We are CardinalStone Trustees, our sole business is trusteeship, as we play a key role and act as intermediary in financial and non-financial transactions. We are charged with protecting the interests of Lenders and Investors, keeping custody of assets, documents, rights, shares, funds, and other holdings in financial transactions.
What We Do
We provide best-in-class services to our wide array of clients with our areas of specialization as Trustees in but not limited to the following:
Private Trust
We proffer private trust advice to clients on strategies for effective estate planning. Estate Planning includes drawing up...
Corporate Trust
We act as Trustees to Corporate Bond Issues/Private Note Issuances, Debenture Trusts under Consortium Finance/Syndicated...
Public Trust
As Trustees, we represent the interests of Bondholders/Unitholders in transactions such as: FGN-backed Bonds and State Bond Issues...
Board and Management

Femi Faturoti
Femi Faturoti

Mohammed Garuba
Mohammed Garuba

Micheal Nzewi
Micheal Nzewi

Tosin Ojo
Tosin Ojo

Ereifemi Akeredolu
Ereifemi Akeredolu

Chairman
Femi Faturoti
Femi is a graduate of insurance from the University of Lagos and a member of the Chartered Insurance Institute of Nigeria and London, Chartered Management Institute, United Kingdom. He is an Alumnus of the Aberdeen Business School, Robert Gordon University, United Kingdom where he acquired a Master of Business Administration in Oil and Gas Management.
He started his work career with the Pipeline and Products Marketing Company (PPMC-NNPC) and later joined the marketing team of standard Alliance Insurance Limited in year 2000. He left Standard Alliance as Unit Head, Energy & Financial Institutions II in 2003 to join Consolidated Risk Insurers (CRI), a start-up company, as pioneer Deputy Manager responsible for Energy and Financial Institutions.
Femi left CRI in 2005 to start up the client services and business development department of Y.O.A Insurance Brokers Limited, an exclusive Nigerian partner to JLT Group United Kingdom. He has attended various management and energy courses in Nigeria, France, United Kingdom and the United States of America. Femi is responsible for strategy, business development and client/key account management.

Director
Mohammed Garuba
Mohammed is one of the founding partners of CardinalStone and has served as the Head of Asset Management for the past 8 years. Prior to joining the firm, Mohammed served as Director of Equity Securities at Renaissance Capital and served as Managing Director/Chief Operating Officer of Zenith Securities Limited, a subsidiary of Zenith Bank Plc.
Mohammed began his professional career in the Finance and Treasury Department of Intercellular Nigeria Limited; soon after which he began his banking career at Investment Banking & Trust Company Limited (Now Stanbic IBTC Bank Plc).
Mohammed holds a B.Sc. in Insurance from the University of Lagos and an MBA from London Business School. He is also a Fellow of the Institute of Chartered Accountants of Nigeria and the Chartered Institute of Stockbrokers. He is an Authorized Dealing Clerk of the Nigerian Stock Exchange.

Non-Executive Director
Micheal Nzewi
Mr. Michael Nzewi is one of the founding partners of CardinalStone and has been Managing Director of the Company since January 2017
Michael served as a Director in the Capital Markets division of Standard Chartered Bank (SCB), London. Prior to SCB, Michael served as the Head of Corporate Finance at Vetiva Capital Management
Michael holds a BSc. in Accounting from the University of Benin, Nigeria and an MBA from Said Business School, Oxford University, UK
He is an Associate of the Institute of Chartered Accountants of Nigeria

Non-Executive Director
Tosin Ojo
Tosin has over 12 years of experience, spanning investment research, asset management & financial advisory. Prior to Sahel, Tosin had worked with Chapel Hill Denham, CardinalStone & led Verboheit – a financial advisory firm she co-founded, where she led engagements to provide financial advisory, business planning, valuation & capital raising services to clients in the agribusiness, retail & renewable energy sectors.
At Chapel Hill Denham, she was an investment manager for the women-focused impact investment platform (SME.NG) and worked as VP in the CEO’s office, providing analytical support on strategic projects. While at CardinalStone, she led the investment management team managing over $25million in stocks, Eurobonds, money market instruments and direct real estate investment products. She also led sell side research analysts and held engagements with international buy-side analysts, portfolio managers and board level executives of listed companies.
Tosin is a CFA charter holder. She also holds a B.Sc. in Microbiology (First Class Honors) from Obafemi Awolowo University, and an MBA from Oxford’s Said Business School.

Managing Director
Ereifemi Akeredolu
Ereifemi is the MD/CEO of CardinalStone Trustees Limited. Prior to Joining CardinalStone, she was the Head, Private Trust at United Capital Trustees Limited, a subsidiary of United Capital PLC, where she was instrumental to driving one of the fastest growing Private Trust fund in Nigeria. She is a seasoned professional with over a decade experience in Trust Services, Asset Management & Wealth Advisory, Treasury, Fund & Portfolio Management, Retirement Benefit Administration, Personal Finance Advisory, Private Banking, Insurance and Underwriting, Financial Planning, Customer Relationship Management, Funds Management, etc. in her past roles at organizations like Investment One Financial Services, Ensure Insurance Plc (now Allianz Nigeria), AXA Mansard Insurance; and Afrinvest West Africa.
She is an Associate Chartered Insurance professional of the Chartered Insurance Institute, Nigeria. She holds an MBA degree in Business Administration and Strategic Management from the Business School, Netherlands; Certificate in Insurance from the Chartered Insurance Institute, United Kingdom; Barrister -at-Law (B.L) from the Nigerian Law School; and bachelor’s degree in Law (LL. B) from Ondo State University.