The Family Office Global Market 2019: Key Players – HSBC Private Bank, Citi Private Bank, Northern Trust, Bessemer Trust

Wiseguyreports.Com Adds “The Family Office -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2024” To Its Research Database

PUNE, MAHARASHTRA, INDIA, August 23, 2019 /EINPresswire.com/ — The Family Office Industry

Description

The Family Office has been a great attraction since long back. The growing trend of the same show some positive signs. The facts and figures relating to market have been studied deeply by different reports and here are some of the important excerpt from the report. 

Gauging the market

The estimated value of the family office market valued the market at xx million dollars in the year 2016. The market is about to grow at a rapid pace of xx percent compounded annually. The following estimated compound annual growth rate is for the year 2016 to the year 2022. By the year 2022, the value of the family office industry will reach a staggering amount of xx million dollars.

Critical geographic locations

The family office industry is currently experiencing its golden years. The critical regions that will face the most significant growth are China. No doubt that the United States of America will be a major engine in the growth of the market, but the phenomenal growth of the industry will take place in China. The European Union comes next in the growth story, followed by the growth of other countries in the Asia Pacific regions.

The major players in the industry

The industry includes some of the world’s best names. The key players in the process include HSBC Private Bank (Hong Kong, London), Citi Private Bank (New York), Northern Trust (Chicago), Bessemer Trust (New York), Pictet (Geneva) and several other corporations in the industry.

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Segmentation in the industry

The family office industry can be segmented into three major categories. The primary categories include Single Family Office (SFO), Multi Family Office (MFO), and the Virtual Family Office (VFO). Each of them has a specialty of their own and will be affected by the boom in several ways. Majorly the Single-Family Office will grow into Multi-Family Office and so on. The segmentation has been done carefully so that no major entity is left alone.

Services for the end-users

The services offered by the family office for the end-users include a myriad of things. The key aspects of the industry are broken down into principal components like financial planning, strategic planning to the private investors, governance, and advisory issues for private entities. The family offices provide a range of opportunities, and these are some of the key services provided by the offices to their clients.

Scope of the report

The following report has been compiled keeping the global audience in mind. The report covers all the crucial aspects. From major markets to in-depth analysis of the various aspects of a family office, every part of the report has something meaningful to offer. The complete report gas has been broken down into key geographical areas.

Along with that, special attention has been given to key locations and the emerging markets. India plays an emerging state too. With the major reforms taken by countries all over the world, the importance has been laid on how the money is exchanged all across the growth, key partnerships and latest decision-making process.

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Source: EIN Presswire

Global Lotion & Moisturizer Market Share, Supply, Analysis and Forecast to 2024

WiseGuyReports have announced the addition of a new report titled “2019 Global and Regional Lotion & Moisturizer Market Research Report Forecast 2025”.

PUNE , MAHARASHTRA, INDIA, August 23, 2019 /EINPresswire.com/ — Report Description:

A lotion and a moisturizer are both skincare products used for hydrating and healing the skin. A lotion and a moisturizer differ in their composition and their consistencies but the main purpose for using both is the same, i.e., rejuvenation of the skin. Nowadays, with people being more conscious about skincare and beauty, there is a high probability of an increase in the demand for lotions and moisturizers in the market.

Moistutrizers come in many forms. Of these, lotions are the lightest with the greatest water content and the thinnest consistency. These are easily absorbed into the skin and feel lighter than the other forms. Most facial moisturizers come in this form. Creams and ointments are other popular forms in which moisturizers come. Moisturizers are good for the skin as they help the skin in retaining moisture and prevent it from being dry and scaly.

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Market Segmentation

The global lotion and moisturizer market has been segmented on the basis of product type and end-use or application.

Based on the product type, the global lotion and moisturizer market has been segmented into moisturizing type, refreshing type, and others.

On the basis of end-use or application, the global lotion and moisturizer market has been segmented into adults and babies.

View Detailed Report at : https://www.wiseguyreports.com/reports/4328665-global-lotion-moisturizer-market-report-2019-market-size

Global Lotion & Moisturizer Market Report 2019 – Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Lotion & Moisturizer industry. The key Venders of the report:

Olay
Alba Botanica
Avalon Organics
Aveeno
Cetaphil
Clarins
Crabtree& Evelyn
For more information or any query mail at sales@wiseguyreports.com

About us:

Wise Guy Reports are a part of the Wise Guy Research Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the global.

