Banco Nacional Ultramarino (BNU) has recently committed a donation of MOP 10,650,000 to support the teaching and academic research of the University of Macau (UM) via the University of Macau Development Foundation (UMDF). In appreciation of the donation made, a Chair Professorship in the Faculty of Business Administration of the UM will be named in honour of BNU. A cheque presentation ceremony was held in the UM Guest House, chaired by Wei Zhao, UM Rector, Daniel Tse, Chairman of the Executive Committee of the UMDF, Pedro Cardoso, Chief Executive Officer of BNU, and Ronald Kan, Executive Director of BNU.
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