United Capital Trustees, a division of United Capital Group, has announced the appointment of Mr. Michael Thomas as its new Managing Director.

The company revealed that this decision came after a thorough approval process conducted by the Securities and Exchange Commission (SEC).

Mr. Thomas brings nearly 20 years of expertise in trust services, legal compliance, and wealth management, with a solid history of overseeing significant trust transactions, including public bonds, corporate debt issuance, estate planning, and securitization. In his new position, he will lead the overall business strategy, operations, and development of United Capital Trustees, guiding the firm towards sustained growth and market prominence.

“We are delighted to welcome Michael Abiodun Thomas to our Group,” said Peter Ashade, Group CEO of United Capital Group. “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 served in several prominent leadership roles within the trust services sector, notably as Executive Director at ARM Trustees Ltd, a part of the ARM Group. He possesses a Master’s degree in International Business Law from Cumbria University in the UK, along with a Post-graduate Diploma in the Law of Trust from Queen Mary University.

Additionally, he is a graduate of the Advanced Management Programme (AMP) at Lagos Business School and is affiliated with professional organizations such as the Nigerian Bar Association and the Association of Corporate and Individual Investment Advisers (CIIA).

Upon reflecting on his new position, Thomas expressed his gratitude and pride in assuming the role at United Capital Trustees.

“This is the foremost and largest trustee service provider in Nigeria and I am incredibly humbled to lead this phase of the business. I look forward to building on its strong legacy of excellence for sustainable growth.

In an era where technology and digitization 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,” Thomas said.