Standard Bank unveils K18.2mMafco sponsorship
Standard Bank plc has unveiled a sponsorship package for TNM Super League side Mafco FC for the 2023 season worth K18.2 million.
The sponsorship caters for the Malawi Defence Force (MDF) outfit’s uniforms and game allowances.
Standard Bank head of consumer and high net-worth clients Charity Mughogho said in an interview yesterday that the kit sponsorship is in recognition of the long-term holistic relationship the bank has with the civil service and the armed forces through the provision of financial services and, in turn, reciprocal social projects by both parties.
She said: “These mutual undertakings are aligned to the bank’s purpose of driving the growth of Malawi. Standard Bank believes that dreams matter and taking unexplored paths to realise them leads to growth.
“We believe that 2023 can be the year that Mafco FC can achieve their dream to win the Super League and we are partnering with them to pursue this bold ambition.”
Mughogho said the bank looks forward to the sponsorship acting as a catalyst for taking football standards in the MDF teams to great heights.
She said: “The team is a springboard for young officers to develop their football talent and sponsorship of Mafco FC ties in well with Standard Bank’s promise of finding new ways to make dreams possible.
“In this instance, we are catering for the needs of a key arm of national security in the beloved game of football.”
Mughogho said that the bank is optimistic of great performance for the team in the forthcoming season which kicks off this weekend.
She said: “The team has been competing at the highest level and going into the new season, they carry high ambitions for success.
“Therefore, we want to be part of their growth and we hope that the sponsorship will alleviate challenges they face when fulfilling Super League assignments.”
The bank expressed satisfaction with a long-standing relationship with the Salima-based team that has provided a platform for collaboration.
On his part, MDF commanding officer for operations Lieutenant Colonel Richmond Maulana thanked Standard Bank for the sponsorship. He said it will go a long way in removing two major resource constraints the team faces when fulfilling fixtures.
He said: “As Mafco we are grateful for this timely support from Standard Bank which enriches an ongoing relationship which benefits both parties in various sporting disciplines and other areas of interest.
“The current sponsorship is an expression of an existing strong cordial relationship built over the years.”
Mafco finished sixth in the 2022 TNM Super League with 50 points, 23 behind champions FCB Nyasa Bullets.
