The National University of Singapore (NUS) has honoured renowned policy maker and corporate leader, Professor J Y Pillay through the establishment of two distinguished professorships, a fellowship and bursary at the Yale-NUS College (Yale-NUS), as well as a research centre at the NUS Global Asia Institute (NUS-GAI).
The new initiatives are made possible through generous gifts, amounting to S$12.9 million, from a group of donors comprising corporations and private individuals, and led by Singapore Airlines and Singapore Exchange. A total of S$11.9 million will go towards supporting new initiatives at Yale-NUS and S$1 million will support the new research centre at NUS-GAI. With the government’s matching grant, these initiatives will be supported with a total funding of up to S$49.6 million.
Said NUS President Professor Tan Chorh Chuan, “NUS is very grateful for the generous donations that have enabled the University to honour Professor J Y Pillay, a remarkable Singapore pioneer who will serve as a role model for our students now and those to come. Our goal is for the high-impact programmes established through these gifts to serve the needs of Singapore, as well as the Asian and global communities.”
Prof Pillay, who has recently been appointed as Rector of the third and latest residential college at NUS University Town (UTown), is perhaps best known for his role in transforming national carrier Singapore Airlines from a company with a modest fleet of 12 aircraft into a world-class enterprise.
Prof Pillay’s distinguished career includes appointments as Permanent Secretary of various key ministries, including finance, defence and national development. His leadership role also extended to Singapore Exchange, where he became its founding chairman in 1999.
Prof Pillay, who is also an Adjunct Professor with the Lee Kuan Yew School of Public Policy at NUS, said, “I am humbled by this honour and deeply appreciative of the generous gifts from the many donors. I am confident that the NUS community will benefit from the initiatives at the Yale-NUS College and the NUS Global Asia Institute that are made possible by this gesture.”
The donors are: Singapore Airlines; Singapore Exchange; Binjai Tree; Mr Low Check Kian; Dilhan Pillay Sandrasegara; Mr Tan Kwang Kherng, John; ACR Capital Holdings; Allen & Gledhill; Deutsche Bank; Mr Nicholas Kong; and Schroder Investment Management (Singapore) Ltd. Some donors chose to remain anonymous.
To know more about making a gift to NUS, please call Ms Ho Yuen Kwan at 6516 5755 or email firstname.lastname@example.org.