Creating Value, Building Trust: First Trustees’ Blueprint for Wealth Transfer and Legacy Preservation.

In a rapidly evolving financial landscape, trust remains a constant necessity. For 47 years, First Trustees Limited has been a reliability beacon, providing top-notch trustee services to individuals, corporations and government institutions. As a subsidiary of First Holdco Plc, one of Nigeria’s leading financial institutions, the company has built a reputation for innovation, excellence and customer-centricity.
We sit down with the visionaries at First Trustees to unravel the intricacies of their success story, delving into the company’s pioneering spirit, its relentless pursuit of customer satisfaction, and its astute navigation of the ever-changing financial terrain, all in a bid to shape the future of trustee services in Nigeria. In this special focus by The Guardian, we explore how First Trustees continues to set the standard for important discussions on wealth transfer and preserving legacy.

What sets First Trustees Limited apart as a leading trustee service provider in Nigeria, and how do you maintain excellence in your services?

First Trustees Limited has been a trusted name in the industry for over 47 years, and our longevity is no coincidence. As a subsidiary of one of Nigeria’s leading financial institutions (First Holdco Plc) , we benefit from a strong foundation of credibility and stability.
What truly sets us apart is our commitment to innovation. We were the first in the industry to launch a dedicated radio series on estate planning, titled ‘The Legacy Series ’, which has been airing for over a decade. It broadcasts weekly across three major cities in Nigeria : Lagos, Abuja, and Port Harcourt.
We take pride in being pioneers of Islamic Estate Planning in Nigeria . For the past six years, we have hosted the Islamic Estate Planning Clinic in Abuja and have recently expanded to Ibadan and Port Harcourt. These clinics have become annual events, providing valuable insights to stakeholders interested in inheritance and legacy planning.
Our media outreach extends beyond radio. Over the past three years, we have appeared on various television programs and launched a podcast series where we continue to educate people on the importance of Estate Planning. We have completed two seasons and season three is set to start airing soon. You can watch past episodes on our official YouTube Page – https://www.youtube.com/@FirstTrustees
Excellence is a core value that drives us to deliver exceptional service to our clients and the wider public. Our commitment to this value -centric approach has resulted in numerous awards and recognition, establishing us as a leading trustee company in Nigeria.

How do you stay ahead of industry trends and regulatory changes, and what impact do these have on your operations?
Staying ahead of industry trends and regulatory developments is not just an obligation for us; it’s a vital part of our strategic vision. We take pride in our highly skilled and proactive team, whose expertise makes navigating this landscape seamless.
Our strategy encompasses thorough market research, proactive regulatory monitoring, and active participation in key industry events and forums. By prioritising continuous engagement and knowledge sharing initiatives , our team is always prepared to anticipate changes and adapt swiftly. This forward -thinking approach empowers us to adopt best practices that keep us competitive while significantly enhancing the quality and sustainability of the structures we offer our clients. Whether for individuals or corporate clients, our commitment to staying ahead ensures that we can help our client preserve their wealth and assets confidently, securing their future with long -term stability.

Can you share a notable achievement or success story from your company that showcases your expertise in trustee services?
One of our most notable achievements is our active participation in all Federal Government of Nigeria (FGN) Sukuk programs, which reflects the trust and credibility we have cultivated over the years. This solidifies our status as a leading provider of trustee services.
Furthermore, we have expertly managed a diverse range of businesses and estates for over two decades. While many businesses have faced hardships due to fluctuating government policies and economic uncertainty, our capability to not only safeguard but also enhance our clients’ assets is a testament to our expertise.
Our enduring relationships and proven success in delivering customised, sustainable solutions highlight our comprehensive understanding of wealth preservation and Estate Planning for both individuals and corporations.

How do you ensure transparency, accountability, and integrity in your trustee services, and what measures are in place to protect clients’ assets?
At First Trustees, our commitment to transparency and integrity defines every aspect of our operations. We take a vital step in safeguarding your investments by strictly segregating client assets from our company’s funds. This eliminates any risk of commingling, ensuring that your resources are protected from potential misuse or mismanagement.

Our investment philosophy is rooted in a clear hierarchy: we prioritise preserving your wealth, then focus on growth, and finally on distribution. Every investment decision we make is guided by this principle. We also recognise that some clients may seek more aggressive strategies. In these instances, we require a formal indemnity from the client before proceeding, which safeguards both parties and upholds our dedication to accountability and effective stewardship.

