FWD, Security Bank Foundation Launch College Scholarship for Agency Personnel’s Children

FWD Life Insurance (FWD Philippines), in partnership with Security Bank Foundation, Inc. (SBFI), has launched the FWD-Security Bank Future Leaders College Scholarship Program, where FWD annually provides tuition and stipend support to 10 deserving children of Security Bank agency personnel covering academic years 2024-2025 to 2027-2028.

According to the 2020 Census of Population and Housing published by the Philippine Statistics Authority, the total household population aged five to twenty-four years stands at 42,776,570. Of this number, 10.7 million individuals (~25%) are classified as out-of-school children or youth (OSCY).

“We at FWD are excited to launch this partnership to help provide better opportunities for more young Filipinos to achieve their dreams. As the insurer of the next generation, we believe that by touching more lives through education and financial literacy, we can empower aspiring leaders to build their best futures,” said FWD Philippines President and CEO Soon Liang Lau.

SBFI Chairman Rafael F. Simpao, Jr. shared, “We believe that with proper education, one should be able to succeed in life no matter what social or economic background they may have. Security Bank Foundation is incredibly grateful for the generous support of FWD towards our communities and investing in creating future leaders.”

SBFI is the corporate social responsibility arm of Security Bank. It is heavily invested in education programs, including scholarships for high-potential but underprivileged students.

Sharing a commitment to nation-building and inspiring the next generation to create a positive impact in their communities, this partnership also commemorates the tenth anniversary of the collaboration between FWD Philippines and Security Bank.

Security Bank President and CEO Sanjiv Vohra highlighted how the program aligns with the Bank’s mission to enrich lives, empower businesses, and build communities sustainably. “We’re proud of Security Bank Foundation for continuing to champion education and grateful to FWD for their generous support. Together, we’re investing in the next generation, equipping them to shape a more inclusive and prosperous tomorrow.”

Learn more about FWD’s partnerships that empower Filipinos and provide equal access to opportunities by visiting FWD’s Community Care page.

To know more about Security Bank Foundation’s education programs, visit www.securitybank.com/foundation.