By Ambrose Gahene
Stanbic Bank Uganda has contributed Shs 10 million to the Young and Emerging Leaders Project (YELP), an initiative of the LéO Africa Institute.
The project was established within principles of the African spirit of “Agaciro”, which espouses the dignity, self-worth, and identity of the African as the cornerstone of leadership values.
Speaking at the handover ceremony held at the bank last week, Stanbic Banks Head of Marketing Daniel Ogong said; “The youth are a key pillar in the transformation of Uganda and East Africa as a whole. As a bank we recognize the important role they have to play in our future socio-economic development, which is the reason why more than 70 per cent of our Corporate Social Investment Budget is directed towards Early Childhood Development projects, Primary and Secondary education.”
“When you take into account the fact Uganda has one of the youngest populations on the world such private sector interventions to supplement Government educational programmes are therefore critically important and very necessary.” Ogong added.
Accepting Stanbic bank contribution on behalf of the Institute Kwezi Tabaro, Deputy Director of LéO Africa Institute expressed his gratitude to Stanbic bank for the kind gesture and support. “We hope through this partnership to grow the fellowship as a continuous yearly engagement, where we seek to create a generation of thinkers, leaders, commentators and influencers within our society. We welcome Stanbic bank on this journey to create a better society.”
The Young and Emerging Leaders Project, is one of a number of high impact youth oriented Social Investment projects that Stanbic bank supports.