United Capital Trustees appoints Thomas as MD/CEO

United Capital Trustees, a subsidiary of United Capital Group, has appointed Mr Michael Thomas as its new Managing Director/Chief Executive Officer (CEO).

Mr Peter Ashade, Group CEO, United Capital Group, announced this in a statement made available on Tuesday in Lagos.

Ashade said the appointment followed a rigorous approval process by the Securities and Exchange Commission (SEC).

He said Thomas, in his new role, would spearhead the overall business strategy, operations, and development of United Capital Trustees, steering the company towards continued growth and market leadership.

According to him, Thomas brings nearly two decades of experience in trust services, legal compliance and wealth management with a proven track record in managing large-scale trust transactions.

This, Ashade said, spans public bonds, corporate debt issuance, estate planning and securitisation.

“We are delighted to welcome Thomas to our group.

“His extensive expertise in the trust services industry combined with his strong leadership and strategic vision, make him the ideal candidate to take the company to new heights.

“We are confident that under his leadership, United Capital Trustees will continue to deliver exceptional value to our clients and contribute to the growth of Nigeria’s financial sector,” Ashade said.

Prior to joining United Capital Trustees, Thomas had held several key leadership positions in the trust services industry, such as Executive Director at ARM Trustees Ltd.

He bagged a Master’s in International Business Law from Cumbria University, United Kingdom, and a post-graduate Diploma in Law of Trust from Queen Mary University.

Thomas is an alumnus of the Lagos Business School Advanced Management Programme (AMP).

He holds memberships in professional bodies such as the Nigerian Bar Association (NBA) and the Association of Corporate and Individual Investment Advisers (CIIA).

Reacting on his appointment, Thomas said he was incredibly humbled to lead this phase of the business of one of the foremost and largest trustee service provider in Nigeria.

He stated that with a strategic focus on leveraging technology and innovation, the company aimed at providing comprehensive trust solutions that meet the evolving needs of individuals, families and organisations.

“I am honoured to take on the role of MD/CEO at United Capital Trustees and look forward to building on its strong legacy of excellence for sustainable growth.

“In an era where technology and digitisation are transforming the financial landscape, we will harness innovative digital solutions to enhance our trust services.

“We will also commit to delivering superior client experiences and operational excellence,” he said.

United Capital Trustees is a provider of trust services in Nigeria, offering suites of solutions to cater to various client needs with expertise across Private Trust, Corporate Trust, Public Trust and Private Investment Trusts.