United Capital Trustees, a prominent subsidiary of the pan-African investment banking and financial services powerhouse, United Capital Group, has officially appointed Michael Abiodun Thomas as its new Managing Director/Chief Executive Officer. This appointment, approved by the Securities and Exchange Commission (SEC), underscores the company’s commitment to sustained leadership and innovation in the trust services industry.
Michael Abiodun Thomas brings nearly 20 years of specialized experience in trust services, legal compliance, and wealth management. His track record includes managing complex trust transactions such as public bonds, corporate debt issuance, estate planning, and securitization. In his new role, Michael will be at the helm of United Capital Trustees, driving business strategy, overseeing operations, and leading the company towards continued growth and market dominance.
Peter Ashade, Group CEO of United Capital Group, expressed his confidence in Michael’s appointment: “We are thrilled to welcome Michael Abiodun Thomas to our team. His deep expertise in trust services, combined with his visionary leadership, makes him the perfect choice to guide United Capital Trustees to new heights. We are confident that under his leadership, the company will continue to deliver exceptional value to our clients and play a pivotal role in advancing Nigeria’s financial sector.”
Before joining United Capital Trustees, Michael held significant leadership roles in the trust services industry, including his position as Executive Director at ARM Trustees Ltd., a subsidiary of the ARM Group. He holds a Master’s in International Business Law from Cumbria University, UK, and a Post-graduate Diploma in Law of Trust from Queen Mary University. He is also an alumnus of the Lagos Business School Advanced Management Programme (AMP) and an active member of professional bodies such as the Nigerian Bar Association and the Association of Corporate and Individual Investment Advisers (CIIA).
Reflecting on his new role, Michael Abiodun Thomas stated, “I am deeply honored to lead United Capital Trustees, the foremost and largest trustee service provider in Nigeria. I am committed to building on the company’s legacy of excellence and driving sustainable growth. In this era of technological advancement, we will leverage digital innovation to enhance our trust services, ensuring superior client experiences and operational excellence.”
United Capital Trustees remains the leader in Nigeria’s trusteeship sector, poised for continued success under Michael’s leadership. The company is strategically focused on leveraging technology and innovation to offer comprehensive trust solutions that meet the evolving needs of individuals, families, and organizations.
As part of United Capital Plc, the company is committed to transforming the African financial landscape by providing innovative investment management solutions. United Capital Trustees, with its solid foundation and new leadership, is set to reinforce its position as a trusted partner and market leader in the financial services industry.
