United Capital Trustees, a subsidiary of United Capital Plc, has announced the appointment of Michael Thomas as its new managing director/chief executive officer.
A statement made available to The PUNCH on Tuesday indicated that the appointment, which had been approved by the Securities and Exchange Commission, marked a leadership change for the company.
According to the firm, Thomas brings nearly two decades of expertise in trust services, legal compliance, and wealth management to his new role.
It noted that his experience included managing large-scale trust transactions, public bonds, corporate debt issuance, estate planning, and securitisation.
It stated that in his new position, Thomas would lead the strategic direction, operations, and growth initiatives of United Capital Trustees, aiming to strengthen the company’s market position and drive continued success.
The Group CEO of United Capital Plc, Peter Ashade, expressed enthusiasm about the appointment, stating, “We are thrilled to welcome Michael Abiodun Thomas to our group. His deep industry knowledge and proven leadership will be invaluable as we advance United Capital Trustees’ mission. We are confident that his strategic vision will enhance our service delivery and contribute to the growth of Nigeria’s financial sector.”
Thomas responded, “I am honoured to lead United Capital Trustees. We will leverage innovative digital solutions to advance our trust services and deliver exceptional client experiences.”
-By Temitope Aina