Stanbic Bank Uganda has launched a graduate trainee programme through which they will hire and mentor university students.
The ‘Stanbic Uganda Graduate Programme’ is aimed at tapping into the best performers at various universities while creating employment as well, according to Anne Juuko, the bank’s chief executive.
Speaking at a breakfast launch event in Kampala last week, Juuko said the programme is designed to challenge participants on exploring their full creative and innovative potential with the objective of turning them into future business leaders.
She added that successful candidates will receive a competitive salary and other benefits while working with the bank’s top professionals during the twelve-month programme. David Mutaka, the executive head for People and Culture at Stanbic bank, said the selection process will be fair and transparent, and it will also be deliberate about being inclusive of all Ugandans who genuinely qualify and have the potential to solve problems facing humanity today.
Eligible candidates must be young Ugandans who completed an undergraduate programme between 2020 and 2023. However, for those graduating in 2023, they must have completed school by September 2022, and are awaiting graduation.
Candidates must also have graduated with either First Class or Second Upper, and if applicable, have less than two years’ work experience. Preferred applicants are those in any field of study related to the bank’s business units.
The programme will also encourage special-needs graduates to apply in line with the bank’s inclusion policy. For the inaugural intake, successful applicants will be attached to roles that require ‘future ready skills’ in functions such as global markets, data science, credit, risk, relationship banking, finance, information technology, salesforce administration and human resource management, according to Mutaka.
Rodney Rugyema, attached to the Makerere University’s Dean of Students office, lauded the programme, noting that it goes beyond what graduates often get from internship placements where some places reduce them to tea boys or girls, denying them the opportunity to learn during those opportunities.
Shamim Nambasa, Makerere University outgoing guild president, said: “I’m glad that Stanbic Bank has started a graduate programme because internships don’t give us enough time to learn more. However, this program, which is available for a year, gives us plenty of time to learn while earning at the same time. What is even more exciting is the fact that no work experience is required.”
Other universities represented at the launch included Makerere University Business School (Mubs), Victoria University, Cavendish University, Ndejje University, and Uganda Christian University.