CoSec Administrators – Helping Businesses Focus on Their Goals

About Cosec Administrators

CoSec Administrators provides governance, company secretarial and compliance support to corporations and not-for-profit organisations. Our objective is to help clients focus on their core mandate by providing the support they require to build and grow sustainable businesses. We are able to assist individuals as well as different entities, from start-ups, family-owned businesses, and companies in regulated industries.

Our consultants understand the Nigerian macroeconomic, business and socio-political environments, and the governance and compliance challenges Nigerian companies grapple with. They have decades of experience providing company secretarial and governance support to companies and have a sterling reputation for delivering exceptional client service. Insights from our extensive cross-disciplinary experience mean that we are well equipped to provide holistic guidance on the governance and compliance issues our clients will encounter in the course of running their business or managing their boards.

CoSec Administrators is proficient in business advisory including incorporation and business set up, company secretarial and regulatory compliance.

A provider of best-in-class corporate governance, company secretarial and administration services.

Our clients choose us for our expertise and exceptional client service.

CoSec Administrators supports in-house legal and governance teams with services such as director evaluation, board and management training, strategy review. Outsourcing your company secretarial and administration services to CoSec Administrators enables you to focus on your core business. Companies without an in-house secretariat can continue to deploy all their efforts towards achieving their business goals while CoSec provides global standard corporate governance and compliance support. Clients are assured of our professional and efficient service.

Understanding our clients and their needs is a cornerstone of our service. We commence our engagements by appraising the client’s industry, business model, the support required for their current stage and upward trajectory. This intensive focus on understanding the client and the bespoke service delivery it engenders is appreciated by clients. Our clientele has grown largely on the strength of satisfied clients referring us to prospective clients.

Our strengths include our local and global experience covering several industries and jurisdictions, specialized skill set and our ability to provide customized solutions. Our specialist approach ensures that we remain flexible and nimble in addressing clients’ needs.

Our Services

Corporate Governance

CoSec Administrators helps businesses and non-profit organisations focus on their core mandate by providing the corporate governance support they require to be sustainable.

We have deep understanding of contemporary corporate governance; standards and practices, the issues organisations encounter , and the expertise to support organisations at different stages in their life cycle.

We design governance framework for companies and review the efficacy of existing programs. We assist with developing an appropriate board structure, onboarding and evaluation services amidst a range of other services. Our experience includes advising on leadership structures, director selection, director induction, board orientation, board functions, preparing and reviewing guidelines, committee charters, codes of ethics and other governance-related materials required to comply with regulatory requirements and best practices.

Our aim is to help organisations embed sound corporate governance practices.

CoSec Administrators governance services include but is not limited to:

Design and review of governance structures, policies and manuals.
Board skills assessment, evaluation and performance monitoring
Director search, induction and onboarding
Board Succession Planning

Company Secretarial

We are widely recognized as astute company secretaries. We are available to advise on the optimal corporate structure at the business ideation stage, re-organize existing corporate structures and advise on the dissolution and liquidation of dormant entities.

We have hands-on experience in managing all types of boards and committees. Our team has a firm grasp of company law, meeting procedure, and the emotional intelligence to manage diverse personalities. We serve as trusted advisors to the chairpersons of the boards we work with, providing counsel, a neutral sounding board and assistance with developing productive relationships with board members. We understand the time-bound nature of corporate decision-making and our fast turn-around time means we are able to work with management in actualizing board decisions.

As company secretaries, CoSec Administrators will provide all requisite corporate services including:

Incorporation and registration of new entities including representative office registration.
Annual Board Plans
Administration of meetings of the Board of Directors, Committees and General Meetings: agendas, minute taking, board packs.
Maintenance of corporate records
Corporate filings at the Companies registry statutory returns, resolutions and share registrations.
Management of employee share schemes
Country entry support such as the selection of investment structure, procurement of expatriate quotas and allied immigration permits, trademark protection, and interface with regulatory bodies.

Compliance Advisory

A properly designed and implemented compliance programme doubles as an effective risk mitigation tool – mitigating the imposition of fines and adverse publicity that may arise from non-compliance.

With our extensive knowledge of local laws and regulations, we are well-positioned to help clients deal effectively with myriad regulatory compliance issues, especially for businesses operating in regulated industries.

CoSec Administrators helps businesses maintain and document compliance with statutory corporate obligations in the most straightforward process. We support businesses in developing, managing and reviewing their regulatory compliance programmes. We also undertake compliance due diligence for mergers and acquisitions. .

CoSec Administrators compliance services include:

Development of regulatory compliance programmes, processes and policy documents
Compliance monitoring and reporting
Compliance due diligence exercises for transactions and business acquisitions

Real Estate

Our consultants understand the Nigerian property market and have extensive experience advising on different types of real estate transactions from private residential real estate transactions to complex turnkey real estate projects. We understand the interests of different stakeholders and can mitigate transaction risks by serving as escrow agents in property development and other real estate transactions.

CoSec Administrators provides the full spectrum of real estate services including:

Due Diligence
Contract Drafting and Review
Title Perfection.

