Breaking News

Osun begins Interview for shortlisted Teachers across the State | EID-EL-KABIR: YOUR SACRIFICES WILL NOT GO UNREWARDED, GOVERNOR ADELEKE ASSURES OSUN PEOPLE. | Osun Exco Approves Osun State Water Users Association (Irrigation) Bill 2025. | OSUN HOST SOUTHWEST STAKEHOLDERS ROUNDTABLE ON RENEWABLE ENERGY, UNVEILS CLIMATE-SMART INVESTMENT PORTFOLIO. | Setting the Record Straight: Wole Soyinka High School’s Condition and the Adeleke Administration’s Commitment to Education | Osun State Government receives report of findings on the Olojudo of Ido-Ayegule chieftaincy crisis | THE HISTORY OF HOW OSUN IS THE BIRTHPLACE OF ADIRE, OSUN GOVERNOR SPOKESPERSON RESPONDS TO OGUN ADIRE TRADERS | Governor Adeleke Bags NBA Award, Denies Rebuking Supreme Court | GOVERNOR ADELEKE GREETS GOVERNOR DAPO ABIODUN AT 65 | INFRA AWARD: GOVERNOR ADELEKE PLEDGES MORE SERVICE DELIVERY, DELIVERS DIASPORA LECTURE IN LONDON. | GOVERNOR ADELEKE SALUTES FORMER OSUN GOVERNOR, OGBENI RAUF AREGBESOLA AT 68. | Ifon-Ilobu-Erin Osun Communal Crisis: Adeleke Relaxes Curfew, Now 9pm—5am daily | Gov Adeleke expresses concern over Ilesha Correctional Centre Jail Break | Owa Coronation: Governor Adeleke Lists Achievements Across Ijesaland, Commends Tinubu over Ibadan-Ilesa Road Contract | You and Your Team are Doing A Phenomenal Job. | Food Security: Hon. Babatola Faseru Commends Governor Adeleke, Urges Farmers to Maximize Use of Distributed Tractors | Adeleke Spokesperson to Bashiru: Stop Using Fake News as a Campaign Strategy | Badly Constructed Road: Governor Adeleke Deploys Top Officials to Community, Directs urgent Review | Why Ajibola Bashiru is Blind to Osun 7th Examination Ranking and 1st SW Prize on Health – Adeleke’s Spokesperson | GOVERNOR ADELEKE CONGRATULATES DR AKINOLA ON APPOINTMENT AS SWDC MD | Governor Adeleke Eulogises Dele Momodu at 65
Higher Program Officer April 17, 2024

Governor Adeleke Appoints Dr. Wale Bolorunduro Chairman of Living Trust Mortgage Bank Plc.

OSOGBO- 16/04/2024- osunstate.gov.ng

Governor Ademola Adeleke has approved the appointment of Dr Wale Bolorunduro as chairman of Living Trust Mortgage Bank Plc.

The letter of appointment, dated 8th April 2024 and signed by the Secretary to the State Government, Hon Teslim Igbalaye reads as follows:

“I present to you the very warm compliments of the government and people of Osun State. I am pleased to inform you that the executive governor of Osun State, His Excellency, Senator Dr. Ademola Jackson Nurudeen Adeleke has graciously approved your appointment as a director and chairman designate on the board of Living Trust Mortgage Bank Plc.

“It is believed that you will employ your wealth of experience as an experienced banker and finance consultant to steer the bank in its next growth stage.

“The current economic climate of the country and recent development in the banking sector would pose challenges to banks, hence the state government’s decision to be proactive in ensuring someone with your wealth of banking and finance experience leads the bank. Wishing you well in your onerous assignment”, the letter reads.

In a separate letter addressed to the bank’s Company Secretary, the appointment was to take effect from Friday, 19th April 2024.

Dr. Wale Bolorunduro is a banking and finance consultant with over 35 years industry experience in the Financial Service Sector.

He obtained a PhD from the University of British Columbia. He served as commissioner for finance in the state and later as the bank’s chairman, until 2016. He led the team to raise the capital that saved the mortgage bank from losing its license.

Living Trust Mortgage Bank is owned by Osun State Government, Corporate and private individuals. The bank is quoted on the NgX with its shares trading at N3.27 on the last trading day.

Signed:
Mallam Olawale Rasheed,
Spokesperson to the State Governor.

Leave a Reply

Your email address will not be published. Required fields are marked *