‘Gateway to the City’ apprenticeship scheme opens doors for young people

The London Stock Exchange (LSE) has partnered with charity City Gateway to launch a new apprenticeship scheme, ‘Gateway to the City,’ which offers young people the chance to work with some of the biggest companies in finance.

Standard Chartered, Societe Generale and Allianz Global Investors, along with the LSE, have taken on 12 people aged between 16 and 24 this month.  Credit Suisse, Pinebridge Investments and Vanguard Asset Management have signed up to provide the training for the year-long scheme, which includes an NVQ in business administration.

Eddie Stride, the head of the charity, said the scheme opened “a new gateway between careers in the City and the local community. London needs more employers to create meaningful apprenticeships with a view to a career and we hope more employers will follow suit.”

Xavier Rolet, chief executive of the LSE, said: “One of London’s great qualities is the diversity of its population, and fully harnessing this makes great business sense. As an organisation we are delighted to launch this important new programme for young people, and I wish all those taking part the greatest success.”