Workshops and Training

We provide comprehensive and relevant training programmes in corporate governance, effective communication and estate planning amongst others. Our consultants are excellent facilitators keen on sharing their knowledge and are able to distil practical insights from both contemporary issues and their experience. Additionally, they can leverage on their wide network for additional training resources if required.

We provide board training, facilitate business writing training and company secretarial sessions. Our consultants have managed private trust business and have the ability to engage different audiences on trust and estate planning devices.

Our consultants provide training in the following areas:

Corporate governance and Board training
Corporate Communication and Business Writing
Trust & Estate Planning
Corporate strategy

Business Support

CoSec Administrators can provide representative services including a registered address for new businesses and assistance in leasing, buying and setting up office space.

CoSec Administrators Business Support services include:

Office Set-Up Service
Registered office/Correspondence address
Representative Director

Helping Businesses Focus on Their Goals

A provider of best-in-class corporate governance, company secretarial and administration services.

Our clients choose us for our expertise and exceptional client service.

Our Team

Banke Orimolade

Banke is an accomplished Counsel and Company Secretary with several decades of experience providing legal, corporate governance, company secretarial services, private trust and real estate services.

Banke was Company Secretary/General Counsel at Travant Capital Partners Limited (an alternative investment firm) and was the Head of the Corporate Services team at Ocean & Oil Holdings Limited. She was also Vice President at Asset & Resource Management Company (the holding company of the ARM Group). At ARM., she led the legal and compliance unit and was head of A.RM Trustees, where she had direct responsibility for managing the firm’s private trust business. Before joining A.R.M., she had working stints at Dunlop Nigeria Plc and the Lagos Busines School. Banke also worked with the corporate secretarial team of Bank of Montreal, Canada.

In these roles, she convened and serviced corporate meetings, implemented compliance systems and provided legal advice. She developed and implemented corporate governance frameworks, director orientation materials and trainings, and director evaluation processes. She has successfully coordinated meetings for regulated subsidiaries of a leading Canadian bank and other companies. Banke provides regulatory compliance advisory services for clients in different industries. Banke has facilitated several trainings on corporate governance and allied themes and provides advisory services to individuals seeking board appointments. She currently serves as an independent member on the investment committees of some listed mutual funds.

Banke has been involved in several financing and commercial transactions including the financing of real estate developments, a toll road development (a Lagos State Private Partnership project), balance sheet restructuring of a listed oil company, divestment of a foreign entity from a listed automobile entity, and legal entity restructuring of a trading conglomerate.

Banke obtained a Bachelor of Law degree from Obafemi Awolowo University, Ile-Ife and a Master of Law from Kings College, University of London. She is called to both the Nigerian and Ontario Bars and is an associate member of the Institute of Chartered Secretaries and Administrators.

Tayo Kola-Daisi

Tayo is an experienced Counsel and Company Secretary, with demonstrable expertise in corporate governance, company formation and corporate secretarial practice, statutory and regulatory compliance, legal structuring and restructuring, private and commercial trust and real estate.

She served as Company Secretary and Head of Legal Advisory and Compliance at Asset & Resource Management Company Ltd (the holding company of the ARM Group), and its trustee subsidiary, ARM Trustees for over a decade. In that role, she was primarily responsible for organizing meetings, maintaining corporate records, advising the board and implementing board decisions across the Group, as well as organizing statutory meetings of the publicly listed collective investment schemes managed by ARM. As a compliance professional, her hands-on knowledge of day to day corporate, regulatory and compliance requirements was instrumental in a significant management buy-out of the majority shareholder of the company and in other key corporate share transactions. She was also central to the process of conceptualizing and constituting some collective investment schemes, including the flagship, ARM Discovery Fund, as well as ensuring continuous adherence to compliance obligations under applicable laws and regulatory requirements.

As the primary governance officer, Tayo served as an invaluable contact for the board of directors and the executive management team on several issues including the design and maintenance of a sustainable governance framework. She was also responsible for preparing the company’s Code of Business Conduct & Ethics.

In her trusteeship role, Tayo advised high net worth individuals on trust and estate planning portfolios, managing clients’ assets in excess of a billion dollars. Tayo also has significant experience in structuring capital raising transactions, project finance, infrastructure finance and real estate. She acted as the lead in-house adviser on the Nigeria’s first Public Private Partnership (PPP) Toll Road Concession of the 49.5km Lekki-Epe road in Lagos State, and has been involved in various real estate projects such as the 15-hectare residential estate Fara Park Estate.

Before joining the ARM Group, Tayo had short stints with F.O. Akinrele & Co and Chapman & Francis LLP. She currently serves in an advisory capacity on Committees of some private companies.

Tayo holds a Bachelor of Law with First Class Honors from the University of Buckingham and a Master of Law from University of Cambridge. Before studying law, Tayo obtained a Bachelor of Arts in Linguistics from the University of Ilorin and was awarded University Scholar, as the best student in her department’s graduating year. Tayo is called to the Nigerian Bar and is a member of the Nigerian Institute of Chartered Arbitrators.