Athene Holding Ltd. (“Athene”) (NYSE: ATH) and its subsidiary Athene Life Re, announced a new scholarship program in partnership with Bermuda College – the largest of its kind at the college.

The Athene Scholarship will be awarded to 10 students at Bermuda College each academic year starting in 2019 and will pay for the cost of each student’s two-year degree program and required books. Candidates must be pursuing degrees in any of the following fields of study: Accounting, Actuarial Science, Business, Economics, Finance, Human Resources, Information Technology, Insurance & Risk Management, Legal Studies or Mathematics.

The scholarships will be awarded based on academic merit and financial need, and recipients must demonstrate achievement of the minimum GPA requirement at the end of each semester to continue receiving support.

“Today’s announcement of 10 full scholarships for Associate Degrees in business-related studies supports Athene’s commitment to develop Bermudian talent,” said Chip Gillis, Executive Chairman of Athene Life Re. Ltd. “We are pleased with our internship and work study programs currently in place with Bermuda College and look forward to expanding programming in the coming years.”

Dr. Phyllis Curtis-Tweed, Vice President of Academic and Student Affairs, added, “On behalf of Bermuda College, I would like to thank Athene, and in particular Mr. Chip Gillis, for this profound investment in Bermuda’s future. The scholarship program will make a significant difference in the lives of the recipients as they pursue higher education. The work study programs and internships provide experiential learning that best equips students for success in the workplace. This partnership is of great benefit to our community.”

The Fall 2019 Athene Scholarship Candidates and their areas of study are as follows:

• Cairi D. Albuoy, Associate of Arts (Business Administration)

• Jordan L. DeSilva, Associate of Science (Computer Information System)

• Atiya A. Furqan, Associate of Science (Actuarial Science)

• Ne Quae Jones, Associate of Arts (Business Administration)

• Samaria L. Paynter, Associate of Arts (Business Administration)

• Nisha S. Smith, Associate of Science (Actuarial Science)

• Tanzania D. Thomas, Associate of Arts (Business Administration)

• Ken-nie Z. Trott, Associate of Arts (Business Administration)

• Skye C. White, Associate of Arts (Business Administration)

• Stefan L. Wilson, Associate of Science (Actuarial Science)

Along with the scholarship, Athene is working closely with Bermuda College to develop a paid internship program to help students gain necessary professional skills to fill the talent gap in the actuarial and financial services industry.

Scholarship recipients for the 2019-2020 academic year and their families will be honored at an upcoming reception.

• Press release from Athene Holding