UCB Foundation has signed a memorandum of understanding (MoU) with Pay It Forward Bangladesh (PIF) for providing long-term and renewable scholarships to the underprivileged students in the remote areas of the country, a press release said Thursday. This will be provided as part of UCB’s CSR activities. Students will get Tk 4000 per month under the scholarship. ATM Tahmiduzzaman DMD and company secretary of UCB, and Mohammad Wahid Hossain, executive chairman, PIF Bangladesh signed the MoU on behalf of their respective organizations on Wednesday held at at the UCB corporate office. Mohammed Rahmat Pasha, MD and CEO of UCB stock brokerage limited, Shekh Mohammad Rashedul Hasan, MD and CEO, UCB asset management limited, Abul Kalam Azad, executive vice president and head of brand marketing and corporate affairs division of UCB, Ashim Kumar Roy, chairman of PIF, Md Iqbal Hossain Bhuiyan, treasurer and co-ordinator, were also present.
