FDH Financial Holdings says it has invested over K6 billion in corporate social responsibility (CSR) initiatives over the past five years.
FDH Financial Holdings Chief Executive Officer William Mpinganjira said the initiatives, conducted through the bank’s ‘FDH Cares’ programme, reflect the financial services institution’s commitment to being a responsible corporate citizen.
“We view CSR as more than just a business obligation; it is a moral responsibility to create a positive impact in the societies we serve,” Mpinganjira said.
He said this on Monday during a visit by the Parliamentary Committee on Social and Community Affairs, which toured several of the bank’s CSR projects to assess impact.
The visit offered the committee a firsthand look at the institution’s contributions in areas of health, disaster recovery and community welfare, among others.
Projects toured include the Barbara Mpinganjira High Dependency Unit at Queen Elizabeth Central Hospital in Blantyre, the Pediatric High Dependency Unit at Makwasa Hospital in Thyolo and nine houses the bank is constructing for Cyclone Freddy survivors in Mussa Village in Chiradzulu District.
Mpinganjira emphasised that FDH Financial Holdings remains committed to supporting community development initiatives.
He said the institution’s CSR strategy is designed to have a lasting impact, with a focus on sustainable interventions addressing critical challenges facing Malawians.
“Our CSR projects are part of the broader goal to drive long-term, sustainable progress across Malawi,” he said.
The committee’s chairperson, Savel Kafwafwa, commended FDH Financial Holdings for its proactive approach to CSR.
“It is encouraging to see a private sector entity taking such a deliberate stance on supporting the most vulnerable members of our society. FDH Bank’s focus on health, education and disaster relief, among others, demonstrates a strong commitment to uplifting communities,” Kafwafwa said.
The lawmaker further said the bank’s investment in health infrastructure, particularly in hospitals, directly supports Malawi’s national health objectives, ensuring that critical services reach those in need.
He urged other private sector entities to follow FDH’s lead by prioritising social investment in their business strategies.“FDH Financial Holdings is positioning itself as a key partner in driving sustainable growth and positive change in Malawi,” he said.
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