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Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has reiterated its commitment to creating a positive impact within its host communities through its Corporate Social Investment (CSI) initiatives.

The organization has recently touched the lives of people in various communities where it operates through the donation of household items and the acquisition of skills, as well as the renovation and equipping of the hospital cafeteria.

Speaking during the commissioning of the renovated cafeteria at the Federal Neuro-Psychiatric Hospital, Yaba, Lagos; Mr. Remy Osuagwu, Executive Director, Personal and Business Banking (GDP), Stanbic IBTC Bank PLC, said the positively impacted communities where Stanbic IBTC operates is one of the organisation’s fevers.

Osuagwu noted that staff at Stanbic IBTC’s Personal Banking and Business department began renovating the café to ensure that hospitalized patients eat their meals in a hygienic and convenient environment.

According to him, the humane choice of the Federal Neuro-Psychiatric Hospital, Yaba, Lagos arose from the need to support the hospital, which plays a critical but often neglected role in the healthcare sector.

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Expressing her gratitude to the management and staff of Stanbic IBTC Bank PLC, Dr. Oluwayemi Ogun, Medical Director, Federal Neuro-Psychiatric Hospital, Yaba, explained that one of the ways the hospital is being assessed is the current state of its infrastructure.

She noted that Stanbic IBTC has provided a convenient environment where kitchen staff can work seamlessly in making nutritious meals available to patients.

Dr Ogun, however, called on other organizations to imitate the good work done by Stanbic IBTC in supporting Neuro-Psychiatric Hospitals across the country, noting that mental health is one of the most critical aspects of life.


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Earlier, the Enterprise Data Office department, Stanbic IBTC Holdings PLC and the staff of Stanbic IBTC Insurance Brokers Limited donated household items to St. Monica Orphanage, Iju-Ishaga and Heritage Homes llupeju, Lagos, respectively.

Stanbic Group Procurement and Group Real Estate IBTC also donated skills acquisition items and machinery to strengthen the Freedom Foundation in Lekki, Lagos.

Similarly, the Card Operations department donated food items, toiletries and household utensils to the House of Old Peoples, Yaba, Lagos.

Peter Ashaolu, Card Operations Manager, Stanbic IBTC Bank PLC, said one of the strategic management organizations is to give back to the community. According to him, the elderly and the less privileged in society should always be remembered and well cared for.

While appreciating Stanbic IBTC for the good gesture, Ms. Olufunmilayo Adekola, Vice Matron, Old People Home, Yaba, urged other kind-hearted Nigerians as well as corporate and non-profit organizations to always remember the poor and the less privileged.

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