World’s Young Bankers Compete to Solve Climate Emergency

  • 12 January 2021
  • News | Press release | Young Banker of the Year

The 2021 edition of the most prestigious annual event for leading Young Bankers has been launched today and for the first time in its 30 plus years history, it will be truly global.

The organisers, the Chartered Banker Institute, are inviting nominations from its 30,000 members, and more widely across the globe from individuals and international banking institutions (including building societies, credit unions and fintechs).

In the run up to COP26, in Scotland, in November, we are also delighted to have the United Nations Environment Programme Finance Initiative (UNEP FI) as supporters of the competition.

Founded in 1987, the Chartered Banker Young Banker of the Year competition aims to showcase tomorrow’s leaders in banking. The challenge set for entrants is designed to test their capacity to generate new ideas and improve outcomes for their organisation’s customers, colleagues and communities. This year, entrants are asked to develop ideas which clearly demonstrate responsible and sustainable banking.  

Contestants are asked to develop a proposal in response to the following question:

"What idea would you implement in your organisation to improve outcomes for customers, colleagues, and communities? Your idea should reflect your vision for the future of the industry and be consistent with the UN Sustainable Development Goals.

Following initial judging and Semi-Finals, the Grand Final will be held in the run up to COP26 in the autumn. Four finalists will present their proposals to a judging panel composed of senior industry figures and the Young Banker of the Year 2021 will be presented with a trophy and a voucher for an overseas holiday for two.

Tippie Malgwi from Arbuthnot Latham & Co, Winner of 2020 Young Banker of the Year, commented:

“The entire experience has been incredible and has significantly elevated my profile, both within Arbuthnot Latham & across the industry. In a year where certain sectors of society have been especially vulnerable, the Chartered Banker Institute platform has been invaluable in championing my banking solution for people living with disabilities and serious injury. To anyone who is considering applying for Young Banker of the Year 2021, I’d say ‘go for it’ – your idea might just be what the banking industry’s been waiting for!”

Simon Thompson, Chief Executive of the Chartered Banker Institute, added:

 “I’m delighted to launch the 2021 edition of the Chartered Banker Young Banker of the Year, supported for the first time by the United Nations Environment Programme Finance Initiative (UNEP FI).  Our Young Banker of the Year competition identifies and showcases the best ideas, from the best and brightest young bankers, to deliver responsible and sustainable banking for our customers and communities aligned with the Paris Agreement and the UN Principles for Responsible Banking.  The creativity, drive and enthusiasm of our young bankers can help us build back better globally, and I look forward to seeing the ideas for creating shared prosperity for current and future generations put forward by our contestants this year.”

Simone Dettling, Banking Team Lead, UNEP FI further added:

“The Principles for Responsible Banking are about creating a banking sector in the service of society. They are about using banking products and services to help tackle humanity’s greatest environmental and social challenges and with that create a sustainable future. And that is exactly what the Chartered Banker Institute’s Young Banker of the Year competition is about, too – smart, creative minds using the tools they have at their disposal as bankers to provide solutions for sustainability challenges and enable change. We at the UN Environment Finance Initiative (UNEP FI) are thus proud to help bring young bankers from all corners of the world to this competition.”

[ENDS]

 

For further information contact:

Matthew Ball, Head of Public Affairs, Chartered Banker Institute
Tel: +44 (0) 7720 684226 E-mail: matthew.ball@charteredbanker.com

For further information about our Young Banker of the Year 2021 Competition please visit: www.charteredbanker.com/youngbanker Entries will close on 26th March 2021