Moreover, we empower our clients by providing 24/7 access to their account statements and records, offering complete transparency and real-time monitoring of their investments. Together with our strong governance framework, these practices have fostered enduring trust with our clients over the years, reinforcing our position as a reliable partner in your financial journey.

What are some of the most significant challenges facing trustee companies in Nigeria today, and how is your company addressing these challenges?
One significant challenge we face is the lack of public awareness regarding Estate Planning and Legacy Management. Many cultural attitudes, particularly concerning Wills, hinder open discussions, as they often associate these topics with death.

To combat this, we provide continuous education and engagement. Our Legacy Series Campaign, featured on radio and television, along with the informative Legacy Room on YouTube and our social media pages, is designed to clarify estate planning and make it easier to understand.
These platforms empower us to reach diverse audiences, fostering a culture of informed legacy planning and encouraging essential conversations about the future.

How do you build and maintain strong relationships with your clients, and what kind of support do you offer them?
Our top priority is client satisfaction. We have robust technical teams across our Private, Public, and Corporate Trust businesses, supported by a dedicated Business Development team that offers personalised relationship management.
Our structure ensures that every client receives attention. Additionally, we have a responsive Customer Service team, and we operate under a standard Service Level Agreement (SLA) that guarantees timely resolution of client issues and requests. This combination of expertise and responsiveness helps us build lasting, trust -based relationships with our clients.

What role do you see technology playing in the future of trustee services, and how is your company leveraging technology to enhance its operations?
Technology is becoming increasingly crucial in trustees’ services, and we are fully embracing this shift. We have launched a Wills portal that enables clients to create a Simple Will in under 10 minutes, streamlining what was once a lengthy process.
Additionally, we utilise digital platforms for client engagement, onboarding, and compliance checks, which improves efficiency and reduces the likelihood of human error.
Looking ahead, we are developing a more integrated Trust platform that will include AI -powered features and real -time dashboards to enhance communication and build greater trust with our clients.

Looking ahead, what are your company’s plans for growth and expansion, and how do you intend to continue delivering exceptional trustee services to your clients?
We understand that each client’s needs are unique. Therefore, we focus on providing customised trust structures instead of one -size-fits-all solutions. To support this mission, we invest significantly in our team, ensuring they possess the expertise needed to design and manage tailored arrangements.
We are also enhancing our technological capabilities. Our goal is to develop a fully integrated trust platform that allows clients to access their portfolios, legal documents, and initiate reviews from any device, without needing to contact us directly.
In terms of expansion, we are reinforcing our local presence while also establishing strategic partnerships with offshore trust companies. Given the jurisdictional nature of trust arrangements, these global collaborations are essential for meeting our clients’ evolving needs.

Kindly share with us some of your past awards and/or recognitions?
Over the years, First Trustees has been honoured with several prestigious awards that reflect our leadership and innovation in the trustee services space. Some of these include:
• Best Trustee Company in Nigeria – BusinessDay Awards (2023)
• Non-Interest Trustee of the Year – African International Conference on Islamic Finance (2023)
• Excellence in Wealth Management – African Banker Awards (2022)
• SEC-Compliant Trustee Firm of the Year – Nigerian Financial Awards (2021)
• Innovation Award for Digital Trust Solutions – FirstBank Group (2020)
• Award of Excellence in Islamic Finance – AICIF (2017)
These recognitions affirm our commitment to excellence, innovation, and client -focused service delivery.

Trusted Partners: United Capital Trustees’ Expertise in Navigating Nigeria’s Complex Financial Landscape

With a legacy spanning over six decades, United Capital Trustees Limited has established itself as a leading player in Nigeria’s trustee services industry. Through its commitment to excellence, innovation, and client-centric solutions, the company has built a reputation for delivering exceptional results and exceeding client expectations. In this interview, we explore the company’s approach to trusteeship, its expertise in navigating complex financial landscapes, and its vision for the future of the industry.

What sets United Capital Trustees Limited apart as a trustee service provider in Nigeria, and how do you maintain excellence in your services?
United Capital Trustees has a legacy that spans over six decades, making us one of the most experienced and trusted names in the Nigerian trustee services industry. Over the years, we’ve grown alongside our clients, evolving our services to meet the changing needs of individuals, corporates, and both the private and public sectors.
Our strength lies in truly listening. We listen to our clients, the market, and industry trends. This insight allows us to create bespoke products and service offerings that address specific needs, whether it’s structuring complex trust arrangements, managing capital market transactions, administering estates, or delivering corporate and public sector mandates. Our service suite is robust, ranging from private and corporate trusts to estate planning, escrow services, and public sector mandates, all available under one roof.
At the core, our mantra has always been to go “above and beyond” for our clients. We don’t compromise on value or quality, and that commitment has kept us consistently recognised as the number one trustee company in Nigeria.

