Taking yet another momentous step towards supporting youth pursuing tertiary education, Sampath Bank signed a Memorandum of Understanding (MOU) with the Faculty of Management Studies of Rajarata University of Sri Lanka. Sampath Bank’s partnership with Rajarata University aims to promote the faculty’s research & development as well as training aspects pertaining to the subjects of Banking and Finance.
Under the terms of the MOU, candidates of Rajarata University’s Faculty of Management Studies will be offered with tailor-made courses and joint courses, in addition to internship opportunities at Sampath Bank. The candidates will also gain wider exposure to research and development in specific subjects by participating in research projects supported by Sampath Bank.
The staff of the partner institutions will also encourage resource sharing in terms of teaching, research and professional development activities. Furthermore, both institutions will benefit greatly from expert consultancy exchange programme, as and when required. Students and staff of Rajarata University’s Faculty of Management Studies as well as Sampath Bank staff will also gain immensely through the exchange of information pertaining to various subjects including banking and related areas as well as on issues affecting the industry.
Expressing his views on the matter, Mr. Aruna Jayasekera, Group Chief Human Resource Officer of Sampath Bank PLC noted, “We at Sampath Bank have always prioritised in empowering the future leaders. This five-year long partnership with Rajarata University will no doubt create an ideal platform to tap into a massive resource pool of expertise. And with the joint endeavours we intend to steer in the future, I believe that both institutions will be able to reap unprecedented rewards, and in turn consolidate the backbone of the nation – the banking and finance sector of Sri Lanka”.
Commenting on the occasion, Dr. B. A. Karunarathna – Vice Chancellor of Rajarata University of Sri Lanka stated, 'We're very happy to be a part of this resource sharing endeavour with Sampath Bank. As we approach the digital era with new technologies emerging in every sector, it is crucial for the financial sector to stay abreast in order to support and strengthen the county’s economy. Therefore, universities have a pivotal role to play in grooming the budding future leaders. I believe this collaboration will add momentum to the mutual learning process and in turn support and sustain the growth of both academia and the industry.'
Synergies drawn between public and private institutions will not only enhance efficiencies, but also spark innovation while greatly reducing costs. In line with the belief that public-private partnerships are the way forward for streamlining Sri Lanka’s development process, Sampath Bank intends to support future bankers and financial experts, paving the way for the country to attract more investment opportunities and yield greater benefits.