Children's Wishing Well supports children and youth from disadvantaged backgrounds such as low-income families and broken homes by addressing their financial needs, education, and health concerns. They aim to build a strong foundation for the children to contribute as useful members of society and live fulfilling lives. They provide a wide range of services, including "Career GPS" which exposes students to different career options and encourage them to work towards their goals, through internship, job shadowing, and/or mentorship.
Mr Patrick Teow, Chief Executive Officer of AIA Singapore, said, "We are heartened to do our part for society and I am especially pleased that our corporate customers and business partners have come together for this meaningful purpose of raising funds for Children's Wishing Well. I know these much needed funds will be put to good use for nurturing the young, fulfilling their financial, education and health aspirations, giving them access to a brighter future. I am thankful for all the support to this worthy cause and look forward to our continual journey of helping Singaporeans live healthier, longer and better lives."
Mr Maurice Nhan, Board Chairman of Children's Wishing Well, said, "We are grateful for the strong support we've received from AIA Singapore to help children and youth with their financial, education and health needs. Through our shared values of promoting healthier and better living, we believe in empowering the children, and building a strong foundation for them to become useful members of society."
This fund-raising activity is part of a series of collaborations between AIA Singapore and Children's Wishing Well. Other activities included AIA Singapore's agency team hosting a carnival for the children to educate them about financial planning, as well as cooking hot meals for the children and their families.
Corporate social responsibility forms a core part of AIA Singapore's continuous commitment to supporting the community nationwide. With the support of our business partners and insurance representatives, AIA Singapore has raised more than S$800,000 through AIA Charity Golf over the 3 years since 2016, supporting causes close to our hearts, namely cancer, diabetes and now, children – all with the focus on our brand promise of helping Singaporeans to live healthier, longer and better lives.
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AIA Group Limited and its subsidiaries (collectively "AIA" or the "Group") comprise the largest independent publicly listed pan-Asian life insurance group. It has a presence in 18 markets in Asia-Pacific – wholly-owned branches and subsidiaries in Hong Kong, Thailand, Singapore, Malaysia, China, Korea, the Philippines, Australia, Indonesia, Taiwan, Vietnam, New Zealand, Macau, Brunei, Cambodia, a 97 per cent subsidiary in Sri Lanka, a 49 per cent joint venture in India and a representative office in Myanmar.
The business that is now AIA was first established in Shanghai almost a century ago. It is a market leader in the Asia-Pacific region (ex-Japan) based on life insurance premiums and holds leading positions across the majority of its markets. It had total assets of US$216 billion as of 30 November 2017.
AIA meets the long-term savings and protection needs of individuals by offering a range of products and services including life insurance, accident and health insurance and savings plans. The Group also provides employee benefits, credit life and pension services to corporate clients. Through an extensive network of agents, partners and employees across Asia-Pacific, AIA serves the holders of more than 30 million individual policies and over 16 million participating members of group insurance schemes.
AIA Group Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock code "1299" with American Depositary Receipts (Level 1) traded on the over-the-counter market (ticker symbol: "AAGIY").