Sovannaphum Life Assurance Plc’s management team conducted a corporate social responsibility activity on July 8, 2023 at Boreykamkor Primary School in Preah Sihanouk province.
Sovannaphum Life donated one million riel, office supplies and parasols to the school, as well as study materials for the 330 students and resources for the 12 teachers.
This purpose of this CSR activity by Sovannaphum Life is to supply study materials to poorer students, and provide extra resources for the school to better support students and encourage outstanding pupils.
Sovannaphum Life also provided office supplies and a budget to help ease the burden on the school management.
Currently protecting more than 220,000 customers across the country, Sovannaphum Life is a leading local life insurance company providing financial protection to Cambodian families.
It also contributes to supporting local communities – particularly Cambodian children – with its corporate social responsibility activities.
School Director Yim Puth said: “I’m delighted and very appreciative of Sovannaphum Life for contributing study materials, office supplies and a budget to the students and school.”
Loke Kah Meng, CEO of Sovannaphum Life, said: "I hope that the 1,000,000 riel donation, the 330 packs for every student and the 12 for the teachers at this school in Preah Sihanouk province will help ease the burden on the students, teachers and management.
"This corporate social responsibility activity aligns with Sovannaphum Life's position as the company with 'financial strength and trust' in line with its commitment of 'Here for You, Here for Cambodia'.”
About Sovannaphum Life
Sovannaphum Life Assurance Plc is a subsidiary of Canadia Investment Holdings (CIH) with total assets of more than US$8.8 billion and a legacy since 1991.
Sovannaphum Life, a life insurance company with financial strength and trust, has been recognised as "Fastest-Growing Life Insurance Company Cambodia" for four consecutive years – 2018, 2019, 2020, and 2021 – by the London, UK-based Global Banking and Finance Review.
It was also awarded Most Innovative Life Insurance Company Cambodia 2021 by International Business Magazine, which is headquartered in the UAE.