On Thursday 22nd September, we celebrated the 16th year of the City of London Business Traineeship Programme with The City of London Corporation. The celebration evening, held at Markel International, commended students and employers that have demonstrated an outstanding performance throughout the internship programme.
Jeffrey Mountevans, Lord Mayor of the City of London, was welcomed at the event to congratulate participants on the programme and present the prestigious employer and trainee awards.
Global investment banking and asset management firm, William Blair was awarded Employer the Year with judges being particularly impressed with the in-depth experience that the trainees had during their time at the company.
“Developing talent is a priority for William Blair. The young professionals we work with through the programme with The Brokerage continue to make us proud and foster our culture of learning and development,” said Matt Gooch, head of European investment banking.
Recent research undertaken by the Chartered Management Institute (CMI) found that many young people feel it’s difficult to get the experience they need to get the job they want. The findings revealed that just 51% of 16-18-year olds say that their school offers work experience, compared to 64% of those now aged 19-21.
Schemes such as the City of London Business Traineeship Programme enable young people in London to get the relevant and meaningful work experience they need to be able to succeed in the workplace.
Marsh, a global leader in insurance broking and risk management, scooped the Employer Newcomer of the Year award after taking on a group of ten trainees who were placed in divisions across the business.
Project Champion, an award that focusses on a specific individual that has gone above and beyond to support the trainees placed at their firm, went to Rebecca Reynolds at law firm DWF.
The City of London Business Traineeship Programme helps state school students from the City’s neighbouring boroughs to develop the skills needed for a successful career in the Square Mile by providing them with 6-13 week paid internships at around 25 of the City’s most prestigious businesses. Around 100 young people gained internships this year after participating in a competitive employer-led recruitment process.
20 year old Barkhadle Yusuf from Camden, who completed his internship at DWF, was named Trainee of the Year whilst Westminster teenager Samy Radwan was awarded Highly Commended Trainee of the Year for his time spent within the Global Markets division at Société Générale.
For more information on the City of London Business Traineeship scheme, please click here.