Russell Bedford donates £5000 to the Institute of Certified Public Accountants of Kenya

December 2021

As part of Russell Bedford’s corporate social responsibility programme, this year, in partnership with Russell Bedford Alexander & Associates, Kenya, the network donated an amount of £5,000, to the Institute of Certified Public Accountants of Kenya (ICPAK).

The donation will directly support the institute’s scholarship program, the ICPAK Accounting & Finance (ICPAK A & F) Scholarship, which was established in 2015. The program aims to grant university education opportunities to academically gifted, yet financially disadvantaged young Kenyans pursuing training in accounting and finance related courses.

The Scholarship provides to bright, deserving Kenyan youths an avenue to elevate themselves and their families on the social ladder. Under the program, scholars benefit from tuition fees for four years, basic hostel accommodation and additional money to cater for transport and daily upkeep.

To maximise the impact of this scholarship and ensure sustainable change, ICPAK focuses on high potential secondary school graduates who have already demonstrated excellence in school and extracurricular activities but lack the finances to proceed with university education.

The ICPAK Scholarship targets high achieving needy students identified by assessing their performance at the nationally administered Kenya Certificate of Secondary Education examinations (KCSE) who satisfy the eligibility criteria as vetted by The Scholarship Implementation Committee of ICPAK.

Reena Nagda Shah, partner at Russell Bedford Alexander & Associates, Russell Bedford’s Kenya member firm said: “We are ever so grateful for this contribution to Kenya by the Board of Russell Bedford International. This donation will directly support individuals who are passionate about a career in accounting but, who without financial support, may never reach their dreams. Thank you.” 

Russell Bedford CEO, Stephen Hamlet said: “Deciding on Russell Bedford’s annual charitable donation recipient has an important place in our calendar, offering us a moment to consider those who are less fortunate than ourselves, but who equally deserve an opportunity to thrive. It is my pleasure to donate Russell Bedford's 2021 principal donation to ICPAK who do incredible work to support young talent, and who simply need extra help to launch their careers while drastically improving their future prospects.”