AJE and IE Foundationpromote education for young people with talent

  • AJE has become an IE Foundation donor with the creation of an Excellence Scholarship for talented young people from Indonesia and Thailand
  • The agreement evidences AJE’s commitment to fostering talent in emerging economies

Madrid, September 25, 2013. Leading multinational beverage company AJE has signed an agreement with the IE Foundationto become a donor to the Foundation’s Excellence Scholarship Fund. The program supports young people with talent, providing them withaccess to a world-class education at a top-tier business school.

The agreement was the result of the efforts of Carlos Añaños, CEO and President of AJEfor Asia, and Rafael Puyol, Vice Presidentof the IE Foundation. AJE’s donation will be added to those of students, alumni and other business organizationsto form part of a joint effort to promote education.

Both Carlos Añaños and Rafael Pujol underscored the importance of joining forces to identify and develop projects that foster collaboration between businesses and centers of education. They also talked about the importance of countries like Thailand and Indonesia in AJE’s search for talent, given the company’s strong presence in the two countries as it continues to expand in Asia.

Diego del Alcazar, President of IE talked about IE University’s mission to foster the development of talent at a global level, through IE Foundation.“The agreement we now have with AJE to award two scholarships in Thailand/Indonesia is a very important step forward, not only because of AJE’s prestige and strength, but also because of the importance that Thailand/Indonesia holds for IE University.”

Carlos Añaños, President, Asia for AJE, added: “It is crucial for a successful multinational company like AJE to foster the development and education of highly-qualified professionals in Thailand/Indonesia, which is an important growth market for us. Only with local talent that has a strong understanding of the business environment and an excellent academic background can we achieve our ambitious goals for the region”.

About AJE

AJE is one of the largest multinational beverage companies, with presence in more than 20 countries in Latin America and Asia, and with 15,000 direct and indirect employees. Globally, AJE is the 10th largest soft drinks company in sales volume and the 4th largest producer of carbonated soft drinks (source: Euromonitor, 2011). With a strong commitment to "democratizing consumption," AJE reaches out to new consumer groups and provides them with access to high quality products at fair prices. In addition to its flagship brand, BIG Cola, AJE’s product portfolio is complemented with brands such as Cielo, Cifrut, Pulp, Sporade and Volt in the categories of water and juices, as well as hydrating and energy drinks. AJE’s vision is to be one of the top 20 multinational companies by the year 2020. For more information, pleasevisit:

About IE Foundation

The strategic priority of the IE Foundation is to facilitate the access of students worldwide with talent to a world-class education. The Foundation supports top-level research and the development of a prestigious academic institution like IE, as well as the social and cultural advancement of its community.

In order to achieve this the IE Foundation assigns some 5 million euros to scholarships for students of graduate postgraduate and doctoral programs. Said scholarships are funded using the Foundation’s own resources coupled with donations and contributions from individuals, alumni, businesses and institutions that share its social commitment and an appreciation of the value of quality education.

With this agreement AJE joins a growing number of firms and organizations that collaborate with the IE Foundation to help ensure maximum impact of our programs and projects aimed at furthering knowledge and social progress.

KatiKaskeala

CorporateCommunications Director / Directora de Comunicación Corporativa

AJE

Tel. +34 91 662 47 25

Igor Calo

Associate Director of Communications

IE Business School

Tel. +34 915688269x48269