Libra CEO joins private sector participants in roundtable event with President Barack Obama
The Libra Group has today announced its participation as a partner in the White House call-to-action for private sector engagement on the global refugee crisis. There are more than 65 million displaced people in the world today, the highest number on record since the UN Refugee Agency (UNHCR) began collecting statistics. More than 21 million of these people have crossed international borders in search of safety and are registered as refugees.
Refugees are a valuable untapped resource and, if given the opportunity, can thrive and contribute wherever they reside. A crisis of this scale, however, requires more than government action. For this reason, the Libra Group is proud to join President Obama and other private sector organizations in marshalling a blend of expertise, resources and entrepreneurial spirit to help refugees regain control over their lives and integrate into their new communities. Libra Group Chairman and CEO, George Logothetis today joined other private sector leaders in support of the initiative at a roundtable event chaired by United States Secretary for Commerce, Penny Pritzker and attended by President Barack Obama at the United Nations Headquarters in New York City.
As an international business, Libra has a track record in working across diverse cultures, nationalities and settings. With a strong ethos of engaging with the local communities wherever it operates, Libra equally believes in making a difference and being a force for good. Founded by a family with Greek origins, the group has also been very active in helping Greece to overcome the extent of its economic crisis and hardship in recent years. The group’s Social Responsibility division represents a comprehensive series of managed programs and initiatives linked to the themes of community support and assisting people who have been denied or have limited opportunity.
Libra’s stated commitments to assist the global refugee crisis include:
- Computer, language, therapy and security support for displaced persons in transit or at risk
- Educational bursaries, scholarships and internship opportunities throughout Libra’s network of schools and colleges and across the 30 Libra global subsidiaries
- Partnership and ongoing funding commitments to international humanitarian aid organizations and charities with a specific focus on children, young families and migrants
- Facilitate and engage dialogue at the highest levels to promote the cause of refugees throughout the world, ensuring their plight is on world leader agendas with safety, education and employability as key intervention
“We at Libra are humbled and honored to be joining with President Obama, the White House and a number of businesses across the private sector to do something decisive about this terrible situation,” said George Logothetis, Chairman and CEO of the Libra Group. “The state of human suffering is devastating and the world has not seen anything like this since the Second World War. Today we commit ourselves and our energies to doing something positive in empowering refugees everywhere to bring personal triumph out of collective disaster through the dignity of work, education and meeting their basic human needs.”
Coinciding with this call-to-action at the UN, the sixth annual Concordia Summit concluded in New York City. Libra is the founding sponsor of this organization seeking to promote and build effective public-private partnerships around pressing global issues.