Board and management of Standard Chartered with the students and some lecturers
Standard Chartered Bank Ghana Limited says it is disbursing a total of GH¢71,000 as the first tranche of a total amount of GH¢300,000 over a four-year period to 31 brilliant and needy students who have gained admission to the five public universities.
The institutions include University of Ghana, Legon; Kwame Nkrumah University of Science and Technology; University College of Education, Winneba; University of Development Studies and University of Cape Coast.
The students will benefit from two endowment funds, the Standard Chartered Science Education Trust Fund and Standard Chartered Kenneth Dadzie Memorial Education Trust Fund.
Dr. Emmanuel Kumah, Chairman of the Board of Directors, Standard Chartered Bank Ghana Limited said, “As a Bank, we have a long history of contributing to social and economic development and supporting communities where we operate. We believe everyone should have access to opportunities to realize his or her full potential and believe that we can make a difference in promoting economic inclusion in Ghana. This underscores our brand promise to be here for good.”
Mansa Nettey, CEO, Standard Chartered Bank Ghana Limited said, “We understand that young people growing up in developing economies must overcome multiple hurdles to achieve personal and economic empowerment. As an active participant of the UN Global compact we roll out programmes in support of the UN sustainability Goals that will support Quality education, gender equality and wellbeing.”
She added that Standard Chartered was committed to using its core business of banking to promote social and economic development in the countries where it operates. The Bank provides products and services to individuals and companies to drive local, regional and global economic development and job creation.
The Kenneth Dadzie Fund focuses on postgraduate programmes, economics and business courses while the Science Education Fund covers both undergraduate and post graduate students pursuing science.
Earlier this year, the Bank launched Future makers by Standard Chartered, a new global initiative to tackle inequality and promote economic inclusion. The initiative is supporting young people through programmes focused on education, employability and entrepreneurship.