Legal & Recovery Manager
COMMERCIAL BANK OF AFRICA
Total years of experience :20 years, 0 Months
Manage the timely and proper perfection of all Bank securities for customers
(Corporate, and Personal Banking) and staff by liaising with external advocates to
ensure that all documents and information necessary for perfection of securities is
provided as fast as possible, reviewing the draft security documents, for the bank
and the CBA Group where there is co-lending, ensuring proper execution by the
parties and reviewing the registered documents to confirm proper perfection.
* Analyze and provide legal advice to business units in structuring financing and
other business deals, advising on the security structures for the different
arrangements.
* Assist and participate in all negotiations, drafting and implementation of contracts
and agreements in which the bank is a party.
* Review of all agreements and documentations relating to any ventures being
considered by the Bank at both the overall Bank level and at the departmental level,
drafting and reviewing drafts of agreements prepared to capture the intended deal,
negotiate the contract (where so required) and pursue completion (execution as
appropriate) of the same in good time
* Continuous review of the Bank’s standard documents/forms and existing security
documents to ensure compliance with current legislation and other changes in the
regulatory environment
* Manage in conjunction with the Remedial Management Unit (RMU) the recovery
process on bad loans by liaising with external lawyers to ensure that all documents
and information necessary for recovery process is provided as fast as possible;
3 | Page
providing legal advice in-house to facilitate necessary action by the RMU Team,
meeting and facilitating negotiations with bad debtors for settlements, preparing
Memos to approving authorities for approval of settlement arrangements and
review of securities to support realization efforts.
* Provide general legal advice to all bank departments on banking issues from
account opening to operation of court orders and TRA demands on bank accounts,
legal advice/support to staff on general matters and facilitate the training of staff on
securities and legal issues relating to lending.
* Review and provide legal on tender documents.
* Advise the Managing Director in all statutory and legal matters relating to the
banking business.
* Overseer the adherence to the law relating to the banking industry.
* Assist the Company Secretary in sealing of documents, witnessing of execution by
the Bank on Facility Letters and other contracts, taking minutes at sittings of the
various Management Committees and AGMs, preparing the Board Paper on
litigation against the Bank, managing of statutory duties for the Bank and its
departments.
* Manage the legal services and provision of legal advice in efficient manner on all
issues affecting the Bank,
* Ensure that the Bank complies with all statutory and legal requirements including
but not limited to the Companies Act and banking regulations (central bank acts,
guidelines and circulars).
* Act as a Company Secretary to the Bank and perform all company secretarial duties
including but not limited to attending Board of Directors Meeting, Board of Audit
and Risk and Management Meeting Committees.
* Conduct in-house training to Corporate, Credit, Remedial and Legal Department
of the Bank.
* Briefing, monitoring and managing external lawyers to ensure legal presentation
is effective;
* Preparing contracts for the organization, rendering legal contractual legal opinions
On behalf of clients/organizations:
______________________________________________________________________________________
• Conduct Security Audit for top 100 customers of one of the Bank where the main task
was to examine and study respective files as provided by the Bank for audit purposes
and ensure that the security documentation are in order, effective and legally
enforceable under the Tanzania Legal regime;
• Undertake company secretarial matters including; attend to the annual compliance
requirements; attending to corporate governance issues; facilitate the incorporation
and registration of companies with the relevant government authorities; assist with
application of permits and licenses;
• Keep custody of company records and maintenance of company registers;
4 | Page
• Handling different corporate transactions including corporate restructuring and
reorganization, due diligence and trust arrangements;
• Organize and attend corporate meetings and preparing minutes thereof;
• Provide legal advice and opinion on various issues on Company law, Labour law and
law of Contract;
• Review various legal documents such as agreements, contracts, deeds, notices,
minutes, memorandum and articles of association, memorandum of understanding,
affidavits and demand notes.
• Review bank's security documentation and status to ensure that the bank is fully
covered at all times.
• Act as Company Secretary for 35 holding companies;
• Draft and/or review, advice, negotiate and finalize legal documentation relevant to the
proposed transaction, including term sheets, loan agreements, lines of credit agreements,
common terms agreements, security sharing agreement, guarantee agreements,
participation agreements, inter-creditor agreements, security documentation.
