Standard Bank director Alan Chinula donates his CSR retirement financial package of K10m to school in Mzimba

Chinula flanked by Tamanda Ng’ombe (left) and Head of Legal & Governance Nora Nsanja

* Standard Bank Plc has a corporate social responsibility (CSR) policy that allows retiring board members to choose a community project to benefit from its financial donations

* I did not hesitate to choose Milala in Inkosi Mbelwa’s area because of the passion I have for the school — where my education journey began before going to Mzuzu Govt Secondary, and later Law School

By Duncan Mlanjira

Senior Counsel (SC) Alan Chinula has chosen Milala Primary School in Mzimba to benefit from Standard Bank’s K10 million corporate social responsibility (CSR) donation, which is attached to a retiring Board Director.

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The seasoned lawyer, Chinula has retired from the Board of the Malawi Stock Exchange-listed bank after serving for 11 years and as part of its CSR policy, Standard Bank Plc allows retiring board members to choose a community project to benefit from its financial donations.

During the symbolic handover event, the retired director shared the motivation behind his selection of Milala School as a beneficiary of his CSI kitty from Standard Bank Plc, saying: “I did not hesitate to choose Milala in Inkosi Mbelwa’s area because of the passion I have for the school.

“It’s where my education journey began before going to Mzuzu Government Secondary School, and later Law school. I am giving back to Milala because of what the school gave to me.

He indicated that Milala is a school located close to where he grew up and did his Standard 6, 7, and 8: “I was genuinely encouraged by Standard Bank’s gesture to support the students and teachers at a school I hold dear.

“This donation is a token of my appreciation to the teachers that work there and an encouragement to the students of Milala,” said the Senior Counsel.

On the part of Standard Bank, Head of Brand & Marketing, Tamanda Ng’ombe said the donation reaffirms the bank’s commitment to continue contributing to the country’s economic growth by investing in the public education sector.

“We have a track record of supporting the country’s education sector for many years,” she said. “It is an honour to partner with him on this education initiative as he contributes towards improving the quality of education at Milala Full Primary School.

“Our partnership today is not only a testament of honourable stewardship by the retired Director but also aligns with Standard Bank’s purpose which is to Drive Malawi’s Growth,” Ng’ombe said.

She paid tribute to Chinula for his role during his tenure, saying: “Retired Director Chinula, SC, was a key pillar of our Board, and we are grateful for his leadership, oversight and contribution towards various committees and strategic decisions.”

Every year, Standard Bank Plc contributes 1% of its net profit towards initiatives that uplift communities and improve livelihoods for the socio-economic growth of Malawi — whose key beneficiary sectors are education, health, youth development and climate resilience.

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