Stanbic IBTC Asset Management Offers Support to the Less Privileged

Stanbic IBTC Asset Management Limited, a subsidiary of Stanbic IBTC Holdings Plc, has donated the sum of N250,000 to Thoughtful House Foundation, a non-governmental organization, to support  the education and treatment of children with health challenges.

The donation is expected to support the activities of Thoughtful House Foundation, which, among others, is focused on providing education and therapy to children living with autism, create awareness for children and families, and wage a battle to beat autism in Nigeria and beyond.

Chief Executive, Stanbic IBTC Asset Management Limited (SIAML), Mrs. Bunmi Dayo-Olagunju, who presented the cheque to the body, described the gesture as the company’s way of supporting charitable causes and contributing positively to the wellbeing of children and youth, which will in turn facilitate a better future for Nigeria. Dayo-Olagunju reaffirmed SIAML’s continued support for Thoughtful House Foundation which the firm looks to sustain moving forward.

She said the donation represents an affirmation of the Stanbic IBTC Group’s efforts at making life better for the society, with focus on where the greatest good can be achieved.  “We are firm believers in social investment as a fundamental part of the environment where we conduct our business. Education, economic empowerment and healthcare are the key pillars of our corporate social investment and we feel really honoured to be lending a hand to societal good,” she stated.

As an institution in Nigeria for the long haul, Dayo-Olagunju said Stanbic IBTC will remain faithful to time-honoured tradition of giving back to the society, while supporting the country’s developmental aspirations.

On her part, Representative, Thoughtful House Foundation, Ms Omo Judith Ogun, who received the cheque on behalf of the body, expressed appreciation to Stanbic IBTC for its humane approach to social corporate responsibility and consistent support to the body. “We thank Stanbic IBTC Asset Management Limited for this exemplary gesture and a touching sense of corporate responsibility. We look towards consolidating this partnership going forward. It is without a doubt that this donation will go a long way in addressing one of the crucial needs of our mandate,” she stated.

Stanbic IBTC Asset Management Limited is a wholly-owned subsidiary of Stanbic IBTC Holdings Plc, while Stanbic IBTC Holdings Plc is part of the Standard Bank Group, Africa’s largest bank by assets and market capitalization. Standard Bank Group has been in operation for 153 years and has direct, on-the-ground representation in 20 African countries.  Stanbic IBTC Holdings Plc provides the full spectrum of financial services with a clear focus on three main business pillars – Corporate and Investment Banking, Personal and Business Banking and Wealth Management.