Welcome Banner

Business

Insurance Company takes CSR to students

Sovereign Trust Insurance Plc has expressed its commitment to corporate social responsibility by giving out bags and other educational items to a primary school in Victoria Island, Lagos State.

According to a statement, this initiative was to commemorate the celebration of the Children’s Day recently.

The Managing Director and Chief Executive Officer, Sovereign Trust Insurance Plc, Mr. Olaotan Soyinka, reiterated the commitment of the firm to giving back to the society whenever the opportunity presented itself.

“The organisation will from time to time identify and implement initiatives that will positively impact upon the lives of Nigerians at every level of the society without recourse to religious, gender or ethnic biases,” he stated.

Soyinka stated that the company was a wholly-owned Nigerian insurance firm that was interested in the welfare and the aspirations of every Nigerian, both at home and in the Diaspora.

He appealed to the public to embrace insurance as it remained the only business established to ensure wealth creation and preservation of assets and human lives.

The Head, Corporate Communications & Brand Management, Sovereign Trust Insurance, Segun Bankole, stated that the initiative was aimed at promoting academic excellence and good behavioural conduct among pupils in public primary schools in the country.

Bankole stated that the donation would go beyond the Children’s Day celebration as the company intends to make it an ongoing one in other locations where it had business presence.

Part of the criteria set for determining the recipients, according to him, are the best pupils in all arms of the classes (male and female) in Mathematics and English Language; most punctual pupil in the school; best behaved boy and girl; and most improved pupil in the school in the male and female categories.

 

Source: Punch

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Business

Gulf Cooperation Council insurers’ product portfolios including motor, general accident and fire, marine and aviation, and life and health show positive growth prospects, but...

World

The device protection plan covers liquid and screen damage. The cost of the plan depends on the price of the phone purchased.

Business

As the National Insurance Commission (NAICOM) is empowered by law to enforce Code of Ethics for insurance operators, the commission has threatened to criminalise...

Politics

Ebere Nwoji IFC, International Finance Corporation (IFC) , a member of the World Bank Group, has announced a grant of N3.8 billion ( $20...