As part of its Corporate Social Responsibility, Cytonn Investments Management Plc ‘Cytonn’ signed a Memorandum of Understanding ‘MoU’ with Moi University to provide mentorship and training to exceptional talent from the university through its Cytonn Young leadership Programme (CYLP). The partnership was officiated at the University’s Main Campus in Eldoret on the 9th of October by the Ag. Vice Chancellor Prof. Laban Ayiro and Cytonn’s Senior Human Resources Associate, Anne Wanjiru.
During the ceremony, Prof. Ayiro commended the step taken by Cytonn in increasing the employability of graduates through the programme. He noted that the initiative packaged the graduates to be absorbed by the job market through the rigorous intensive training that the graduates are offered through during the three months.
Patricia Wanjama, Partner and Head of Legal Services and Company Secretary at Cytonn was very confident of the partnership. She stated that the University’s vision and that of Cytonn were in alignment in that; Cytonn would receive the first hand opportunity to absorb the right talent on board, in pursuit of its Vision of being the leading Investments Manager in Africa.
This is the second partnership of its kind that Cytonn has formed with a local institution, the first being with University of Embu in May this year. The CYLP initiative is an intensive programme that is spread out over 12 weeks where a graduate is trained and immersed through all aspects in business disciplines and operations. This in turn prepares them for absorption into the job market by increasing their competitive edge.
The programme commenced in January 2015, with an inaugural class of 6 interns. To date, the programme has had over 480 young leaders from various universities across the country participating, with jobs being offered to 151 of the successful graduates of the CYLP programme. The progress of the CYLP graduates who leave at the end of the programme is tracked and most of them have a sharp start as they begin fulfilling careers.