Thursday 24 September, 2020

Scotiabank extends UWI partnership

Pictured: Stephen Bagnarol - Senior Vice President and Managing Director, Scotiabank Trinidad and Tobago and Brendan King -  Senior Vice President, International Banking, Scotiabank chat with Pro Vice-Chancellor and Principal, Professor Brian Copeland, UWI St Augustine. Photo via Scotiabank.

Pictured: Stephen Bagnarol - Senior Vice President and Managing Director, Scotiabank Trinidad and Tobago and Brendan King - Senior Vice President, International Banking, Scotiabank chat with Pro Vice-Chancellor and Principal, Professor Brian Copeland, UWI St Augustine. Photo via Scotiabank.

Scotiabank will extend its role in the UWI Annual Toronto Benefit Gala for another five years.

The bank, which has had a long and dedicated relationship with the University of the West Indies (UWI) for the past 10 years, has been the Lead Sponsor of Gala, which helps award scholarships to students.

Some 500 deserving students have been awarded scholarships during that time.

In addition to extending its sponsorship, the Scotiabank has increased its investment to CAD$75,000 per year, for a total of CAD$375,000 over the five-year period.

The sponsorship will now include 15 Scotiabank Scholarships per year designated to support students in need of financial aid. 

Brendan King, SVP International Banking, met with Executives and scholarship recipients of the UWI St Augustine Campus to showcase the Bank’s support for the initiative and wider Caribbean.

The meeting was followed by a tour of the Campus, including the Cocoa Research Centre, that aims to promote Trinidad’s rich cocoa offerings and Steelpan Lab, which has birthed the successful G-Pan.

Recipients of the scholarship through the Gala Benefit shared their stories and expressed their gratitude to Scotiabank and the UWI Gala for enabling them to attend University to fulfill their various pursuits.

The additional scholarships are expected to provide more students with the opportunity to experience the benefits of higher education.

King, in delivering his remarks to the students shared advice and also reaffirmed the Bank’s commitment to youth and education and the wider Caribbean region.

“At Scotiabank, we believe in the importance of investing in the youth of our communities to help them reach their infinite potential. We know that how we support young people today can help them for tomorrow, and that’s why we want to help them thrive.”    

Professor Brian Copeland expressed gratitude to Scotiabank for its increased support, noting that The UWI shares the bank’s commitment to sustainable business and creating a better future for all.

Professor Copeland revealed that aligned with this, the campus is in the process of creating an Innovation and Entrepreneurship Ecosystem that will support innovators and entrepreneurs, primarily from the student body, to develop globally competitive, technologically advanced start-ups.

He noted that his vision for students of the region is that they would help to create a UWI Caribbean Mittelstand, a greatly enhanced SME sector that would contribute to at least 30 percent of foreign exports by 2034.

Now into its second decade, the 2020 UWI Toronto Benefit Gala, to be hosted at the Toronto Ritz Carlton on April 4, 2020, will recognise honorees Dr. David Suzuki (Luminary Award); The Honourable Margaret McCain (G. Raymond Chang Award); Sagicor Financial Corporation Limited (Chancellor Award); Harold Braithwaite, Dr. Gervan Fearon, and Shastri Ramnath (Vice-Chancellor Award).  

Further information on the event can be obtained at www.uwitorontogala.org

The new Scotiabank scholarships will be available to CARICOM Nationals who are pursuing full-time undergraduate programmes at UWI Campuses in Trinidad, as well as Jamaica and Barbados.

Eligible students must be entering at least level two of their BSc degree programme in the Faculty of Medical Sciences, Science and Technology, Humanities & Education & Social Sciences. 

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