Ecobank Malawi Limited has sponsored K10.5 million for the inaugural Presidential Charity Golf tournament to be held at Lilongwe Golf Club on October 8 this year.
The tournament, which is being held under the theme ‘Swing to Serve’, seeks to raise money for under-privileged tertiary students and survivors of Tropical Storm Anna.
Speaking during the handover of the cheque in Blantyre on Wednesday, Ecobank Malawi chief financial officer Fabiano Makolija said the sponsorship is in line with the bank’s corporate social investment focus on education.
He said: “Education is one of Ecobank’s key corporate social investment focus areas because as a truly pan-African bank, we value the role that education plays in the economic development and financial integration of Malawi and Africa at large.
“This is why as a responsible corporate citizen, we felt obliged to be part of this noble cause. We believe that this initiative will go a long way in uplifting and enabling many under-privileged tertiary students who will in turn play a great role in the economic development of our country.”
Presidential Charity Golf Initiative committee member Chimwemwe Chimwaza, who is also Blantyre Sports Club golf captain, thanked Ecobank for supporting the cause.
He said: “We are grateful for this sponsorship from Ecobank. When we started approaching potential sponsors, Ecobank Malawi immediately assured us that they will definitely support the initiative.
“This is a clear indication that Ecobank Malawi values helping the under-privileged tertiary students and cyclone survivors.”
Ecobank Malawi Limited is part of the Ecobank Transnational Incorporated, the parent company of the Ecobank Group, which employs over 14 000 people and serves about 29 million customers in the consumer, commercial and corporate banking sectors in 33 African countries.