Heritage Bank Commended on Financial Literacy Initiative by Lagos State Government

[vc_row][vc_column][vc_column_text]Heritage Bank Plc has been highly commended by the Lagos State Government on the bank’s financial literacy initiative aimed at driving financial inclusion of young persons in the country.

The commendation which came through the office of the Deputy Governor, Her Excellency, Dr. (Mrs.) Oluranti Adebule at the weekend referenced major components of the bank’s financial literacy initiative and entrepreneurial support which it had embarked on in its very short period of existence as a bank.

One of the specific areas the Deputy Governor referenced is the launch of a comic book, The Protectors by Heritage Bank last May, which the Managing Director of the emerging bank, Mr. Ifie Sekibo, had designated as Children’s Banking Month 2016 to drive financial inclusion among children, who he referred to as holding an important position in the destiny of our great nation, Nigeria.

Sekibo stated then that “Our theme for this year celebration is Taking the Early Lead and aligned with this is our financial literacy campaign geared towards equipping you with the requisite knowledge to make you a remarkable leader in future. This is also in keeping with the bank’s vision of creating, preserving and transferring wealth across generations.

In a letter of appreciation to the Managing Director of Heritage Bank, Dr. Adebule, who was represented at the comic book launch by the Permanent Secretary, Lagos State Ministry of Education, Mr. Adesina Odeyemi, stated that the launch of the financial literacy comic book for young persons by the bank recently, spoke volume about her (Heritage Bank) organizational abilities and the resolve to reposition the bank to capture young people through various initiatives, programmes, events and resource kits to increase awareness of the world of finance and the creation of wealth.

The Deputy Governor noted that your policy of equipping young people with the requisite financial skills to drive a vibrant economy as exemplified by the extension of financial literacy framework to primary and secondary schools pupils/students, university undergraduates, NYSC members in the past are very commendable.

She declared, you are surely on the right track and we urge you to remain steadfast in the pursuance of this laudable goal.

A statement from the Corporate Communications Department of the bank listed other components of the financial literacy and youth empowerment initiatives and collaboration as including the N3billion Central Bank of Nigeria Youth Innovative Entrepreneurship Development Programme (YIEDP) in which Heritage Bank is now the sole partner-bank with the CBN and the National Youth Service Corps (NYSC) with about 1500 NYSC and post-NYSC youth as  beneficiaries in the first phase; the launch of a N500 million Young Entrepreneurs and Students (YES) Grant in Lagos in partnership with the Nigerian Youth Professional Forum (NYPF) and  the  Young Entrepreneurship Business Training Programme (YEBTP) in which the bank collaborated with the Centre for Values in Leadership to empower young entrepreneurs and deepening financial inclusion in a 6-month programme that involved grooming, mentoring and financing about 100 aspiring and start-up entrepreneurs in the Ajegunle Community, Lagos State.[/vc_column_text][/vc_column][/vc_row]

Heritage Bank will increase wallet of business transactions with Lagos State Govt - George-Taylor
Akinola George-Taylor, Managing Director of Heritage Bank Plc, and his Team, paid courtesy visit yesterday to the Governor of Lagos, Babajide Olusola Sanwo-Olu, at the State House, Alausa yesterday.

The Managing Director of Heritage Bank, Akinola George-Taylor has disclosed that the bank would continue to increase the wallet of its business transactions with Lagos state government.  

He gave this assurance yesterday when he led a team of the bank on a courtesy visit to the Governor, Babajide Sanwo-Olu at the government house, Alausa, Ikeja.

George-Taylor commended Sanwo-Olu’s administration, whilst aligning with the great works in Lagos State.

“We are here to introduce ourselves as the new management of the Heritage Bank and being that we have had a relationship with the state (Lagos) for a number of years now, we felt it was necessary to come and present ourselves to the Governor; to say thanks for the business that we enjoyed with the government and that we align and commend the great work he is doing for Lagos State.

“And of course, as bankers, we want to try and increase our own size of the wallet of the business that we do with the government and to extend our best wishes to him and his government. It was a courtesy call to say thank you and wish him well in the next coming elections,” he said.

Speaking earlier, the Governor, Sanwo-Olu said his administration was poised to do more as it continued to play its roles in providing an enabling environment, improving the ease of doing business and being forward-looking in its dealings with financial institutions.

The governor also said that his administration will continue to ensure a mutually beneficial relationship with financial institutions in the State.

He said: “Lagos is the Centre of Excellence and the commercial, economic nerve centre, so we cannot but ensure that we have a very forward-looking mutually beneficial relationship with all of our financial institutions and of course, Heritage Bank is not an exception.

“I want to implore you and your team to be intentional and think something fresh; think something different that can indeed stimulate us. You can rest assured that we know how important it is to spread our businesses and to ensure that everybody gets a part of it knowing that you and your staff will also have a corporate responsibility on the Personal Income Tax component. It is expected that we will continue to play our roles and play our parts.”

Governor Sanwo-Olu congratulated the Managing Director and his new team on the huge and great responsibilities that shareholders and other stakeholders in Heritage Bank have reposed in them,” he said.