Old mutual spearheads financial inclusion  

Old Mutual Life Insurance has underscored the importance of enhancing financial inclusion by intensifying awareness in the country with an aim of upscaling understanding about financial products.

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Speaking during an award presentation ceremony for its employees from various departments in Salima, on Monday, Managing Director for Old Mutual Life Insurance, Mark Mikwamba emphasized the need for the country to prioritize financial education, so that people make informed financial decisions.

“We are committed to educate more people about financial products, encouraging them to make informed purchasing decisions,” he said.

Mikwamba said they have been receiving positive feedback from the public on their financial products and said they are committed to provide critical financial solutions through delivering top-notch products that drive the country towards financial inclusivity.

On this point, he said they are rewarding well-performing employees as a way of motivating them to continue working hard and offering the best services to their clients.

One of the award recipients, a Business Development Supervisor, Kenneth Kaunda hailed the company for the awards, describing them as a motivating factor, for employees to spearhead the company’s objectives.

The awards were presented in the following categories: Pensions, Operations, Unit Trust Retention, Bancassurance, Retail Affluent, Retail Mass, and Business Development.

Kaunda has been awarded for the third time in a row, for the efforts to expand its customer base and market share within the Malawian market.

He said will continue working hard to promote the company’s products.

He said: “We could not achieve this without my team, which focuses on selling life insurance, long-term savings, and investment products to individuals and businesses.”

Another employee, Patrick Mbite, who is a financial advisor, said the award will encourage him and his colleagues to work hard and support the company’s growth.

Old Mutual Life Insurance is a financial institution that provides a financial education initiative, created to teach people how best to manage their finances.