Sterling Bank supports art competition

NOVEMBER 7, 2014 BY AGENCY REPORT 

   

 

 

Sterling Bank Plc is set to reward three winners of its Art Competition, for which over 1,000 entries were received from aspiring young artists.

The prizes would be presented to the winners on November 8, 2014 in Lagos, the bank said in a statement.

The competition, which commenced in May 2014, was opened to children between the ages of five and 12 who were asked to come up with a drawing or a write-up on the bank of their dream.

The bank’s Group Head, Strategy and Communications, Mr. Shina Atilola, said the Managing Director and Chief Executive Officer of the bank, Mr. Yemi Adeola, would personally present the prize money to the top three winners, while seven others who made it to the last 10 would get consolation cash prizes.

“We introduced the project to encourage students to improve on innovation and critical thinking. We opened the project to students between ages five and 12. Basically, the kids are allowed to design and create the bank of their imagination which could be expressed as a painting, drawing, writing or through a presentation. The most creative ideas will be shortlisted for various prizes,” said Atilola.

According to him, the first, second and third prize winners will go home with scholarship awards of N500,000, N300,000 and N200,000, respectively; there will also be other cash awards and prizes.

“This initiative is aimed at identifying talents and harnessing them for global competitiveness,” he said.

Atilola, who further said that the bank would continue to invest in child education, especially in the area of financial literacy, noted that unless the private sector supported education in the country, the challenges facing the sector might continue to hamper its growth.

He stressed the need for institutions to promote financial literacy among students which would equip them with the ability to make informed financial decisions.

“Government is doing so much to develop the sector but we are not there yet; that is why the private sector must come in and invest in the education sector if we really want our children to get quality but cost effective education.”