Yunus Social Business Statement on Professor Muhammad Yunus' New Role

Official Statement by Yunus Social Business Global 

We, at Yunus Social Business, congratulate our Co-Founder and the driving force behind YSB, Professor Muhammad Yunus, and extend our wishes for best success in his efforts to ensure that the values of inclusion and equity prevail for the people of Bangladesh. In this period of significant change in Bangladesh, we acknowledge the essential and influential role of Professor Yunus, whose leadership and dedication to the principles of social justice and economic development are widely respected. Professor Muhammad Yunus continues to play a central role in promoting peace and stability, particularly in times of uncertainty.

At Yunus Social Business we are proud to see our co-founder step up into this new vital role to support the people of his country, while we will continue to dedicate our efforts to implementing the principles of Three Zeros across the world. We thrive in creating concrete initiatives alongside our many partners and will continue to focus our work on generating social impact at scale with full transparency and integrity. As an apolitical organization we intend to continuously drive meaningful change in the global communities we serve.

We are committed to solving global challenges while working in close collaboration with our partners and clients to build a fairer and more prosperous future for all. We deeply value and appreciate your continued support and collaboration, and remain available for any further clarification.

Sincerely, YSB Team

Background information on recent developments and YSB

Yunus Social Business reaffirms its unwavering commitment to building a fairer, more balanced, and inclusive world. Grounded in the principles of the Three Zero World: Zero Poverty, Zero Unemployment, and Zero Net Carbon Emissions, our organization is dedicated to transforming social challenges into opportunities for positive impact through social businesses, impact funds management, and strategic corporate partnerships.

In recent years, Professor Muhammad Yunus, a central figure in YSB and known for his pioneering work in microcredit, has faced a series of political and legal challenges in Bangladesh. Since 2008, the government of former Prime Minister Sheikh Hasina has leveled unfounded and politically motivated accusations against Yunus in an attempt to undermine his credibility and influence. The combination of YSB's initiatives and Yunus's resilience in the face of these adversities underscores the power of social business in driving positive change, even in the midst of great challenges.

Yunus Social Business (YSB) was co-founded in 2011 by Nobel Peace Prize laureate Professor Muhammad Yunus, along with Saskia Bruysten and Sophie Eisemann, with the vision of harnessing the power of business to solve social and environmental problems. YSB operates through two main arms: Yunus Funds, which provides patient capital and support for social businesses in countries such as Brazil, Colombia, India, Kenya, and Uganda; and Yunus Corporate Innovation, which partners with corporations to integrate social business models into their operations. The organization's impact is driven by a global network of partners, funders, and social entrepreneurs dedicated to creating a world without poverty, unemployment, and with zero carbon emissions.

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