June 3, 2022

Mortgage Bank boosts Osun school with N1M, bursary awards, infrastructure devt

By Olasunkanmi Akoni

Leading mortgage lender in Nigeria, LivingTrust Mortgage Bank Plc, has donated N1million to support infrastructure development in Olutimehin Grammar School, Osogbo, Osun State.

The bank, in addition, offered one year bursary to the best students in science, arts and commercial subjects in the government-owned school.

The symbiolic cheque presentation ceremony led by the bank’s Chairman, Alhaji Adebayo Jimoh, was held on June 1, 2022 in the school premises.

Others in attendance include, Senator Ajibola Bashiru, representing Osun Central Senatorial District; Hon. Olalekan Badmus, Osun State Commissioner for Regional Integration and Special Duties; Hon. Taofeek Badmus, Member, Osun State House of Assembly; Alhaja Bolanle Jimoh, Chairperson Osogbo South local council development area; Mr. Theophilus Adeyemo, Local Inspector of Education; and Alhaji Shehu Shittu, the school principal.

Mr. Adekunle Adewole, Managing Director of LivingTrust Mortgage Bank,
said the gesture was in furtherance of the bank’s well thought out corporate social interventions, which has seen it support the development of key social and educational infrastructures in different parts of Osun State.

Adewole said the bank, which is headquartered in Osogbo, had in the recent past supported the construction of an independent power plant in Osun State College of Technology, Esa Oke.

He described the current gesture as a demonstration of the bank’s commitment to supporting the state government in developing critical infrastructure in public schools, adding that other public institutions are billed to benefit from similar gestures.

Adewole added that the bursary award was also meant to encourage students in public schools to strive for excellence.

“Ultimately, our priority is to keep finding creative ways to give back to the society, the people and our customers, who have continued to contribute to the meteoric growth recorded by LivingTrust Mortgage Bank.

“And we do this by identifying gaps in public infrastructure development and devising sustainable ways to assist the government in filling such gaps,” Adewole added.