FIRST BANK GHANA DONATES TO CSIR SCIENCE FOR IMPACT FUND (CSIF)
CSIR DOF, DOA, CSIF CHAIRMAN, CSIR Director-General receiving cheque on behalf of CSIR which was made by Mr. Semiu Lamidi, the Executive Director and Chief Financial Officer on behalf of the management and staff of the Bank.
First Bank Ltd has donated an amount of GHS 50,000.00 to the CSIR Science for Impact Fund (CSIF). The donation was made by Mr. Semiu Lamidi, the Executive Director and Chief Financial Officer on behalf of the management and staff of the Bank.
Speaking at the donation ceremony, Mr. Lamidi appealed to public and private sectors to lend their support towards the fund as this, he believes, will address economic challenges. ‘We believe so strongly that if we can transfer the outcomes of research into practice, the economy will evolve, especially the SMEs’ he stated.
He commended the entire staff of CSIR for voluntarily donating 1% of their basic salary towards the fund and described the gesture as a commendable demonstration of leadership.
For his part, Prof. Mike Atweneboana, Director for CSIR-Water Research Institute and Chairman of the CSIF committee, on behalf of the management and staff of the Council, expressed his gratitude to the bank for their grand display of support. He stressed that one of the fund’s primary objective is to leverage existing technologies to support the Corporate Social Responsibility (CSR) initiatives of Ghanaian industries.
He explained that the monies are not only intended for research but to ensure that communities that are under resourced also benefit from the science through technology transfer. “We are looking at communities that are less endowed and we will see how we can use our technologies to improve them” he emphasized.
Prof. Mike Atweneboana, Chairman of the CSIF delivering his address
About the Fund:
The CSIF is an endowment fund set up by Council for Scientific and Industrial Research to mobilize financial resources to undertake innovative, demand-driven research to drive community and industry development.
The CSIF seeks to raise $20 million to advance research and develop technologies that support socio-economic progress. The fund’s tagline "Supporting Science, Transforming Communities," is to encourage and elicit support from individuals, industry, organizations to join hands and push forward scientific advancement that will better serve the communities within which it operates.
About First Bank Ghana:
FirstBank Ghana Limited is committed to delivering the gold standard of value and excellence to our customers and always putting their needs first with the provision of sound financial knowledge, first class service and customer experience.
Source: Corporate Affairs Division
☎: +233-302-777651-4
