United Capital Trustees, a subsidiary of the pan-African investment banking and financial services group United Capital Group, has appointed Michael Thomas as the new Managing Director/Chief Executive Officer.
According to a statement, the appointment follows a rigorous approval process by the Securities and Exchange Commission (SEC).
It stated that 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 spanning public bonds, corporate debt issuance, estate planning and securitisation.
In his new role, he is expected to spearhead the overall business strategy, operations, and development of United Capital Trustees, steering the company towards continued growth and market leadership.
Group Chief Executive Officer of United Capital Group, Peter Ashade said, “His extensive expertise in the trust services industry, combined with his strong leadership and strategic vision, makes 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.”
Before joining United Capital Trustees, Thomas held several key leadership positions in the trust services industry, including Executive Director at ARM Trustees Ltd, a subsidiary of the ARM Group.
His academic background includes 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 an alumnus of the Lagos Business School Advanced Management Programme (AMP) and holds memberships in professional bodies such as the Nigerian Bar Association and the Association of Corporate and Individual Investment Advisers (CIIA).
Reflecting on his appointment, Thomas said, “I am honoured to take on the role of MD/Chief Executive at United Capital Trustees. I 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, and we commit to delivering superior client experiences and operational excellence.”
