I&M Bank strengthens commitment to social impact with two-year partnership with Nnaabagereka Fund

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I&M Bank strengthens commitment to social impact with two-year partnership with Nnaabagereka Fund

  • Posted by: adminssekalo

Kampala, Uganda, May 7, 2024 – I&M Bank Uganda reaffirmed its dedication to social impact and social responsibility, by joining forces with the Nnaabagereka Fund for the inaugural Queen’s Ball, held at the Kampala Serena Hotel on Thursday evening.

Hosted by Her Royal Highness, Nnaabagereka Sylvia Nagginda Luswata, in partnership with I&M Bank, the fundraising event aimed to shine a light on the mental health issues impacting youth, women and children in Uganda and to raise funds for organisations that are leading the charge in promoting mental health.

The bank committed to support the Nnabagereka Fund with a two-year sponsorship running from 2025 to 2026.

Speaking to media at the event, I&M Bank CEO Robin Bairstow said:

“Mental health is a critical issue affecting our communities, and I&M Bank remains dedicated to supporting initiatives that make a positive impact. We are honoured to play a part towards this noble cause, and we are delighted to witness the overwhelming support and success of the Queen’s Ball. The funds raised will go a long way in benefiting the youth, women, and vulnerable individuals in our community, providing them with essential support and resources.”

“As we continue to champion mental health awareness and support, let us stand together in solidarity, fostering hope, and creating a brighter future for all,” he added.

Her Royal Highness, Nnaabagereka Sylvia Nagginda Luswata, echoed this sentiment, emphasizing the importance of collective action in addressing social challenges.

“In a world where challenges and struggles are all too common, it is uplifting to see individuals and organisations come together to make a difference. And through collective actions and shared purpose, nothing can hinder us from building a brighter and more inclusive institution for all,” said the Nnaabagereka.

“The Nnaabagereka Fund and Endowment Fund shall provide financial support to organisations and initiatives that can focus on mental health awareness, education, advocacy and treatment. By doing so we hope to help and break down barriers, reduce stigma and promote mental wellbeing for all members of our community, ” she added.

The prestigious dinner saw a gathering of distinguished dignitaries, diplomats, Buganda Kingdom officials, entrepreneurs, and philanthropists, all dressed in bespoke attire, honouring the occasion with grace and style.

One of the key activities of the evening was the fundraising raffle, which offered guests a chance to win exciting prizes. Sam Ntulume, the I&M Bank Executive Director, claimed the first raffle prize; an air ticket from Rwanda Air.

Guests were treated to mesmerizing performances by Kenneth Mugabi and his soul stirring voice, adding a touch of entertainment to the evening.

The Nnabagereka Fund which aims to support mental health for youth, women and children in Uganda attained this achievement through the collective generosity of the guests, associates and partners. It continues to make strides in creating a brighter future for those affected by mental health issues in the country.

ENDS

NOTES TO EDITORS

ABOUT I&M BANK (Uganda) LIMITED

I&M Bank (Uganda) Limited launched its operations in Uganda on 08 November 2021 following the acquisition of Orient Bank. I&M Bank Uganda is part of I&M Group PLC. I&M Group PLC was incorporated on 16th August 1950 and is listed on the Nairobi Securities Exchange (NSE).

I&M Group is diversified with interests in Banking, Insurance, corporate finance advisory, real estate and has subsidiaries in Kenya, Rwanda, Uganda, Tanzania, and Mauritius.

The Group prides itself on its strong values and key strengths of innovative service and strong customer relationships and through these pillars the Group aspires to be “Eastern Africa’s Leading Financial Partner for Growth’’ by offering innovative and market driven banking solutions for its target segments. www.imbankgroup.com/ug

ABOUT I&M GROUP

I&M Group is a leading financial services group in East Africa, with a major presence in Banking, Insurance and Real Estate. The Group offers a full range of personal, business, and alternate banking channels through its presence in Kenya, Tanzania, Rwanda, Mauritius, and Uganda.

I&M Bank Kenya, I&M Holding’s flagship entity, was incorporated in the Republic of Kenya on 14th May 1974 under the name Investments & Mortgages Limited. I&M Group Plc operates in five countries – Kenya, Tanzania, Rwanda, Uganda and Mauritius through its subsidiaries, affiliates, and joint venture investments in each of these countries. Approximately 80% of I&M Holdings Plc’s asset value stems from our Kenyan operations with the largest entity by asset value being I&M Bank Limited.

Author: adminssekalo