The State Insurance Company Limited (SIC) has donated an amount of fifty thousand Ghana Cedis (GH¢ 50,000.00) to the College of Health Sciences (CHS) as part of a support fund in building a College Complex.

Professor W. O. Ellis, Vice-Chancellor of Kwame Nkrumah University of Science and Technology (KNUST) who received the donation, said the CHS sent a proposal to SIC three years ago, seeking financial aid in putting up a College Complex.

Professor Ellis said KNUST has enjoyed a very warm relationship with the SIC over the years. He said the donation towards the Building Complex was an indication of closer collaborations in future. He further appealed to other organisations to emulate the kind gesture of SIC by supporting infrastructural development in tertiary institutions in Ghana. Professor Ellis emphasized the need for organisations to fulfill their social responsibilities by supporting tertiary education since it was expensive.

Mrs. Lydia L. Bawa, Area Manager of SIC, Kumasi said that SIC had been a market leader in the Insurance Industry for the past fifty years. She said her company had been in close working relationship with KNUST for over thirty years. She stated that throughout these years, KNUST had been loyal to SIC and the relationship that exists between the two Institutions has been cordial.

Mrs. Bawa mentioned that the SIC decided to support the CHS when they submitted a proposal for funding to construct a Complex as part of its social responsibility. She then presented a cheque of fifty thousand (GH¢ 50,000.00) Ghana Cedis to the Vice-Chancellor, who received it on behalf of the CHS. She explained that the amount was the first installment of a four hundred and fifty thousand (450,000.00) cedi support fund to be paid over a three-year period.

The Area Manager expressed the hope that the donation would further cement the cordial relationship already existing between SIC and KNUST.

Professor Peter Donkor, the Pro Vice-Chancellor, said that the decision by SIC to contribute to this infrastructural development would be beneficial to both Institutions in the long term. He explained that the building would help train more professionals to handle the health needs of Ghanaians which would indirectly minimize the company’s losses resulting from the deaths of clients.

Also present were Miss Joyce Adu, Corporate Affairs Manager of SIC, Accra; Mrs. Sarah Agyemang, SIC, Kumasi; Mrs. Dzifa Kwawukume, Deputy Area Manager, SIC, Kumasi; Professor Agbenyegah, Provost of the CHS; Mr. Mensah Bonsu, the Finance Officer; Deans and Heads of Department of the CHS.