By Our Reporter
Stanbic Bank has contributed Ushs 10 million to the Young and Emerging Leaders Project (YELP), an initiative of the LéO Africa Institute. Started in 2017, YELP will induct 20 outstanding thought leaders annually into a fellowship program designed to train and orient values of self-advancement, integrity, social responsibility and socioeconomic transformation. 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 in the week ending 30th June 2017, Stanbic Bank’s 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% of our Corporate Social Investment Budget is directed towards Early Childhood Development projects, Primary and Secondary education. When you take into account the fact that Uganda has one of the youngest populations in the world, such private sector interventions to supplement Government educational programs are therefore critically important and very necessary.
