CREDIT SUISSE GROUP AG 26.05.2021
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Anna Christensen
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Wake Tech
Michelle Fauver
+1 919 410 9931
mlfauver@waketech.edu
Wake Tech is the largest community college in North Carolina. It serves more than 70,000 adults each year across six campuses and three training centers, in addition to community sites and online learning options. Credit Suisse's grant will support the college's WakeWorks® Apprenticeship program, which offers strategic pathways to future workforce opportunities by enabling young people to learn new skills, gain access to employers, and earn credentials and income while doing so. The financial support will help the program to expand beyond its existing employer-sponsored model to offer young people from the local community the opportunity to secure an apprenticeship at a broader set of employers.
This investment is part of Credit Suisse's philanthropic commitment to Future Skills, which aims to equip young people with the skills and education needed to gain meaningful employment and fulfill their potential. While continuing to partner with organizations that prioritize college completion, we are also investing in additional pathways that enable strong career starts and upward mobility. This includes career integration into K-12 and post-secondary education along with quality two-year degrees, certifications and apprenticeships. This donation continues a multi-decade commitment by the Credit Suisse Americas Foundation to empower underrepresented young people. Through this and other partnerships, Credit Suisse upholds our responsibility to be more intentional about advancing diversity, equity and inclusion, internally and externally, by leveraging our platform and resources.
'We're very pleased to announce this support for Wake Tech, which represents Credit Suisse's first commitment to a community college and speaks to our confidence in their ability to help young people discover promising careers,' said Eric Eckholdt, Executive Director of the Credit Suisse Americas Foundation and Head of Corporate Citizenship Americas. 'The WakeWorks® Apprenticeship program is a critical local resource. The program offers students a pathway to a more promising career and is forging an important connection between the education and business sectors in Wake County. We're honored to provide funding that will help strengthen and expand this vital conduit.'
'We are grateful to the Credit Suisse Americas Foundation for the gift and for their outstanding support of our college and our community,' said Dr. Scott Ralls, President of Wake Tech Community College. 'At Wake Tech we sometimes use the phrase 'ladder economics' to refer to our college's approach to inclusive opportunity through education, training and career development. The support by Credit Suisse will make a difference by ensuring that apprenticeship opportunities are more readily accessible and more people in our communities have the opportunity to ladder into the outstanding job opportunities available today in our region.'
About Credit Suisse
Credit Suisse is one of the world's leading financial services providers. Our strategy builds on Credit Suisse's core strengths: its position as a leading wealth manager, its specialist investment banking capabilities and its strong presence in our home market of Switzerland. We seek to follow a balanced approach to wealth management, aiming to capitalize on both the large pool of wealth within mature markets as well as the significant growth in wealth in Asia Pacific and other emerging markets, while also serving key developed markets with an emphasis on Switzerland. Credit Suisse employs approximately 49,090 people. The registered shares (CSGN) of Credit Suisse Group AG, are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com.
About Wake Technical Community College
Wake Tech is North Carolina's largest community college, serving more than 70,000 adults annually, with six campuses, three training centers, multiple community sites, and a comprehensive array of online learning options. Wake Tech is accredited and offers more than 200 associate degrees, diplomas, and certificates that prepare students for university transfer or immediate employment. About half of those programs can be completed totally online. The college also offers short-term, non-degree training programs as well as small business support, customized corporate training, and basic skills courses such as English as a Second Language and high school equivalency preparation. Wake Tech also serves high school students at the Wake Early College of Health and Sciences, Vernon Malone College and Career Academy, and North Wake College and Career Academy, in partnership with Wake County Public Schools. For more information, visit waketech.edu or @waketechcc on social media.
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Credit Suisse Group AG published this content on 26 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 May 2021 13:02:07 UTC.
