Why We Funded PAU Project – FCMB Chief

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The Group Managing Director/Chief Executive of First City Monument Bank (FCMB) Limited, Ladi Balogun, has said the bank’s decision to donate a multi-purpose Students’ Centre to Pan-Atlantic University (PAU), was part of its strategies to invest in the future of the youth.

He added that the gesture was also in line with the commitment of the bank to effectively support initiatives that would enhance the standard of education in the country and the well-being of the society.

The FCMB Students’ Centre, located within the main campus of PAU at Ibeju-Lekki, along Lekki-Epe Expressway, Lagos, is a facility devoted to students’ recreation and socialisation.

In addition, it will be an important avenue for informal learning, which is an integral part of the university’s life. The building features two main areas-a cafeteria on the ground floor and a mini-mall on the first floor. In the mini-mall are-a supermarket, a boutique, an agency banking service, a unisex hair salon, a laundry shop and a coffee shop.

Speaking at the commissioning and hand-over ceremony of the centre at the weekend in Lagos, Mr. Balogun, said: “We felt the need to provide the students with a conducive environment that would facilitate learning, while at the same time serve as an avenue to socialise near their hostels through basic facilities for relaxation, shopping, retail and banking services.

‘’We will continue to invest in the future and by extension, Corporate Social Responsibility programmes.”

According to him, Lagos Business School (which is part of PAU) is the highest-ranked business school in Nigeria. “We believe that in a few years from now, thousands of students would be in this institution. It is our desire to continually partner the university to provide facilities that would ensure effective teaching and learning to engender manpower development,’’ he said.

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