Cambodia Investment Review

Prudential Cambodia Announces Partnership Agreement with ACLEDA-Jardine Educational Foundation

Prudential Cambodia Announces Partnership Agreement with ACLEDA-Jardine Educational Foundation

Cambodia Investment Review

Prudential Cambodia is proud to announce its new partnership with ACLEDA Jardine Educational Foundation (AJF) aimed at supporting education in remote and impoverished villages in Cambodia. The signing ceremony took place on Thursday, February 9th, 2023, at ACLEDA Head Office, in the presence of key executives from both organizations.

As Cambodia’s largest insurer with over $200 million in assets under management, Prudential Cambodia is committed to making a positive impact in the communities it serves. The sponsorship agreement with ACLEDA Jardine Educational Foundation is a key part of this effort, reinforcing Prudential’s commitment to education and improving the lives of people in Cambodia.

Focus on educating Cambodia’s next generation

ACLEDA Jardine Educational Foundation was established in May 2017 and has since been operating social and humanitarian activities, with a focus on constructing primary school buildings in five provinces in Cambodia. The foundation plans to build three more primary schools in 2023, the ninth, ​and tenth and eleventh schools in Preah Vihear and Oddar Meanchey provinces, respectively.

Prudential Cambodia Announces Partnership Agreement with ACLEDA-Jardine Educational Foundation.

“At ACLEDA Bank, we recognize that education plays a critical role in driving economic growth and progress in Cambodia. Our partnership with Prudential Cambodia to support the ACLEDA Jardine Educational Foundation is a testament to our commitment to investing in the future of Cambodia through education.” – Dr. In Channy, President and Group Managing Director of ACLEDA Bank Plc. 

“Prudential Cambodia is honored to support the efforts of ACLEDA Jardine Educational Foundation in improving access to education in remote and impoverished villages. Education is the cornerstone of a better future, and we are committed to making a positive impact in the communities we serve,” said Sanjay Chakrabarty, CEO of Prudential Cambodia.

Prudential Cambodia and ACLEDA Bank partnership

The partnership between Prudential Cambodia and ACLEDA Bank, a decade long bancassurance, has had over 200,000 customers and approved over $14 million in claims as of December 2022. This highlights the effectiveness of the partnership in protecting Cambodian families and helping them progress. 2023 marks a significant milestone for the partnership as it reaches a decade of protecting and securing the financial futures of Cambodians.

Read more: A Decade of Protection: Prudential Cambodia and ACLEDA Bank Partnership Insurers Over 200,000 Customers and Approves more than $14 Million in Claims

“We are thrilled to partner with Prudential Cambodia on this important initiative. The support of Prudential Cambodia will help us in our mission to provide at least a basic education to improve the quality of life of children in remote and impoverished villages in Cambodia,” said Dr. Visoth Prom, Chairman of ACLEDA Jardine Educational Foundation.

Prudential is celebrating 175 years of providing life, health insurance, and asset management worldwide and is committed to developing the financial markets and supporting key infrastructure projects where we operate including Cambodia. Prudential Cambodia in particular is proud to be a part of the effort to build a brighter future for the people of Cambodia through education and financial security.

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