By Adedapo Adesanya
Stanbic IBTC Holdings Plc stepped up its Corporate Social Responsibility (CSR) last year through its Corporate Social Investment (CSI) by expanding the scope of its flagship activity, Together4Limb.
During the year, the programme, which entered its fifth edition, reached out to more beneficiaries, about 10, which is the highest number since the initative commenced in 2015.
According to the Chief Executive Officer (CEO) of Stanbic IBTC Bank, Mr Demola Sogunle, the increase commemorated with the 30th anniversary of the financial group.
He also explained that the bank’s CSI initiative involves its employees taking the lead by pitching and donating from their personal funds to support the execution of several projects. The bank then matches their contributions and together they execute projects that benefit the society.
Through this, the CSI has been able to support in the areas of health, education and economic empowerment for the last five years in Nigeria.
In the health aspect of the initiative, with organisation came up with Together4ALimb Walk, an initiative the company provides prosthetic limbs to children from underserved communities suffering from limb loss and other orthopedic issues.
At the education investment extension, each beneficiary in 2019 was awarded an Educational Trust worth N1.5 million to enable them further their education with ease.
The CSI project also renovated schools and health centres/hospitals and donated items such as computers, sewing machines, wheelchairs, crutches, clippers, toiletries, food items and medical equipment, among others.
Some of the touched communities also got fully functional borehole projects with overhead tanks and some teachers got paid their salary for one year.
Stanbic IBTC Holdings PLC reiterated its commitment towards contributing to Nigeria’s socio-economic development and to help the nation move forward. The firm said that it will continue on its path to foster community-based partnerships, while encouraging its employees to participate voluntarily in life-changing initiatives.
more recommended stories
Kwara Equips Civil Service With Computers, Others
By Modupe Gbadeyanka Some computers, printers.
Now that the Strategy has Changed
By Okechukwu Keshi Ukegbu Even in.
Enugu DisCo Stops Cash Payment for Bills Above N3,000
By Adedapo Adesanya The management of.
Lagos SCID to Commission 300-Seater Lecture Theatre, Office Complex
By Adedapo Adesanya The State Criminal.
Emergence of Uzodinma Good Omen for Imolites—SERG
The South East Revival Group (SERG).
Entrepreneurs Create 85% of Jobs in Nigeria—US
By Adedapo Adesanya The United States.
Rabiu, Sanni, Elumelu, Others for Africa CEO Forum 2020
By Modupe Gbadeyanka Many prominent figures.
Wheelbarrows Not Shared for Empowerment in Enugu—Group
By Modupe Gbadeyanka A group known.