Leading mortgage lender, LivingTrust Mortgage Bank Plc, has donated N1 million 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.
The symbolic cheque presentation ceremony to the government-owned school was held on June 1, 2022 in the school premises.
According to a statement signed by Adekunle Adewole, Managing Director of LivingTrust Mortgage Bank, the presentation was made by the bank’s Chairman, Alhaji Adebayo Jimoh.
According to Adewole, others in attendance included 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; Theophilus Adeyemo, Local Inspector of Education; and Alhaji Shehu Shittu, the school Principal.
Adewole 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.
He 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.
He said the bursary award was also meant to encourage students in public schools to strive for excellence.
Adewole added: 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.”
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