NBM pumps K1 million into Bam golf tourney


By McDonald Chapalapata, contributor:

National Bank of Malawi (NBM) plc donated K1 million to go towards Bankers Association of Malawi charity golf tournament scheduled for September 25.

NBM Pensions Administration Limited Chief Executive Officer William Mabulekesi said they responded positively to Bam’s call for support for the charity golf tourney because it is in line with the bank’s corporate social investment (CSI) policy.


“Bam will hold a charity golf tournament to raise funds for the purchase of desks, learning materials for Nkope Secondary school in Mangochi. So, when this news reached us, we thought we should step forward and make our contribution towards this event. As the Bank of the Nation, we believe that, for development to take place, a nation should have well educated citizens, hence our support to this golf tournament which is aimed at raising funds to improve education standards,” Mabulekesi said.

He noted that the country was facing myriad social problems which government alone cannot manage to sort out, hence the participation of the private sector.

Bam Chief Executive Officer Lyness Nkungula thanked NBM for the support, saying they intend to raise about K31.5 million during the charity golf tournament and part of the proceeds will go towards buying learning materials for the school.


“We are very grateful to NBM plc for this support. We feel that students from Nkope Secondary School need our support and we cannot leave this to government alone, hence our intervention,” Nkungula said.

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