Custodian Social Responsibility Foundation (CSRF) is an
independent Charitable Organization registered as an incorporated Trustees based in Lagos,
Nigeria. It is the CSR arm of Custodian Investment Plc comprising Custodian and Allied
Insurance Limited, Custodian Life Assurance Limited, Custodian Trustees Limited and
CrusaderSterling Pensions Limited.
Our Vision
There are many gaps in different sectors of our society and of the four focal areas CSRF supports, we note especially that the biggest gaps are in the Health and Education sectors.
It is our desire to make positive changes in our community by contributing to the saving of lives while it is within our capacity to do so. This we intend to do by providing necessary support in various ways to ensure lives are saved as much as possible.
It is our goal also to provide much needed support in the Education sector by upgrading run-down facilities and donating to worthy causes that will directly impact lives of Nigerians in general.
In order to be able to achieve our set goals, we will not be able to handle it all alone and would require internal and external support of Corporate Organizations, NGOs, individuals and others who by partnering with us and making donations to the organization can help us achieve our goals.
The Board of Trustees is made up of tested professionals and very successful business leaders in different sectors of the economy.
Mrs. Mimi Ade-Odiachi holds a B.Sc in Insurance from University of Lagos
[1984].She is a Chartered Insurer as well as an alumna of Lagos Business
School. She established Omar Gardens Floral Company in 1990 and thereafter
grew the Company from a simple floral Company to an award-winning
landscaping business.
She started her career at Royal Exchange Assurance Nigeria in 1985. Apart
from being a member of the Board of Trustees of Custodian Social
Responsibility Foundation, she is the CEO/Managing Director of Omar Gardens
Floral Company.
She is also a Director on the Board of Whispering Palms Hotel and a member
of the Board of Trustees of Bonas Macfarlane Nigeria.
Mr. Dikko obtained his LL.M [Corporate & Commercial Law] degree from the
Queen Mary & Westfield College, University of London, England after
obtaining his LL.B from the University of Buckingham, England. He was called
to the Nigeria Bar in 1990.
He has worked in a variety of roles and industries that span corporate
finance, banking and information technology and telecommunications.
He worked in Kenneth Michael & Co between 1991 and 1992 and was on the team
responsible for setting up the first discount house in Nigeria as was
chairman of the discount house from 2002 – 2012. He also worked an Executive
Director in Resourcery Plc. from 2000 to 2007 and is currently Vice
President (Regulatory & Corporate Affairs) with EMTS Ltd (trading as
Etisalat Nigeria).
‘Bunmi is the pioneer Chief Executive of CSRF, a position she is well suited
for having been in charge of Custodian’s CSR initiatives from inception.
Prior to her appointment in 2015, she was Head of Management Services
Directorate of Custodian and Allied Insurance Limited for a couple of years
and before then, Head of Admin/Corporate Affairs for six years. She was the
pioneer Head of HR/Administration of Custodian and Allied Limited, a
position she held for nine years.
Bunmi is an Associate of the Chartered Institute of Personnel Management and
a Member of the Nigerian Institute of Management, having earlier obtained a
first degree in Economics followed by a Master of Business Administration
(MBA) degree both from the University of Lagos.
She has attended a few courses including the Advanced Management Program of
the Lagos Business School in 2002 and Essentials of Leadership program at
the London Business School in 2014
The Team is made up of tested professionals and very successful
business leaders in different sectors of the economy.
Interventions relating to the upgrading or uplifting of
educational facilities in Nigeria, partnering with various institutions to encourage the
study of insurance and providing intellectual support to educational institutions especially
those who teach Insurance and donations of educational materials to needy schools
As much as possible, the focus here is on saving lives and this
will be done by ensuring as much as possible the security and preservation of good health
through the adoption of various practices including uplifting hospitals and health
institutions in dire need of help, contributing to the eradication of disease and
intervention to save lives of accident victims
We are determined to research and identify ways to contribute
to the uplifting of our Community in a visible way including the development of the
environment directly and indirectly, providing required infrastructure for the development
of our locality and donations to worthy causes around communities in Nigeria
CSRF is committed to the sustainability of the environment by
actively ensuring that subsidiary companies use materials that will not adversely affect the
environment by deletion of natural resources whilst ensuring a cleaner and better
environment. We would also promote safe environment risk practices, and keep abreast of
global trends and best practice relating to sustainable insurance.
