By Moses Ebosele, ebosele@hotmail.com
Members of the Board of Directors across all companies within the Coscharis Group have reaffirmed their commitment to delivering sustained value to stakeholders, following the conclusion of their annual strategy retreat held in Lagos.
In a statement issued over the weekend by Abiona Babarinde, General Manager, Marketing and Corporate Communications, the Group said the retreat ended with a firm resolution to deepen execution discipline, enhance capital efficiency, strengthen governance structures, and promote a results-driven corporate culture across its diverse operations.
The organisation, known for representing globally respected brands in sectors including automotive, logistics and leasing, information technology, agro-allied, chemicals, beverages, and property, emphasized the need to leverage its brand strength and diversified portfolio to drive future growth.
Speaking at the opening session, Group Chairman, Cosmas Maduka, urged business leaders within the Group to adopt realistic and forward-looking strategies capable of sustaining growth and ensuring long-term relevance in an evolving market environment.
“We cannot afford to be comfortable with our historical growth. We must challenge ourselves to achieve our full potential by delivering futuristic value propositions that will secure customer loyalty sustainably,” he said. “We must remain dynamic, innovative, and continuously build new capabilities to stay relevant in delivering value to our stakeholders.”
He further stressed the need for the Group to expand its outlook beyond Nigeria by building globally competitive solutions anchored on its long-standing reputation for representing iconic brands across Africa and beyond.
The retreat, which focused on reviewing the Group’s 2025 performance and outlining strategic priorities for 2026, featured presentations from industry experts on key business themes.
Among them was Ekundayo Mesagan of Pan-Atlantic University, who provided insights on the economic outlook and its implications for the Group. Chidi Okoro, a Senior Fellow at Lagos Business School, delivered a session on commercial strategy execution, while Ted Theodore, Executive Chairman and Managing Partner of ISCHUS Management Consultancy, spoke on sustaining culture and leadership.
Presentations on board governance trends and maturity were delivered by Mike Ikpoki and Andrew Esemezie of African Context Advisory Partners, who also served as facilitators for the retreat.
In his closing remarks, Deputy Group Managing Director, Fred Amobi, said the outcomes of the retreat should serve as a catalyst for repositioning the Group for its next growth phase.
“As an organisation, we must now equip and position our companies to proactively shape the future of our offerings. This requires disciplined and effective execution of our strategies to meet evolving customer needs,” he noted.
At the end of the retreat, board members across the Group expressed confidence in their renewed strategic direction, noting that the deliberations had equipped them to lead their respective companies toward achieving the Group’s medium-term growth objectives from 2026.
