Stanbic Bank
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Stanbic Bank

Sanlam earmarks Shs45m for top philanthropic initiatives

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Sanlam General Insurance Uganda in partnership with Rotary has launched the Sanlam Uganda Community Service Awards worth Shs45 million to be rewarded to top philanthropic initiatives that are making a difference in communities where they operate.

The money to be given to top three initiatives  is part of the Sanlam Uganda Inspire Initiative was announced today at a press conference held at the company’s head office on Clement Hill road in Kampala.

Gary Corbit, CEO of Sanlam General Insurance Uganda said that, by design, the project is intended to provide financial backing to three of the most outstanding projects that support the communities in which Sanlam operates. “The program is open to all Rotary Uganda clubs across the country to allow for clubs outside of the Central Business area in Kampala to be able to benefit,” he said.

“The top three project initiatives will receive service awards worth Shs45 million. The top initiative will receive Shs20 million and the second Shs15 million, while the second runner up will take home Shs10 million. We believe the award funds will go a long way in contributing to their project progress.”

Speaking at the launch, company Board Director Rose Lillian Lubwama said Sanlam is a corporate citizen through its Corporate Social Responsibility (CSR).

“Sanlam is devoted to conducting its business in a responsible manner, a position cascaded from the Group’s sustainability vision through corporate social investment,” she said.

“Through the Sanlam Uganda Inspire Initiative, we plan to do more in our market in and around transforming the lives of those around us through renewed and enhanced Corporate Social Investments with better outcomes than ever before. We’ll be working with partners like Rotary Uganda, the media and others who have displayed a great deal of positive social impact in their delivery of CSR,” Lubwama said.

The new awards aim to recognize and reward CSR projects in Uganda by Rotary Uganda clubs that have had a great and sustained impact on society.

Speaking at the launch, the Rotary District D9211 Governor, Francis Xavier Sentamu said that the awards are a perfect fit for the work Rotary members and clubs do.

“When Sanlam approached us with the idea, we gladly welcomed the opportunity and we are eager for the project to start,” he said, commending the Rotarians for their service in the community.

Entries for the awards are now open and will close on November 1, 2019 at 12:00 PM. As part of the selection process, Sanlam will identify, assess, select and award the top Rotary club projects as its contribution towards these clubs’ respective causes.

The top initiatives will be announced later in November 2019 and the winners will be awarded during their Club fellowships.

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