CDH Investment Bank, in partnership with UNC Project Malawi, has invested a K15 million school block in Dzama area in Lilongwe.
The school block was officially launched during a ceremony held at Nafutsa Primary School in Lilongwe.
The event was graced by various stakeholders such as Judith Chiwoko, the Primary Education Advisor and Guest of Honor at the event, Senior Group Dzama, representatives and staff from UNC Projects Malawi, CDH Investment Bank, the school committee, contractors, and students from the school and community members from the surrounding areas.
Speaking at the colorful launch event, CDH Investment Bank’s Chief Business Development Officer, Benison Jambo shared that CDH Investment Bank is excited to contribute to Dzama’s story through the investment in the school block which falls under the Bank’s corporate social responsibility and ethos to help businesses and communities to grow.
“Our cordial relationship with UNC Project has allowed us to appreciate the good work the project is doing in provision of a variety of health care services that strengthen the health systems in Malawi and go beyond to create value with various corporate social initiatives such as the Dzama Educational Development Program which they operate. CDH Investment Bank makes deliberate efforts to join hands with the public and private sector in uplifting the education standards and is excited to give back to the community in partnership with UNC Projects,’’ he said.
According to Jambo, the bank has contributed to the nations education development efforts in a variety of ways over the years ranging from provision of learning materials (books), infrastructure (e.g. furniture and buildings), financial support to less privileged students through their institutions of learning and once-off merit awards to excellent performers in disciplines that have a potential of providing a future talent pool to the business.
In her speech, Chiwoko was quick to thank CDH Investment Bank for ‘creating value by investing in the school block that will improve access to education and help the students gain knowledge, empower the community and develop the nation.
Later, Senior Group Dzama sad the gesture deserves massive praise and expressed joy on having the school block constructed that develop the community.
Speaking on behalf of the school, the Headmaster, Malseni Kafundu showed gratitude to the UNC Project and CDH Investment Bank for the structure.
He said the facility will respond to the infrastructure challenges the school has and will go a long way in encouraging school attendance.
UNC Project Country Director Innocent Mofolo thanked CDH Investment Bank for its commitment to partnerships and supporting the projects corporate social responsibility.
He applauded the investment which is the largest UNC Project has received locally and that it is a testament of the commitment the bank has to development.
The Country Director and representatives from UNC Projects, Dzama Educational Development Program and the community were pleased with the investment that will help many children and support community development.
CDH Investment Bank opened for business on April 2, 2012, following the successful conversion from Continental Discount House Limited, which had operated in the financial sector for 14 years since August 1998.
The bank celebrated its tenth-year anniversary providing banking services in 2022 and is committed to providing banking innovations that help businesses, individuals and communities to grow.