Old Mutual Malawi was the only insurance company across both financial and technical sectors to win two awards at the annual ICT Association of Malawi (ICTAM) Gala event held on 6 June 2025 in Lilongwe.

The company has expressed delight at the two recognitions presented during the ceremony for its outstanding role in shaping the country’s digital and ICT landscape.

Speaking in an interview, Old Mutual Malawi Group IT Executive, Gerald Chungu, said that as a business, they are pleased with the awards, which mainly recognized their impactful contribution to Malawi’s ICT ecosystem, with commendation for its Mpamba Fesa and Airtel Phuka mobile phone-based digital platforms.

The platforms make it simple for people looking to make investments, using mobile money platforms *444# for TNM Mpamba customers or *211# for Airtel Money users.

Chungu said, “These innovative solutions are enabling thousands of Malawians, including underserved populations, to invest conveniently and grow their savings, marking a significant shift in how technology is being used to promote financial inclusion and economic empowerment.

“This is not just a win for Old Mutual but a win for innovation in Malawi. We are proud to be acknowledged as a leader in ICT-driven financial solutions.”

He further stated that the awards affirm the institution’s commitment to using technology to broaden access to investment opportunities and financial security for all Malawians, as well as its commitment to building strong partnerships.

According to Chungu, Old Mutual’s recognition comes at a time when digital transformation is reshaping how financial services are delivered.

He also praised the company for embracing technology, ensuring that it remains competitive, and empowering customers with user-friendly tools that help them take control of their financial goals.

Old Mutual Malawi is a leading financial services provider with interests in savings, insurance, investment, asset management, and providing end-to-end funeral services.