KARACHI - Standard Chartered Bank has signed a Memorandum of Understanding (MoU) with Sargodhian Spirit Trust School (SST), to contribute Rs 2.4 million to support less privileged students for a period of 2 years, says a press release. The agreement was signed by Mohsin Nathani, CE Standard Chartered Pakistan and Air Cdre.(R) Ershad Ahsan, CEO SST. To encourage students to continue their education after Matriculation, Standard Chartered Pakistan introduced a scholarship programme for less-privileged students and partners with various established non-profits across the country. Commenting on this occasion, Mohsin Nathani, said, Education is very important in helping young people get employment and become positive contributors to their families and the society at large. We are committed to making a difference in our community. We are proud to be partnering with a prestigious institute like SST. We hope this commitment will help SST to continue to educate talented students and to produce a stream of valuable human resources for Pakistan. Commenting on the contribution Air Cdre. (R) Ershad Ahsan, Chief Executive Officer, SST said, We are highly obliged to Standard Chartered Bank for having agreed to sponsor our students for their 'A Level studies each year. The Sargodhian Old Boys have resolved to pay back to the nation for having received quality education and grooming from their Alma mater the PAF Public School, Sargodha which enables them to reach the pinnacle of their career.