UBA Foundation, the corporate social responsibility (SCR) arm of the United Bank for Africa (UBA) Plc, weekend held the 2019 edition of its annual ‘Each One, Teach One initiative,’ by hosting what it described as huge impact day in Nigeria and across all its subsidiaries in Africa.
Business Hilights gathered that the Each One Teach One initiative is a strategic decision of the bank’s staff to join forces with the UBA Foundation’s activities by giving their time and skills to the communities around them.
Accordingly, thousands of UBA staff members across Africa voluntarily committed their time today to teaching youths various activities such as foreign languages, photography, tae kwon do, fashion design, martial arts, first aid, coking, hair dressing, mathematics, reading, music and much more.
All across the continent, staff of the pan- African bank were seen within their communities, teaching and assisting the less privileged, especially students and people living with disabilities.
In his remarks during the Impact Day in Lagos, the Executive Director, Lagos and West Bank, Marketing, Mr. Ayoku Liadi, who represented UBA’s Group Managing Director, and the Chairman of UBA Foundation, Mr. Kennedy Uzoka, expressed his excitement over the initiative, saying “As a corporate entity, UBA, through its Foundation has decided to give back as a family, starting by impacting knowledge and skills to students and participants.”
“Our goal with this initiative which is in its second year, is to help the under privileged and young children learn vocational skills that will assist them along the path to financial freedom as they start businesses of their own. We have therefore, created a platform to encourage people who have various skills and talents to pass this on to the younger generation.
He also seized the opportunity to give the participants a short lecture about financial literacy, noting that it is important for students to embrace the culture of being financially cautious from a tender age.
Continuing, he explained that “At UBA, we want students to inculcate the habit of savings, especially for the rainy day. It is important that you are cautious about the future, because nothing is guaranteed. Therefore ensure that you bear this in mind when you receive your pocket money and allowance no matter how little; because when you save today, it will go a long way to help you tomorrow,” Liadi told the students who filled the Onikan Youth Centre.
Students from Modupe Cole Memorial Childcare and Treatment Home; Standard Hallmark College, Mushin; Child Life-Line,Lagos and Moyin Rainbow Foundation, Lagos; were some of the students who participated at the event.
Earlier in her comments, the Chief Executive Officer, UBA Foundation, Mrs. Bola Atta, observed that it is aimed at helping to impact lives positively and in a very meaningful way. She added that the initiative, which was going on simultaneously in 20 countries across Africa, was being driven by UBA staff members who were very happy to give back to the society.
“At UBA Foundation, we are constantly being asked by other staff members how they can help. A lot of people are genuinely interested in doing good.
UBA, Africa’s global bank, is committed to being a socially responsible company and role model for all businesses in Africa. UBA recognises the need for a social contract between the bank, the community and its people.
The bank noted that UBA Foundation is committed to the socio-economic improvement of the communities in which the bank operates, focusing on development in the areas of Environment, Education, Economic Empowerment and Special Projects.