Osun Gov, Adeleke Urges Banks’ CEOs To Re-open Closed Branches

Ademola Adeleke, the governor of Osun State, has pleaded with the chief executive officers of the state’s closed branches to reopen in order to reassure banks that there is appropriate security in the state.

As a result of armed robberies that occurred in different towns in the past, several banks have shuttered their branches.

According to a statement released by his spokesperson Olawale Rasheed on Saturday, the governor said in a speech at the commissioning of the First Bank of Nigeria’s rebuilt branch in Ede on Friday that his administration had revised the state’s security architecture to better protect important towns and villages.

“The conditions responsible for the closing of Banks’ branches at Ila, Iree, Ikirun, Iwo and other areas of the state no longer exist. Osun is secured for banking operations. There is a new Sheriff in town.

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“I call on top bank managements, reopen your branches. Osun is under-banked, even with digital applications, physical offices are still needed in many towns.
“I recently launched a sustainable industrial policy for the state. I call on banks to partner with us for implementation. We want to grow the private sector. This is good news for financial institutions.

“We are receiving high volumes of investors’ interest to enter the Osun market. We are creating the enabling environment. Bank chiefs should join us.

“I commend the First Bank for its deep partnership with Osun state. Expand your reach, our administration is prepared to deepen partnership with financial institutions and private organizations”, the Governor noted while comissioning the branch.

Speaking while welcoming the Governor, the Managing Director/Chief Executive Officer of the bank, Dr Adesola Adeduntan reassured the Governor and all Osun residents of the resolve of his bank to provide banking operation of high standard to their esteemed customers across the state.

 

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