEd Secretary Armin A. Luistro, in a short message at the event, thanked the Philam Group for supporting the education sector. The DepEd has been working closely with the Philam Foundation in identifying schools that need new classrooms the most. Insurance Commissioner Emmanuel F. Dooc commended the Philam Group’s efforts to reach out and help marginalized sectors of the population.
“Given Philam Group’s strong financial position, we want to be able to ‘do good while doing well,’ and we are happy to create a sustainable contribution to the community through the Philam Paaralan programme,” Philam Life CEO Cantos said.
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