Empowering a Creative Future: Support Art Creation Mentorship and Education in Nigeria
Deutsche Bank today announced its support for Yinka Shonibare Foundation (Y.S.F.) and Guest Artists Space (G.A.S.) Foundation’s joint initiative to nurture the next wave of creative generations in Nigeria: Project Nexus.
Project Nexus is an ambitious residency and education programme designed to nurture and empower artists, art educators, art historians, and curators through a series of residencies, professional development workshops, and educational initiatives over three years. The project embodies the spirit of collaboration and cultural exchange that lies at the heart of both Foundations’ missions, aiming to encourage and cultivate artistic excellence and curatorial innovation.
From L-R: Belinda Holden (CEO, Y.S.F.), Christoph Woerman (CMO Corporate Bank, Deutsche Bank), Mary Findlay (International Art Curator, Deutsche Bank), and Yinka Shonibare CBE RA. Photographer: Andrew McLaughlin.
Part of Deutsche Bank’s wider global CSR programme, the 3 years support will benefit more than 150 African/Nigerian artists and local school children in Nigeria through the following activities:
Residencies for mid-career creative practitioners from Nigeria and the wider African continent, providing them with crucial time and space to develop their practice and engage with the local cultural community.
Focused mentorship and skill-building opportunities for rising local artists in Nigeria.
Workshops and training for school teachers and children at selected Primary and Art schools in Nigeria.
Vathany Vijayaratna, UKI CEO, Deutsche Bank (L) with Y.S.F. and G.A.S. Founder and Chair Yinka Shonibare CBE RA. Photographer: Andrew McLaughlin.
Andreas Voss, Chief Country Officer for Deutsche Bank in Nigeria, said:
"At Deutsche Bank we believe that arts and culture has the power to inspire creativity, empower learning and enable collaboration, sustainably and for the long term. Over the past decade, Yinka Shonibare CBE RA has done this, facilitating international cultural exchange and supporting creative practices through his Foundation and its residencies, collaborations and education projects. We look forward to working together to support the work of the Foundation in developing new work and ideas, fostering mutual understanding of cultural differences, building access and creating new pathways to education, forging new networks and a resilient cultural infrastructure and ultimately in Yinka’s words ‘enabling the next generation to thrive, not just survive."
Yinka Shonibare CBE RA said:
“In harnessing the power of collaboration and the generosity of visionary supporters, we are laying the foundation for a legacy that transcends generations. Together, we are forging a future where Guest Artists Space stands as a testament to the transformative potential of collective action.”
Yinka Shonibare's artwork is part of The Deutsche Bank Collection. 3 works are featured at Deutsche Bank's new London headquarters at 21 Moorfields in the city of London – Modern Magic VI, 2022 and 2 works from the Revolution series, 2013
From L-R: Siti Osman (Philanthropy & Patrons Manager, Y.S.F.), Okenna Nzelu (Deutsche Bank, Wealth Management Africa Market), Gerald Gorhan (Deutsche Bank, Director Wealth Management Africa Market), Yinka Shonibare CBE RA, Christoph Woerman (CMO Corporate Bank, Deutsche Bank), Vathany Vijayaratna (UKI CEO, Deutsche Bank), Mary Findlay (International Art Curator, Deutsche Bank), Belinda Holden (CEO, Y.S.F.), Magda Kaggwa (Comms & Projects Manager, Y.S.F.). Photographer: Andrew McLaughlin.
Deutsche Bank first established a presence in Nigeria in 1978. The representative office in Lagos supports and assists Deutsche Bank’s correspondent banking activities, which it offers to many Nigerian Financial Institutions. Deutsche Bank has also played key roles in various financial advisory and restructuring projects and in helping Nigerian counterparties raise finance.
YINKA SHONIBARE FOUNDATION AND GUEST ARTISTS SPACE FOUNDATION
Yinka Shonibare Foundation (UK) and Guest Artists Space Foundation (Nigeria) were established in 2019 by the eminent British-Nigerian Artist Yinka Shonibare CBE RA.
Yinka Shonibare Foundation (Y.S.F.) is a UK-registered charity (charity no: 1183321) that fundraises, develops international partnerships and programmes, and offers strategic support and oversight to Guest Artists Space Foundation (Nigeria). Guest Artists Space (G.A.S.) Foundation is a non-profit that delivers residencies and public programmes across two sites; one in the heart of the dynamic city of Lagos and the second on a rural working farm in Ijebu in Ogun State.
Disclaimers and disclosures
This release contains forward-looking statements. Forward-looking statements are statements that are not historical facts; they include statements about the bank’s beliefs and expectations and the assumptions underlying them. These statements are based on plans, estimates and projections as they are currently available to the management of Deutsche Bank. Forward-looking statements therefore speak only as of the date they are made, and Deutsche Bank undertakes no obligation to update publicly any of them in the light of new information or future events.
By their very nature, forward-looking statements involve risks and uncertainties. A number of important factors could therefore cause actual results to differ materially from those contained in any forward-looking statement. Such factors include the conditions in the financial markets in Germany, in Europe, in the United States and elsewhere from which we derive a substantial portion of our revenues and in which the bank holds a substantial portion of our assets, the development of asset prices and market volatility, potential defaults of borrowers or trading counterparties, the implementation of our strategic initiatives, the reliability of our risk management policies, procedures and methods, and other risks referenced in our filings with the U.S. Securities and Exchange Commission. Such factors are described in detail in the bank’s SEC Form 20-F of March 14, 2024, under the heading “Risk Factors”. Copies of this document are readily available upon request or can be downloaded from www.db.com/ir.
