Equity Launches Mentorship, Leadership Dev’t Program For Students

Equity Launches Mentorship, Leadership Dev't Program For Students

By Uganda Online Media

President Yoweri Museveni has appointed Maj Tom Magambo who has been in the Internal Security Organisations(ISO) as the new police Criminal Investigations Director.

“President Museveni has promoted Private Tom Magambo to the rank of Major and appointed him Director Criminal Investigations of the Uganda Police Force,” the acting UPDF spokesperson, Lt Col Ronald Kakurungu said in a statement.

Kampala: Equity Bank Uganda launched the Equity Leaders Program (ELP), a mentorship and leadership development program by admitting the first group of 123 top-performing scholars from the 43 districts where the bank has a branch presence.

According to Equity bank, the launch of the program plays a significant role in extending its social impact contribution through the scaling up of various programs that are already under implementation through Equity Group Foundation (EGF), the Group’s social impact engine.

The scholars who were selected based on the 2020 Uganda Advanced Certificate of Education (UACE) results released by the Uganda National Examination Board have just concluded a one-week induction process and will now proceed to join Equity Bank for a 3-6 months paid internship program where each scholar will get a monthly stipend and will experience on-the-job training and mentorship within various departments.

“As Government, we are excited to see that a local corporate brand has ventured into empowering the youth by giving them an opportunity to experience the corporate world and rub shoulders with top-class executives who will not only positively influence them into leadership roles but who have also dedicated a significant amount of their time to train and guide them. This is a significant day for us as a country because it is a mirror reflection that our youth will play a primary role in inspiring a future leadership that is keen on excellence and also giving back to the community,” said Gender, Labour and Social Development Minister, Betty Amongi at the launch of the program.


The program according to bank officials has been designed uniquely and will also offer the scholars an opportunity to apply for admission and full financial aid at global universities through admission into the College Counselling Program.

This program runs for 3 months and is aimed at exposing them to the global universities’ admission process and how to maneuver through a new education system.

This will allow them to join other scholars in top institutions such as Harvard, Stanford and Yale among others across various continents of the world.

“Equity Bank is excited to continue impacting lives and livelihoods by empowering the top-performing boy and girl from every district by giving them an opportunity to discover their potential and explore this,” said Samuel Kirubi, the Equity Bank Uganda Managing Director.

“These scholars will get exposure to the corporate world even before joining university to pursue their higher education and dream careers. By taking part in the Paid Internship Program, they get exposure at a young age and will also learn multiple life skills including personal branding and presentation, saving and investment and how to navigate the corporate world. The stipend they earn will also play a significant role in uplifting their economic status and that of the communities around them and to us, this is why this program is impactful.”

Commenting on the launch, Equity Group Managing Director and CEO and Equity Group Foundation Executive Chairman Dr. James Mwangi said, “Equity Group has recognized the importance of investing in human capital. Through Equity Leaders Program we have mentored close to 7,000 young scholars in Kenya and have nurtured them through paid internship work experience, coaching and mentorship while supporting their transition to the best local and global universities as we prepare them to enter the world of work.”

“With today’s launch, Equity Leaders Program now becomes operational in four of Equity Group’s subsidiaries including Kenya, Rwanda and DRC making it a regional program that will play an important role in integrating the East African region through the sharing of ideas and resources, building a network of young professionals and creating an alumni network of young and budding innovators who are likely to solve the region’s socio-economic challenges.”

Additional reporting by Nilepost

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