Andy Palmer announces apprenticeships plans
Dr Andy Palmer, president and group chief executive of Aston Martin Lagonda, announced plans to create the Palmer Foundation, a privately-funded programme to create industrial apprenticeship opportunities for young people in the UK.
Andy, who began his own automotive career as an apprentice, has undertaken to fund the scheme, which will also be supported by existing shareholders, members of the senior management team at Aston Martin Lagonda and Hitomi Palmer, wife of the CEO.
Andy said, ‘Young people can struggle to get on the first rung of the career ladder, so we are creating the Palmer Foundation to help get them ‘on the ladder’ and into high quality apprenticeships.’
Working with partners including the Rio Ferdinand Foundation, the Palmer Foundation will provide a pathway for youth development by inspiring young people and providing the tools they need to tap into their natural talents and reach their potential.
The charitable foundation will operate independently of the apprenticeship scheme at Aston Martin Lagonda.
‘Apprenticeships provide a kick-start to a young person’s chosen career,’ said Andy. ‘They offer relevant experience, specialist guidance and support as the apprentices study for recognised qualifications, whilst building useful industry contacts. Vitally they can also earn while they learn.’
Details of the scheme and its launch schedule are to be announced later in the year.