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UWI, CIBC extend MOU for three years

marciadottin, [email protected]

UWI, CIBC extend MOU for  three years

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A partnership forged 11 years ago between two leading regional entities has seen CIBC FirstCaribbean International Bank contributing more than US$1.425 million to the University of the West Indies.
The funds have gone to support the education of the region’s young people, with a special emphasis on development in areas such as research in banking and finance and issues affecting Caribbean entrepreneurship, and financial support for young people pursuing a course in higher education at one of the UWI’s three campuses.
This partnership was renewed for another three years when chief executive officer of CIBC FirstCaribbean and chairman of the ComTrust Foundation, Rik Parkhill and pro-vice-chancellor and principal of the University of the West Indies, Cave Hill Campus, Professor Sir Hilary Beckles, signed another memorandum of understanding (MOU) recently at the bank’s head office at Warrens, St Michael.
The ComTrust Foundation is the bank’s charitable foundation which was established to oversee its corporate giving programme throughout the Caribbean.
This is the fourth MOU between the two entities, the first being signed in 2003 in Jamaica. Through the current three-year MOU CIBC FirstCaribbean and UWI will collaborate across four areas. (PR)