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Stanbic IBTC Urges Parents, Guardians To Secure Future Of Their Children, Wards

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Stanbic IBTC Urges Parents, Guardians To Secure Future Of Their Children, Wards

In its quest to foster educational development, Stanbic IBTC Trustees Limited, a subsidiary of Stanbic IBTC Holdings Plc, created the Stanbic IBTC “Education Trust” (SET) scheme.

SET is a convenient and flexible investment plan with long term benefits, designed to support  parents and guardians as they strive to provide quality education for their children and wards.

With the outbreak of COVID-19, the importance of preparing for unprecedented situations
cannot be overemphasised.

This investment plan helps parents and guardians prepare for rainy days to ensure their children and wards have access to excellent learning.

Parents and guardians are also able to nominate SET as a beneficiary for their insurance policies as this can help cushion the effect of a parent or guardian’s death or permanent disability on the education of the child or ward.

Speaking on the rationale behind SET, Charles Omoera, Chief Executive, Stanbic IBTC Trustee Limited, stated that the organisation understands the importance of quality education on
individuals and the country’s economic growth.

“We understand the major role quality education plays in laying a good foundation towards building future leaders. That is why at Stanbic IBTC, we encourage parents and guardians to
properly plan and invest in educational trusts like SET to avoid occurrences that might bring their children or wards’ education to a halt,” he said.

According to him, an education trust helps smoothen the rough financial edges when adverse circumstances occur and makes the attainment of family goals and aspirations seamless to
achieve.

One unique benefit of SET is that payments are effected directly to the institution of learning thereby ensuring there are no diversion of funds. He added that parents owe their children and wards quality education to help them unlock the unique opportunities that quality education offers.

“With smart investments, attaining a great future is more achievable for our child. Whether it is primary, secondary, tertiary or post-graduate education, parents and guardians now have an opportunity to make contributions
towards funding the education of their children and wards,” he added.

To open a Stanbic IBTC Education Trust for a child or ward, parents and guardians can contact Stanbic IBTC Trustees via email at SITLAgency@stanbicibtc.com or visit the website www.stanbicibtctrustees.com for more information.

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Ajagbe Adeyemi Teslim is the founder and publisher of Nigerian number one online platform known as August24news.com Ajagbe was born on the 24th of August 1983 into the family of Mr and Mrs Ajagbe who hail from Kwara state of Nigeria, Ajase-Ipo precisely. Ajagbe is a journalist, a blogger, a social media warrior, farmer, a YouTube and an ornithologist respectively.

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