As an award-winning trustee with a track record of leading landmark transactions, what would you say have been the main drivers behind these achievements?
Our success is anchored on three core pillars – Excellence, Enterprise, and Execution, which reflect our values as an organisation, the strength of our people, and the scale and quality of the transactions we deliver.
Our team is made up of highly skilled professionals whose expertise allows us to consistently deliver on complex mandates. We understand Nigeria’s fiscal, financial, legal, and regulatory environments in great depth, and that insight enables us to structure sophisticated trust arrangements, manage capital market transactions, and administer estates with absolute compliance and efficiency. This ability has kept us at the centre of the country’s biggest and most transformative deals.
Today, we’re proud to be the trusted partner on over ₦9 trillion in mandates spanning public, private, and institutional sectors. In 2024 alone, we executed the largest number and highest value of bond transactions on the Nigerian Exchange, which earned us the NGX Made of Africa Award for Best Trustee Company by deal value, the BAFI Award for Best Trustee Company, amongst others. These recognitions are entirely merit-based and a testament to the tangible results we deliver.
Our track record is rich with landmark transactions. A few years ago, we served as Lead Trustee for Nigeria’s first sovereign Sukuk Bond, a precedent-setting ₦100 billion Islamic bond that financed 25 critical road projects nationwide. It was oversubscribed by investors, successfully unlocked ethical capital for infrastructure, and opened new opportunities in Nigeria’s infrastructure financing space. This is only one of many. Over the years, we have participated in numerous corporate, subnational, and supranational government bond issuances, all of which have delivered strong outcomes
Beyond these large-scale transactions, we also serve thousands of private clients through our trust and estate planning services. Whether the mandate is a multibillion-naira bond or a family trust, helping our clients achieve their goals is, to us, the true measure of success.

How do you stay ahead of industry trends and regulatory changes, and what impact do these have on your operations?
We have been around long enough to see just about every kind of political, economic, and regulatory shift that the Nigerian market has gone through. We have stayed relevant through this because we’ve built a culture of excellence, innovation, and adaptability that keeps us ahead of the curve.
We don’t wait for change to happen before we react. Our research and compliance teams are constantly scanning the horizon for new laws, policies, and market trends, making sure we’re not just compliant, but ready to seize opportunities as they come. It is integral to our fiduciary responsibilities and our position as a market leader.
Regulatory engagement and participation are key actions UCTL have deployed over time to give early insight into emerging regulations and policy directions. From the Securities & Exchange Commission (SEC) to the other related regulatory bodies, we maintain a solid relationship with regulatory bodies and actively participate in industry forums, enabling us to stay ahead of policy changes and contribute to regulatory discourse.
Another big part of staying ahead is investing in our people. We prioritise continuous learning through certifications, technical training, and workshops, so our team is always equipped to deliver the very best service.
In short, our ability to anticipate change, maintain strong regulatory ties, and keep our people at the top of their game is what’s kept us at the forefront of Nigeria’s trustee industry for decades.

How do you ensure transparency, accountability, and integrity in your trustee services, and what measures are in place to protect clients’ assets?
At United Capital Trustees, these values are non-negotiable. We operate with strong corporate governance, guided by clear internal controls, regular audits, and full regulatory compliance under the oversight of the Securities and Exchange Commission (SEC).
When it comes to our clients’ assets, there’s no room for compromise. All transactions are kept in segregated accounts and managed through secure custody structures. Our team upholds the highest ethical standards, acting solely in the best interest of beneficiaries.
We’ve also invested heavily in secure digital tools, for documentation, reporting, and asset tracking. All of this is backed by a strong risk management framework. But more importantly, we keep our clients in the loop. We provide regular updates, full transparency, and a clear line of communication.

