Page 10 - UNITEN AR19

Message from the Management
As we know, the Malaysian Education
Blueprint 2015-2025 (Higher Education)
has highlighted that Malaysia will need to
deliver quality higher education to almost
twice as many students, if it is to fulfil the
Ministry’s aspiration to provide greater
access to higher education. At the same
time, universities are also expected to
strengthen their income generation
management through diversification of
revenue streams, while staying focused
on their core education missions. One
of the important sources of income
that has been identified is endowment.
We have successfully developed
UNITEN Endowment Fund Ecosystem
comprising Yayasan Canselor UNITEN
(YCU), Tabung Amanah Zakat UNITEN
(TAZU), Alumni Endowment Fund (ALEF)
and Dana Wakaf Ilmu (DWI), which links
past, current and future generations
to support our educational mission in
ANNUAL REPORT 2019 | Universiti Tenaga Nasional
perpetuity. UNITEN aims to achieve
cumulative endowment funds worth
of RM104 million by 2025 to support
student aid, initiate pioneering research,
develop stronger teaching programs,
invest in new technologies, and
maintaining our Information Resource
Centre (IRC), laboratories, and other
physical assets. To date, we are proud
to announce that our accumulated
endowment fund is amounting to RM94.1
million.
UNITEN has had another year of considerable growth
and achievement, consolidating our position both in
Malaysia and on the global stage. This is attributable to the
continuous guidance of our Chancellor, His Excellency Tun
Dato’ Seri Utama (Dr.) Haji Abdul Rahman bin Haji Abbas,
Head of State of Penang, generous support of our parent
company, TNB and the strategic direction provided by our
Board of Directors. I offer my gratitude and congratulations
to students, staff, alumni, community partners and other
stakeholders for the extraordinary level of commitment
to spur UNITEN on to further heights of achievement.
UNITEN will be an iconic institution generating creative,
innovative and energetic professionals leading discovery
for a better and brighter future.
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