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Riding the flame

FDH Bank hands over K190 million bus to Fam

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Mpinganjira (left) hands over the bus to Nyamilandu

FDH Bank has fulfilled its pledge to buy the Malawi National Football Team a bus after it qualified for the 2021 Africa Cup of Nations round-of-16.

The bank handed over the K190 million bus to Football Association of Malawi (Fam) during a colourful ceremony held at its headquarters in Blantyre Monday.

FDH Financial Holdings Chief Executive Officer William Mpinganjira said they remain committed to promoting sports countrywide.

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Mpinganjira said it is important for the Flames to receive the necessary support if they are to perform well in competitions.

“This is a long-term relationship with Fam. We are committed to assisting the Flames in their quest to become a continental powerhouse. We are very happy to hand over the bus we pledged in Cameroon early this year and we wish our beloved team, the Flames, all the best,” he said.

Fam President Walter Nyamilandu thanked FDH Bank for fulfilling its pledge.

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“We regard FDH Bank as a true partner and friend of Malawi football. The bank has never at any point forsaken us. It has been with us over the years from a K30 million-per-year sponsorship to date when they give us K120 million per year.

“We have many companies that are making huge profits in this country but they simply don’t want to support football. This is a bank for Malawians and a bank worth supporting. May I, therefore, call on companies that have not yet thought of assisting us to try football and win big. Football is a big family that is well represented in every corner of the country,” Nyamilandu said.

Speaking on behalf of the government, Malawi National Council of Sports acting Executive Secretary Shephord Boma hailed the bank for the role it is playing in developing sports across the country.

“FDH Bank is a true Malawian bank and the most trusted partner in the development of sports in the country. I remember that in the 2021 season, the government pumped over K700 million into the Flames but it was short of the budget. It was FDH Bank that came in to bail the team out. That explains why we call the bank a true friend.

“This is the reason the country’s Sports and Youth Minister Honourable Richard Chimwendo Banda keeps emphasising on the need for companies to contribute just one percent of their profits to sports. We are all in support of this great proposal because we believe it will significantly change the country’s sports landscape for the better. We are therefore very happy to be here today. Thank you FDH Bank,” Boma said.

Flames defender Stanley Sanudi also commended the bank for fulfilling its pledge.

“This is a welcome development and a morale booster to us, players. We sincerely thank the bank for this kind gesture,” Sanudi said.

Besides sponsoring the Flames, the bank has the FDH Bank Cup.

It also sponsors the Malawi National Netball Team.

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