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Deutsche Bank today announced its support for Yinka Shonibare Foundation (Y.S.F.) and Guest Artists Space (G.A.S.) Foundation’s joint initiative to nurture the next wave of creative generations in Nigeria: Project Nexus.
Project Nexus is an ambitious residency and education programme designed to nurture and empower artists, art educators, art historians, and curators through a series of residencies, professional development workshops, and educational initiatives over three years. The project embodies the spirit of collaboration and cultural exchange that lies at the heart of both Foundations’ missions, aiming to encourage and cultivate artistic excellence and curatorial innovation.
From L-R: Belinda Holden (CEO, Y.S.F.), Christoph Woerman (CMO Corporate Bank, Deutsche Bank), Mary Findlay (International Art Curator, Deutsche Bank), and Yinka Shonibare CBE RA. Photographer: Andrew McLaughlin.
Part of Deutsche Bank’s wider global CSR programme, the 3 years support will benefit more than 150 African/Nigerian artists and local school children in Nigeria through the following activities:
Vathany Vijayaratna, UKI CEO, Deutsche Bank (L) with Y.S.F. and G.A.S. Founder and Chair Yinka Shonibare CBE RA. Photographer: Andrew McLaughlin.
Andreas Voss, Chief Country Officer for Deutsche Bank in Nigeria, said:
"At Deutsche Bank we believe that arts and culture has the power to inspire creativity, empower learning and enable collaboration, sustainably and for the long term. Over the past decade, Yinka Shonibare CBE RA has done this, facilitating international cultural exchange and supporting creative practices through his Foundation and its residencies, collaborations and education projects. We look forward to working together to support the work of the Foundation in developing new work and ideas, fostering mutual understanding of cultural differences, building access and creating new pathways to education, forging new networks and a resilient cultural infrastructure and ultimately in Yinka’s words ‘enabling the next generation to thrive, not just survive."
Yinka Shonibare CBE RA said:
“In harnessing the power of collaboration and the generosity of visionary supporters, we are laying the foundation for a legacy that transcends generations. Together, we are forging a future where Guest Artists Space stands as a testament to the transformative potential of collective action.”
Yinka Shonibare's artwork is part of The Deutsche Bank Collection. 3 works are featured at Deutsche Bank's new London headquarters at 21 Moorfields in the city of London – Modern Magic VI, 2022 and 2 works from the Revolution series, 2013
From L-R: Siti Osman (Philanthropy & Patrons Manager, Y.S.F.), Okenna Nzelu (Deutsche Bank, Wealth Management Africa Market), Gerald Gorhan (Deutsche Bank, Director Wealth Management Africa Market), Yinka Shonibare CBE RA, Christoph Woerman (CMO Corporate Bank, Deutsche Bank), Vathany Vijayaratna (UKI CEO, Deutsche Bank), Mary Findlay (International Art Curator, Deutsche Bank), Belinda Holden (CEO, Y.S.F.), Magda Kaggwa (Comms & Projects Manager, Y.S.F.). Photographer: Andrew McLaughlin.
For further information, please contact:
Deutsche Bank AG
Press & Media Relations
Mohanad Nahas
Phone: +971(0) 4 3611 754
E-Mail: mohanad.nahas@db.com
Yinka Shonibare Foundation
Magda Kaggwa
Phone: +44 (0) 7496212511
E-Mail: magda@yinkashonibarefoundation.com
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About Deutsche Bank Nigeria
Deutsche Bank first established a presence in Nigeria in 1978. The representative office in Lagos supports and assists Deutsche Bank’s correspondent banking activities, which it offers to many Nigerian Financial Institutions. Deutsche Bank has also played key roles in various financial advisory and restructuring projects and in helping Nigerian counterparties raise finance.
YINKA SHONIBARE FOUNDATION AND GUEST ARTISTS SPACE FOUNDATION
Yinka Shonibare Foundation (UK) and Guest Artists Space Foundation (Nigeria) were established in 2019 by the eminent British-Nigerian Artist Yinka Shonibare CBE RA.
Yinka Shonibare Foundation (Y.S.F.) is a UK-registered charity (charity no: 1183321) that fundraises, develops international partnerships and programmes, and offers strategic support and oversight to Guest Artists Space Foundation (Nigeria). Guest Artists Space (G.A.S.) Foundation is a non-profit that delivers residencies and public programmes across two sites; one in the heart of the dynamic city of Lagos and the second on a rural working farm in Ijebu in Ogun State.
Disclaimers and disclosures
This release contains forward-looking statements. Forward-looking statements are statements that are not historical facts; they include statements about the bank’s beliefs and expectations and the assumptions underlying them. These statements are based on plans, estimates and projections as they are currently available to the management of Deutsche Bank. Forward-looking statements therefore speak only as of the date they are made, and Deutsche Bank undertakes no obligation to update publicly any of them in the light of new information or future events.
By their very nature, forward-looking statements involve risks and uncertainties. A number of important factors could therefore cause actual results to differ materially from those contained in any forward-looking statement.
Such factors include the conditions in the financial markets in Germany, in Europe, in the United States and elsewhere from which we derive a substantial portion of our revenues and in which the bank holds a substantial portion of our assets, the development of asset prices and market volatility, potential defaults of borrowers or trading counterparties, the implementation of our strategic initiatives, the reliability of our risk management policies, procedures and methods, and other risks referenced in our filings with the U.S. Securities and Exchange Commission. Such factors are described in detail in the bank’s SEC Form 20-F of March 14, 2024, under the heading “Risk Factors”. Copies of this document are readily available upon request or can be downloaded from www.db.com/ir.