In a bold demonstration of its commitment to youth empowerment and community development, Parallex Bank has awarded N1m each to four exceptional young athletes from the 2024 U-15 Sport Competition held at Asaba.
This groundbreaking initiative, held in collaboration with the Lagos State Sports Commission, marks a milestone in the bank’s efforts aimed at nurturing grassroots sports talent across Nigeria.
The awards were presented during a special ceremony held at the Bank’s Head office at Victoria Island, Lagos, where Dr. Olufemi Bakre, MD/CEO of Parallex Bank, Mr. Lekan Fatodu, Director General of the Lagos State Sports Commission, and other Senior Executives, jointly handed over the prizes to the deserving winners.
The beneficiaries of the N1m prize were Emmanuel Bright, winner of the Tennis category; Akanbi Demilade and Kanu Chioma, champions in the Swimming category; and Akinwuwo Oladeji, who emerged victorious in the Deaf Athletics category.
Speaking at the event, Dr. Bakre described the gesture as part of Parallex Bank’s ongoing mission to drive societal progress through strategic youth-oriented initiatives.
“At Parallex Bank, we believe that investing in the youth is investing in the future. These athletes have shown remarkable discipline, skill, and determination—qualities we strongly support. We recognize the power of sports and education as transformative tools that play a vital role in inspiring young people to pursue excellence. We also commend the Director General and the Lagos State Sports Commission for their efforts in championing this impactful program.” he said.