Mortgage bank gets new board chairman, awaits CBN approval thenationonlineng.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenationonlineng.net Daily Mail and Mail on Sunday newspapers.
The announcement lays to rest the conflict between the top two shareholders of the company as to who nominates the candidate for the chairmanship of the directors’ board.
The 2023 audited annual report of Living Trust Mortgage Bank shows Citi Trust Holdings now holds 40.82 per cent, while Osun State Government owns 39.83 per cent.
The appointment of Dr. Wale Bolorunduro, an ex-finance commissioner, as a director and chairman designate of Living Trust Mortgage Bank Plc has sparked a cold war between the board of directors and the present chairman, WITHIN NIGERIA gathered.