SINGAPORE — SAP SE (NYSE: SAP) today announced Nobel Laureate Professor Muhammad Yunus, known as the “father of social business and microcredit,” will deliver an inspiring closing keynote session at the SAP Ariba Live event in Singapore.
The premier global procurement and supply chain conference, where companies come to connect to get business done and spend better, is set to take place August 20–22 at the Raffles City Convention Centre in Singapore. SAP Ariba Live will bring together buyers and suppliers across Southeast Asia to network and explore how intelligent spend management can help drive greater efficiencies, transparency and accountability for their pursuit of purpose along with doing good business.
Professor Yunus will close SAP Ariba Live in Singapore with his moving story of how he embraced the term “spend better” by using the power of investment to help change the world. Fueled by the belief that credit is a fundamental human right, Professor Yunus established the Grameen Bank in Bangladesh in 1983. His objective was to help poor people escape poverty by providing loans on suitable terms and teaching sound financial principles for them to successfully help themselves. By highlighting the power of community, the meaning of a truly global society and the role of business leaders in driving positive change, attendees can expect to leave SAP Ariba Live inspired to take action and make a difference.
Starting in the mid-1970s by making small loans — much of which was personally funded — to destitute basket weavers in Bangladesh, Grameen Bank has advanced to the forefront of a burgeoning world movement to eradicate poverty through microlending. In 2006, Professor Yunus and Grameen Bank were jointly awarded the Nobel Peace Prize. He is one of only seven individuals to have received the Nobel Peace Prize, the U.S. Presidential Medal of Freedom and the U.S. Congressional Gold Medal. In 2015, a Financial Times article entitled “Business Pioneers in Finance” placed Professor Yunus alongside Warren Buffett, Amadeo Giannini, Henry Kravis, J.P Morgan and Mayer Amschel Rothschild as one of the greatest business finance pioneers of all time.
SAP Ariba Live in Singapore will host a community of buyers, suppliers and partners to discuss using digital business networks and emerging technologies to drive efficiency and intelligence into spend management while advancing social initiatives.
For more information on this premier global commerce conference, visit www.aribalive.com.
Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP’s future financial results are discussed more fully in SAP’s filings with the U.S. Securities and Exchange Commission (“SEC”), including SAP’s most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
© 2019 SAP SE. All rights reserved.
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices.