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Meaningful Award To Mastercard From UN World Food Programme

Ceyda Arınç
Ceyda Arınç
24/01/2017
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Within the scope of the campaign MasterCard continues to fight hunger in the past five years, Mastercard President and CEO Ajay Banga, received an award on January 18, at the traditional World Economic Forum Dinner. As a result of MasterCard’s support, people in need in the hunger fighting communities, can provide food with electronic coupons from local businesses and these coupons are passed to people with no access to financial services through mobile phones or cards. 
The Executive Director Cousin while handing the Prize, expressed his satisfaction with the Zero Hunger’ Project pursued in partnership with Mastercard and continued: ‘Under Ajay’s incredible leadership, Mastercard stands side by side with WFP and the people we serve, giving us access to their latest technology, vast network and generous staff to help us in our fight to achieve Zero Hunger. This is just the beginning; together we will keep innovating new global solutions to make sure that even those furthest behind have access to a diverse, nutrition-rich range of foods.’
In addition, as a result of the fund created with Mastercard business partnership with banks and retailers worldwide, 17 million children were presented the possibility of school food.
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The President and Chief Executive Officer of Mastercard, Banga said; ‘This award recognises the efforts of everyone at Mastercard and is representative of a new type of thinking that is transforming how the private sector can participate in humanitarian efforts,” Banga said. “At Mastercard we believe those efforts begin with the belief that business can be a force for good in the world and that when the public and private sector partner, we can be transformative, doing great things that make a meaningful difference.’
Fortune recently ranked Mastercard on its “Change the World” list, based on Mastercard’s work to help transform humanitarian aid for refugees and other vulnerable people. Mastercard has committed to reaching 500 million people previously excluded from financial services by 2020.
The award ceremony took place at the Global Goals Dinner for a Healthy Not Hungry World at the WFP tent in Davos.
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