FBNQuest Merchant Bank, USAID to support youth-powered ecosystem

FBNQuest Merchant Bank, the investment banking and asset management subsidiary of FBN Holdings Plc, has partnered with the United States Agency for International Development (USAID) to deliver impactful community-focused initiatives.

The Youth-Powered Ecosystem designed to Advance Urban Adolescent Health program is implemented by Development Alternatives, Inc (DAI) Nigeria in Lagos State.

The bank believes the initiative is one that would ultimately drive economic growth and equip young adults with life-long skills.

Commenting on the partnership, Kayode Akinkugbe, managing director and CEO, FBNQuest Merchant Bank stated “we recognise programs such as these play a vital role as a catalyst for growth, and we remain committed to equipping our youth with the relevant skills needed to excel.”

“We will continue to work with reputable institutions to implement initiatives that will provide access and more opportunities for young leaders to contribute directly to building the Nigerian economy,” he added.

Read also: Union Bank’s Acquisition: Titan Trust Bank aims for market dominance, targets tier 1

Furthermore, the initiative will empower participants, between the ages of 15 and 19 to broaden their outlook on their future plans providing them access to skills, social capital, and resources needed to realise their aspirations through training and mentorship.

A representative from DAI said, “At DAI we are pleased to collaborate with a reputable organisation like FBNQuest to provide hope for the future of out-of-school adolescents that USAID through the Youth-Powered Ecosystem to Advance Urban Adolescent Health Project is programming for, especially through its livelihood trainings and empowerment.

FBNQuest’s contribution to the skill acquisition training of a few young ones will see many of them take charge of their lives.

FBNQuest Merchant Bank continues to practice its commitment to delivering people empowerment and financial literacy programs, through various partnerships such as its collaboration with EnterpriseNGR on their Youth of Enterprise (YOE) Initiative and Teach for Nigeria, a non-profit organisation committed to developing leaders and promoting educational development across the nation.