• Advise the board on governance matters;
• Prepare security documentation to wit : Mortgage deeds, Debentures, Spouse Consent,
Deed of Variation, Lien, Notice of deposit, Chattel Mortgages, Guarantees and
Indemnities, Security Sharing Agreements and Security Sharing Agreements etc;
• Effect the registration over Mortgages, Guarantees and Debentures with respective
government departments (i.e. Municipality, Land Registries);
• Update Clients on legal developments (new enactments) in various areas of laws.
• Oversee and remind clients on validity and renewal of all licenses;
• Prepare updates and frequently advice on legal compliance matters to the clients.
• The Provision of Real Estate Services by implementing real estate legislation; planning
and zoning; advising on real estate finance; real estate investment, real estate investment
trusts, real estate litigation, real estate companies and providing custodial or nominee
management services.
• Assist the conveyance officer on the drafting review, negotiate and administer contracts,
planning and zoning.
• Monitoring compliance with the terms and conditions of various contracts entered to
by the Clients or their subsidiaries and at the same time to ensure that all rights,
privileges and entitlements of the clients under the said contracts and the laws of the
country are protected enjoyed by the Clients and not infringed upon.
• The Provision of Real Estate Services by implementing real estate legislation; planning
and zoning; advising on real estate finance; real estate investment, real estate investment
trusts, real estate litigation, real estate companies and providing custodial or nominee
management services.
• Assisting the conveyance officer on the drafting review, negotiate and administer
contracts, planning and zoning
• Supervising and overseeing the review, negotiation and drafting of major contracts,
tender documents and other legal documents, as required by the operational
departments.
• The Provision of Real Estate Services by implementing real estate legislation; planning
and zoning; advising on real estate finance; real estate investment, real estate investment
5 | Page
trusts, real estate litigation, real estate companies and providing custodial or nominee
management services.
• Monitoring compliance with the terms and conditions of various contracts entered to
by the Clients or their subsidiaries and at the same time to ensure that all rights,
privileges and entitlements of the clients under the said contracts and the laws of the
country are protected enjoyed by the Clients and not infringed upon.
Sample list of clients:, KCB Bank Tanzania Limited, Commercial Bank of Africa (Tanzania)
Limited and Grumeti Reserves and its affiliated Companies, Equity Bank Tanzania
Limited, Bank of Africa Tanzania Limited, Friedkien Group of Companies, Burka Coffee
Estates and its affiliates, Quality Food Products Limited.
Advocates -Arusha.
Attending court sessions
6 | Page
* Prepare documents to be filed in the court of law
* Carry out research on case laws (precedent),
* Giving opinion on legal matters research.
* Drafting of various legal documents and pleadings
* Drafting agreements
* Prepared and arranged case files before scheduled dates and also
ensured that all necessary documents have been filed in the
District Court, Resident Magistrate’s Court, District Housing and
Land Tribunal, different divisions of the High Court of Tanzania
and the Court of Appeal of Tanzania.
* To perform any duties assigned by the Legal Counsel
* Office administration in general
- Corporate, Conveyance and Investment Departments
______________________________________________________________________________________
Responsibilities:
• Providing legal advice and support on a wide range of activities including providing
legal opinion oil and gas and mining aspects. Agreements with partners; exploration,
development and production matters including drilling operations; midstream
development and operations as well as downstream matters;
• Land acquisition, environmental and social issues including dispute resettlement
with local villagers;
• Local corporate issues such as company law, labor law, lease agreements, tax and
insurance;
• Preparing documents for Board Meetings;
• Researching on different areas of the laws to wit; laws relating to mortgages, labour
Laws, Mining Laws, and Environmental Law, Land Laws telecommunication laws
and Capital Market and Securities.
• Assisting the conveyance officer on the drafting review, negotiate and administer
contracts, planning and zoning
• Handling corporate transactions
• Business department coordinator which include managing the department
• Acting as the communication channels between the corporate department and other
departments within the Firm
• Acting as a Board Member of Non-Government Organizations
• Prepare and supervise the preparation and drafting of briefs for matters that were
pending before the Court of Law.
courses: LLB Hons), University of Dar es Salaam, Tanzania Year: 1999 –2003 Advance Level of Secondary Education, Bigwa Sisters Secondary School (Tanzania) Year: 1996-1998 Ordinary Level of Secondary Education, Kifungilo Girls Secondary Schools (Tanzania) Year: 1992- 1995