PCB, Allied Bank sign Rs100 million deal to promote school cricket
The PCB and Allied Bank have signed a Rs100 million sponsorship agreement to expand school cricket, discover young talent and strengthen grassroots cricket development.
LAHORE —The Pakistan Cricket Board (PCB) and Allied Bank Limited (ABL) have signed a memorandum of understanding (MoU) to promote school cricket and identify emerging talent across the country, with the bank pledging Rs100 million in sponsorship.
The MoU signing ceremony was held at Gaddafi Stadium, with PCB Chairman Mohsin Naqvi attending as the chief guest.
Federal Information Minister Attaullah Tarar, Member of the National Assembly Aun Chaudhry and PCB Director of Commercial Ali Adnan Zaidi were also present at the ceremony.
PCB Chief Operating Officer Sameer Ahmed signed the MoU on behalf of the cricket board, while Abid Anwar, chief of commercial and retail banking (North) at Allied Bank, represented the bank.
Under the agreement, Allied Bank will provide Rs100 million in sponsorship for the School Talent Hunt Programme, while the PCB will oversee all arrangements for the initiative.
The programme aims to expand the reach of cricket in schools and provide young players with opportunities to showcase their talent and pursue the sport at a competitive level.
Welcoming the agreement, Naqvi said the partnership would help promote cricket at the school level.
He expressed confidence that the collaboration between the PCB and Allied Bank would help new cricketing stars emerge and shine on the national cricket scene.
Tarar also welcomed the partnership, describing it as a positive step towards promoting school cricket.
He praised Naqvi’s active role in reviving school cricket, saying efforts to make the programme functional again were commendable.