Innocent Chukwuma Social Impact Chair, Youth Fellowship: Ford Foundation, LBS Establish $1million Endowment
Innocent Chukwuma, MD/CEO Innoson Motors
Celebrating this year’s Africa Youth Day, which took place November 1 of every year, the Lagos Business School (LBS) and Ford Foundation announced the establishment of the Innocent Chukwuma Social Impact Chair & Fellowship (ICSICF), an endowment designed to support youth in Nigeria.
According to a press statement by Lagos Business School, the initiative will be delivered by the LBS Sustainability Centre and is funded with a $1million grant from the Ford Foundation. This will provide perpetual funding to support the Chair and Youth Fellowship, as well as the writing and publication of a biography in honour of the late Mr Innocent Chukwuma who was particularly passionate about the need to support the next generation of leaders, especially in Nigeria.
“We are excited about this initiative which will advance Innocent Chukwuma’s legacy of social impact and support youth to be responsible leaders. We thank the Chukwuma Family and Ford Foundation for partnering with our institution to drive such a strategic programme” – said Professor Juan M. Elegido the Vice-Chancellor of the Pan-Atlantic University.
“Innocent Chukwuma was the immediate past Regional Director of the Ford Foundation Office for West Africa where he led the Foundation’s social justice work in the region for eight years. Throughout his career, Innocent Chukwuma was committed to the fight for human rights and this took expression in different forms, including his work to establish a law enforcement system that dignified people and included them in the policing of their communities, with a strong emphasis on criminal justice reforms,” the statement added.
“In addition to his human rights work, the statement added, “Innocent Chukwuma was committed to strengthening the civil society, a part of which was focused on leadership transition and succession planning. Towards the end of his term at the Ford Foundation, Innocent devoted his time to building the field of impact investing in Nigeria.
“Throughout his career, Innocent was dedicated to supporting young leaders, and his work imbibed the principles of anti-colonial, racial justice and feminist principles. He was committed to supporting the next generation of young leaders and worked closely with many young leaders to enable the growth and development of their work.
“Having begun his career as a young activist himself, Innocent understood the struggles of young leaders and believed that they were integral to development and political stability of West Africa.
“As an affirmation of Innocent’s efforts, several studies have shown that in order to develop, West Africa needs to invest in its burgeoning number of youth below the age of 30 who constitute a significant proportion of the region’s population. Expressing her joy at the establishment of the ICSICF, Innocent’s wife, Josephine Effah-Chukwuma, a Gender & Development Specialist & Women’s Rights Advocate, stated that “the Fellowship is a unique initiative that contributes to sustaining Innocent’s legacy of supporting the next generation of leaders to create social impact. On behalf of the children and I, I would like to thank the Ford Foundation and Lagos Business School. We look forward to supporting this initiative.”
The Innocent Chukwuma Social Impact Chair & Fellowship (ICSICF) is designed to facilitate the emergence and development of the next generations of visionary, dedicated and result-driven social impact and justice leaders in Nigeria. The young leaders should, in the long run, catalyse systems and sectoral transitions in Nigeria through their social change initiatives in communities and locations of impact, social enterprises, nonprofit organisations, research and influence on policy. The ICSICF is a perpetual initiative endowed through generous funding from the Ford Foundation and will be the first of its kind in Nigeria both in size and duration.
“The Ford Foundation, like Innocent, believes that empowering youth is an investment worth undertaking for the future of society. We are glad to support his legacy through this initiative which will enhance the leadership capabilities of young Nigerians and expand opportunities for them,” said Dr ChiChi Aniagolu-Okoye, Regional Director of the Ford Foundation Office for West Africa.
The Fellowship will be an interdisciplinary youth fellowship focused on Management (Social Innovation, Social Entrepreneurship and Nonprofits); Public Policy and Governance (Policing, security sector reforms and criminal justice administration); Impact Investing and International Development. The Lagos Business School has made a commitment as part of our strategic alignment for the next five years (2021 – 2025) to prioritize applied learning and research to solve social and institutional problems in Africa.
The statement stated further, “The Innocent Chukwuma Social Impact Chair & Fellowship is strategically aligned to the school’s mission to develop responsible leaders for Africa and we are honoured to have our Sustainability Centre host and manage the initiative in Innocent Chukwuma’s honour – said Prof Chris Ogbechie, Dean of the Lagos Business School To ICSICF will launch the first call for applications in January 2022 for young Nigerian innovators (18 – 30 years old) working in areas of public policy & governance, responsible management, social enterprise, impact investment and other key areas of development.”
For more information, please visit the LBS website at www.lbs.edu.ng or contact the LBS Sustainability Centre Team at sustainabilitycentre@lbs.edu.ng.
About The Ford Foundation
The Ford Foundation is an independent, nonprofit grant-making organization. For more than 80 years it has worked with courageous people on the frontlines of social change worldwide, guided by its mission to strengthen democratic values, reduce poverty and injustice, promote international cooperation, and advance human achievement. With headquarters in New York, the foundation has offices in Latin America, Africa, the Middle East, and Asia.
About The Lagos Business School
Lagos Business School (LBS) is the graduate business school of Pan-Atlantic University and was founded on inspiration from the teachings of St Josemaria Escrivá, the founder of Opus Dei. LBS offers academic programmes, executive programmes and short courses (customised to specific company needs, as well as open-enrolment courses) in management. Its offerings have been accredited globally and ranked among the best in Africa. Besides the quality bar set at world standards, LBS programmes also stand out because of the emphasis on professional ethics and service to the community.
The Lagos Business School Sustainability Centre is the first of its kind in Nigeria, the Centre is designed to refocus the relationship between organisations and their stakeholders by ensuring a consistent development of responsible business leaders, working with organisations on becoming positive change agents that incorporate sustainable practices in their operations, develop innovative products and services that transform their communities, protecting the environment while at the same time generating economic value.