Custodian achieved a major milestone in healthcare provision with a groundbreaking ceremony for the construction of an accident and emergency center at the General Hospital in Epe, Lagos.
The center, upon completion, will be a cutting-edge medical facility that provides comprehensive healthcare services to trauma and accident victims, as well as other medical emergencies.
Speaking at the event in Lagos, the Managing Director of Custodian Investment Plc, Wole Oshin, emphasized the company’s commitment to health as a significant pillar of the foundation. He said the decision to undertake the project was driven by the desire to support the government’s efforts in the healthcare sector and reiterated the dedication of the Custodian Group to delivering a world-class medical facility.
Lagos State Commissioner for Health, Prof. Akin Abayomi, underscored the importance of the collaboration between the Custodian Group and the state government.
We appreciate that the youths are the future of the nation, and the Custodian Mentors Conference has always been another avenue for the company to give back to the society by encouraging the youths. Since the inception of the conference in 2018, the annual event has continued to attract individuals across different age groups. The 2022 conference being the fourth edition, had over 650 people register but about 100 people were shortlisted to attend the event physically whilst 40 people viewed live via YouTube
The Mentors at the event included Mr. Fela Durotoye, the Founder and CEO Gemstone Group, Mr. Kola Oyeneyin, Founder of Venia Group/Director Volition Capital and Ms Kate Henshaw, an Award Winning Actress and Social Media Influencer. The Mentees were able to ask questions and engage the Mentors after the conference for advice that would impact them hopefully for life. Our plan is to follow up with each of the Mentees of the 2022 class as well as previous editions and assign each to Mentors for continuous guidance.
As part of our commitment to developing of our immediate community, the CGTP Batch A of 2022, through the CSRF renovated 2 blocks of the school toilets. The intervention which included the replacement of worn-out sanitary wares, taps, tiles, doors, painting and restoration of water supply to both toilet blocks brought improved hygiene and was greatly appreciated by both leaners and staff members of the institution.
The CGTP Batch B of 2022 embarked on a CSR project of renovating and painting a block of 2 classrooms at the school. Prior to this renovation, the classrooms had been left in their dilapidated state in which the roof was worn out and damaged, the walls week and dirty and the classes abandoned. This gesture was greatly appreciated by the school and the classrooms commissioned for use with the CGTP class.
Custodian Social Responsibility Foundation (CSRF) rehabilitated and commissioned Chapel Street Road at Sabo, Yaba, Lagos. The road rehabilitation project took place in the first quarter of 2021, which focused on revamping the road with interlocking bricks, rebuilding of damaged drainages, construction of road pavements and the installation of streetlamps.
The project was officially handed over to the Lagos State Government on Thursday, March 11, 2021. The handover event was attended by the Governor of Lagos, Mr. Babajide Sanwo-Olu (represented by his Special Adviser on Works and Infrastructure, Engr. Aramide Adeoye), Hon. Kayode Adejare Omiyale, Chairman of Yaba LCDA, Hon. Moshood Oshun, Member, Lagos State House of Assembly, representing Lagos Mainland II Constituency, the Group Managing Director of Custodian Investment PLC, Mr. Wole Oshin, CEO of CSRF, Mrs. Olubunmi Aderemi among other government officials and invited guests.
Engr. Aramide Adeoye in her response thanked the company for its dedication to impacting the community through the various foundation’s projects, she also conveyed the gratitude of the Governor and encouraged more public-private partnership in upgrading infrastructures in Lagos State.
The idea of the Mentors Conference came about as a realization that many of the youths in our society are discouraged, jobless, hopeless, and often without focus. The series which began in 2018 and held in 2019 was not held in 2020 as a result of the Covid- 19 pandemic. Though the pandemic was still raging in 2021, it had somewhat subsided, so it was decided to host if but in a subdued way to accommodate the Government-imposed social distancing protocols. We reached out to interested candidates and as of the close of registration, 673 candidates had registered. Different methods were employed to select 100 candidates from the number, out of which 87 attended the ceremony.
The Mentors this time included Mr. Leke Alder, the Founder and Principal of Alder Consulting, Mr. Bankole Wellington, Founder of Empire Mates Entertainment (EME) and Ms Funke Bucknor-Obruthe, the Founder of Zapphaire Events. The free conference enabled the three Mentors to share about growing up, entrepreneurship, their faith and the values they held dear that made them successful. The Mentees were able to ask questions and engage the Mentors after the conference for advice that would impact them hopefully for life. Our plan is to follow each of the Mentees of the 2021 class as well as previous editions and assign each to Mentors for continuous guidance.
