Maybank has given the Asia School of Business (ASB) RM 21 million endowment to establish the Maybank Asean Research Centre, which will conduct research on subjects relating to rising markets in Southeast Asia.
The endowment is founded on the belief that boosting social welfare can lead to better policy making.
The MIT Sloan School of Management and Bank Negara Malaysia have teamed up to form ASB (BNM).
Datuk Nora Manaf, co-chair of the Maybank Asean Research Centre, who officiated the opening, stated that data and information are critical in generating insights that guide policymakers in responding quickly to crises, improving economic development, and increasing resilience to future shocks.
“With Maybank’s generous funding, we will continue to receive more relevant data, conduct informative research, and stimulate intellectual debates that will help to build a better future for future generations and the progress of the emerging world,” she said.