In April 2025, UOB and Wee Foundation pledged S$110 million to Nanyang Technological University (NTU). With government matching, the gift will create an endowment of up to S$275 million, supporting new education initiatives, and honouring the legacy of the late Dr Wee Cho Yaw.

UOB's gift to Nanyang Technological University (NTU) was formalised at a signing ceremony between UOB's Deputy Chairman and CEO, Mr Wee Ee Cheong (2nd from left) and NTU's President, Professor Ho Teck Hua (2nd from right).

The gift will fund three initiatives:

  • NTU Opportunity Grant, providing support for undergraduates with financial needs to live on campus, go on exchanges and pursue out-of-class learning
  • Uplift@NTU, a credit-bearing service-learning programme mobilising students to tutor and mentor children and youth from disadvantaged backgrounds
  • NTU Venture Creation Programme, where high-achieving students work in interdisciplinary teams on real-world problems in areas like AI and sustainability, with seed funding and up to S$100,000 for top teams to scale

Together, these programmes are expected to benefit up to 1,200 NTU students and around 1,500 community beneficiaries each year—a long-term investment in education to do right by our community.