FDH Bank Donates MK20 Million to Chilobwe Community College
In August 2017, FDH Bank donated information communication technology equipment worth MK20 million to Chilobwe Community Technical College.
Speaking at the handover ceremony, Kawawa Msapato, Head of Personal and Business Banking at FDH Bank, explained that the Malawian commercial bank has a keen focus on education as one of its corporate social responsibility investments. Mr Msapato said that education is a key driver in terms of national development, creating skills vital to grow the economy. Kawawa Msapato said that training provided by Chilobwe Community College will help provide the next generation of artisans with the technical skills required to benefit the nation.
Elliot Mulanje, Regional Service Centre Manager for the Technical, Entrepreneurial Vocational Education and Training Authority told the media that the equipment will provide vital support in capacity development initiatives at the centre, explaining that information communication technology has come to be one of the key components required in technical skill training. He said that the equipment will be used to train quality trainees to meet the needs of the market.
Lennox Mkomadzinja, Chilobwe Community College’s acting principal, said that the donation came as a relief to the learning institution, pointing out that it will go a long way in supporting training delivered by the college. The equipment donated, which included 21 computers, air conditioners, uninterruptible power supply and printers, will help 21st Century carpenters, plumbers and bricklayers, providing them with the information communication technology knowledge required to pursue careers in design and related vocations.
FDH Bank’s Corporate Social Responsibility Policy
FDH Bank is a homegrown financial institution that offers a variety of innovative digital banking solutions and services, including the ground-breaking FDH WhatsApp Banking, as well as FDH Mobile.
As a subsidiary of FDH Financial Holdings, FDH Bank adheres to a stringent corporate social responsibility policy.
FDH bank operates a robust corporate social responsibility portfolio designed to support socio-economic growth throughout Malawi, with a keen focus on education and health. Amongst a variety of corporate social responsibility projects implemented by the bank are ongoing scholarship sponsorships at MUST and UNIMA, catering for 26 students. In addition, FDH Bank has funded vital refurbishment works at the Queen Elizabeth Hospital Cancer HDU, as well as funding renovation and re-equipment at the Makwasa Paediatric HDU Unit.
Other corporate social responsibility initiatives delivered by FDH Bank include:
- Flood Relief efforts in four Malawian districts throughout 2020
- Donating a house and providing continued support to Marieta Samuel, a Dowa resident and victim of domestic violence.
- Sponsorship of ‘The Queens’ netball team
- Providing funding for the Netball Association of Malawi.
- Sponsorship of ‘The Flames’ football team
- Supporting sports development through the Mzuzu Mayors’ Trophy, the Lilongwe Mayors’ Trophy, the Zomba Mayors’ Trophy, and the Blantyre Mayor’s Trophy
- Providing funding for the Football Association of Malawi
FDH Bank and FDH Financial Holdings were founded by Dr Thomson Mpinganjira, one of the most prominent Malawian investors and entrepreneurs of his time. With a keen interest in philanthropy and corporate social responsibility, Thomson Mpinganjira devotes much of his time to inspiring the next generation of Malawian entrepreneurs and business leaders.