What are some of the most significant challenges facing trustee companies in Nigeria today, and how is your company addressing these challenges?
The landscape is dynamic, from macroeconomic uncertainty to regulatory changes and low public awareness of trust services.
We tackle this head-on by:
Bridging the awareness gap through client education and thought leadership.
Staying ahead of regulations via real-time monitoring and active engagement with regulatory bodies like the Securities and Exchange Commission (SEC)
Protecting client value through diversified asset strategies that mitigate inflation and currency risks
Meeting evolving expectations by digitizing and personalizing our offerings, without losing our legacy of trust
Investing in cybersecurity, ensuring clients’ data and assets remain safe in a tech-driven world.

How do you build and maintain strong relationships with your clients, and what kind of support do you offer them?
Building and maintaining strong client relationships is central to our service ethos. We understand that trust is earned through consistent performance, transparency, and tailored value delivery. We adopt a client-centric approach, ensuring each solution is aligned with the client’s unique goals, whether in estate planning, investment schemes, or structured finance. Every client is supported by a dedicated Relationship Manager who provides proactive communication, timely updates, and strategic guidance.
Our support doesn’t end when a deal closes. We stay engaged through execution, monitoring, and post-transaction advisory. Plus, we invest in client education, sharing market insights, hosting webinars, and providing thought leadership to empower our clients to make informed decisions.
It’s this hands-on approach that has kept us a trusted partner for our clients for decades.

What role do you see technology playing in the future of trustee services, and how is your company leveraging technology to enhance its operations?
Technology has also been a game-changer for us. We have embraced innovation and digital transformation to simplify documentation, improve transparency, and enhance client experience.
Today’s clients expect real-time visibility, not just monthly statements, and our platforms deliver that with instant updates, secure onboarding, and seamless documentation. On the compliance side, we’ve automated our processes to identify and flag risks proactively.
We’ve also expanded access by making our trust products available through our mobile app, InvestNow, and digitizing services so that individuals and institutions can protect and grow their assets from anywhere.
Our commitment to technology is matched by our commitment to security. Last year, United Capital Group earned the ISO 27001:2024 certification, underscoring our dedication to information security, risk management, and data protection. It’s all part of our mission to blend trusted expertise with cutting-edge tools to deliver the best possible outcomes for our clients.
Looking ahead, what are your company’s plans for growth and expansion, and how do you intend to continue delivering exceptional trustee services to your clients?
At UCTL, we are expanding beyond traditional trustee services to meet the evolving needs of clients.
At United Capital Trustees Limited (UCTL), we are expanding our offerings with new trust solutions, including family, education, Islamic (Waqf), and offshore trust structures. Technology plays a central role in this growth; we’ve digitised onboarding, automated key operations, and enhanced data security to give clients seamless, real-time access to their trust portfolios.
As part of the larger United Capital Group, our reach now extends into the WAEMU region, creating new opportunities for cross-border trust services. Through strong governance, personalised engagement, and ethical fiduciary practice, we remain a trusted, forward-thinking leader in Nigeria’s trust industry.
Kindly share with us some of your past awards and/or recognitions.
Benjamin Franklin once wrote, “Well done is better than well said.”

Trusteeship Reimagined: Investment One’s Vision for Nigeria’s Financial Future
In Nigeria’s rapidly evolving financial landscape, trusteeship has emerged as a vital component of long-term wealth preservation and fiduciary governance. As the industry navigates shifting demographics, intergenerational wealth transfer, and regulatory complexities, Investment One Trustees Limited is redefining the standards of trustee excellence. With a legacy of over 15 years and a renewed focus on innovation and client-centricity, the company is poised to address the unique challenges of the Nigerian market while delivering bespoke trust solutions that prioritise transparency, accountability, and integrity.

Evolving Trends in Nigeria’s Trustee Industry
In a fast-evolving financial environment marked by shifting demographics and growing intergenerational wealth transfer, trusteeship remains one of the most vital, yet often overlooked factors of long-term wealth preservation, capital market integrity, and fiduciary governance. At Investment One Trustees Limited, we are proud to be at the forefront of this transformation, offering dynamic, compliant, and client- centric trustee solutions designed to build, preserve and transition wealth across generations.

Re-defining Trustee Excellence in Nigeria’s Evolving Financial Landscape
The core services we now deliver independently have been honed over more than a decade within the Investment One Financial Services ecosystem. This transition marks a strategic shift that allows for deeper specialisation, clearer regulatory alignment, and more agile responses to evolving client needs.
What sets us apart is not just our history, but how we are translating that history into future-forward fiduciary solutions. Our strength lies in combining legal, financial, and governance expertise with a service model that places clients, whether individuals, families, corporates or institutions at the centre of every decision.

