An Australian bank that provides general insurance, life insurance, broking services, and other financial services has lent its support for raising well-educated, agile leaders with strong communication skills for the seventh consecutive year.

The Commonwealth Bank of Australia (CBA) has donated $50,000 to the Emerging Leaders Scholarship at the University of Bahamas this week.

The $50,000 fund injection, which brings the $1.6bn bank's donation to the program it created to $350,000, will go into providing scholarships to students who show leadership potential and choose to study economics, finance, or other disciplines that prepare them for business, social, or political decision-making roles, Live Tradings News reported.

“This is the seventh time we have donated to the Emerging Leaders program and just as the institution has evolved from college to university, we have watched, with satisfaction, the respect for leadership training gain significance in higher education,” said Denise Turnquest, Sr. VP credit risk at CBA said.


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