CfC Stanbic Bank Signs Ksh11m scholarship deal

CfC Stanbic Bank’s Chief Executive Greg Brackenridge handing over the scholarship cheque to Strathmore University Deputy Vice Chancellor for Research Dr. George Njenga. Witnessing the handover was Mrs. Mary Kita, Head of Human Resources, CfC Stanbic Bank(right) and Paul Ochieng, Dean of students, Strathmore University(left)

CfC Stanbic Bank has signed a Ksh11 million scholarship agreement with Strathmore University that will enable bright needy students pursue careers in finance and banking at the university.

The partnership was sealed at a signing ceremony at the university and was attended by CfC Stanbic Bank’s Chief Executive Greg Brackenridge and Strathmore University Deputy Vice Chancellor for Research Dr. George Njenga.

“A good education provides the best chance for a successful and prosperous life. We extremely pleased to be able to offer outstanding students, who are in need of financial aid, this outstanding opportunity to pursue a career in finance and banking,” said Mr Brackenridge while adding that the goal of the CfC Stanbic Bank Scholarship Fund is to nurture and create social transformational leaders who will act as change agents within their communities and play a part in nation building.

“As a bank, supporting education is one of the key pillars of our corporate social responsibility and we believe that through this programme, we will be able to provide the beneficiaries with a holistic education and impart them with the right skills, values and mind set aimed at making them responsible and accountable citizens of this country,” he added.

Dr. Njenga said added The scholarship collaboration will go a long way in helping the less fortunate and bright live their dreams.

“We are grateful to CfC Stanbic Bank for coming to the aid of some of our bright students who might have difficulty in meeting their financial needs. We look forward to working together in promoting this collaboration so as to benefit more students in the future,” said Dr. Njenga.

The scholarship which will run for four years and offered on an annual basis will cater for both tuition fees and accommodation for seven students and is open to all undergraduate students who meet the admission criteria, are academically outstanding and financially needy.