Excellence through Expertise and Execution
We distinguish ourselves through our deep market expertise, and a strong culture of professionalism. Our team includes highly experienced professionals drawn from legal, asset management, and compliance backgrounds, enabling us to design bespoke trust structures across the various services we offer.
A notable success story that reflects our commitment to impact involved resolving a complex family estate dispute that had remained unresolved for over a decade. Through a structured and impartial approach, careful stakeholder engagement and facilitation of constructive dialogue to align divergent interests, our team achieved resolution, restoring not just the value of the trust, but the family’s harmony.
Our Standard of Integrity
For us, transparency and accountability are not just compliance objectives, they are foundational to our values. We implement a multi-layered governance and compliance approach to ensure clients’ assets are protected and managed in accordance with best fiduciary practices.
To ensure transparency, we maintain clear communication with clients, provide detailed reports on client accounts, and ensure documentation is thorough and accessible. In complex family situations, we ensure impartiality and engagement of all stakeholders. Accountability and Integrity are central to our operations and are guided by a robust code of ethics and independent oversight by our dedicated compliance and internal control team.

Client assets are safeguarded through the implementation of strict custodial protocols, segregation of trust assets, conflict checks, robust onboarding diligence and partnership with reputable custodians and asset managers.

Tackling Industry Challenges
The key challenges facing trustee companies in Nigeria include insufficient market understanding of trust services, a fragmented estate planning culture and regulatory ambiguity.
At Investment One, we are addressing these challenges via direct client education, through tailored workshops and publication of insightful articles to demystify trustee services and build trust in the market. We maintain a proactive relationship with regulators and industry associations, to ensure our services are compliant and progressive. Additionally, we diversify our offerings to address evolving needs, from digital onboarding to personalised estate planning packages, ensuring we remain competitive and responsive.

Enduring Client Partnerships
We prioritise building long-term, value-driven relationships by listening to our clients’ needs, delivering bespoke solutions, and maintaining open lines of communication.
Our clients are our partners. We take the time to understand their ambitions, family structures, risk preferences, and long-term goals. We help our clients structure their trusts from the ground up with clarity, compassion and care.
To maintain these relationships, we provide regular, detailed reports on asset performance and trust activities, backed by a dedicated client service team that responds promptly to inquiries.

Awards and Recognition
Our track record under the Investment One Group has been marked by consistent excellence, as we have received multiple industry awards over the years. In 2023, the Investment One Group was listed as one of Africa’s fastest-growing companies by the Financial Times and Statista.
In 2021, the Group was recognised as the Most Innovative Financial Services Company in Nigeria by Finance Derivatives Awards. This award followed significant innovations pioneered by the Group in the investment industry.

Looking Ahead: Anchored in Legacy, Driven by Vision
Now operating independently, our focus is on expanding our service offerings, deepening market penetration, and leveraging partnerships. Internally, we continue to invest in people, technology, platforms and partnerships that align with our long- term vision. Our goal is to be the preferred and most trusted trustee service provider in Nigeria and beyond.

About Investment One Trustees Limited
Investment One Trustees Limited is a wholly owned subsidiary of Investment One Financial Services Limited, offering a wide range of trust solutions including estate planning, private and public trust administration, corporate trusteeship, and charitable trust structuring. With over 15 years of legacy experience and a renewed independent mandate, the firm is positioned as a next generation trustee for Nigeria’s growing financial future.

Trustee Excellence in Action: How Emerging Africa Trustees is Reshaping Fiduciary Services in Nigeria

In today’s evolving financial landscape, trustee companies in Nigeria have shifted from passive custodians to active stewards of wealth. At the forefront of this transformation is Emerging Africa Trustees Limited (EATL), a wholly owned subsidiary of the Emerging Africa Capital Group renowned for its innovation, regulatory integrity, and client-centric approach. As part of The Guardian’s Special Spotlight on Nigeria’s Leading Trustee Companies, we explore how EATL is delivering excellence in trustee services, navigating regulatory changes, and enabling strategic asset protection for individuals, corporates, and institutions across the country.

What Sets Emerging Africa Trustees Apart ?

EATL distinguishes itself through a client-first philosophy, deep regulatory expertise, and customised trust structures. Backed by the Emerging Africa Capital Group’s financial infrastructure and market insight, EATL offers trust solutions that combine administrative excellence with strategic advisory.

