FDH Bank plc has announced K300 million package for the Mayor’s Trophy for a period of three years for Inter- City Mayor’s Trophy and Mayors Trophies for three cities Zomba, Mzuzu and Lilongwe.
This means K100 million every year.
Out of K100 million, K44 million is for the Inter-City Mayor’s Trophy whereas K22 million is for Lilongwe Mayors Trophy every year.
Mzuzu and Zomba Mayors Trophy have been allocated K17 million each per year.
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Speaking during the unveiling ceremony in Lilongwe Friday, FDH Bank Managing Director Noel Mkulichi said the bank is committed to youth and primary schools’ sports development in the country.
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“We have seen the tournament grow and we have seen the talent flourish as well as its positive impact on the youth. We are committed to nurturing and facilitating growth of the youth in Malawi.
“We are creating opportunities and platforms for the youth in primary schools to show case and grow their talent. We are also building healthy and strong youth and future leaders,” he said.
Mkulichi said the bank raised their investment into the Inter-City and Mayors Trophies after so many success stories since 2018.
“We introduced the Inter-City Mayors Trophy fully funded by FDH Bank plc to bring together champions from the four cities to foster community growth and interaction as well as further challenge the youth to explore their talents,” he said.
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In addition, Mkulichi commended Zomba City Council and Matiya Primary School for utilising prize money for Inter-City Mayors Trophy to build modern toilets at the school.
Deputy Director of Sports in the Ministry of Youth and Sports Mary Waya hailed the bank for being true partner in the development.
“We are really excited with FDH Bank investment into youth and sports. We appeal to other companies to emulate the gesture shown by FDH Bank,” Waya said.
On his part, Lilongwe City Mayor Richard Banda said the Mayors Trophy has exposed talent.
“This is a good opportunity for the youngsters to showcase their skills and talent,” Banda said.
The bank has been sponsoring the trophies since 2018.
Apart from grassroots trophy, FDH Bank are official sponsors of Malawi National Football Team and also sponsor FDH Bank Cup.
