Economy
LEADWAY Capital and Trusts Ltd., on Thursday, reassured its clients of commitment to creating a sustained value through innovative financial solutions, trusteeship and microcredit services.
The Managing Director of the company, Mr Ayo Wuraola, gave the assurance in an interview with the News Agency of Nigeria (NAN) at a media parley in Lagos.
Wuraola said that the company’s trusteeship model facilitated more transactions for issuers while securing the interests of investors and lenders.
According to him, as trustees, the company acts on behalf of clients, ensures that their interests are well represented and their investments and final wishes safeguarded.
“This is done through proper documentation such as wills and trusts, including education and estate trusts.
“Our related investment services encompasses selected short term loans, leases, LPO financing and targeted micro-loans,” he said.
According to him, the capital and trust firm is positioned for greater impact on the Nigerian economy.
The managing director said that trust played a pivotal role in commerce, especially in a global landscape where transactions often involved parties in distant locations.
Wuraola expressed optimism of an exponential growth in trust business in the next few years, adding that its role was strategic in the economy.
He said that the future of trust services was promising, driven by factors such as the growth of credit in Nigeria, as more institutions provided financial services to
individuals and small businesses.
The managing director stated that the firm was cognisant of its potential impact and had outlined strategic initiatives to assume a leadership position in the industry.
“These initiatives aligns with the positive trajectory of increased investment in
agriculture.
“In recognising the vital role of trust companies through the value chain, Leadway Capital and Trust aims to be at the forefront of facilitating economic growth and financial inclusivity.
“The company’s commitment extends to empowering women entrepreneurs,
supporting small businesses, leveraging technology, and aligning with
government initiatives,” he said.
NAN
18th January 2024
C.E
Tags: Ayo Wuraola Leadway
