Alexander Forbes is honoured to contribute to a multi-stakeholder effort to support the South African government in their efforts to eliminate violence against women and children. President Cyril Ramaphosa launched the fund on 4 February 2021.
The company has agreed to administer the GBVF Response Fund1 pro bono for 12 months. The company will also provide asset management and actuarial services where required. It will house contributions from the private sector and other organisations, which will be used to support projects aimed at eliminating all forms of violence against women and children.
Dawie de Villiers, Alexander Forbes CEO, said the company’s involvement was an easy decision to make because the company fully supports national efforts to confront the scourge of gender-based violence in South Africa. The company would continue to use its leading administration and asset management capabilities to make a meaningful difference to society.
This commitment forms part of Alexander Forbes’s broader transformation initiatives focused on women empowerment. Alexander Forbes is also one of 83 South African signatories to the United Nations Women’s Empowerment Principles.
De Villiers said Alexander Forbes has committed to administering the GBVF Response Fund1 based on the highest standards of transparency, integrity and governance to achieve the desired change.
“Alexander Forbes looks forward to a successful and fruitful future collaboration with all parties to end gender-based violence,” said de Villiers.