Maybank launches first ever ASEAN-Maybank Scholarship programme, invests RM5m for intakes up to 2025

Maybank logoMaybank has collaborated with the ASEAN Secretariat to jointly introduce the ASEAN-Maybank Scholarship (AMS) programme 2022 – the first ever scholarship programme by a regional organisation in partnership with the ASEAN Secretariat.

The scholarship, which will involve an investment of some RM5 million for the initial intakes up to 2025, is part of Maybank’s continued commitment to invest in the future of ASEAN youth through education.

AMS is designed to provide young, talented and deserving ASEAN nationals, especially those from the lower income segment, with full scholarships to pursue their undergraduate education in prestigious universities outside their own countries, but within the ASEAN region. For the first intake of 2022, a total of three scholarships are being offered, which will progressively be increased to 10 a year by 2025 and thereafter.

Maybank Chairman, Tan Sri Dato’ Sri Zamzamzairani Mohd Isa, who is also Chairman of Maybank Foundation, said that Maybank was honoured to partner with the ASEAN Secretariat to launch the first intake for this scholarship programme to deserving students in the region.

“This is part of our commitment to invest in the future generation through education and help promote greater understanding among the people of ASEAN. It also aligns with our mission to humanise financial services and supports one of the four headline sustainability commitments in our M25 Plan, which is improving the lives of one million households across ASEAN by 2025.”

Tan Sri Zamzamzairani added that Maybank is hopeful the AMS scholarship programme would encourage greater intra- ASEAN integration by boosting educational links between its member countries. “It is designed to lay the foundation for a transformative cross-cultural experience that will have a far reaching effect on its beneficiaries.

This is why we have a target to sponsor 25 deserving students from 10 ASEAN countries by the year 2025. We hope the recipients will go on to positively impact their communities by becoming change makers and leaders, and contributing to the region’s economic and social development.”

Maybank News

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