February 3, 2023

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DepEd leads a partnership with the companies of the ALC Group

The Department of Education (DepEd), led by Vice President Sara Z. Duterte, who is also DepEd Secretary, awarded CSBank (Citystate Savings Bank) and Fortune Life Insurance Co. Inc., two member companies of the ALC Group, partnership certificates DepEds Partners Appreciation Program, the held on December 13, 2022 at Wack Wack Golf and Country Club in Mandaluyong City.

The certificates were a recognition of the companies’ continued support for basic education.

On November 14, CSBank and Fortune Life hosted a meeting of stakeholders and partners for the Department of Education’s External Partnership Service to call for support for typhoon-hit schools. It took place at the Citystate Tower Hotel in Manila, another member company of the ALC group.

DepEd Undersecretary for Legislative Affairs and Partnerships Gerald L. Chan also met with senior executives from CSBank and Fortune Life Insurance during the prior event to discuss potential partnerships to help the department rebuild schools and support its projects and programs .

In a statement, ALC Group Chairman D. Edgard A. Cabangon thanked DepEd for the recognition and expressed his full support for the Division’s projects through various partnerships with ALC Group member companies.

“We wholeheartedly thank the Department of Education, particularly the DepEd Secretary and our Vice President Sara Duterte, for these partnership certificates presented to our member firms CSBank and Fortune Life Insurance. We are happy to help DepEd achieve its goals by supporting its projects in any way we can,” said Cabangon.

The ALC group was founded by the late Ambassador Antonio L. Cabangon Chua.

Photo credit: ALC Group of Companies