A leading Ghanaian insurance company, Hollard Group Ghana, has signed a Memorandum of Understanding (MoU) with the University of Cape Coast, UCC. This is to support the career development of students.

Dubbed ‘Hollard X Academia’ the three-year partnership which forms part of the company's social impact project has five modules.

Under the first module, Hollard will honour the most outstanding students of the University with a valedictorian prize. The prize shall include a citation, laptop and an undisclosed cash prize.

For the second module, the Insurance Company will within the agreed partnership period, award third and final year students (one each) with tuition grants under the Hollard Scholar Programme. Thirdly, there will be periodic mentorship seminars that will give both students and staff more research insights and offer them entrepreneurial inputs.

The fourth module - Hollard Corporate Experience – will offer students internship and National Service placement opportunities within the company.

‘Thought-leadership Events’ - the fifth module- is about organisation of annual events at UCC to feature relevant keynote speakers.

At a short signing ceremony, the Vice-Chancellor of UCC, Prof. Johnson Nyarko Boampong, who signed on behalf of the University, explained that the MoU underlined the official collaboration between Hollard Group Ghana and UCC.  He was of the firm conviction that the partnership would enable students tap into the expertise of the firm.

Prof. Boampong advised the Hollard Group Ghana not to make the MoU adamant. Instead, the Vice-chancellor urged the firm to make the agreement functional to benefit the two institutions.

For his part, the Managing Director of Hollard Group Ghana, Mr. Nashiru Iddrisu, who initialed for the firm, said the MoU would enable Hollard Group Ghana to add value to students to become entrepreneurs. He said he was optimistic that the MoU would be a win-win partnership between Hollard Ghana and UCC.

Source: Documentation and Information-UCC