Mabalacat, Pampanga – Security Bank Foundation, the Corporate Social Responsibility (CSR) arm of Security Bank, awarded technical vocational scholarships to sixteen scholars in partnership with Don Bosco Academy Pampanga and the Bank’s industrial clients, Motech Automotive Educational Center, Inc. and Sambon P&E Philippines, Inc.
In its pursuit to provide better opportunities for underprivileged Filipino youth, the Security Bank Foundation, Inc. (SBFI) formalized a partnership with Security Bank clients Motech Automotive Educational Center and Sambon P&E Philippines, Inc., through the efforts of the Security Bank Clark-Angeles and San Fernando branch, to provide technical vocational scholarship for 16 students of Don Bosco Academy Pampanga. The memorandum of agreement signing and official awarding of scholarship to beneficiary students happened last March 25, 2022.
Under the partnership, Don Bosco Academy will shoulder the tuition fee cost for the 10-month in-center training of scholars to equip them with the necessary technical skills before immersing them in the real world. “Don Bosco offers a technical vocational education program that teaches young people actual skills that will help them find work in the future”, says Fr. Renato De Guzman, Rector of Don Bosco Academy Pampanga. Don Bosco Academy will also handle the overall administration of the scholarship and monitoring of scholars.
To support the scholars with their 5-month on-the-job training, Security Bank Foundation will provide monthly transportation allowance to scholars while Security Bank clients Motech and Sambon will augment the support through additional allowances. Upon completion of the 15-month program, scholars are expected to gain Technical Education and Skills Development Authority (TESDA) national certificates in Automotive Servicing and Electrical Installation and Maintenance. Motech and Sambon may also hire the scholars based on their on-the-job training performance.
“With this program, we hope to provide the students with industry-specific skills through our Bank clients and bring them closer to having secured employment opportunities upon their graduation and certification,” says Melissa R. Aquino, Trustee and Corporate Secretary of SBFI.
“Motech is truly honored to be a partner in giving our underprivileged Filipino youth a chance for a better future”, says Johann Rommel Naguiat, Managing Director of Motech Automotive Educational Center, Inc. “As a former Bosconian, I can attest to the good formation and technical vocational training program of Don Bosco. You, scholars, have to persevere because you already have the tools to achieve your goals”, adds Alfredo Ilano, Director of Sambon P&E Philippines, Inc.
Security Bank Foundation advocates for education as a long-term solution to poverty alleviation. The Foundation provides scholarship to more than 400 students annually to give them access to good education.