Home > Alumnus funds transformative exchange programme
Alumnus funds transformative exchange programme
30 Aug 2017 - 15:00
From left) Vice-Chancellor Dr Max Price, Prof Chris Styles, Mrs Gail Kelly and Prof Ingrid Woolard by Je’nine May
The Gail Kelly Global Leaders Scholarship will provide the opportunity for Australian and South African undergraduate students to be part of a transformative exchange programme between the University of New South Wales (UNSW) and UCT.
Gail Kelly is Australia’s most powerful woman in finance and one of the world’s most influential businesswomen. She had a very successful run as the CEO of Westpac, the second-largest bank in Australia, from 2008 until her retirement in 2015. In 2014, she was listed by Forbes as the 56th most powerful woman in the world. She is also an adjunct professor at UNSW.
Kelly completed a Bachelor of Arts degree and a Higher Diploma in Education at UCT in the late 1970s. On Thursday, 24 August, she returned to her alma mater to bring a new opportunity for students in the Faculty of Commerce and at the UNSW Business School.
She was received on campus by Vice-Chancellor Max Price, who hosted a lunch in her honour at Glenara. The lunch was attended by other members of staff, including Deputy Vice-Chancellor Professor Mamokgethi Phakeng and senior representatives from the Faculty of Commerce, the Development and Alumni Department and the International Academic Programmes Office (IAPO). Kelly was accompanied on her visit by the dean of the UNSW Business School, Professor Chris Styles.
The Gail Kelly Global Leaders Scholarship will provide the opportunity for Australian and South African undergraduate students to be part of a transformative exchange programme between UNSW and UCT. The programme will be centred on the study of business and the exploration of a foreign economy and culture.
Kelly has donated AUD$1 million (approximately R10 million) for the exchange programme. Each student will receive AUD$20 000 (approximately R200 000) for the student’s semester of exchange. The first scholarships will be awarded in the second semester of 2018.