Prudential Life Insurance scales-up investment in education

By Iddi
Yire, GNA

Winneba, C/R), Aug. 25, GNA – Prudential Life
Insurance Ghana Limited as part its corporate social responsibilities (CSR),
has scaled-up its investment in the nation’s educational sector; by awarding
scholarship to 555 senior high school students.

Mr Emmanuel Motobi Aryee, the Chief Executive
Officer of Prudential Life Insurance Ghana Ltd said the $541,080 scholarship
project which is being implemented by Plan International Ghana with funding
from his organisation, aims at providing support to 555 brilliant but needy
young girls and boys.

The beneficiary regions include Ashanti, Brong
Ahafo, Central, Eastern, Greater Accra, Volta and Western Regions.

The five-year project seeks to safe guard the
future of the beneficiaries and to give them an opportunity to pursue their
ambitions and aspirations in life.

Speaking to the Ghana News Agency in Winneba
on the sideline of the scholarship launch, Mr Aryee said to date Prudential
Life Insurance is already supporting 240 girls and 160 boys through high

He said the company as part of its CSR, works
with charity organisations and other institutions to help improve well-being by
investing communities in which they operate both through funding and through
the experience and expertise of their staff.

“In Ghana, we are focusing on education. We
operate the Cha Ching programme in partnership with Junior Achievement that
uses exciting aids to teach children between the ages of seven-12 about key
money concepts – ‘Earn, Save, Spend and Donate’ in the primary school setting,”
he said.

“The programme is designed to improve access
to information and activities that support the growing and critical need for
financial literacy among African youth,” he said.

He explained that so far, the programme had
been piloted in two schools and a total of 215 pupils had been taught by
Prudential Life Insurance Ghana volunteers.”

He said the company also operates the
Prudential Acturial Support System in partnership with the Kwame Nkrumah
University of Science and Technology, the University for Development Studies
and the University of Cape Coast.

According to him, the system provides bursary
awards to help high achieving actuarial science students in the universities
build careers in the insurance industry.

Prudential Life Insurance is one of the
world’s oldest and strongest life insurance companies and successfully launched
into the Ghanaian market in March 2014 with Prudential Ghana.

Prudential Life Insurance aims to change the
face of Ghana’s insurance industry with world-class products and services.


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