CIBC FIRSTCARIBBEAN INTERNATIONAL BANK INVESTS IN 15 UWI SCHOLARS
Bridgetown, Barbados, April 4th, 2012- CIBC FirstCaribbean International Bank is firmly committed to supporting regional development through its contribution to the tertiary education of the region’s young people. Since 2003, the bank has sustained its partnership with the University of the West Indies by funding joint initiatives which support the development of the UWI and its students across the region.
Through its registered charitable foundation, the FirstCaribbean International Comtrust Foundation Ltd., the bank awards fifteen scholarships annually, each valued at US$2,500. The scholarships are awarded to undergraduate and graduate students, in any discipline, on any of the three campuses.
“The bank is keen to assist the UWI in ensuring that its graduates in banking, financial services and related areas are well-rounded individuals who are capable of taking their place as leaders in the Caribbean community,” commented chairman of the Comtrust Foundation, Mr. Michael Mansoor.
The scholarship winners were delighted to receive their awards from the bank, with many of them expressing heart-felt appreciation.
Commented Douglas Brown, a Jamaican national who is pursuing his Bachelor of Science degree in Meteorology and Physics, “In these rough economic times, it takes courage and goodwill to invest significantly in the lives of the youth. CIBC FirstCaribbean International Bank has demonstrated this courage and goodwill not once, but continuously by giving scholarships to deserving UWI students. This is very admirable and I would like to express my sincere gratitude to the bank for offering me this scholarship.”
Aldin Crump Jr., an Antiguan pursuing his Bachelor of Science degree in Accounting and Finance at Cave Hill echoed those sentiments: “I was both relieved and excited to learn that I had been chosen as a recipient for this scholarship. The financial support the bank has given, through this scholarship, will be of significant aid in securing my future in this field.”
Barbadian Kayla Brandon, a double major undergraduate student in Economics and Accounting at the Cave Hill Campus thanked the bank for providing her with one of these prestigious scholarships. She said: “I have chosen this career path, not only because of my love for this area of study, but through a desire to serve in this field at the highest level for the benefit of my country and the wider Caribbean region.”
The Comtrust Foundation is the governing body for the bank’s Corporate Social Responsibility initiatives. It ensures that 1 percent of the bank’s profits after tax annually is committed to important causes, which contribute to the social health of the Caribbean.