Contact Us:

NORAH TRENT

sales@wiseguyreports.com

Ph: +1-646-845-9349 (US)

Ph: +44 208 133 9349 (UK)

NORAH TRENT
Wise Guy Reports
841-198-5042
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Source: EIN Presswire

Texas-based Simply NUC Fuels Rapid Growth of Mini Computers and Lands High on Inc. 5000 List

The Company Ranks No. 4 in the Computer Hardware Segment with a Three-Year Revenue Growth of 1790%

ROUND ROCK, TEXAS, UNITED STATES, August 22, 2019 /EINPresswire.com/ — Inc. magazine last week revealed that Simply NUC is No. 234 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.

“We have a vision of a mini computer at every endpoint in the world and I am very proud of all the hard work my team has put in to make us the fourth fastest growing computer hardware company in the country,” said Aaron Rowsell, CEO, “we are both excited and humbled to be so high up on such a prestigious list.”

Not only have the companies on the 2019 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The 2019 Inc. 5000 achieved an astounding three-year average growth of 454 percent, and a median rate of 157 percent. The Inc. 5000’s aggregate revenue was $237.7 billion in 2018, accounting for over 1.2 million jobs over the past three years. Simply NUC outpaced the average of the “elites” at an astonishing 1790% putting the company at #234 in the US, #18 in the state of Texas, and #4 in the country in the Computer Hardware segment.

Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.

“The companies on this year’s Inc. 5000 have followed so many different paths to success,” says Inc. editor in chief James Ledbetter. “There’s no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities.”

About Simply NUC, Inc.

Formed in 2015 and headquartered in Round Rock, Texas, Simply NUC®, Inc. is an Intel® Platinum Level Technology Provider specializing in the NUC platform. Simply NUC provides fully configured, warrantied, and supported NUC systems to businesses and consumers, as well as end-to-end NUC project development, custom operating system installations, and NUC accessories. For more information about Simply NUC please visit www.simplynuc.com

About the Inc. 5000 Media

Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 20,000,000 today. For more information, visit www.inc.com.

John Deatherage, CMO
Simply NUC, Inc.
+1 503-708-3343
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Source: EIN Presswire

Boathouse Capital Completes Growth Investment in Leading Marketing Data Company, AnalyticsIQ

Leading Data Innovator, AnalyticsIQ, Receives Investment from Boathouse Capital

Marketers and advertisers rely heavily on AnalyticsIQ's data to better target customers in an increasingly complex cross-channel landscape.”

— Chong Moua, General Partner at Boathouse Capital

WAYNE, PA, UNITED STATES, August 22, 2019 /EINPresswire.com/ — Boathouse Capital is pleased to announce that it has completed a growth investment in AnalyticsIQ, ("AIQ" or the "Company") a marketing data and predictive analytics innovator. The capital will be used to fuel future business growth and continued product innovation.

Based in Atlanta, GA, AnalyticsIQ leverages a blend of publicly available data and proprietary predictive analytics capabilities to assist blue-chip brands with their customer segmentation and people-based, cross-channel targeted advertising. The company’s unique blend of third-party data and custom algorithms empowers both B2B and B2C marketers to predict the future behaviors, needs and desires of their target audience. Data science teams even have the ability to license AnalyticsIQ’s proprietary algorithm to utilize in-house and apply to their own data sets.

“AnalyticsIQ uses a scientific, psychological approach to create innovative marketing data and provide analytics solutions to improve marketing performance,” states Dave Kelly, CEO of AnalyticsIQ. “I’m extremely proud of the product we have built thus far and am eager to work with the entire Boathouse team, including Chong, to help our company scale to the next level.”

AnalyticsIQ’s flagship offering, PeopleCore, provides companies the most robust and accurate consumer data. AnalyticsIQ's leading marketing data base and predictive audience segments are built upon:
• Over 100 public and proprietary data sources
• Key demographic data points
• Transactional purchase data across product categories
• Self-reported survey data from a high-quality panel validated by a team of analysts and PhDs

Ultimately, the data helps marketers better understand the psychology behind the purchasing decision of their customer base. For business marketers, BusinessCore is the company’s B2B marketing database, which is also built upon the company’s signature cognitive psychology approach. The business data provides information available at the both business and professional level for purchase style, background, and communication preference.

Most importantly, the company puts consumers and their data privacy first, with transparent data collection, linkage and opt-out processes. Advertisers can rest assured they are reaching their right customers across channels in a privacy compliant manner.

