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Prudential Thailand donates 4.9 million baht to support four hospitals in the fight against Covid-19

Bangkok, Thailand, 10 November 2020 – Prudential Life Assurance (Thailand) Public Company Limited (“Prudential Thailand”) and Eastspring Investments, a leading Asia-based asset manager, have donated 4.9 million baht to four hospitals – Golden Jubilee Medical Center, Faculty of Medicine Siriraj Hospital of Mahidol University, Vajira Hospital, Hat Yai Hospital and Priest Hospital.

The donation will contribute to the construction of Airborne Infectious Isolation Room (AIIR) and Acute Respiratory Infection (ARI) Clinics in the four hospitals, providing medical treatment to patients with respiratory diseases, including Covid-19. Prudential Thailand is also donating 2,500 face shields made by its employees to help protect medical professionals and frontline health workers. 

The Golden Jubilee Medical Center is the first among the four hospitals to complete the construction. At the opening ceremony, senior leaders at Prudential Thailand including Mr. Robin Spencer - Chief Executive Officer, Khun Saipin Choaknumkij - Chief Government Relations Officer, Khun Pasalaree Theerasas - Chief Customer Officer, and representatives from Eastspring Investments, were welcomed by the executives of Golden Jubilee Medical Center including Assoc. Prof. Teera Kolladaruengkrai, MD, Managing Director, and Khun Somchai Dutsadeevettkul, MD, Vice Director.

The donation is part of the Prudential Covid-19 Relief Fund (“the Fund”) which provides financial support for Prudential’s communities and the volunteering efforts of its people in Asia, the US and Africa against Covid-19.

Robin Spencer, Chief Executive Officer of Prudential Thailand, said “We have been battling the Covid-19 pandemic since early 2020. Although the situation in Thailand is under control, thanks to effective regulations and measures as well as the continued cooperation from Thai people, we should maintain our vigilance and be prepared for the next potential wave of the pandemic. With our ‘We Do Health’ spirit, Prudential Thailand is committed to protecting the health and wellbeing of the Thai people through supporting the building of medical infrastructure and service units, and protecting frontline staff who are fighting against the pandemic. As a token of our appreciation and care, our employees have also teamed up to assemble face shields for frontline medical workers as part of our donation campaign.”

Adisorn Sermchaiwong, Managing Director of TMBAM Eastspring and Thananchart Fund Eastspring, the local asset managers of Eastspring Investments in Thailand, said “We believe that good wealth consists of two important elements – financial and health. When we are in good health, we would be able to enjoy better quality of life and be more productive at work. Our management teams and employees at TMBAM Eastspring and Thananchart Fund Eastspring fully support Prudential Thailand and the Golden Jubilee Medical Center in the construction of the ARI Clinic to provide medical treatments against respiratory diseases such as Covid-19. This helps improve the well-being of our people and facilitate the overall recovery of the Thai economy.”

Somchai Dutsadeevettkul, MD, Vice Director of Golden Jubilee Medical Center, Faculty of Medicine Siriraj Hospital of Mahidol University, said “On behalf of our staff and Thai people, I would like to express our sincere gratitude to Prudential Thailand and Eastspring Investments for realising the importance and helping build the ARI Clinic under Golden Jubilee Medical Center. The ARI Clinic is the key to treating patients with respiratory diseases, including Covid-19, and preventing medical personnel from possible infections while they perform their duties on the frontline. With the support from Prudential and the Prudence Foundation, our hospital will also be able to strengthen our capacity and capability in providing medical services to our patients. As a public hospital, we are not only strived to provide medical treatments to all of our patients, but to also make healthcare affordable and accessible, essentially to the lower income groups as part of the country’s renowned universal medical scheme.”

The treatment rooms at the other three hospitals – Vajira Hospital, Hat Yai Hospital and Priest Hospital – are currently under construction and due to be completed by December 2020.

About Prudential Thailand

Prudential has operated in Thailand for more than 24 years through Prudential Life Assurance (Thailand) Public Company Limited. Prudential serves more than 1.6 million customers in Thailand and manages more than Thai Baht 112 billion of assets on their behalf. In 2019 the Thailand business grew IFRS operating profits by 8 per cent to USD 170 million and Life Weighted Premium by 8 per cent to USD 619 million. (31 December 2019 figures).

 

About Eastspring Investments 

Eastspring Investments is a leading Asia-based asset manager that manages over USD 220 billion (as at 30 June 2020) of assets on behalf of institutional and retail clients. Operating in Asia since 1994, Eastspring Investments is the Asian asset management business of Prudential plc, an international financial services group, and has one of the widest footprints across the region*. We provide investment solutions across a broad range of asset classes including equities, fixed income, multi asset, quantitative strategies and alternatives and are committed to delivering high quality investment outcomes for our clients over the long term. Eastspring Investments is a signatory to the United Nations-supported Principles for Responsible Investment (PRI), a voluntary program which encourages best practice in environmental, social and corporate governance issues. For more information on Eastspring Investments, please visit: www.eastspring.com

*Eastspring Investments (excluding JV companies) companies are ultimately wholly-owned / indirect subsidiaries / associates of Prudential plc of the United Kingdom. Eastspring Investments companies (including JV's) and Prudential plc are not affiliated in any manner with Prudential Financial, Inc., a company whose principal place of business is in the United States of America.