City Financial Firms Win Award For Bolstering London Kids Onto The Career Ladder

Sept. 27, 2011 - PRLog -- At last night’s annual City of London Business Traineeship Awards, City financial firms Société Générale and Mitsubishi UFJ Securities International (MUSI) were recognised for their commitment in providing paid summer work placements to young Londoners from some of the UK’s most deprived boroughs.

Bringing together the brightest young City sparks of the future, the awards were hosted by the Lord Mayor of the City of London Michael Bear at Deutsche Bank, London Wall. The event marked the culmination of this year’s City of London Business Traineeship scheme, a programme funded by the City of London Corporation and delivered by the Brokerage Citylink. This summer, 26 firms in the Square Mile provided over 100 paid work placements, ensuring that high value work experience is available to all, regardless of background.

Having welcomed 12 young trainees to their Square Mile offices, Société Générale won the accolade of Employer of the Year. They heavily invested time and resources in their trainees to help them maximise the opportunity, preparing an array of both individual and group projects. MUSI welcomed a large number of trainees (6) in their first year as a host firm, contributing to the ever expanding reach of the City of London Business Traineeship scheme.

Lord Mayor of the City of London Michael Bear, comments, “The employment market is currently a daunting landscape, especially for young people. It is the role of the City to provide opportunities for bright young people, from perhaps more challenging backgrounds, to ensure they reach their full potential. Both Société Générale and MUSI are exemplary examples of this kind of support in action; not only are they helping their local communities but they are also helping to ensure that the City continues to attract top talent.”

Part of a series of initiatives which bridge the gap between the City and City-fringes, the City of London Business Traineeship scheme is funded by the City of London Corporation and delivered by the Brokerage Citylink.

For more information on the City of London Business Traineeship scheme, please visit:
www.cityoflondon.gov.uk/urbanregeneration

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The City of London Corporation
As the body providing local government services to the Square Mile, the City of London Corporation’s primary role is to support and enhance the business City – a world-leading international financial and related business services centre. The City of London Corporation is also committed to working with its neighbours to support the regeneration of local communities. The City of London or “Square Mile” shares its borders with some of the country’s most deprived boroughs where unemployment remains high. The City of London Business Traineeship programme brings together these two objectives; helping the City to attract high calibre, well motivated staff able to meet its skill needs, whilst also looking to local sources to attract talented individuals as future members of the workforce.
www.cityoflondon.gov.uk

The Brokerage Citylink
The Brokerage Citylink is a well established charity, working in partnership with City employers to help residents from the Boroughs close to the City access jobs in the City, its fringes and Docklands. The Brokerage Citylink has been delivering the City of London Business Traineeship programme on behalf of the City of London Corporation since 2000.
www.thebrokerage.org.uk\cbt