--California State Treasurer John Chiang, Huntsman Corp CEO Peter Huntsman and CTBC Bank Address Collaboration to Fill Gaps in Communities, Education and Healthcare
LOS ANGELES, Dec. 13, 2016 (GLOBE NEWSWIRE) -- California State Treasurer John Chiang, Huntsman Corporation CEO Peter Huntsman and CTBC Bank today addressed the opportunity for stepped up collaboration among business, government and philanthropists at the bank’s annual year-end event. CTBC Bank’s signature Customer Appreciation Luncheon, which invites top clients and leading community members, was held at the Jonathan Club in downtown Los Angeles.
“At CTBC we have made corporate social responsibilities an important part of our business strategies,” said Chao-Chin Tung, Chairman of CTBC Bank. "We are proud of the continued commitment that the bank has made to serve and give back to its local communities. In the United States, this includes our long-standing global partnership with the Huntsman Cancer Foundation and our more recent partnership with USC’s Rossier School of Education.”
The program also included opening remarks by State Treasurer Chiang and a Q&A “Fireside Chat” with Peter Huntsman led by Noor Menai, President and CEO of CTBC Bank USA.
Highlight remarks of the event’s program included:
- State Treasurer Chiang: In addressing government’s role in collaboration: “We have a huge inequality problem in California, and we need to close the gap between high education attainment and low education attainment. To close this gap, we are going to have to build greater partnerships with non-profit institutions in philanthropy.”
- Peter Huntsman: “There must be an environment that favors philanthropy and it’s absolutely essential that the public and private sectors work together.” On individual commitments, Huntsman added: “Don’t wait until you’re wealthy to be generous.”
- Noor Menai: “When traditional sources of assistance, opportunity and infrastructure meet disruption or fall short, some corporations and non-profit organizations play a larger role than people realize.”
Last month, the company released its CTBC Bank Survey: Philanthropy & Business, which explored the personal motivators behind why and how households with incomes of at least $250,000 donate and how they take into account a company’s charity with their consumer dollars when investing, spending or deciding on taking a job.
The foreword of the CTBC philanthropy report was written by Jon M. Huntsman Jr., Chairman of the Huntsman Cancer Foundation and former U.S. Ambassador to China and former Governor of Utah. CTBC consulted experts from the University of Southern California and University of California, Los Angeles for survey development and analysis of the report findings.
In addition, earlier this year, CTBC announced an additional major donation to the Huntsman Cancer Institute, a major American cancer center dedicated to Changing the DNA of Cancer Care.
About CTBC Bank Corp. (USA)
CTBC Bank USA is a trusted and established institution providing commercial and retail customers with a real financial bridge to the next state of their lives and businesses. Founded in 1989 and headquartered in Los Angeles, CTBC Bank operates branches in California, New Jersey, and New York. The bank’s operations include deposits, loans, credit cards, foreign exchange, letters of credit, wealth management, mobile, and electronic banking services. Customers benefit from access to large bank resources coupled with individual attention and customized service of a small bank. Its parent company, CTBC Bank Co. Ltd., is supported by nearly $110 billion in assets and is among the largest banks in the world in terms of capital. For more information about CTBC Bank, visit www.ctbcbankusa.com.