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Old Mutual partners Sulom to sponsor individual awards

Super League of Malawi (Sulom) has signed a partnership with Old Mutual Life Insurance Company to encourage players to work extra harder and improve the game of football in the country. Through the partnership, the insurance company will sponsor Man of the Match, Supporters Player of the Week and Supporters Player of the Month awards for the remaining 171 games of the league this season. Speaking after signing of the agreement, Old Mutual Life Assurance Company Managing Director Roy Punungwe said the initiative will fall under Old Mutual Timba Family Plan sponsorship which will also equip the athletes with knowledge of savings. According to Punungwe, Old Mutual plans to bail out players in the league from economic shocks due to Covid-19. “As a responsible business, Old Mutual we thought it wise even though in these challenging times to support local football, more especially the football players. Through our Old Mutual Timba Family Plan sponsorship we will additionally conduct Financial Education trainings to Football Players to equip them with the knowledge which will help them to be saving for their future. Football is a short-term career and we want to take part in training football players to make sure they plan for their future,” said Punungwe. In his words, Sulom President Tiya Somba Banda hailed Old Mutual for the timely gesture. Tiya Somba and Punungwe hold a man of the match award after signing the agreement Tiya Somba showed his gratitude citing the agreement falls within Sulom plans to uplift the welfare and encourage competitiveness in the league. “We are happy with what Old Mutual has pledged to sponsor star players which we have been looking for. It is important to recognize the individual players who shine brighter than others, this helps competition among the players then goes to the teams,” said Tiya Somba. With this agreement, player of the month will be getting K200,000, player of the week will be getting K50,000 and man of the match will be getting Miniatures which have been produced locally, and football supporters will be involved in voting for Player of the Week and Player of the Month. Sharing is Caring!

Nthanda Times Reporter

Nthanda Times is a budding reliable source of Prime news in Malawi. We believe in balance and fairness. Making the unheard voices reach to the public is what we strive for.

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