Standard Chartered Bank Uganda Limited Supports Makerere’s Centenary Celebrations with UGX50m

The commitment will go towards supporting the university’s year-long anniversary celebrations, which were launched in November 2021 during a stakeholder mobilization event organized by Makerere. 

Standard Chartered Bank Uganda Limited has this morning announced a commitment worth UGX 50m towards Makerere University’s centenary celebrations. 

Opening its doors to 14-day students in 1922, Makerere University has grown to become one of the most prestigious learning institutions in Africa and the world. 

The commitment will go towards supporting the university’s year-long anniversary celebrations, which were launched in November 2021 during a stakeholder mobilization event organized by Makerere. 

In his remarks, the Vice-Chancellor of Makerere University, Professor Barnabas Nawangwe lauded Standard Chartered Bank for its support, noting that the company’s dedication to supporting the education and skills development of youth in Uganda was of mutual interest to the institution.

“Makerere University welcomes Standard Chartered Bank’s support through this partnership that will benefit both the students at Makerere University and the youth in Uganda as a whole. This gesture acknowledges that you cannot talk about Uganda’s development and socio-economic transformation without involving the youth. Makerere and Standard Chartered Bank are both in the business of giving the youth a platform to achieve their full potential. This partnership will therefore inspire our students and the youth, in general, to innovate and contribute significantly to the transformation of Uganda,” he said.

Standard Chartered Bank is a leading international banking group, with a presence in 59 of the world’s most dynamic markets and serving clients in a further 85. 

Professor Nawangwe highlighted that the sponsorship from Standard Chartered Bank Uganda is aligned with Makerere University’s strategic plan (2020-2030), which is focused on making the institution research-intensive. 

Mr. Godfrey Sebaana, Executive Director & Head of Commercial, Corporate and Institutional Banking at Standard Chartered Bank Uganda, added;

“We are very excited to celebrate with Makerere University as they mark 100 years. At Standard Chartered, we recently marked 110 years and as a legacy institution, we appreciate Makerere University and all its efforts to drive learning and build a transformed society. We pledge to continue supporting this prestigious University as they reach greater heights.

Makerere University’s celebration of 100 years marks the end of a century of excellence, and offers a chance to look beyond, and see how to participate in “Leveraging the 100 Years of Excellence in Building a Transformed Society.