…Ghana participates in first-ever global running event along the Belt and Road
Standard Chartered Bank Plc has re-echoed its commitment to advance the cause of the Belt and Road initiative, after committing, in 2017, additional financing for Belt and Road projects of at least US$ 20 billion by 2020.
So far, the bank has been involved in more than 50 Belt and Road deals worth more than US$ 10 billion across a range of products and services.
The Belt and Road Initiative is a development strategy adopted by the Chinese government involving infrastructure development and investments in 152 countries and international organizations in Europe, Asia, Middle East, Latin America and Africa.
The bank’s subsidiary in Ghana, last week announced the launch of the Standard Chartered Belt and Road Relay, the first-ever global running event spanning the Belt and Road initiative. The Relay aimed to highlight the bank’s continued commitment to Belt and Road, and the positive impact of the initiative to communities and businesses globally.
The Relay was led by eight staff athletes from Standard Chartered, selected from the Bank’s diverse footprint across Asia, Africa, the Middle East, Europe and the Americas. These athletes participated in running events across 44 Belt and Road markets within a 90-day period.
In Ghana, which is the 32nd country to host the Standard Chartered Belt and Road Relay, the athletes participated in a 10km run at the University of Ghana, Legon.
The Belt and Road initiative is core to Standard Chartered.
The relay drew attention to the One Belt and One Road global trade links across Asia, Africa and Europe.
“We have a presence in 45 markets along the 65 Belt and Road initiative country more than any other bank. This means we are uniquely positioned to demonstrate our rich heritage, deep local knowledge and unparalleled connectivity across our markets,” said Jerry Agyeman-Boateng, Executive Director and Head, Global Subsidiaries.
“By traversing these markets on foot and engaging local clients, media and communities, our Relay reiterates Standard Chartered as the preeminent Belt & Road Bank,” Agyeman-Boateng stated.
The Standard Chartered Belt & Road Relay kicked off in Hong Kong on February 17, 2019, and made a stop in Ghana on April 18. The relay will conclude in China on May 11 after the Belt and Road Forum.
Mrs. Mansa Nettey, CEO of Standard Chartered Bank Ghana Limited said, “We are very excited to be participating in the first-ever Belt & Road Relay. The Belt and Road Initiative is strongly aligned to the footprints of the Bank with its deep-rooted history across Africa, Asia and the Middle East. As a key market in the African region, Ghana has been a supporter of the Belt and Road initiative since its inception and is very well positioned to help clients leverage on the Belt and Road opportunities.”
By Joshua W. Amlanu
