STANFIN Charity Golf Day raises funds and awareness for the Standard Bank Buy-A-Brick initiative
The inaugural STANFIN Charity Golf Day, held on 27 October 2023, marked a significant success in raising funds and awareness for the Buy-a-Brick initiative. The event, organized with the primary goal of supporting this noble cause, also aimed to promote STANFIN and establish its presence within the insurance industry.
STANFIN, a 100% owned subsidiary of Standard Bank, focuses on providing long-term insurance and investment advice to Standard Bank clients in Namibia. The insurance companies participating in the event are considered stakeholders, as STANFIN acts as a distribution channel for their products.
The success of this event would not have been possible without the generous contributions of our main sponsors, Hollard Life and SIBN (Standard Insurance Brokers Namibia). Their support played a pivotal role in hosting the event and raising funds for the Buy-a-Brick initiative. Additional contributions from insurance companies such as Old Mutual, PPS, Sanlam, Santam, and asset managers Stanlib and M&G, through team entries, hole activations, and prize sponsorships, further enhanced the impact of the event. Our organizing partner, DZ Golf, also significantly contributed by providing prizes and auction items to increase the overall donation towards the Buy-a-brick initiative. We extend our heartfelt gratitude to all these partners, as their participation was instrumental in making this day a reality.
The STANFIN Charity Golf Day saw a full field of 18 teams competing, along with hole activations on seven holes. The camaraderie among the participating teams and the healthy competition on the golf course were evident throughout the day. The primary objective of raising funds for the Buy-a-Brick initiative was successfully achieved, with an additional N$20,000 raised through an auction of three sponsored items after the event.
The top five teams of the day were as follows:
- Itaba Scrap
- Fairway Miners (Sakhiwo Health Solutions)
- Vault Markets Namibia
- Stanlib Namibia
- Hollard Life 1
The STANFIN Charity Golf Day is poised to become a staple golf event in Namibia, especially within the insurance industry. It creates a unique atmosphere where different entities and competitors come together to enjoy a day of golf, fostering stronger relationships within the industry. We believe that this is a healthy development for the insurance sector in Namibia.
In conclusion, the inaugural STANFIN Charity Golf Day was a resounding success, made possible by the generosity of various stakeholders. This is just the beginning, and we look forward to hosting many more successful events in the future, each bigger and better than the last.
About STANFIN: STANFIN is a 100% owned subsidiary of Standard Bank that provides long-term insurance and investment advice to Standard Bank clients in Namibia. As a distribution channel for various insurance products, STANFIN plays a crucial role in connecting clients with insurance solutions that meet their needs.
About the Standard Bank Buy-a-brick Initiative: The Standard Bank Buy-a-brick initiative aims to raise funds for the construction of housing for underprivileged communities in Namibia. The initiative seeks to make a positive and lasting impact on the lives of those in need by providing safe and secure housing.