“Our success lies in integrating legal, financial, and compliance expertise with a culture of service excellence,” says Mrs. Felicia Sonubi, Managing Director of EATL. “Each engagement is rooted in governance, accountability, and a duty to protect beneficiary interests.”

Navigating a Changing Regulatory Landscape

Following the enactment of the Investments and Securities Act 2025 (ISA 2025), EATL has taken a proactive stance; hosting Knowledge-Sharing Sessions (KSS) for clients and stakeholders to interpret new disclosure rules, trustee obligations, and compliance frameworks.

EATL maintains close alignment with the Securities and Exchange Commission (SEC), Corporate Affairs Commission (CAC), and the Association of Corporate Trustees (ACT), remaining a front-runner in policy awareness and sector advocacy.

“We see regulatory change as a strategic opportunity,” Sonubi explains. “Our legal and compliance teams continuously scan for developments; from ESG frameworks to digital asset policies, to ensure clients stay ahead.”

A Strong Track Record of High-Impact Transactions

With a portfolio exceeding ₦200 billion, EATL has played pivotal roles in high-value transactions, including:

• ₦5 Billion Real Estate Sukuk (Sole Trustee, 2021)
• ₦10 Billion Housing Sukuk (Joint Trustee, 2021)
• ₦6.3 Billion Green Bond (Infrastructure oversight, 2021)
• ₦24.5 Billion State Bond and several private Sukuks

These milestones highlight the firm’s capacity to manage complex structures, uphold compliance, and inspire investor confidence.

Integrity, Transparency, and Protection

EATL places asset protection at the core of its operations. Funds are held with top-tier institutions and strictly separated from proprietary accounts. Key internal control measures include:

• Multi-level approvals
• Automated transaction oversight
• Real-time compliance tracking
• Independent audits
• Ongoing training in AML, KYC, and due diligence

This infrastructure ensures transparency and full disclosure across every trust mandate.

Tackling Industry Misconceptions

Despite their importance, trustees in Nigeria are often perceived as passive intermediaries. Emerging Africa Trustees services is actively reshaping this perception through:

• Advocacy via ACT
• Client and public education
• Participation in regulatory reform

The firm also addresses macroeconomic risks such as inflation and currency volatility by adopting prudent investment policies, embracing automation, and collaborating with fund managers and custodians.

Client-Focused Relationship Management

At EATL, clients are treated as strategic partners. Whether for estate planning or structured finance, each engagement is tailored to specific goals. Key offerings include:

• Dedicated relationship managers
• Goal tracking and milestone alerts
• Custom advisory support
• Real-time reporting
• Webinars and learning sessions

The firm’s blend of technical precision and emotional intelligence has earned its trust across sectors.

Technology as a Catalyst for Growth

EATL is committed to building digital-first trustee services. Its ongoing tech investments include:

• Digitised trust administration platforms
• Automated workflows and dashboards
• Cloud-based document systems
• AI-powered compliance monitoring (pilot phase)
• E-KYC and digital onboarding

These tools improve efficiency, enhance access, and reinforce transparency.

A Clear Vision for the Future

EATL’s growth strategy is focused on:

• Expanding expertise in estate planning and public private partnerships
• Digitising services for younger demographics
• Serving new segments: startup founders, HNIs, and public sector leaders
• Building capacity for a growing client base

“We’re not just scaling, we’re building relevance,” says Sonubi. “Our goal is to become the fiduciary partner of choice: dependable, innovative, and enduring.”

Recognised for Excellence

EATL’s excellence has earned industry-wide recognition. As part of the Emerging Africa Capital Group, it has contributed to awards such as:

• ESG Investment Firm of the Year.
• Equity Fund Manager of the Year (BusinessDay Financial Institutions Awards).

In 2020, Sonubi received the Africa Influencer (CEO) Award, acknowledging her pioneering role in transforming trusteeship in Nigeria.

Final Thoughts: Leading a New Era of Trusteeship

As Nigeria’s capital markets mature, trustee firms will play an even more vital role in fostering investor trust, supporting sustainable finance, and unlocking long-term value. With a strong foundation, strategic vision, and a deep sense of purpose, Emerging Africa Trustees is set to lead this new era.

To learn more about Emerging Africa Trustees, visit: https://emergingafricagroup.com/trustees/
 Media Contact: [email protected] | +234 813 354 0432

Legacy Unlocked: ARM Trustees on Democratizing Estate Planning in Nigeria

Securing your legacy and protecting your loved ones is a vital consideration for everyone, regardless of wealth or status. In Nigeria’s complex financial landscape, estate planning has become an essential tool for ensuring that personal wishes are honored and assets are distributed according to one’s desires. In this The Guardian’s special project, ARM Trustees shares its expertise on the importance of estate planning, the company’s innovative approach to making trustee services accessible, and its commitment to delivering value to clients through experience, integrity, and cutting-edge technology.

