NEW DELHI, June 20, 2013 (ANTARA/PRNewswire) -- The American Chamber of Commerce in India (AMCHAM India) and Herbalife, a global nutrition company, hosted a breakfast meeting with Madeleine K Albright, former U.S. Secretary of State and Chair of Albright Stonebridge Group and Des Walsh, President of Herbalife International.
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In her presentation, Secretary Albright discussed evolving governance trends and their impact on economic activity. She specifically highlighted the need for political and economic development to occur together -- noting that "governments have to deliver" for their constituents and need to focus on bolstering confidence in the institutions of democracy and the rule of law.
Secretary Albright underscored that the development of the middle class was crucial -- and a hallmark of a healthy democracy. The more that citizens participate in the decisions made by their government and in the development and diversification of their economy, the stronger the fabric of society is. India, she said, is a prime example -- not only the world's largest democracy, but one in which this important dynamic is expanding.
She cited Herbalife as offering a business model that is a "fascinating example of empowering people so that they are able to earn their own living, rise up to become the middle class, and ultimately have a greater stake in the governance of their own communities and country."
Des Walsh spoke about nutrition and the economy, and Herbalife's shared commitment to empowerment and how its independent distributors have an opportunity to lift themselves up to become the middle class and be part of a vibrant economy.
Madeleine K. Albright
Madeleine K. Albright is Chair of Albright Stonebridge Group, a global strategy firm, and Chair of Albright Capital Management LLC, an investment advisory firm focused on emerging markets. She was the 64th Secretary of State of the United States. On May 29, 2012, Dr. Albright received the Presidential Medal of Freedom, the nation's highest civilian honor, from President Obama.
In 1997, Dr. Albright was named the first female Secretary of State and became, at that time, the highest ranking woman in the history of the U.S. government. As Secretary of State, Dr. Albright reinforced America's alliances, advocated for democracy and human rights, and promoted American trade, business, labor, and environmental standards abroad. From 1993 to 1997, Dr. Albright served as the U.S. Permanent Representative to the United Nations and was a member of the President's Cabinet. From 1989 to 1992, she served as President of the Center for National Policy. Previously, she was a member of President Jimmy Carter's National Security Council and White House staff and served as Chief Legislative Assistant to U.S. Senator Edmund S. Muskie.
Dr. Albright is also currently a Professor in the Practice of Diplomacy at the Georgetown University School of Foreign Service. She chairs both the National Democratic Institute for International Affairs and the Pew Global Attitudes Project and serves as president of the Truman Scholarship Foundation.
Des Walsh
Des Walsh is responsible for the growth of Herbalife business by working closely with Distributors to achieve greater access and deeper penetration of Herbalife products throughout the world. Reporting to him are the managing directors of each of Herbalife's six regions, and he has overall responsibility for Distributor-facing functions throughout the world, including marketing, promotions, sponsorships, business methods support, events and Distributor communications.
Walsh joined the company in 2004 as senior vice president, worldwide Distributor sales, where he was responsible for sales strategy, business development, corporate events, worldwide promotions and Distributor services. Later, he became executive vice president of worldwide operations and sales, and had overall responsibility for the company's business operations in all Herbalife markets around the world.
Walsh has extensive international business experience gained during his 20-year career in sales, marketing and executive management.
About The American Chamber of Commerce India
The American Chamber of Commerce in India (AMCHAM - India) is an association of American business organizations operating in India. AMCHAM - India is accredited to the Chamber of Commerce of USA, Washington DC, U.S.A. (COCUSA). It is also a full member of the Asia Pacific Council of American Chambers of Commerce (APCAC). Established in 1992, AMCHAM has around 500 members. Companies of US origin make up about 95 percent of membership, the remaining being individual or honorary members. The incumbent U.S. Ambassador to India is the Honorary President of AMCHAM. AMCHAM enjoys a very close relationship with the US Embassy officials and receives tremendous support in fulfilling its objectives.
About Herbalife
Herbalife Ltd. (NYSE: HLF) is a global nutrition company that sells weight-management, nutrition, and personal care products intended to support a healthy lifestyle. Herbalife products are sold in more than 80 countries to and through a network of independent distributors. The company supports the Herbalife Family Foundation and its Casa Herbalife program to help bring good nutrition to children. Herbalife's website contains a significant amount of information about Herbalife, including financial and other information for investors at http://ir.Herbalife.com. The company encourages investors to visit its website from time to time, as information is updated and new information is posted.
For media enquiries, kindly contact:
American Chamber of Commerce in India
Anisha Kapoor
Project Lead
Tel: + 91-11-26525201/02
Email: anisha@amchamindia.com
Website: www.amchamindia.com
Herbalife Asia Pacific
Daliea Mohamad-Liauw
VP, Corporate Communications, Asia Pacific
Tel: +852-3589-2643
Email: dalieal@herbalife.com
Editor: PR Wire
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