Mr. Dominic Ng is the recipient of the 2015 United Way Tocqueville Award, the highest international honor for an individual volunteer.
Mr. Ng is the chairman and CEO of East West Bank and has been a member of the corporate board of United Way of Greater Los Angeles (UWGLA) for more than a decade. His vision and passion have positively influenced the diversity of services and philanthropic endeavors of UWGLA.
As the first Asian-American chair of the United Way campaign, Mr. Ng steered UWGLA in raising a record $66 million in 2000-2001. He increased the number of Chinese-American donors and encouraged a different approach to building stronger communities by funding smaller, minority-serving agencies. In 2008, he helped create the “quality of life index”, a crucial tool for better assessing the challenges that Los Angeles residents face and developing lasting solutions to the challenges.
Under Mr. Ng’s leadership, East West Bank has also raised millions of dollars for the “Creating Pathways Out of Poverty” initiative, which helps individuals and families get on more solid financial ground. Through this initiative, half of the 3,000 adults who completed classes on financial education improved their financial habits within six months and over 44,000 individuals and families filed free tax returns under the Volunteer Income Tax Assistance Program.