New Group to Galvanize Business Role in Combating AIDS, TB and Malaria

Wednesday, May 4, 2005


Global Business Coalition on HIV/AIDS (GBC) Appointed Private Sector Focal Point for the Global Fund to Fight AIDS, TB and Malaria Board of Directors

Ambassador Richard Holbrooke, President and CEO of the Global Business Coalition on HIV/AIDS (GBC), the pre-eminent organization leading the business response to AIDS, announced today that GBC has been selected to represent the private sector as the official focal point for the Global Fund to Fight AIDS, TB and Malaria Board of Directors. GBC will replace the World Economic Forum in this role.
“We are honored to have been selected by companies from around the world to represent them in this critical role,” said Ambassador Richard Holbrooke, President and CEO of GBC. “Public/private partnerships can be a powerful tool in fighting AIDS, TB and Malaria, the deadliest diseases the world has ever faced. We look forward to working closely with the Global Fund and companies around the world in the year to come to identify innovative ways that their strengths can be used to fight these terrible diseases. AIDS is not only the greatest humanitarian crisis of our time. It represents a threat to economic growth and the success of individual companies around the world. Almost 200 companies are now members of GBC and in this new role we have the opportunity to find innovative ways to involve them in the work of the Global Fund.”
GBC’s new responsibilities as the official focal point for the private sector will help broaden the involvement of corporations in the work of the Global Fund in a variety of ways. Increasingly, businesses are co-investing in community projects, mobilizing employee giving, focusing their corporate philanthropy and using core business assets and expertise to fight the pandemic all over the world.
Release found here.

Source: Global Business Coalition