In a groundbreaking convergence of global thought leaders and influential figures, the Alliance For Good (AFG) successfully hosted the Business and Philanthropy Forum 2023 in Singapore from November 9-10. The forum, a beacon of positive change, brought together the world’s most influential family business leaders and next-generation philanthropists under the banner of AFG’s “Asia Vision: Wealth and Purpose” initiative.
This initiative, unveiled during the event, serves as a rallying call for family businesses and family offices to become powerful forces for good. Over 500 business leaders pledged their commitment to engaging with nonprofit and social enterprise leaders in the upcoming year, signifying a significant step towards the fusion of wealth and philanthropy for a brighter future.
AFG’s vision for meaningful change
At the heart of the dynamic discussions during the Business and Philanthropy Forum 2023 lay the foundation of AFG’s visionary strategy—the “Asia Vision: Wealth and Purpose” initiative.This visionary project, unveiled with a sense of anticipation and eagerness, marked a transformative shift in the ethos of family businesses and family offices. The initiative’s profound impact resonated across the forum, sparking not just interest but a resounding commitment from over 500 business leaders.
Beyond the conventional realms of philanthropy, these leaders embraced the initiative as a catalyst for change, pledging more than financial support. Their commitment extended to a dedicated engagement with nonprofit and social enterprise leaders, promising a collaborative effort in the upcoming year to drive tangible and meaningful change.
As the forum unfolded, the resonance of AFG’s initiative reverberated in the impassioned remarks of prominent philanthropic figures. Benjamin Fok, Director of the Fok Ying Tung Foundation, and Stefan Messer, Chairman of the Supervisory Board of Messer Group, reiterated their commitment to a purpose-driven prosperity. Their expressions not only signaled dedication but also marked a transformative era where the integration of wealth and philanthropy assumes a central role, reshaping the narrative of family businesses and offices in societal well-being.
Navigating the intersection of AI, impact, and our future
A pivotal moment within the forum’s discourse unfolded during the keynote speech delivered by Guest-of-Honor Mrs. Josephine Teo, Minister for Communications and Information, Singapore. The theme, “Artificial Intelligence for the Public Good,” set the stage for an insightful exploration into the multifaceted intersection of AI, societal impact, and the trajectory of our collective future. Minister Teo’s speech not only shed light on the potential of AI but also stressed the necessity of responsible use and ethical considerations in deploying this transformative technology.
The resonance of the AI discussions extended beyond the keynote, with panel discussions delving into the profound implications of AI on family businesses and the broader business landscape. The forum became a crucible for dialogue, prompting leaders to navigate the delicate balance between technological progress and societal well-being. As discussions unfolded, it became clear that the forum not only provided a platform for sharing knowledge but also served as a call to action, challenging leaders to actively shape the future of AI for the betterment of society.
Alliance For good shaping a purpose-driven future
The Alliance For Good’s Business and Philanthropy Forum 2023 stands as a testament to the commitment of global leaders towards shaping a future where wealth seamlessly converges with purpose and welfare. The detailed discussions under the sub-heading “AFG’s ‘Asia Vision: Wealth and Purpose’ Initiative” showcase a collective pledge to move beyond traditional philanthropy, emphasizing active engagement and collaboration for meaningful change.
The examination of Artificial Intelligence within the theme “Navigating the Intersection of AI, Impact, and Our Future” underscores the forum’s dedication to tackling the challenges and opportunities posed by AI. As AFG looks towards the future, with the groundwork laid by the Next Generation Philanthropy Leaders Fellowship Program, the question remains: How will these collaborative efforts unfold, and what impact will they have on the world?
