BAM Conference to drive synergy for Malawi’s economic growth, NBM plc boosts preparations

The Bankers Association of Malawi (BAM) will this week host its Annual Conference in Mangochi, focusing on how synergy among stakeholders can accelerate the country’s economic growth.
The two-day event, set for Friday and Saturday under the theme ‘Getting the Future Together: The Phenomenon of Synergy’, will bring together banking executives, policymakers, regulators, and other key economic players to share insights, strengthen partnerships, and develop strategies aimed at rebuilding and advancing Malawi’s economy.
Meanwhile, the conference has received a K10 million sponsorship from National Bank of Malawi plc (NBM plc), a move BAM Chief Executive Officer Lyness Nkungula has described as timely and impactful.
“We do not take this support for granted. NBM plc has been there for us, and given the current economic climate, this sponsorship is both timely and impactful. It will enable us to finalise arrangements and cover essential costs for this year’s event,” said Nkungula.
NBM plc Client Coverage Manager, Nicholas Musaiwa, said the Bank’s contribution reflects its belief in the power of collaboration to deliver sustainable growth.
“Banks do not operate in isolation. We exist because customers are there for us. That is why we engage with our partners, customers, and all relevant stakeholders who drive economic growth in Malawi. Working together as a team, not just as a sector but in a spirit of collaboration, is key to building sustainable development,” said Musaiwa.
Musaiwa further stressed that NBM plc aligns its activities with Malawi’s national development agenda to ensure its work makes a meaningful impact.
“We align our activities with Malawi’s national agenda, ensuring that the work we do contributes meaningfully to the country’s long-term growth and prosperity,” he said.
The 2025 BAM Conference will serve as a platform for dialogue, innovation, and collective action, to create a more resilient and inclusive financial sector capable of driving Malawi’s economic transformation.