We are always taking up opportunities we find to help our local community, and, in that spirit, it was decided we should help those who provide security for our environment.
The building of the Ojuelegba Surulere-based Area C Command was unkempt and needed a good wash to make it more recognizable. CSRF therefore engaged the services of professionals to clean the external mosaic, file glasses, windows and frames and remove loose debris on the tiles.
Custodian Social Responsibility Foundation donated food items to the residents of its community, through Garden City Yaba Community Development Association (GACYCODA). The objective was to provide relief for the community residents to cushion the effect of the difficulties caused by the COVID-19 pandemic.
In the spirit of Christmas, some of our staff members visited Modupe Cole Memorial Child Care & Treatment Home in Yaba Lagos, to donate provisions towards the wellness of the care receivers.
Custodian Social Responsibility Foundation (CSRF) is pleased to once again demonstrate our support for the Vocational Professional Development Academy towards ensuring that qualitative vocational knowledge is available and accessible to the Nation’s youths. In time, graduates of the VPDA would impact positively on the environment by providing the much-needed skills. With sustained commitment along this path, our Country’s economic fortunes would be better; while a lot of currently unemployed youths will be gainfully employed, leading to a safer society. The VPDA, supported by CSRF, in furtherance of this shared objective recently held a Vocational Training and Empowerment Programme (VOTEP) to broaden the Academy’s reach and impact.
Custodian Social Responsibility Foundation (CSRF) is happy to have sponsored the setting up of the Vocational Professional Development Academy opened on 14th December 2017. It is a statement of fact today that there is an acute shortage of well-trained artisans in our country – you struggle to find really good electricians, plumbers and other good hands. That is why we chose to support the setting up of the VPDA and it is hoped that the existing gaps in the vocational education sector would be addressed. In time, graduates of the VPDA would impact positively on the environment by providing the much-needed skills. Eventually, our Country’s economic fortunes would be better while a lot of currently unemployed youths will be gainfully employed, leading to a safer society.
In Conjunction with Lifeline Care Association, we organized free first aid training for students in secondary schools. The program drew a total of 128 students drawn from 8 secondary schools in the northern part of the country and notable government agencies such as the Federal Road Safety Corps (FRSC) and the Federal Capital Territory Fire Service as well as non-governmental organizations in the country. The programme sought to, and succeeded in deepening as well as broadening the availability of capable hands to assist in saving lives during emergencies. Participants were taken through theoretical and practical demonstrations of basic first aid routines, pulse reading and its implications, ascertaining victim’s consciousness or otherwise using the Glasgow Coma Scale as well as transporting procedure for victims (to avoid spinal cord injury) among others.
Custodian sponsored the rehabilitation of box culvert across Commercial Avenue, Sabo Yaba.
In the aftermath of the devastating explosions that rocked Bodija, Ibadan on January 16, 2024, leaving many families grappling with loss and hardship, the Custodian Social Responsibility Foundation stepped forward to offer a beacon of hope.
Understanding the profound impact of the tragedy on the affected individuals and communities, the Foundation swiftly initiated a relief effort to assist those in need. Almost 200 households who were affected by the explosion were provided financial support of N100,000 each. This gesture was aimed to alleviate their suffering and aid in the process of rebuilding their lives after the traumatic incident.
As the affected individuals continue to navigate the challenges posed by the aftermath of the explosions, the Foundation stands in solidarity with them, offering support, compassion, and a glimmer of hope for a brighter future.
The annual Mentor’s conference took place in August 2023 and as usual, there were three visible leaders in the society to share with the Mentees, insight from their wealth of experience. The carefully chosen Mentors were Mrs Seyi Banigbe, a Lawyer, Entrepreneur and Talk-show Host, Ms TY Bello, a multi-talented award-winning Photographer and music Artiste and Mr Chico Aligwekwe, an On-air Personality, Actor/Director, Speaker, and Author. There is no better time than now for our young people in Nigeria to be helped as a lot of them are confused about their relevance and purpose in life. Many are distracted by mundane activities, preferring to engage in trivial activities and trades that are not sustainable. Some are bent on adding to the statistics of migrants to more developed countries, because of the economic challenges experienced in the country. A few are focused but lack guidance to enable them to achieve something worthwhile in life. The Mentor’s conference is a forum to address the identified issues bothering a lot of youths. In 2023, 111 out of the registrants were invited and attended. Mentees were able to learn from the Mentors from their experience and left determined to do better for themselves.