"AnalyticsIQ has built an impressive analytics platform, validated by many of the major marketing data players,” remarks Chong Moua, General Partner at Boathouse Capital. “Marketers and advertisers rely heavily on the company’s data to better target customers in an increasingly complex cross-channel landscape. I look forward to being a part of the next phase of the company's growth.”

To learn more about AnalyticsIQ innovative marketing data, visit https://analytics-iq.com.

###

About AnalyticsIQ
AnalyticsIQ is a leading predictive analytics and consumer and business marketing data innovator. We are the first data company to consistently blend cognitive psychology with sophisticated data science to help marketers understand how and why consumers make decisions. Our accurate and comprehensive PeopleCore consumer database provides unrivaled insights to advertisers, agencies and technology providers. For B2B marketers, the BusinessCore database delivers rich insights on both businesses and individual professionals. Our data helps brands fuel personalized experiences across channels including direct mail, email, online, mobile and TV. Headquartered in Atlanta and recently named one of Georgia’s Top 10 most innovative companies, AnalyticsIQ’s team of data analysts, scientists, and cognitive psychologists have over 100 years of collective analytical experience and expertise. For more information, visit www.analytics-iq.com and follow us on Twitter @AnalyticsIQ.

Brienna Pinnow
Blinc on behalf of AnalyticsIQ
+1 347-948-5824
email us here


Source: EIN Presswire

Seniors Can Protect Their Social Security Monthly Income with a Life Settlement

Harbor Life Settlements can help seniors add to their financial resources so that their monthly Social Security income expenses.

AUSTIN, TX, USA, August 22, 2019 /EINPresswire.com/ — Seniors Can Protect Their Social Security Monthly Income with a Life Settlement

Harbor Life Settlements can help seniors add to their financial resources so that their monthly Social Security income can continue to be used for day-to-day expenses.

The Need for an Additional Cash Resource in Retirement
Even when seniors have carefully saved money for a rainy day, unexpected expenses can crop up. Even expenses that were planned for, can be more costly than anticipated. It's important to take steps to support retirement income; to ensure that day-to-day and additional financial responsibilities can be met. Even with Social Security Cost of Living Adjustments, there will likely be a need to protect fixed retirement income and accumulated savings. What's needed is another cash resource that seniors can access to pay for long-term care and other expenses. This additional source of cash can take the pressure off their Social Security and other monthly income, so those sources can continue to be used for everyday expenses. Finding an additional cash resource can be difficult – that's where a life settlement can help.

Learn What a Life Insurance Policy is Worth in Cash
Harbor Life Settlements wants every senior to know what his or her life insurance policy is worth in cash. Harbor Life can help people sell their life insurance policies for a one-time cash payment. This payment can be potentially up to 70% of the policy death benefit. This cash payment can make a substantial difference in seniors’ lives; it can help free them from financial worries and allow them to keep or improve their present standard of living.

If seniors want to know more about how to get a valuation of their life insurance policy, there are a few simple steps to follow. Once this process is complete, policyholders can get a cash offer in just a few weeks. Harbor Life Settlements can usually get the offer to policy owners more quickly than if the owners pursued the issue on their own.

Here's how it works:
A senior requests a policy valuation. Harbor Life first establishes the senior's eligibility. Usually to qualify for a life settlement, an individual needs to be at least 70 years old and have a policy that is worth at least $50,000. Then Harbor Life collects information on the type of policy, plus a review of the owner's health status. Harbor Life reviews all of this information and then if everything is in order, it underwrites the policy.

This next phase of the process offers a lot of benefits for the policyholder. Harbor Life Settlements will present the policy to brokers, who will then take it to providers. The providers are the ones who will make cash offers for the policy. If a policyholder were to try to get cash offers on his/her own, it would take considerably longer, and it would not be certain that a viable cash offer would be received. Harbor Life works with specific partner brokers who shop the policy to as many providers as possible, which drives the price of the policy up, giving the senior more money.

Another great benefit that Harbor Life Settlements offers is a big time saver – there's no need for an individual to sift through a variety of offers, looking for the best one. It's Harbor Life's job to review the offers and present the most competitive one to the policyholder.

The entire life settlement process can take months if pursued on one’s own, or with other life settlement companies. Harbor Life Settlements' extensive industry experience can help seniors receive a competitive cash offer for their policies in as little as a few weeks. This expediency can be a life changer; as mounting long-term care bills and other expenses in retirement can put pressure on seniors' fixed monthly income.

