The accountancy community in the country is in ecstasy as the doyen of the profession in Nigeria Mr. Akintola Williams has clocked a century on earth.
To underscore the significance of the event, ICAN awarded scholarships to the best performing accountancy students in eight (8) universities in the country.
The recipients of the award of N250,000 each include
Oladele Toyosi Michael, University of Lagos;
Akande Marvelous Feranmi , University of Abuja;
Omotoso David Ayomide, Ahmadu Bello University ;
Isaac Mark ,University of Maiduguri;
Ogbodo Anthonia, University of Nigeria, Nsukka;
Ichella Victory Chinyere, University of Port Harcourt;
Uche Emmanuel Miti, University of Benin and
Dakwak Nerat Musa, University of Jos.
Delivering his speech at a special council session in honour of Pa Akintola Williams, ICAN President Mazi Nnamdi Okwuadigbo, FCA, described Mr. Williams as a man of “unparalleled and visionary leadership qualities; a trailblazer of no mean repute; a role model; a manager of men and resources and an organizer of unequalled status”.
He posited that Akintola Williams was divinely assigned to be an advocate of integrity and architect of accounting profession not only in Nigeria but also the entire African continent.
Reputed to be the first sub-Sahara African to become a chartered accountant after he passed the qualifying examination of the Institute of Chartered Accountants of England and Wales (ICAEW) in 1949, Williams played a leading role in the development of accountancy profession in the country by facilitating the establishment of the Association of Accountants in Nigeria, which metamorphosed into the Institute of Chartered Accountants of Nigeria (ICAN).
He went on to become a founding member of ICAN and was also involved in establishing the Nigerian Stock Exchange. A seasoned administrator, Williams was an outstanding accountant, management consultant and serial entrepreneur in his active working days.
After his early education in Nigeria, Williams obtained a Bachelor of Commerce Degree (majoring in Banking and Finance) from the University of London in 1946 before he qualified as a Chartered Accountant in England. He worked with the Inland Revenue as an assessment officer from 1950 to 1952, when he left the civil service and founded Akintola Williams & Co., the first indigenous firm of chartered accountants in Africa (now Deloitte & Touche Nigeria).