Banco Nacional Ultramarino (BNU) has committed a donation of MOP 10.65 million to establish an endowment fund in the University of Macau Development Foundation (UMDF), with the aim of supporting both teaching and academic research of a chair professor in the Faculty of Business Administration (FBA) at the University of Macau (UM).

In appreciation of this generous contribution, the FBA has created a chair professorship in honour of BNU. It is the first named chair professorship at the university.

Prof Jacky So, dean of the FBA and director of UM’s Asia-Pacific Academy of Economics and Management (APAEM) has been appointed the BNU Chair Professor of Finance. Prof So has more than thirty years of proven record of distinction in teaching and accomplishments in academic research. He has served in various academic positions in Macao, Hong Kong, and the United States. In the future, Prof So will carry this designated title on all official occasions related to the university as well as in academic publications.

For more than a century, BNU has been promoting the harmonious development of the Macao society through significant contributions to local schools and universities in the form of student scholarships. It has also spared no effort to support cultural and athletic events and to assist those in need through partnerships with leading charities.