Masinde Muliro University of Science and Technology has formally launched its Memorandum of Understanding (MoU) with Diamond Trust Bank (DTB) in a bid to enhance the welfare of staff and students. Yesterday, 3rd May, 2023, a delegation of the bank’s branch Managers, drawn from the Kakamega and Kisumu regional offices, paid a visit to MMUST for the launching ceremony. The event was officiated by the Deputy Vice Chancellor (Planning, Research and Innovation), Prof. Charles Mutai, who was standing in for the Vice Chancellor, Prof. Solomon Shibairo.
Prof. Mutai in his remarks expressed gratitude to DTB for partnering with the University, saying that this collaboration will go a long way towards improving the well-being of the entire MMUST community. “This University is committed to supporting the growth of its students as well as its employees. We are ready to work with the bank and we look forward to the success of this collaboration,” said Prof. Mutai.
Prof. Mutai gives his remarks during the MMUST-DTB MoU launching ceremony.
The Deputy Vice Chancellor (Academic and Students Affairs), Prof. Hussein Golicha, shared the same views during a courtesy call made to his office by the DTB team. “It is great that we have an MoU with Diamond Trust Bank. Let us aim at implementing it for the benefit of both institutions,” stated Prof. Golicha.
“Diamond Trust Bank has presence in Kenya, Uganda, Tanzania and Burundi,” revealed the DTB Regional Branch Manager (Kisumu), Ms. Beatrice Oluoch. Ms. Oluoch discussed the key areas of collaboration highlighted in the MoU including; job shadowing programmes for MMUST students, internship opportunities, graduate management trainee programmes, and mentorship programmes. “For staff, we will partner in the areas of personal unsecured check off loan, car loan and mortgage scheme, salary accounts and advance, as well as credit cards,” she added.
DTB’s Ms. Beatrice Oluoch gives her remarks during the launching ceremony.
The Ag. Registrar (Academic Affairs), Prof Thomas Sakwa, reiterated that this MoU is a great move for the University. He pointed out that there is a need for MMUST to acquire more Till numbers in order to ease the process of collecting fees, adding that this will also enhance efficiency in the admission process. The Director Privately Sponsored Students Program (PSSP), Prof. Benedict Alala, appreciated the bank for creating slots specifically for MMUST students in its upcoming internship and attachment intakes.
Other people present during the MMUST-DTB MoU launching ceremony were; MMUST- Ag. Registrar (Planning, Research and Innovation), Prof. Alice Ndiema, Dean School of Business and Economics (SOBE), Prof. Robert Egessa and Marketing Officer, Mr. James Muriithi. DTB- Mr. Benard Olage, Mr. Joel Wasonga, Mr. Bivon Magoma and Ms. Grace Odhiambo.
Prof. Mutai receives a copy of the signed MoU from Ms. Oluoch.
Masinde Muliro University of Science and Technology has continued to demonstrate its dedication to improving the welfare of its staff and students. The Memorandum of Understanding between the University and Diamond Trust Bank has gotten off to a good start, as was evident during the launch, and there is no doubt that both institutions will reap great benefits from this collaboration.
By Wangari Wambugu
Photos by Shiundu Masafu
