LivingTrust Mortgage Bank Plc has appointed Mr. Timothy Gbadeyan and Dr. Gbadebo Ayinde as Executive Directors, effective March 21, 2025, after securing CBN approval.
The disclosure was made in a regulatory filing submitted to the Nigerian Exchange Group (NGX) and signed by Dr. Olumide Adedeji.
Additionally, the bank appointed Hon. Olusola Ogungbile, Mr. Adeola Olajide, and Mr. Olanrewaju Afolabi as Non-Executive Directors of the institution.
It also named Mrs. Adedoyin Amosun, Dr. Kamaldeen Adekilekun, and Mr. Michael Omolaja as Independent Non-Executive Directors, effective March 21, 2025.
LivingTrust Mortgage Bank’s Executive Appointments
Mr. Timothy Gbadeyan
Gbadeyan holds a bachelor’s degree in law from the University of Ilorin and a master’s degree in business administration.
He also obtained a Postgraduate Diploma from Cambridge International Qualifications, UK, and is a Certified Project Management Professional.
Before his appointment, he served as Company Secretary/Group Head of Legal and Corporate Strategy, now overseeing Mortgage Services.
Dr. Gbadebo Ayinde
Dr. Ayinde holds an HND in Town Planning from The Polytechnic, Ibadan, and a PhD from the Federal University of Technology, Akure.
He was a Member of the House of Representatives (2003–2007) and served as Deputy Chairman of the House Committee on Works.
He will now lead the Public Sector Group at LivingTrust Mortgage Bank, overseeing operations and regulatory engagements within the department.
AGM Court Order Vacated
A separate announcement confirmed that the court order preventing the bank’s Annual General Meeting (AGM) has been vacated officially.
The bank assured that a new date for the AGM will be communicated once the Board of Directors grants final approval.
About LivingTrust Mortgage Bank
Founded in 1993, the bank provides residential and commercial mortgage financing services across Nigeria, focusing on accessible housing loans.
Previously known as Omoluabi Mortgage Bank Plc, the company rebranded to LivingTrust Mortgage Bank Plc in October 2020.
The bank’s shares have maintained strong bullish momentum, recording a year-to-date market performance of 9.82% within the Nigerian stock market.
