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About Us

The Association of Corporate Trustees (“ACT”) was formed in 2000. It was pioneered by a select group of Chief Executives of NIDB Trustees Limited (“NIDBTL”) and Skye Trustees Limited (“STL”).  The pioneering Chief Executives were Mr. Matty Adaba (“NIDBTL”) and Mr. George Feyi (”STL”) both retired from the Trusteeship Industry.  The temporary Secretariat was at NIDB Trustees Limited, a subsidiary of the defunct Nigerian Industrial Development Bank Limited (“NIDB”) now Bank of Industry, on Broad Street, Lagos. The secretariat was anchored by Mr. Samuel Odomokwu (Company Secretary, BOI Investments and Trustees Limited) and Mr. Bode Ayeku (Company Secretary, Nestle Plc).

The first Annual General Meeting and election of the substantive Executive Council of the ACT was hosted by First Trustees Nigeria Limited. The pioneer Executive Council of the ACT was:

  1. Mr. Matty Adaba (NIDB Trustees Limited) - President
  2. Mr. George Feyi (Skye Trustees Limited) - Vice President
  3. Mr. Leo Okafor (NAL Trustees Limited) - General Secretary
  4. Ms. Ada Maha (HNB Trustees Limited) - Asst. General Secretary
  5. Mrs. Toyin Sanni (First Trustees Nigeria Ltd.) - Treasurer
  6. Mrs. Funke Aiyepola (Union Trustees Ltd.) - Financial Secretary

The Trustees of the Association were:

  1.  Mr. Nsikak Ekure (First Trustees Nigeria Limited
  2.  Ms. Tokunbo Ajayi (UBA Trustees Limited)

The purpose and aim of forming the ACT was to create an umbrella body where issues affecting or concerning the industry and members are to be addressed with a common voice and where necessary relate with the regulatory authorities on behalf of the members.

The ACT is registered with the Securities & Exchange Commission as a Self Regulatory Organisation (“SRO”).  The ACT is registered with the Corporate Affairs Commission under Part B of the Companies and Allied Matters Act, Cap C20, Laws of the Federation of Nigeria 2004 with the name “Forum of Trust Houses”.

 

  • To provide a non-political forum for the promotion of the [practice of Trusteeship in Nigeria.
  • To regulate and harmonise the activities of members and enhance the exchange of information for their benefit and for the benefit of the Association.
  • To co-operate with the Securities & Exchange Commission, The Nigerian Stock Exchange, The Central Securities clearing System Limited any other institution which share the ideas and the objects of the Association.
  • To identify and associate with reputable local and international bodies or associations with similar objectives, aspirations and goals.
  • To promote, support or express opinions and procure such actions as may be deemed necessary on legislative matters or other government policies or actions.
  • For the purpose to serve as a forum for the discussion and the formulation of strategy to any issue that may affect members and other capital market operators and the capital market.
  • For the aforesaid purposes, to promote bills in parliament and adopt other measures for the development of the capital market.
  • For he aforesaid purpose to print or publish any newspapers, periodicals, books or leaflets that the association may think desirable for the promotion of its objects subject to the laws of the Federal Republic of Nigeria.
  • To promote the observance of prudent business practices amongst members, ensure integrity, professionalism and efficiency in the discharge of trusteeship duties.

The Association of Corporate Trustees is the forum for all registered Corporate Trustees in Nigeria. We interact, exchange information, support and promote trusteeship practice in Nigeria.

Our main purpose is to serve as the forum for discussion and formulation of strategy on any issue that may affect members, the capital market and other capital market operators.

Founded in 2003, The Association of Corporate Trustees is directed by its executive council which comprises of the President, Vice President, General Secretary, Assistant General Secretary, Treasurer and the Financial secretary.

Vision

To be the foremost Corporate Trustees association globally.

Mission

To regulate, harmonize, discuss and formulate strategy that will benefits our members globally and the association.

Aims and Objectives 

  • To provide a non-political forum for the promotion of the practice of Trusteeship in Nigeria.
  • To regulate and harmonise the activities of members and enhance the exchange of information for their benefit and for the benefit of the Association.
  • To co-operate with the Securities & Exchange Commission, The Nigerian Stock Exchange, The Central Securities clearing System Limited and any other institution which share the ideas and the objects of the Association.
  • To identify and associate with reputable local and international bodies or associations with similar objectives, aspirations and goals.
  • To promote, support or express opinions and procure such actions as may be deemed necessary on legislative matters or other government policies or actions.
  • For the purpose to serve as a forum for the discussion and the formulation of strategy to any issue that may affect members and other capital market operators and the capital market.
  • For the aforesaid purposes, to promote bills in parliament and adopt other measures for the development of the capital market.
  • For the aforesaid purpose to print or publish any newspapers, periodicals, books or leaflets that the association may think desirable for the promotion of its objects subject to the laws of the Federal Republic of Nigeria.
  • To promote the observance of prudent business practices amongst members, ensure integrity, professionalism and efficiency in the discharge of trusteeship duties.

All enquiries whether through mail or phone would be responded to in the shortest possible time from the time of receipt. Kindly call or mail the contacts below for your enquiries.

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The Association of Corporate Trustees is the forum for all registered Corporate Trustees in Nigeria. We interact, exchange information, support and promote trusteeship practice in Nigeria.

Our main purpose is to serve as the forum for discussion and formulation of strategy on any issue that may affect members, the capital market and other capital market operators.

Founded in 2003, The Association of Corporate Trustees is directed by its executive council which comprises of the President, Vice President, General Secretary, Assistant General Secretary, Treasurer and the Financial secretary.

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Contact Details

  • Secretariat:
    FBN Trustees Ltd,
    16-18 Keffi Street, Ikoyi, Lagos, Nigeria
  • +2348054531749, +234 1 2798300
  • info@corporatetrustees.com
Copyright © 2019 The Association of Corporate Trustees Nigeria. All Rights Reserved.
Joomla! is Free Software released under the GNU General Public License.

Contact Details

  • Secretariat:
    FBN Trustees Ltd,
    16-18 Keffi Street, Ikoyi, Lagos, Nigeria
  • +2348054531749, +234 1 2798300
  • info@corporatetrustees.com
Copyright © 2019 The Association of Corporate Trustees Nigeria. All Rights Reserved.
Joomla! is Free Software released under the GNU General Public License.