By: Kelvin Chaguza

Old Mutual Malawi has presented K7.5 million to Institute of Internal Auditors (IIA) and another K1million to Institute of Marketing in Malawi (IMM) as support for the impending Annual Lake Conferences which the two professional bodies will host.

The sponsorship was handed over to the two companies during a ceremony held on Monday, 28th August at Old Mutual Headquarters in Blantyre.

Speaking at the ceremony, Old Mutual Marketing and Corporate Affairs Manager Patience Chatsika said their firm recognizes the indispensable role that IIA and IMM play in fostering excellence, sharing and professional growth within the Auditors and Marketing communities.

“Year after year, the Lake Annual Conferences bring together some of the finest minds in these fields, facilitating insightful discussion, exchanging ideas and paving way for innovation in Marketing and Auditing” said Chatsika.

She added that the two professional bodies’ theme for this year’s conferences align with Old Mutual’s desire to impact the communities.

“For instance, for IIA, the theme is “Internal Audit; Believe, Adapt, Thrive” while IMM is “Breaking Barriers; Marketing as a Catalyst for Economic Growth; These themes align strongly with our desire to impact the communities where we operate.”

In his remarks, Albert Dambula, Chief Executive Officer for IIA hailed Old Mutual for the sponsorship saying it will help to cushion their budget.

“A conference of this nature requires a lot of resources because we are expected to have a lot of delegates both local and international, so this money will help us to cushion the budget we have. We are also appealing to other stakeholders to come forward and support us as Old Mutual did so that we should deliver effective and memorable conference, ” said Dambula.

On the other hand, George Damson, IMM Vice President said the sponsorship has come in time and it will help them a lot.

“Old Mutual has been supporting us for the longest time and this sponsorship in no exceptional. This will go a long way in making sure that we host another successful conference,” Damson said.

The conferences will be held from 7th to 10th September at Sun ‘n’ Sand Holiday Resort and from 26 to 29 October at Nkopola Lodge respectively.