Seniors Can Receive a Free Valuation of Their Life Insurance Policy
Harbor Life Settlements encourages all seniors to learn the value of their life insurance policy in cash. There's no obligation to sell. Harbor Life will provide a free valuation, so seniors can see what their policy is worth. Some seniors decide to get the valuation, and keep the information in mind, should they wish to sell at a later date. Others decide to go ahead and sell now, allowing them to relieve the stress that comes with high life insurance premiums and the strain that those can put on already thinly stretched Social Security and other monthly income.

For more information on Harbor Life Settlements' free life insurance policy valuation, please contact:

Contact Harbor Life
Jessi Grogan
jessi@harborlifesettlements.com
(800) 694-0006
+1 (800) 694-0006
https://www.harborlifesettlements.com/contact/

About Harbor Life
Harbor Life Settlements has over 30 years of experience in the industry, gaining them a reputation as a trusted source for those looking to sell their insurance policy for cash. Their qualified agents understand the complexities of the industry and are ready to consult with policyholders about any questions they may have. Visit their website for a free estimate or to learn more about the various services they provide, including life insurance policy valuations, viatical settlements, and life settlements.

Jessi Grogan
Harbor Life Settlements
+1 800-694-0006
email us here


Source: EIN Presswire

The SafeCare Group Launches AI Software to Improve Medication Safety

Improve Medication Safety

Improve Medication Safety

SafeCare Applied Intelligence

SafeCare AI – Intelligent Healthcare

Artificial intelligence software offering predictive insights to aid proactive real-time decision support and target opportunities to improve medication safety”

— Yisrael Safeek, MD, MBA, CEO and Chairman, The SafeCare Group

LEXINGTON, KENTUCKY, USA, August 22, 2019 /EINPresswire.com/ — The SafeCare Group® has launched the SafeCare AI™ Suite, a comprehensive Artificial Intelligence (AI) software suite to aid proactive real-time decision support and target opportunities of care to improve medication safety.

“Medication-related reactions account for up to 106,000 deaths in the United States annually,” stated Yisrael Safeek, MD, MBA, CEO and Chairman, The SafeCare Group. “In a review from 2007, adverse drug reactions were found to occur in 6.1 percent of all hospitalizations. Of these, 46 percent were preventable. The national cost of preventable in-hospital events alone has been estimated to be more than $US 2 billion annually.”

SafeCare AI software is able to extract and process valuable insight from EMR data in real-time, close to the data source, to transform it into knowledge to support instantaneous decision-making while improving medication safety.

Dr. Safeek stated, “The SafeCare Group invested heavily into AI to realize game-changing clinical, operational, and financial opportunities for hospitals. With SafeCare AI software suite, hospitals can admit patients, identify in real-time patients at risk, and initiate treatment interventions with proactive real-time decision support throughout the stay. SafeCare AI Suite allows hospitals to focus on outcomes, not administrative duties, while reducing cost.”

Leveraging machine learning and deep-learning capabilities, SafeCare AI Suite fosters a new generation of AI applications, which are able to sense, reason, act and adapt, to address a range of healthcare challenges in areas such readmissions, medical errors, infections, cost, and outpatient utilization.

There are SafeCare AI applications to:
• Reduce Redundant Care
• Cut Avoidable Readmissions
• Lower Hospital Charges
• Reduce Inpatient Mortality
• Prevent Hospital Infections
• Predict Sepsis Progression
• Improve Medication Safety

SafeCare AI Suite can be purchased as a standalone software platform or together with other software applications that can help hospital rankings.

About The SafeCare Group®
The SafeCare Group® was founded in 2010 and its motto is “Innovating, Disrupting, Transforming” healthcare. Since 2016, The SafeCare Group invested heavily into Artificial Intelligence (AI) software known as SafeCare AI to realize game-changing clinical, operational, and financial opportunities for hospitals. Since 2014, SafeCareSoft® SaaS solutions enable hospitals to take advantage of disruptive healthcare software known as Softwaring Healthcare Excellence® that optimize hospital ratings and regulatory accreditation. Since 2013, The SafeCare Group has provided the 100 SafeCare Hospitals® rankings. For more information about The SafeCare Group, visit www.safecaregroup.com

Sarju Bharucha, JD
The SafeCare Group
800-700-9481
email us here
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Intelligent Healthcare – SafeCare AI Improve Medication Safety


Source: EIN Presswire

Triton Agriculture is the growing partner in a 300 acre Industrial Hemp farm in California

BAKERSFIELD, CALIFORNIA, UNITES STATES, August 22, 2019 /EINPresswire.com/ — Triton Agriculture, LLC is the growing partner in a 300 acre Industrial Hemp farm in CA for CBD oil and biomass production. Travis Copeland, co-managing member added “The 300 acres is to demonstrate proof of concept for bringing modern industrial farming techniques to the industrial hemp industry. Our target in 2020 is to expand to a minimum of 1,000 acres directly and up to 5,000 acres through growing partners across the country.”

