FDH K360 million kwacha Queens sponsorship

FDH Bank says they want to see the Malawi netball team, the Queens returning to the top position in Africa and dislodging South Africa’s Proteas.

The bank’s acting managing director, William Mpinganjira said this on Tuesday when unveiling a record-breaking a three-year K360 million sponsorship to Netball Association of Malawi (NAM) for the team.

“No bank believes in the potential of the youth of Malawi than FDH. We observed that Netball, despite being the pride of the nation, has been lacking necessary support, structures and resources.

“The Queens were, among other milestones, the bronze medalist at the Fast5 International Series in 2016 in Australia and managed to beat the world’s number two team, New Zealand, at the 2018 Commonwealth Games in Australia, despite limited resources.

“The Queens through Netball Association of Malawi (NAM) have continuously exhibited massive potential and it is in this vein that today we are happy to unveil the sponsorship. K300 million will go directly towards sponsoring the Queens. K45 million will fund a Netball Cup while K15 million will be used to run NAM administration,” Mpinganjira said.

NAM president, Khungekire Matiya said they will ensure they retain the sponsorship by making it a win-win situation by making sure the girls open bank accounts with the bank.

“We will ensure that we market your brand wherever we go so that when people see the Queens, they will see FDH. The Queens are a big brand that will help propel FDH Bank’s growth.

“We see a bright future together. I am saying this because with such a landmark sponsorship, the Queens will strive for the best. We promise to make sure that the team continues to impress. We want the team to break into the top four in the world,” she said.

Matiya added that the reason for the Queens to drop to third-place on the rankings in Africa is not due to poor performance, but because they were not taking part in most of the small but ranking tournaments.

The event was also graced by Chief Director in the Ministry of Youth, Sports and Culture, Martin Kadzuwa who advised NAM to ensure proper use of the sponsorship money.

Apart from Netball, FDH sponsors the national football team, the Flames, Mayor’s Trophies and Football Association Malawi (FAM) FDH Cup.

source( kulinji)