UTL Trustees

We are UTL Trustees

We deliver bespoke Trust Services to our clients on a platform of Integrity, Expertise and Technology.

UTL Trust Management Services Limited, formerly known as Union Trustees Limited, boasts a rich history spanning over five decades, marked by unwavering professionalism and expertise in a variety of trust transactions. Originating in 1966 as a subsidiary of Barclays Bank (Nigeria) Limited, UTL embarked on its journey as a Nominee company.

Over the years, though our focus has evolved, with fund and portfolio management being placed in the hands of our subsidiary UTL Asset Management Limited (UTLAM), our legacy in the realm of Public, Corporate, and Private Trusteeship remains unparalleled. The roots of our success are deeply embedded in our beginnings as a Nominee company, shaping us into the reputable entity we are today.

As a testament to our commitment to excellence, UTL is duly licensed by the Securities and Exchange Commission (SEC) as a Trustee. While our services have transformed, our dedication to the principles of trust and reliability has stood the test of time, making UTL Trust Management Services Limited a trusted name with a history worth celebrating.
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Years of Providing Excellent Service
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Trust Transactions Since Inception

Antecedents of excellence

The UTL Brand embodies professionalism and excellent service as can be seen in our “highlight reel” of transactions.

Baze University Sukuk Issuance
Cititrust Holdings Private Notes Issuance
Bigoz Logistics Bond
Lagos State Sukuk
CRS Funding SPV Limited Cross River State Bond
Sujimoto Construction Bond
Jaiz Bank Sukuk
River Jamieson SPV Series 2 Bond (Edo State)
Project Jewel Sukuk SPV Limited Gombe State
KSIP Funding SPV Kano State Bond (Series 1)
ADAS Programme Limited Adamawa State
Greenland Growth SPV Kwara State
River Jamieson SPV Series 1 Bond (Edo State)
United Capital Plc
Coronation MB Funding SPV
Ondo State Bond
FBNQuest MB SPV Plc Bond
NSP – SPV Powercorp Plc S1 Bond
2LP Management Company Limited Plateau State Bond
Union Bank of Nigeria Plc Series 3 Fund
C&I Leasing Plc Series
Kogi State Bond
Viathan Series 1 Funding
Municipality Waste Management Bond Tranche A
Forte Oil Bond
Cross River State Bond
Bauchi State Bond
Oyo State Bond
Delta State Bond
Ekiti State Bond
MRS Group Loan Syndication
Lagos State Bond
Intels Nigeria Limited Bond
Akwa Ibom State Bond
Lagos State Bond
Delta State Bond
Erisco Foods Limited
DeeJones Petroleum and Gas Limited
Gitto Costruzioni Generali Nigeria Limited
SWIFT Networks
United Bank of Africa
Union Trustees Limited

Our history

Timeline of company events

Company Founded

Officially rebranded as UTL Trustees

Launch of Willpower, award winning online Estate-Planning platform

Incorporation of Asset Management Spinoff, UTL Asset Management

Our Values

E . T . T . T . H . I . C . S .

Expertise

ensures that we strive to be leaders in developing knowledge, pushing back the boundaries of research in our field of business. This enables us to act with utmost professionalism.

focuses on operating efficiently (competent use of resources (human, material and financial) in providing value for the organization, acting with due concern for the interests of our stakeholders and conducting ourselves with integrity and strength.

explains the coordinated efforts and commitment of each one together to meet the needs of our stakeholders and to ensure the organization succeeds while showing interest and support for each other.

infers honesty and openness in all our dealings with our stakeholders. It is the pledge that we conduct our business activities & practices with complete and open clarity. This implies complete behavioural predictability on assignments.

denotes our ability to be driven, determined and diligent which prepares us to work through difficult situations when they arise and come out stronger on the other end.

 focuses on building and maintaining relationships with stake holders based on honesty, strong moral principles, openness and respect. This allows us to earn their trust, and enable the delivery of World Class, Qualitative, Efficient and Timely Public, Corporate and Private Trusteeship as well as Fund/Portfolio Management services.

entails being dedicated and passionate about serving and ensuring the success of our clients, employers and shareholders in achieving their financial objectives.

is performing assigned tasks/assignments and exceeding stakeholders’ expectations, efficiently without compromising quality, thereby increasing organizational profitability & growth from referrals, repeat business and advocates.

Our Awards

Our People

In tandem with the expansion of our business, we prioritize the growth of our team.

We actively engage in recruiting, retaining, and fostering the development of top-tier talent to ensure a workforce of highly skilled specialists committed to delivering consistently exceptional service. Emphasizing open and transparent communication, we actively encourage our employees to contribute ideas and suggest improvements.

We offer well-defined career progression opportunities, implement specialized management programs, and strive to establish a sustainable work environment. Our commitment to cultivating a culture of high performance is unwavering.

Let's talk

Contact us and a member of our team will be in touch.