FDH bank set aside K150 million for scholarships in tertiary institutions, to support the education sector in the Malawi.

FDH Holdings Chief Executive Officer Dr Thomson Mpinganjira said that FDH bank entered into an agreement with  various educational institutions to motivate national growth. “These institutions are an integral component in shaping the future of this nation, and the bank feels privileged to have a rewarding working relationship with institutions of such standing,” said Mpinganjira.

The FDH Bank scholarship dubbed ‘FDH Cares Corporate Social Responsibility Education Scholarships’ will see the University of Malawi (UNIMA) getting K72million to cover for 16 students at Chancellor College and Polytechnic for a period of four years while Malawi University of Science and Technology (MUST) will get K64 million to cover for 12 students for a period of five years.

Chancellor College Registrar Mary Wasiri thanked FDH Bank for the support, as well as MUST Vice Chancellor Professor Address Malata, who remarked that FDH is supporting Sustainable Development Goals through girl child empowerment and education.

“I am studying medical microbiology; I look forward to developing HIV vaccine and medicines for the waterborne diseases that arise due to flooding in different parts of the country, Thanks to FDH Bank” said Precious Chigamba, one of the beneficiaries of the scholarships.