STL Trustees Launches STL Capital Group for Enhanced Services

STL Trustees Limited officially launched STL Capital Group, a new holding structure designed to consolidate its trusteeship, asset management, and advisory services. Funmi Ekundayo, Managing Director of STL Trustees Limited, stated that this restructuring aims to create greater value for clients by integrating the company's diverse capabilities.

The new structure allows STL to offer a wider range of solutions, including corporate trusteeship, wealth preservation, estate planning, investment management, capital raising, and financial advisory services. This move received approval from the Securities and Exchange Commission (SEC), enabling operations within a Capital Market Holding Company framework while maintaining regulatory boundaries for each subsidiary.

Ekundayo noted that the evolution of the group is rooted in STL Trustees’ over three decades of experience in Nigeria's capital market. Akinwumi Oni, Executive Director of STL Trustees, emphasized that the new structure positions the group to effectively respond to opportunities in the Nigerian economy and financial markets.