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Scotiabank has given the Ivey school at the University of Western Ontario Can$1.9m to create two leadership scholarships for MBA and undergraduate students at the Canadian school. The scholarships will be awarded on an annual basis.

The endowment is part of an ongoing relationship between the school and the bank in both executive education and recruitment. Scotiabank also sponsors an international case competition at Ivey which brings students from around the world to Canada to go head-to-head on some of the toughest business cases.

”At Scotiabank, we are particularly interested in investing in educational institutions that help students acquire the skills, tools and information they need to become leaders in a global economy,” says Sylvia Chrominska, executive vice-president, for human resources and public, corporate and government affairs at Scotiabank, and herself an Ivey graduate.

Copyright The Financial Times Limited 2017. All rights reserved.

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