United Capital Trustees has announced the appointment of Michael Abiodun Thomas as its new Managing Director and Chief Executive Officer. This change comes after a thorough approval process by the Securities and Exchange Commission (SEC) and highlights United Capital’s commitment to strong leadership and governance.
Michael Abiodun Thomas joins United Capital Trustees with nearly 20 years of ervaring in trust services, legal compliance, and wealth management. His vast expertise includes managing large-scale trust transactions across various sectors such as public bonds, corporate debt issuance, estate planning, and securitization. This solid foundation makes him highly qualified to steer the company towards sustained growth and excellence.
Peter Ashade, the Group CEO of United Capital Group, expressed his excitement over Thomas’s arrival, stating, “We are delighted to welcome Michael to our 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.” Under Thomas’s stewardship, the company aims to enhance its service offerings and continue as a leader in Nigeria’s financial sector.
In his new position, Thomas will oversee the overall business strategy, operations, and development of United Capital Trustees. He aims to build upon the company’s established reputation and drive its market leadership. Reflecting on his appointment, Thomas said, “I am honored to take on the role of MD/Chief Executive 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.”
Thomas’s leadership strategy is set against a backdrop of rapid technological advancement in finance. He emphasized the importance of harnessing digital solutions to enhance trust services, ensuring that clients receive superior experiences coupled with operational excellence.
Before joining United Capital Trustees, Thomas held several key positions in the industry, including Executive Director at ARM Trustees Ltd, a subsidiary of the ARM Group. His impressive academic credentials include a Master’s in International Business Law from Cumbria University in the UK, a Post-graduate Diploma in Law of Trust from Queen Mary University, and participation in the Lagos Business School Advanced Management Programme. Additionally, he holds membership in professional organizations such as the Nigerian Bar Association and the Association of Corporate and Individual Investment Advisers.
With this appointment, United Capital Trustees reaffirms its position as the leading provider of trust services in Nigeria, poised for continued success under Thomas’s leadership. The company is known for delivering comprehensive financial solutions tailored to the diverse needs of individuals, families, and organizations.
As United Capital Trustees embarks on this new chapter, the group aims to integrate innovative and technological strategies into its operations, ensuring that it meets the evolving demands of its clientele while setting new standards in the financial services sector.
The appointment of Michael Abiodun Thomas marks a pivotal moment for United Capital Trustees. The leadership transition not only emphasizes a commitment to excellence but also positions the company for future growth and success in Nigeria’s competitive financial landscape.