We have always encouraged learning for different groups of students from primary to the tertiary levels, particularly those who have shown interest in Insurance, our area of expertise we have Offered opportunities to schools to come around and not only see our facilities but also given talks to students on various subjects, which can help to propel them to studies at the tertiary level. Some of our many professionals in the company have helped to stir up interest in various subjects such as insurance and the need for it and other areas.
Students of the Green Olives Private school visited in June 2023 to learn about investment. Though young and impressionable, it is believed that children should be exposed to important things that can help shape their lives and prepare them for the future. Our professionals in the Investment department helped to break down the meaning of investment using plenty of examples, so the young children will have an understanding. At the end of the session, the students as well as their teachers went away with better understanding from the talk.
Key points on Wuhan Coronavirus
Mode of transmission
Signs and symptoms
This new strain appears to be mild to severe respiratory symptoms like cough and breathing difficulties, fever, chest pain, headache, sore throat palpitations, kidney failure, pneumonia. From current evidence, it appears that death is a rare outcome.
Treatment
There is no specific treatment for this new strain yet. However, many symptoms are treated as the appear.
Nigeria’s preparedness and response
The Centre for Disease Control has set up a multisectoral technical group that assesses and manages the risk of importation to Nigeria in collaboration with the World Health organization.
The port Health service unit of the federal ministry of health in Nigeria has been placed on high alert and has heightened screening measures at the point of entries into Nigeria. Travelers from China to Nigeria have been put on checks including temperature checks as well as direct any symptomatic passengers to health facilities for follow up.
How to protect yourself
To reduce the risk, we should:
Key points on Lassa Fever
Signs and symptoms:
Lassa fever presents with symptoms and signs similar to those of many febrile illnesses such as malaria. Signs include fever, muscle aches, sore throat, nausea, vomiting, chest and abdominal pain.
What we need to do:
Custodian Social Responsibility Foundation (CSRF) is happy to have sponsored the setting up of the Vocational Professional Development Academy opened on 14th December 2017.
It is a statement of fact today that there is an acute shortage of well-trained artisans in our country – you struggle to find really good electricians, plumbers and other good hands.
That is why we chose to support the setting up of the VPDA and it is hoped that the existing gaps in the vocational education sector would be addressed. In time, graduates of the VPDA would impact positively on the environment by providing the much-needed skills.
Eventually, our Country’s economic fortunes would be better while a lot of currently unemployed youths will be gainfully employed, leading to a safer society.
Custodian and Allied Insurance, a wholly Nigerian owned insurance company quoted on the Nigerian Stock Exchange, has donated a thousand mattresses to the Delta State Government, for distribution to people displaced by the recent flooding in the state.
Making the donation at the Delta State’s liaison office in Victoria Island, Lagos, the Managing Director, Custodian and Allied Insurance, Mr. Wole Oshin, said “The gesture is aimed at providing relief for victims of the flood. Many people lost homes, farms and other priceless possessions, and we believe it is only necessary that we, as a socially responsible company, contribute our quota to alleviate their sufferings.”
Receiving the donations on behalf of the Delta state government, Mr. Chike Ogeah, the Honourable Commissioner of Information, thanked Custodian and Allied Insurance, stating: “This donation is necessary, as it complements the efforts by the Delta state government to bring relief to the victims of the flooding that affected various communities in the state.”
Mr. Ogeah added: “When we were calling for assistance, we specifically requested for people to contribute materially and not financially, to encourage accountability. Custodian and Allied Insurance immediately offered their assistance by offering to provide 1, 000 mattresses to the victims of the flood. It is our belief that the government alone cannot solve the problems of the people, particularly in natural disasters like flooding, which is why we have called for support from the private sector and the general public. Custodian and Allied Insurance answered this call, and the Delta state government and indeed all the citizens of the state are grateful for this kind and thoughtful gesture.”
Mr. Wole Oshin implored the government at all levels to get involved in insurance to mitigate different kinds of crisis. He said, “It is necessary for the government to begin to realize and appreciate the role insurance can play in mitigating crisis. This is necessary in forestalling the confusion, panic, disappointment and unease that follows unexpected disasters and accidents where helpless citizens are the victims.”