Why is estate planning essential for everyone, and how is ARM Trustees helping people act on it?

Estate planning is vital for everyone, not just the wealthy. Everybody has assets, no matter how small; a properly structured will or trust ensures that personal wishes are honored and that loved ones are protected. Many Nigerians avoid planning because they think it’s costly or complex, so ARM Trustees built an online portal that makes drafting a will or trust straightforward, with clear pricing and professional support. Whether someone is just starting a career or managing significant wealth, they can take control of their legacy.

Beyond accessibility, what distinguishes ARM Trustees in Nigeria’s trustee landscape?

Experience and integrity set ARM Trustees apart. For over 25 years, the firm has served families, businesses, and governments with bespoke trust structures tailored to each client’s needs. Trustees act strictly in beneficiaries’ best interests and keep trust assets separate, backed by strong internal controls and regulatory compliance. Environmental, social, and governance considerations are woven into the company’s operations because responsible stewardship goes hand in hand with financial performance. ARM Trustees is also a trusted partner in cross-border transactions, bringing Nigerian expertise to global deals.

How does the company ensure it stays ahead of industry trends and regulatory changes?

Staying ahead is part of the trustee’s mandate. Our teams participate in industry forums and training and gather feedback from clients to understand evolving needs. Compliance specialists monitor regulations so structures can be updated promptly. Insights from research inform innovations like the estateplanning portal and improved reporting. Clients can rely on ARM Trustees to handle regulatory changes on their behalf. Regular surveys and close communication with clients also inform the company’s services.

Could you share a success story that illustrates your capability and values?

A notable achievement is the multi-billion-naira ESG bond ARM Trustees structured for a leading Nigerian company. The transaction funded projects with social and environmental impact. Working with the issuer, advisers, and regulators, the team built a compliant structure, managed documentation, and disbursed funds transparently. Oversight continued after issuance to protect investors. The transaction proved that investors will back instruments advancing Nigeria’s sustainabledevelopment goals while delivering returns, illustrating that complex deals can align financial objectives with ethical values.

Trust is central to trustee services. How does the company guarantee transparency and protect clients’ assets?

Trust is built through openness and accountability. Clients receive regular reports, and no decision is made without multiple reviews. Funds are segregated and held with reputable custodians under a robust risk framework. Trustees are legally bound to act in beneficiaries’ interests, and that culture is reinforced through ongoing training. The online portal gives clients real-time access to documents and performance, so they can see exactly what is being done on their behalf.

Where does technology fit into the future of trustee services, and how is ARM Trustees using it now?

Technology is redefining the trustee profession. The portal allows clients to draft wills or trusts, track assets, and get alerts when updates are needed. Documents are stored securely yet remain instantly accessible. The company is exploring block chain applications to make records tamper-proof and authentication faster. The overarching goal is to let clients manage their legacy conveniently and securely from any device.

What are the biggest challenges facing trustees in Nigeria today, and how does ARM Trustees address them?

Trustees operate in a volatile environment. Exchangerate swings, economic shifts, and regulatory changes can all affect trusts. To manage this, ARM Trustees offers a broad range of services — from living and family trusts to corporate and capitalmarket mandates — and invests in market intelligence to anticipate changes. The firm engages with regulators and peers to support policies that protect investors and foster innovation. By staying adaptable and informed, the company helps clients navigate uncertainty without compromising compliance or performance.

What is the vision for ARM Trustees’ growth, and how will the company keep delivering value?

The vision is to be the most trusted and innovative partner for estate planning in Nigeria and beyond. The firm plans to expand into new trust segments, deepen its capitalmarkets work, and enhance cross-border capabilities for the diaspora. Investments in tools that simplify estate planning, training empathetic professionals, and building strategic alliances are central to this growth. Throughout, the promise remains to protect and grow clients’ assets while honoring their values. If you are ready to start planning, we encourage you to reach out; your legacy deserves professional care.

