The FINANCIAL — Bank of America Merrill Lynch is proud to announce its participation in the Social Mobility Foundation’s City Talent Initiative.
The FINANCIAL — Bank of America Merrill Lynch is proud to announce its participation in the Social Mobility Foundation’s City Talent Initiative. With cross-party support from the Rt. Hon. David Lammy MP, Mark Field MP and Baroness Kramer, the initiative encourages high-achieving young people from low-income backgrounds to consider a university education and a career at a leading City firm, according to Bank of America Corporation.
Starting this summer – and for five consecutive years – five Year 12 students will spend two weeks at Bank of America Merrill Lynch’s London headquarters, as they progress from school to university. To ensure sustainability in their training and to provide one-on-one support, each student will be mentored by a vice president and a full-time campus graduate. Through a combination of on-site experience, work-shadowing and presentation and time management training, the students will gain exposure to employees of all levels across banking, markets, risk, and technology. Their path to a City career will be further facilitated through mock interviews and UCAS (Universities and Colleges Admissions Service) preparation sessions, according to Bank of America Corporation.
“We are delighted to be involved in the City Talent Initiative. I commend the Social Mobility Foundation for creating such valuable connections for young high performers at a critical stage of their personal development,” said Alex Wilmot-Sitwell, president for Europe, the Middle East and Africa at Bank of America Merrill Lynch.
“We are so pleased that Bank of America Merrill Lynch is joining the Social Mobility Foundation’s City Talent Initiative. This is precisely the kind of prestigious organisation that young people we support aspire to work for in the future, but all too often can’t access. Our partnership is a very important statement of the bank’s commitment to finding and supporting the talent of tomorrow irrespective of background,” David Johnston, chief executive of the Social Mobility Foundation added.
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