Standard Chartered Endowment Fund supports 31 brilliant and needy students with GHC300,000

Standard Chartered Bank Ghana limited has dispersed a total of GHC71,000 as the first tranche of a total amount of GHC300,000 over a four-year period to 31 brilliant and needy students.

The students have gained admission to the five Public Universities namely the University of Ghana, Kwame Nkrumah University of Science and Technology, University College of Education (Winneba), University of Development Studies and the University of Cape Coast.

The students will benefit from two endowment funds: The Standard Chartered Science Education Trust Fund and the Standard Chartered Kenneth Dadzie Memorial Education Trust Fund.

The Kenneth Dadzie Fund focuses on postgraduate programmes; Economics and Business courses whereas the Science Education Fund covers both undergraduate and postgraduate students pursuing science.

To be eligible beneficiaries must be needy and brilliant and must have demonstrated good conduct while pursuing their courses. Beneficiaries must be students of any of the five Public universities in Ghana.

In her remarks, Madam Mansa Nettey, CEO of 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 programs in support of the UN Sustainable Development Goals that will support Quality Education, Gender Equality and Well-being.

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She said Standard Chartered is committed to using its core business of banking to promote social and economic development in the countries where it operates and provide products and services to individuals and companies to drive local, regional and global economic development and job creation.

Speaking to the beneficiaries, she said: “Your success depends on you so don’t take this endowment for granted. Work hard to yield the desired results. University Education is unique because it is all-encompassing. It prepares you for your future career and the challenges in the new world. They’re so many activities on campus, you can have fun but focus on your studies.”

Madam Mansa Nettey said it is important for the students to make it their priority to always do the right things. She said it also important to have integrity “because hardwork will take you to the top of the educational and corporate ladder, but it will take integrity to keep you there.”

She encouraged them to build partnerships and revealed that the bank will make mentors available to the beneficiaries to guide them and answer their mind boggling questions through mentorship.

“Better together than apart because you can’t make it on your own. You have to build partnerships and healthy relationships. You will need support and we will give you the opportunity to benefit from our pool of talents so take advantage of it. We will give you mentors”, she assured.

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On his part, Dr. Emmanuel Kumah, Chairman of the Board of Directors of Standard Chartered Bank Limited, said as a bank, they have a long history of contributing to social and economic development and supporting the communities in which they operate.

“We believe everyone should have access to opportunities to realise 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”, he added.

Earlier this year, the bank launched ‘Futuremakers by Standard Chartered’ and new global initiative to tackle inequality and promote economic inclusion.

This initiative is supporting young people through programs focused on education, employment and entrepreneurship.

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