LEADWAY TRUSTEES: SETTING THE STANDARD FOR EXCELLENCE IN TRUSTEE SERVICES

“When it comes to securing assets and planning for the future, trust companies are often the unsung heroes of Nigeria’s financial landscape. We spoke with Leadway Trustees, a company built on a foundation of trust and integrity, to explore its approach to delivering top-notch trustee services and staying ahead in a rapidly evolving industry, In this special interview with The Guardian, the experts at Leadway Trustees took us through the company’s client-centric approach, innovative solutions, and commitment to delivering exceptional trustee services. From navigating regulatory complexities to harnessing the power of technology, highlihting the strategies that set Leadway Trustees apart and position it for growth and success in the years to come.”

What sets Leadway Trustees apart as a trust service provider in Nigeria, and how do you maintain excellence in your services?
Leadway Trustees distinguishes itself through a client-centric approach, deep industry expertise, and the backing of the Leadway Group’s legacy of trust and integrity. Our services are delivered by professionals with extensive experience in law, finance, and trust administration. We maintain excellence by prioritizing compliance, innovation, and continuous professional development, ensuring that our clients receive timely, bespoke, and legally sound solutions tailored to their unique needs.

How do you stay ahead of industry trends and regulatory changes, and what impact do these have on your operations?
We stay ahead by maintaining close relationships with regulatory bodies and by participating actively in industry forums and professional associations. Our legal and compliance teams closely monitor emerging regulations and global best practices, which enables us to adapt swiftly, update our processes, and ensure our clients are always on the right side of the law.

This proactive approach keeps our operations agile, compliant, and forward-thinking.

Can you share a notable achievement or success story from your company that showcases your expertise in trust services?

We have notable achievements too many to mention. From successfully structuring and administering multi-generational family trusts that involved complex real estate and investment portfolios across multiple jurisdictions, to acting as trustees in complex finance structures and bonds issuances. Our ability to deliver seamless succession and wealth preservation structures not only safeguards the family legacies but also earns us long-term partnerships with several family members and referrals to new clients, corporate, private and public. This is a testament to our capacity to provide strategic, enduring solutions to our clients.

How do you ensure transparency, accountability, and integrity in your trust services, and what measures are in place to protect clients’ assets?

We operate on a foundation of trust, guided by strict fiduciary standards. We ensure transparency through regular, detailed reporting, open communication, and independent audits. Client assets are segregated and protected under trust structures, and our operations are backed by strong internal controls, insurance coverage, and a zero-tolerance policy for ethical breaches. Our governance framework ensures that every decision is made in the best interest of the client, leaning on the various agreements in the transaction documents.

What are some of the most significant challenges facing trust companies in Nigeria today, and how is your company addressing these challenges?

Key challenges include low awareness about trust structures, regulatory complexity, and evolving client expectations.

We address these by investing in public education, simplifying our offerings, and leveraging our in-house legal expertise to navigate regulatory hurdles. Additionally, we continue to innovate by offering flexible, tech-enabled solutions that resonate with today’s increasingly sophisticated clientele.

How do you build and maintain strong relationships with your clients, and what kind of support do you offer them?

We believe in building long-term relationships anchored on mutual respect and trust. Each client is assigned a dedicated relationship manager who provides ongoing support, ensures responsiveness, and facilitates timely execution of instructions. We also offer advisory services, legal reviews, and regular updates to keep clients informed and empowered to make decisions that align with their legacy and financial goals.

What role do you see technology playing in the future of trust services, and how is your company leveraging technology to enhance its operations?

Technology is transforming trust services by enhancing efficiency, accessibility, and transparency. At Leadway Trustees we are embracing digital tools for secure document management, client onboarding, and portfolio monitoring. Our future plans include deploying AI-driven compliance tools, mobile-enabled client dashboards, and automation of routine processes to reduce turnaround times and deliver seamless client experiences.

Looking ahead, what are your company’s plans for growth and expansion, and how do you intend to continue delivering exceptional trustee services to your clients?

Our growth strategy includes deepening our footprint across Nigeria and West Africa, expanding our product offerings especially in foundation and philanthropic trust management and investing in human capital and digital infrastructure. We are also building strategic partnerships with financial institutions and law firms to create holistic solutions. Our commitment remains delivering exceptional value through personalized, innovative, and dependable trust services.

Kindly share with us some of your past awards and/or recognitions?
Leadway Trustees has been recognized for excellence in trust administration by several reputable bodies. These include the West Africa innovation Awards for Best Trust Company of the year (Best Customer Care Awards,2024) Additionally, we have received commendations from industry regulators for our contributions to investor protection and corporate governance.