BCG

abbreviation

1. bacille Calmette-Guérin (antituberculosis vaccine)

Example Sentences

Amyn Merchant replaces Adam Farber in overseeing risk functions across the firm—three months after Farber and another senior partner stepped down from leadership roles over the firm’s involvement in the widely criticized Gaza initiative, BCG said Tuesday.

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In recent weeks, BCG has formalized guidelines on how it will work with humanitarian groups going forward and set some restrictions on work in active conflict zones.

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“We are learning from the missteps that have happened,” BCG CEO Christoph Schweizer said in an interview with The Wall Street Journal.

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BCG last fall took on what was then a pro-bono project to help solve food-supply challenges in Gaza and ultimately led to the establishment of the Gaza Humanitarian Foundation.

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Hundreds of Palestinians seeking supplies from the initiative were subsequently killed after troops fired toward crowds near the aid-distribution sites, according to local health authorities, and the Gaza work has spiraled into the most significant crisis in BCG’s roughly six-decade history.

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