FCMB invests in child health care, backs innovative learning

The First City Monument Bank (FCMB) has equipped the newly constructed e-classroom of the Institute of Child Health (ICH) of the University of Ibadan (UI) to safeguard children’s health care through research, training and services in a post-pandemic world.

Speaking at the handover ceremony, the Group Head, Corporate Affairs of FCMB, Mr. Diran Olojo, said, “we have created a platform for borderless learning and collaborative teaching. It is different from a conventional classroom and will greatly benefit the Institute of Child Health students and faculty. They now have access to real-time information about child health care trends from other parts of the world.”

Mr. Olojo affirmed the bank’s commitment to championing and executing projects that would rapidly improve the country’s health care index. “Our decision at FCMB to fund the facilities in this e-classroom, following its successful construction, aligns with our philosophy and commitment towards boosting human capacity in line with our Corporate Social Responsibility (CSR) initiatives. In addition, it supports the fierce urgency required to deliver on Sustainable Development Goals three and four: Good health and well-being, and quality education”.

Also speaking, the Acting Vice-Chancellor of the University of Ibadan, Professor Adebola Ekanola, commended FCMB for its various impact investments in the institution. He expressed his gratitude to the bank for consistently supporting the University of Ibadan and helping it to sustain access to inclusive and quality education, which changes lives and society.

According to Professor Ekanola, the facility donated by the bank has firmly planted the Institute of Child Health of the College of Medicine in the new era of e-Teaching and e-Learning. He affirmed the university’s commitment to building virtual and physical infrastructure to provide unique education pathways for students.  The Professor urged leading Nigerian corporations to emulate First City Monument Bank’s commitment to good health, well-being, and quality education.

In January, a multi-billion-naira Otunba Tunwase National Paediatric Centre in Ijebu-Ode, Ogun State, was handed over as a total gift to the University of Ibadan and the University College Hospital Ibadan. The paediatric centre of excellence, modelled after the best children’s hospitals in the world, was built by the founder of FCMB, Otunba Olasubomi Balogun, to provide specialised care for infants and children.


FCMB’s financial intermediation efforts prioritise innovations in health care, agriculture, and education, among other areas that benefit society in line with its beyond profit purpose.

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