Triton Ag’s ( https://tritonagriculture.com/) strategy is to grow through strategic farming and processing partners to expand the standardization of the growing through the extraction process. The quality of the hemp is critical so purchasers can rely on the uniformity of the final product. Travis commented, “Expanding through growing/farming partners allows us to gain the scale we feel will be critical for the future while standardizing the processes and procedures of the end product for the processors. With a market expected to grow past the $13 billion dollar mark in 2026 and surpass the cannabis market scaling up is critical.”

Triton has partnered with Green Leaf Hemp Ventures, Inc (https://greenleafhempventures.com/) as its capital and investment partner for this 300 acre farm. Travis added” Having a capital partner removes the financial constraint to take advantage of new opportunities in a very early stage of an amazing new agricultural industry.”

With the entry of major retailers and manufacturers from CVS Pharmacy to Budweiser, the CBD industry from Industrial Hemp will be a growing new opportunity for the agricultural entrepreneur.

To find out more about partnering with Triton Ag as a grower or processor check out https://tritonagriculture.com/

About Triton Agriculture
Triton Agriculture was formed in 2018 with over 30 years of farming and growing history to bring modern farming methods to a new agriculture industry.

Travis Copeland
Triton Agriculture, LLC
email us here
+1 888-991-2750


Source: EIN Presswire

BridgeBond–Securities Crossed the 480 Million Euro Revenues Before the End of 2019

BridgeBond securities fixed income investments

BridgeBond-Security Switzerland

BridgeBond–Securities revenues Crosses 480 Million Euro and open a New opportunity for private Non EU Investors to Join its fixed income investments programs.

ZURICH, SWITZERLAND, August 22, 2019 /EINPresswire.com/ — BridgeBond – Securities has crossed the 480 million Euro benchmark in revenues since JAN 2019 thanks to their short-term investment strategy. The bond received a five-star overall Euroswiss Rating™ from among 117 funds in the Multisector Bond Fund Category as of July 31st, 2019 based on its risk-adjusted returns. BridgeBond-Securities investors hold the high return to its investors considering the minimal risk and high liquidity which allows private investors to join Fixed Income Investment programs. With legacy of trust since 1964, BridgeBond-Securities is one of the most established and reliable Swiss short term financing firms. The firm provides a wide range of solid investment opportunities targeting international investors.

The big news is in addition to crossing the 480 Million Euro benchmark, BridgeBond – Securities in Switzerland opened the gate to private international and non Euro citizens and allows them to join Fixed income investment programs. For the implementation of the international activity expansion BridgeBond – Securities which function as a leading Euro asset management and investment of the Brookfield asset management, a highly experienced Banker and economist was hired.

Mr. Jeffrey Cornell has 18 years of investment and financial markets experience. Prior to joining BridgeBond-Securities, Mr. Jeffrey Cornell was an Associate and Partner at Pacific Investment Management Company (PIMCO) in the Product Strategy group. There he covered securitized products and other mortgage-related investments. Before PIMCO, Mr. Jeffrey Cornell was an Investment Banking Head of credit risk Analysis at Barclays in the Securitized Products group, where his work encompassed a variety of Non-Agency RMBS and ABS origination and advisory assignments.

Mrs. Sabine Walker
.
45 152 69 09
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Source: EIN Presswire

Crowdfunding Market 2019 Industry Analysis, Share, Growth, Sales, Trends, Supply, Forecast to 2025

This report covers market characteristics, size and growth, segmentation, regional breakdowns, competitive landscape, market shares, trends and strategies

PUNE, INDIA, August 22, 2019 /EINPresswire.com/ —  A new report added to the online inventory of Wise Guy Reports (WGR) reveals the global crowdfunding market size, status and forecast till the year 2025.

Crowdfunding is a popular concept these days where the funds are raised through social media for various personal and social causes.

The report reveals size of the global Crowdfunding market and analyses the status and forecast of the market in the regions of United States, EU, Japan, China, India and Southeast Asia.

The report precisely covers the competitive state of the Crowdfunding market and the ongoing trends in its manufacturing landscape. It recognizes some of the key vendors as well as emerging players in the market.

