Helping Indigenous youth succeed through scholarships, access to mentors
TORONTO, June 19, 2015 /CNW/ - Providing funding for education removes
the biggest barriers to graduation for Indigenous youth. But, it takes
a village to position students for success. A recent study by Indspire, a charitable organization that invests in the education of Indigenous
people, notes the importance of engagement between students and
parents, educators, communities, government, and the private sector.
CIBC, a long-time supporter of Indigenous initiatives, not only funds
scholarships and bursaries but also mentorship programs, such as
Indspire's Rivers to Success that helps students transition into the workforce. In the last three
years alone, CIBC has contributed more than $3 million to help
Indigenous communities, including a commitment of over $1-million to
various Indspire programs.
"I have the utmost respect for Indspire and the mentoring program," says
Josh Thomas, a member of Snuneymuxw First Nation from Nanaimo, B.C.,
who connected through Rivers to Success with a mentor from CIBC, Pradeep Mathur, that led to a summer internship
at the bank's Toronto head office.
"Being paired with Pradeep helped me learn how to handle myself
professionally, hone my interviewing skills, learn more about the
banking industry, and most importantly, gave me the confidence to think
big and accept the challenge of moving to a big city to pursue a
career," he says.
In addition to nearly a quarter century of support for Indspire, CIBC
has several internal programs that support people from the Indigenous
community, such as its Pathfinders program which matches new hires with
current Indigenous employees in their first three months of employment.
"At CIBC, we strongly believe that education and mentorship go
hand-in-hand to building a stronger, more prosperous and compassionate
country," says Laura Dottori-Attanasio, CIBC's Chief Risk Officer and
Diversity and Inclusion Executive Champion. "We are proud to invest in
vital programs like Rivers to Success that will inspire and assist Indigenous young people to reach their
Last month, CIBC contributed $175,000 to the University of Regina to
establish the CIBC Aboriginal Bursary for students pursuing degrees in
Business Administration, Economics and Computer Science. The bank has
also supported other Indigenous organizations and programs, including
Frontiers Foundation, Boundless Adventures, Canadian Feed the Children,
Let's Talk Science and Wabano Centre for Aboriginal Health.
Led by its Aboriginal Employee Circle, CIBC will mark National
Aboriginal Day and Aboriginal History Month this June with special
events at CIBC locations in Toronto.
CIBC is a leading Canadian-based global financial institution with 11
million personal banking and business clients. With a strategic focus
on Kids, Cures and Community, and employee commitment to causes,
including the Canadian Breast Cancer Foundation CIBC Run for the Cure,
the CIBC Children's Foundation and United Way, we are investing in the
social and economic development of communities across the country. In
2014, CIBC contributed more than $42 million to 1,780 charitable and
non-profit initiatives in over 420 communities. You can find other news
releases and information about CIBC in our Media Centre on our
corporate website at www.cibc.com.
SOURCE Canadian Imperial Bank of Commerce
For further information:
Caroline Van-Hasselt, Media Relations, 416-784-6699 or firstname.lastname@example.org