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Tuesday, 14 February 2017

STANBIC BANK TANZANIA NURTURES THE NEXT GENERATION OF BUSINESS LEADERS

Stanbic Bank Tanzania’s Chief Executive, Ken Cockerill (centre), poses for a souvenir photo with beneficiaries of the bank’s regional graduate development programme, Edwin Kajuna and Sarah Mwamlima, during a brief send-off event held in Dar es Salaam recently.






In this competitive world, it is not unusual to find many students pursuing post graduate courses that give them an edge over their peers.

For Edwin Kajuna 25, and Sarah Mwamlima 24, the opportunity could not have come at a better time. As it were, the two are beneficiaries of the Stanbic Bank Tanzania’s regional graduate development programme, which will offer them on-the-job experience, inclusive of a year’s training on data science and analytics.

The two will join eleven other top graduates from Nigeria, Mozambique, Swaziland, Uganda and Zambia at a Standard Bank Group Graduate Development Centre in South Africa to fast track their careers.

Commenting on this life time opportunity and how it fits in her career goals, Mwamlima, who has in the past designed a contactless drip monitoring system to be deployed in rural hospitals that face a shortage of health workers, said: “I have always had a passion for solving problems transpiring around the area where I reside. When I first heard of this scheme, I realized it was a great opportunity to foster my data analytics skills so I can be better placed to help businesses grow.”


On his part Kajuna, who graduated at the top of his class with a Bachelor of Science degree in Information Technology and Systems, the analytical knowledge will go a long way towards building his capacity to produce useful information that will aid decision making in business organizations.

Kajuna and Mwamlima applied for the scholarship after the bank issued a public notice through universities in Tanzania, encouraging fresh graduates to apply. The bank also circulated an internal communication encouraging staff to apply who meet the academic requirements and have been with the bank for more than one year.

“The two candidates stood out as top performers in a rigorous selection process that started with over 200 applicants.” said Ms Eutropia Vegula, the Head of Human Capital at Stanbic Bank Tanzania.

The programme will kick off with a Data Science Conference and business orientation training in South Africa. From there, Kajuna and Mwamlima will proceed to India for another three months, where they will participate in a Data Science International Bootcamp that will expose the young talent to classroom training in advanced data analytics.
The trainees will also undergo a series of training in technical business skills and intense three months of practical project implementation.

Each module of the programme is supported by classroom training, mentoring and a short-term practical assignment to give the trainees a new learning experience to develop their skills and abilities.

The programme will enable the bank to leverage on data to make sound business decisions and translate into tangible business value and enhance their customers’ experience.

“Data is only valuable if you can translate it into actionable business insights. This has prompted us to introduce this accelerated graduate programme that we believe will ensure Tanzanians can participate fully in the development of the banking sector as well as take advantage of the opportunities it will create in other sectors of the economy”, shared Ms. Vegula.

She affirms that when big data is effectively and efficiently captured, processed, and analysed, the bank will be in a position to gain a more complete understanding of its customers, leading to efficiency improvements, better customer service and tailored products to meet customer needs.

The Stanbic graduate scheme program is currently being implemented across the Standard Bank Group, and encourages high level growth with professional qualifications and training critical to a career in banking. The programme identifies and nurtures talented graduates around the continent to lead the banking industry in the future.

“We are delighted to have programme participants from Tanzania and this speaks volumes of our commitment to advancing the capabilities of future Tanzanian business leaders, leveraging the global expertise of the Standard Bank Group. This is an exciting time for Tanzanian graduates and a step forward in our journey to maintain our position as the leading bank in the nation and the continent”, says Ms Vegula.

Ms Vegula reveals that later this year, Stanbic Bank Tanzania will launch an in-country comprehensive graduate program which will see six young Tanzanians being recruited to join the ever-expanding Stanbic Bank team.

Before their departure over the weekend, the two graduates paid a courtesy visit to the bank’s head office where they met with the Chief Executive of Stanbic Bank Tanzania – Ken Cockerill.




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