British Asian Trust Selects Mukesh Ambani as The Chair of India Advisory Council
Filed Under: Business | Posted: 02/12/2013 at 4:11AM
Comments | Region: India
Mukesh Ambani, one of the most revered business tycoon and the country’s richest man, has been appointed as the Chair of Indian Advisory Council of British Asian Trust (BAT). Founded in July 2007, the BAT was formed by a group of British Asian Leaders, spearheaded by HRH The Prince of Wales. Offering social funds to most needy sections of the society in countries like Bangladesh, India, Pakistan, Sri- Lanka, and the UK, it makes an effort to change the society for the better by leveraging funds and resources.
On the fifth anniversary of the British Asian Trust, at the gathering at the Windsor Castle, Prince Charles announced Mukesh Ambani’s selection at the Chair of Indian Advisory Council. Ambani, in a release stated that he felt privileged to work with an organization that pegs on genuine impact and sustainability. He also claimed that he was optimistic about their collective effort that they have infused would create a lasting and a big difference.
Catering to varied issues including child abuse, mental health and enhancing the role of illiterate rural women in the field of business for business, British Asian Trust has been able to create a difference in the life of millions of disadvantaged. They have collaborated with a number of South Asian NGOs and have been supporting around 12 charities, in order to offer optimal support to the cause. They segment their funding for trust charity partners in three areas including livelihoods, education, and health. Led by Chairman Manoj Badale, the Board of Trustees includes Asif Ragoonwala, Salman Mahdi, Chris Mathias, and Rajan Singh. Hitan Mehta serves as the Executive Director.
The Indian Advisory Board will lend a hand to the British Asian Trust by providing their country in-sight and enable them in the process of selecting their future projects.
Mukesh Ambani led Reliance industries Limited is known for his CSR activities wherein it is deemed to be an integral part of their corporate framework. Seeing philanthropy in a different light, he earlier claimed that one cannot try to do CSR in isolation and must not confuse it with charity. He stated that companies must not limit their philanthropic activities to contributing a fixed proportion of money to the society, and must bear in mind the Indian values that not only propagates charity but focus on enriching lives.