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Announcement

19 January 2016

Over 1,000 senior and mid-level executives to benefit from FSD Africa’s USD1.14 million grant to strathmore business school

FSD Africa is pleased to announce that it has signed a USD 1.14 million grant agreement with Strathmore Business School – SBS to develop and deliver training to over 1,000 senior and mid-level executives in the financial sector in Tanzania, Rwanda and Uganda. Funded by the UK’s Department for International Development, FSD Africa supports financial sector development to help reduce poverty in sub-Saharan Africa.

This grant builds on FSDA’s strategy of supporting the emergence of strong centres of excellence that provide best practice training to financial sector professionals.

Strathmore Business School has for the past 10 years demonstrated its ability to deliver transformative executive development programmes in Kenya which has positively impacted the business community. We are delighted to partner with SBS to spread this success into the region.

Julias Alego, FSD Africa’s Director of Professional Education

Since 2013 SBS has trained over 200 senior and middle level managers in Uganda under the Uganda Leadership Development Academy – ULDA. This grant will support the expansion of the programme into Tanzania and Rwanda until the end of 2018. It will essentially be used to develop faculty, course material, case studies and limited scholarships to pioneering financial institutions for the programmes.

Over the next three years, it is expected that the target financial institutions to which these course participants belong will develop innovative products and deliver effective service to reach out to up to 5 million of existing and new customers in underserved market segments.

This partnership with FSDA will further enable Strathmore Business School to expand its leadership development programmes in the region and thus reach out to more executives and change livelihoods. We are excited with this partnership and look forward to working closely with FSDA to change lives.

Dr. George Njenga, Strathmore Business School Dean