CAI is a registered member of the
Nigerian Insurers Association (NIA) and is approved to offer
Insurance Services that extend beyond national frontiers. Custodian
remains one of the insurance industry leaders in Nigeria committed
to innovation, and with a tradition of blazing trails. The company
remains focused on exceeding expectations of its numerous clients
with the vision of being Africa’s insurer of choice.
July 15, 2013. Lagos, Nigeria – Custodian and Allied Insurance Plc, a registered member of the Nigerian Insurance Association (NIA), has partnered with the Sickle Cell Foundation Nigeria as co-sponsors of the 2013 Sickle Cell Anemia Walkathon. The event which took place on Saturday 13 July was organised by The International Finance Corporation (IFC).
The 7 kilometer walk in Lagos Island was aimed at raising awareness and increasing public knowledge about sickle cell anemia; both in terms of general alertness and recent advancements in management of the ailment, as well as raising funding to support increased research and providing some support to institutions caring for people affected by sickle cell anemia.
The Head of Directorate, Administration & Corporate Affairs of Custodian Investment Plc, Mrs. Olubunmi Aderemi, said “The motivation for us was that at Custodian, we like to associate with worthy courses affecting our environment and people around us. We identify this fight against sickle cell anemia as necessary to preserve human lives and are glad we are able to support a worthy course”
Mrs. Aderemi added “I know of a few people with sickle cell anemia. Victims and their relatives go through a lot of pain, emotional trauma and such at times of crisis. It is costly to manage and requires patience and understanding by employers and lots of care by family and loved ones. We hope to support the creation of necessary awareness of the condition and help educate the citizenry about its management”
“As a socially responsible organisation, we believe in partnering with initiatives that impact positively on the lives of people around our operating environment. We are hoping that with this awareness and fund raising, research on sickle cell anemia will progress in Nigeria, with the development of improved medical services and proper management of the victims”
Custodian Investment Plc is quoted on
The Nigerian Stock Exchange (NSE), and is approved by the regulatory
bodies in Nigeria to offer insurance services, and provide services
that extend beyond national frontiers. In 2010, the company was
honoured at the 15th Pearl Awards in the sectorial Leadership
(Insurance) and Profit Margin Ratio (Market Excellence)
categories.
Custodian and Allied Insurance Plc, a registered member of the Nigerian Insurance Association (NIA), has become the first Nigerian direct underwriter to join the United Nations Environment Programme Finance Initiative (UNEPFI) and is a signatory to its Principles for Sustainable Insurance Initiative launched at the RIO+20 UN Summit on Sustainable Development in June 2012.
Speaking on this development, the Managing Director, Custodian and Allied Insurance, Mr Wole Oshin said “Custodian is committed to the sustainable development of its environment through proper governance and risk engaging methods. We have consistently been environmentally conscious and are determined to contribute our quota to the principles in a responsible manner. The world is facing increasing environmental, social and governance challenges which present diverse, interconnected and complex risks as well as opportunities which must be prudently managed. We recognize that our operations and activities impact our environment, economy and society and realise the importance of ensuring they are carried out positively and in a forward looking manner”
Mr Oshin added “In order to internalise our commitment to identify, assess, manage and monitor the risks and opportunities associated with environmental, social and governance issues, we are continuously putting in place strategies, systems and processes to ensure transparency, traceability, compliance and accountability in a constantly evolving operating environment. We will continue to demonstrate our commitment to sustainable insurance and integrating environmental, social and governance factors in our operations”
Custodian and Allied Insurance is
quoted on The Nigerian Stock Exchange (NSE), and is approved by the
regulatory bodies in Nigeria to offer insurance services.
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CAIL'S
CUSTODIAN & ALLIED INSURANCE LIMITED (CAIL) is a wholly owned Nigerian Company. CAIL’s sole purpose is to develop, package and deliver innovative insurance products that best satisfy customer needs, whilst operating a highly profitable, efficient, resourceful and ethical organization that will survive well into the future and be a valuable asset to its shareholders. CAIL’s Board comprises individuals who have proven track records in their various fields of endeavor, thereby bringing several years of experience to bear upon the Board.
CAIL is a registered member of the Nigerian Insurers Association (NIA) and is approved by other regulatory bodies in Nigeria to offer Insurance Services.