UOB raises $2.4 million for charity with 1,500 clients, through the Bank’s annual Lunar New Year Celebrations

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    27 January 2023

     UOB’s Chief Executive Officer, Mr Wee Ee Cheong (middle) with winning bidders Mr Kelvin Lim (second from left) and Mr Neo Kah Kiat (second from right) alongside Mr Eric Lian, UOB’s Head of Group Commercial Banking (extreme left) and Mr Frederick Chin, UOB’s Head of Group Wholesale Banking and Markets, at a fundraising gala dinner on 26 January 2023.

     

    Singapore, 27 January 2023 – UOB has partnered with some 1,500 clients to raise $2.4 million for charity as part of its Commercial Banking’s annual Lunar New Year festive celebrations.

     

    The funds, raised through a series of art workshops and a fundraising gala dinner with clients, will be donated to various charities to support the arts, children, as well as educational causes. These include The Business Times Budding Artists Fund, The Straits Times School Pocket Money Fund and Central Singapore CDC (UOB My Digital Bootcamp). The proceeds will also go towards assisting local small and medium-sized enterprises in their innovation efforts under the UOB-Singapore Management University Asian Enterprise Institute.

     

    Mr Wee Ee Cheong, Deputy Chairman and Chief Executive Officer, UOB, said, “Our fundraising activities bring businesses together for the greater good to support children, artists and budding entrepreneurs. We hope this annual tradition that combines art, philanthropy and celebrations will spread festive joy to the broader community in a meaningful way. We are grateful to our clients for their generosity in making this happen year after year.”

     

    As part of the fundraising efforts, two art pieces featuring finishing touches from Mr Wee and his seal, were auctioned off to Mr Kelvin Lim and Mr Neo Kah Kiat for a bid of $283,888 and $200,000 respectively. About 40 clients also participated in an art workshop as part of the fundraising effort.

     

    Titled “Everlasting Fortune”, the first art piece is assembled with elements of preserved natural moss and pine leaves, creating a magnificent landscape display symbolising longevity, good fortune and well-being.

     

    The other piece is a commissioned contemporary artwork – titled “Harmonious Fortune” – by artist Karina Delicia Simon. It features an abstract bonsai tree with round leaves against a skyscape and sun, with a stroke of gold underneath representing wealth. The round leaves represent harmonious solidarity within the family, while the skyscape and sun indicate spring skies, signifying growth and good fortune.

     

    Digital representations of the two art pieces, or non-fungible tokens, were also created and given to their respective bidders.

     

    Mr Kelvin Lim, Executive Chairman and Group Managing Director of LHN Group, said, “Every Lunar New Year, I look forward to UOB’s fundraising drive and am happy to be part of this meaningful initiative. We appreciate UOB’s commitment to making this an annual tradition during the festive season as we give back to the community and do our part, while reconnecting with our business peers.”

     

    Mr Neo Kah Kiat, Founder, Chairman and Chief Executive Officer of Neo Group Limited, said, “UOB’s annual fundraising activities during Lunar New Year is a time of reunion for all of us, as it brings businesses together to lend our support to those who need our help. We are glad to be part of this effort in supporting the community.”

     

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    About UOB
    UOB is a leading bank in Asia. Operating through its head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, UOB has a global network of around 500 offices in 19 countries and territories in Asia Pacific, Europe and North America. Since its incorporation in 1935, UOB has grown organically and through a series of strategic acquisitions. Today, UOB is rated among the world’s top banks: Aa1 by Moody’s Investors Service and AA- by both S&P Global Ratings and Fitch Ratings.

     

    For nearly nine decades, UOB has adopted a customer-centric approach to create long-term value by staying relevant through its enterprising spirit and doing right by its customers. UOB is focused on building the future of ASEAN – for the people and businesses within, and connecting with, ASEAN.

     

    The Bank connects businesses to opportunities in the region with its unparalleled regional footprint and leverages data and insights to innovate and create personalised banking experiences and solutions catering to each customer’s unique needs and evolving preferences. UOB is also committed to forging a sustainable future through working with its stakeholders to create positive environmental impact, fostering social inclusiveness and pursuing economic progress. UOB believes in being a responsible financial services provider and is steadfast in its support of art, social development of children and education, doing right by its communities and stakeholders.

     

    For media queries, please contact media@uobgroup.com 

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