New RBC scholarship named after bank’s Harry Chisholm

RBC Royal Bank encourages Caymanian students interested in pursuing a career in banking to apply for the Harry Chisholm Scholarship.

This scholarship programme was founded in recognition of Harry Chisholm, former RBC vice president and country head, who retired in 2007 after 42 years of service with the company.

“I am pleased the scholarship has been made possible and I hope the recipient will benefit from it tremendously,” said Mr. Chisholm.

RBC and the Ministry of Education, Training and Employment have partnered together to offer one undergraduate student an award of up to $30,000 per year for up to four years to pursue a degree in finance, preferably at a college or university in Canada.

Current RBC Vice President and Country Head Jason Waters stressed the importance of higher education.

“At RBC, one of our community priorities is to provide access to higher education to deserving students, especially those who may not be able to afford an advanced degree due to financial constraints,” he said. “This scholarship fund supports that goal, while paying tribute to one of RBC’s great leaders.”

Scholarship applications are due by 15 June, 2011.

Scholarship applicants must meet the following eligibility criteria:

Have the right to be Caymanian as defined by Immigration Law

Have lived in the Cayman Islands for five years immediately prior to applying

Be at least 18 years of age or reach their 18th birthday during the academic year that studies commence for the scholarship

Meet academic requirements set forth by the scholarship guidelines

Provide proof of acceptance at an accredited and competitively ranked institution, preferably in Canada

Demonstrate a genuine interest in the Banking Industry

Possess good interpersonal and communication skills, work ethics and character

Express willingness to participate in a mentoring programme and undertake structured summer employment

As part of the scholarship package, RBC will provide training and a 12-week internship during the scholarship for the selected student.

To obtain an application or for more information on the scholarship guidelines, please contact the Ministry of Education, Training and Employment on 244-2417 or visit www.education.gov.ky

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