Staff writer Eunice Nisbett
Bridgetown, Barbados, April 4th, 2012- CIBC FirstCaribbean International Bank is firmly committed to supporting regional development through its contribution to the tertiary education of the region’s young people. Since 2003, the bank has sustained its partnership with the University of the West Indies by funding joint initiatives which support the development of the UWI and its students across the region.
Through its registered charitable foundation, the
Aldin Crump Jr. a student in Accounting and Finance receiving his 2012 CIBC FirstCaribbean scholarship award from Mr. Mark St. Hill, Director, International Banking.
FirstCaribbean International Comtrust Foundation Ltd., the bank awards fifteen scholarships annually, each valued at US$2,500. The scholarships are awarded to undergraduate and graduate students, in any discipline, on any of the three campuses.
“The bank is keen to assist the UWI in ensuring that its graduates in banking, financial services and related areas are well-rounded individuals who are capable of taking their place as leaders in the Caribbean community,” commented chairman of the Comtrust Foundation, Mr. Michael Mansoor.
The scholarship winners were delighted to receive their awards from the bank, with many of them expressing heart-felt appreciation.
Douglas Brown, student in Meteorology and Physics receiving his 2012 CIBC FirstCaribbean scholarship award from Mr. Mark St. Hill, Director, International Banking
Commented Douglas Brown, a Jamaican national who is pursuing his Bachelor of Science degree in Meteorology and Physics, “In these rough economic times, it takes courage and goodwill to invest significantly in the lives of the youth. CIBC FirstCaribbean International Bank has demonstrated this courage and goodwill not once, but continuously by giving scholarships to deserving UWI students. This is very admirable and I would like to express my sincere gratitude to the bank for offering me this scholarship.”
Aldin Crump Jr., an Antiguan pursuing his Bachelor of Science degree in Accounting and Finance at Cave Hill echoed those sentiments: “I was both relieved and excited to learn that I had been chosen as a recipient for this scholarship. The financial support the bank has given, through this scholarship, will be of significant aid in securing my future in this field.”
Barbadian Kayla Brandon, a double major undergraduate student in Economics
Kayla Brandon, double major student in Economics and Accounting at Cave Hill receiving her 2012 CIBC FirstCaribbean scholarship award from Mr. Mark St. Hill, Director, International Banking
and Accounting at the Cave Hill Campus thanked the bank for providing her with one of these prestigious scholarships. She said: “I have chosen this career path, not only because of my love for this area of study, but through a desire to serve in this field at the highest level for the benefit of my country and the wider Caribbean region.”
The Comtrust Foundation is the governing body for the bank’s Corporate Social Responsibility initiatives. It ensures that 1 percent of the bank’s profits after tax annually is committed to important causes, which contribute to the social health of the Caribbean.
About CIBC FirstCaribbean
CIBC FirstCaribbean is the largest, regionally-listed bank in the English and Dutch speaking Caribbean serving over 500,000 accounts in 17 markets, through 3,400 staff, across 100 branches and offices. The bank offers a full range of market-leading financial services in: Corporate and Investment Banking, Treasury Sales and Trading, Retail Banking, Wealth Management, Small Business and Credit Cards.
CIBC FirstCaribbean is a member of the CIBC Group. CIBC (TSX, NYSE: CM) is a leading North American financial institution serving clients in Canada and around the world. Through its distinct business lines, CIBC Retail Markets and Wholesale Banking, CIBC provides a full range of products and services to almost 11 million individual, small business and commercial banking clients and meets the financial needs of corporate and institutional clients. CIBC is rated A+/Stable/A-1 by Standard & Poor’s.
For more information about CIBC FirstCaribbean, visit www.cibcfcib.com
Media contact:
Debra King, Director of Corporate Communications, CIBC FirstCaribbean, Barbados Head Office; telephone: 246 367 2248; fax: 246 421 7148 and email: [email protected].