For Free Sample Report, click Here @  https://www.wiseguyreports.com/sample-request/3076617-global-crowdfunding-market-size-status-and-forecast-2025

The report is based on the popular crowdfund raising organisation/websites such as Gofundme

Indiegogo

Kickstarter

Patreon

Tilt

CircleUp

Angel List

RocketHub

Dragon Innovation

YouCaring

CrowdRise

DonorsChoose

Kiva

FundRazr

GiveForward

Causes

Fundable

Crowdfunder

FirstGiving etc.

Global Crowdfunding Market Size, Status and Forecast 2025 : Regional Analysis

The report is based on Regions/Countries and focuses on the regions of United States, EU, Japan, China, India Southeast Asia etc.

Global Crowdfunding Market Size, Status and Forecast 2025 : Segment Analysis

The global crowdfunding market is categorised based on the segment and the type of fund. There are various types of crowd funds collected for various reasons which can be categorised asPeer-to-peer (P2P) Lending, Reward-based lending, Equity Investment, Donation, Other etc.

……Continued

NORAH TRENT
WISE GUY RESEARCH CONSULTANTS PVT LTD
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Source: EIN Presswire

Lebanese Community Endows $1.5m MBA Scholarship for Nigerians in AUB

Pix from left: Mr Elias Nicolas, Consul General of Lebanon; Mr Ajibola Olubando, 2019 Lebanese Nigeria Initiative scholarship awardee and Mr. Ali Safieddine, Vice-Chairman, LNI at the presentation of first LNI Scholarship program awardee held at the Leban

The good relationship between Nigeria and Lebanon has been strengthened with the endowment of a scholarship scheme by the Lebanese Nigeria Initiative (LNI)

LAGOS, NIGERIA, August 22, 2019 /EINPresswire.com/ — The good relationship between Nigeria and Lebanon has been strengthened with the endowment of a scholarship scheme by the Lebanese Nigeria Initiative (LNI), a not-for-profit association by the Lebanese community in Nigeria to award full MBA scholarship to two young Nigerians every year at the prestigious American University Beruit( AUB).

The MBA scholarship endowment worth $1.5m will enable two Nigerians attend AUB every year for life, except if the university which is about 300 years old ceases to exist.

Speaking at the media presentation of Mr. Ajibola Olubando as the first beneficiary of the LNI MBA scholarship in Lagos, the Consul General of Lebanon in Nigeria Mr. Elias Nicolas said the scholarship scheme which adds " to other economic and social development contributions of the Lebanese community in Nigeria " is aimed at further strengthening the existing friendly relations between the two countries. According to the Consul General, the Lebanese community has always seen itself as part of the social fabric of Nigeria, noting that the current program is a sign of its commitment towards the educational upliftment of young Nigerians. He thanked the Chairman of LNI, Mr. Faysal El Khalil and other members of the Board of Trustees for their huge efforts in birthing this noble project.

Mr. Nicolas said Lebanon at the crossroads of three continents and many civilizations along history accommodates several internationally recognized higher institutions with AUB at the top having produced several high calibre scientists, heads of states and prime ministers around the Middle East and beyond.

In his remarks at the event, Mr. Ali Safieddine, Vice-Chairman Lebanese Nigeria Initiative said the endowment was conceived to identify young Nigerians who can acquire requisite knowledge from global institutions who would be willing to come back and invest same in Nigeria for the benefit of the country. Mr.Sefieddine who traced the history of first Lebanese to settle in Nigeria to 1880, thanked Nigeria for giving them opportunity to live peacefully within the communities to do business, saying that this spirit of unity was part of what informed the life MBA endowment fund at American university of Beirut.

He said the beneficiaries while at the American University of Beirut would be ambassadors of Nigeria in Lebanon and when they are back, would be ambassadors of Lebanon in Nigeria as they would be sufficiency immersed in the two culture.

Speaking on the criteria for selection, Mr.Safieddine said the candidate emerged out of numerous applicants who must satisfy the stringent admission requirement of AUB and also be ready and willing to return to Nigeria to use his education to impact the society. He said lots rigour went into the process of selection of the candidates who were interviewed by a panel of the LNI and AUB before it was narrowed to four from which a candidate emerged.

The LNI MBA scholarship awardee, Mr. Ajibola Olubando , a Petroleum and Gas Engineering graduate of University of University of Lagos, while thanking LNI for the opportunity to study at AUB, said he will use his global education to impact Nigerian society on graduation.

Achi Celestine
Digitalprwire
+234 803 719 7175
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Source: EIN Presswire