NORTHERN TRUST EXPANDS ITS PHILANTHROPY IN MALAYSIA

Financial Support Announced for Teach For Malaysia

KUALA LUMPUR, Malaysia, Aug 24 (Bernama-BUSINESS WIRE) -- Leading financial services company Northern Trust (Nasdaq: NTRS) is expanding its philanthropy efforts in Malaysia aligned with its vision to create more equitable opportunities to achieve long-term financial success for those who too often face hurdles because of their race, ethnicity, gender, geography or socio-economic conditions.

Northern Trust will donate funds to Teach For Malaysia, a not-for-profit organization that works towards ensuring educational excellence in schools especially in rural and underprivileged communities.

“Our philanthropic focus at Northern Trust covers four key pillars: education, food, healthcare and housing,” said Shana Hayes, global head of corporate philanthropy at Northern Trust. “It is our belief that supporting educational equity and persistence inspires the fullest realization of professional achievement. We have been inspired to support the work of Teach For Malaysia as they seek to create education equity in Malaysia, supporting the development of young people to fulfil their highest potential.”

In the last decade alone, Northern Trust has contributed more than $160 million to support non-profit and non-governmental organizations around the world. Examples of global corporate philanthropy initiatives include supporting a program that provides shelter for neglected children in India and ensuring mental and physical health services reach vulnerable populations in London.

“Our business across Asia Pacific continues to evolve in terms of capabilities and clients,” said Angelo Calvitto, head of Asia Pacific, at Northern Trust. “Expanding our philanthropy efforts in this key regional market is a strategic imperative ensuring we not only support the communities in which we live and work today, but help create sustainable futures by supporting education initiatives for next generations.”

“We are delighted to receive this support from Northern Trust,” said Chan Soon Seng, CEO at Teach For Malaysia. “We believe it is only through our collective efforts that education inequity will end and collaborating with partners such as Northern Trust in Malaysia who share our values and beliefs will help enable us to continue our work to evolve the education system.” 

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