Stanbic IBTC Holdings has reiterated its commitment to quality education.
To this end, the bank is implementing ‘Adopt-A-School’ initiative driven by a commitment to corporate social investment and a vision for inclusive development.
The programme addresses infrastructure deficit plaguing many schools.
Adopt-a-School is structured according to Stanbic IBTC’s Social, Environmental, and Economic (SEE) framework, which aligns with its mission as a responsible corporate citizen.
By investing in education, the bank is creating conducive learning environments to nurture young minds and unlock their potential. Prioritising underserved areas and rural communities, primary and secondary schools were selected guided by a holistic assessment of factors as location, school size, needs, and input from educational authorities.
The spread includes schools in Borno, Akwa Ibom, Sokoto, and Ekiti, ensuring geo-political coverage and impact.
Chief Executive Officer of Stanbic IBTC, Dr Demola Sogunle, underscored the initiative’s strategic importance, saying: “Our commitment to adopting these schools reflects our dedication to implementing Environmental, Social, and Governance (ESG) strategies as part of our core business practices…”
Demola emphasised the initiative’s socio-economic benefits: “Education is a cornerstone for societal development. By adopting these schools, we are not only contributing to United Nations Sustainable Development Goal (SDG) 4 but also investing in these communities.”
He reiterated the bank’s commitment to responsible corporate citizenship. “Our goal is to make a positive impact on communities through our initiatives and enabling sustainable and thriving environments for generations to come.”
