TheNewsGuru

Tag: Akintola Williams

  • Akintola Williams’ demise marks end of an era – Gov Abiodun

    Akintola Williams’ demise marks end of an era – Gov Abiodun

    Gov. Dapo Abiodun of Ogun on Monday in Abeokuta described the demise of Nigeria’s pioneer chartered accountant, Akintola Williams, as the end of an era.

    Williams was reported to have died on Monday at his residence in Lagos at the age of 104.

    The governor, in a statement he personally signed, lauded the immeasurable contributions of the late accountant to the field of Accountancy.

    “His impact in the profession will continue to be remembered and celebrated among generations of accountants in years to come.”

    Abiodun, therefore, prayed for the repose of his soul and for the family and well-wishers to have the fortitude to bear the irreplaceable loss.

    “While we are going to miss his priceless contributions for over seven decades in the field of Accounting, our solace lies in the profound legacies he left behind and his indelible footprints.

    “May God Almighty rest his soul and continue to strengthen his family, numerous mentees and all his admirers all over the world,” he said.

  • How Pa Akintola Williams died

    How Pa Akintola Williams died

    Nigeria’s first indigenous chartered accountant, Chief Akintola Williams died in his sleep, TheNewsGuru.com reports.

    TNG reports the doyen of accounting died on Monday (today) at the age of 104 at his house in Lagos State.

    Ogun State Gov, Abiodun confirms demise of Accounting Guru

    Meanwhile, the Governor of Ogun State, Prince Dapo Abiodun has confirmed the demise of the Pa Williams.

    Prince Abiodun in a statement described Pa Williams as an example of the true spirit of leadership and service.

    The statement reads: “It is with profound gratitude to God that I offer my heartfelt condolences on the passing of our beloved national ICON, Mr Akintola Williams, CBE, CFR, http://B.com, FCA, an illustrious son of Ogun State.

    “He was a guiding light, a beacon of hope, and a source of inspiration for all and the Accountancy profession in Nigeria.

    “His dedication to our country’s progress and his tireless efforts to bring about positive change have left an indelible mark on our society.

    “Mr Akintola Williams exemplified the true spirit of leadership and service, and his loss leaves a void that can never truly be filled.

    “As we mourn the departure of this remarkable individual, let us also celebrate the incredible legacy he left behind. His contributions will continue to shape our nation’s destiny for generations to come.

    “Please accept our deepest sympathies, and know that our entire state is united in sharing your sorrow. May God rest his departed soul”.

    What Akintola Williams was to accounting firm – ICAN member, economists

    Mr Joshua Oderinde, a former Chairman of the Institute of Chartered Accountants of Nigeria (ICAN), Ikeja District, has described the late Chief Akintola Williams as a blessing to the accounting profession in the country.

    Oderinde said this in an interview in Lagos on the death of Williams, who died in his sleep on Monday morning at the age of 104 years.

    “Williams has much impressive performance during his lifetime and the memory of him is full of positive impacts.

    “He was a father to all and a good example to follow. We called him doyen of accounting profession in Nigeria and Africa at large.

    “He was full of words of encouragement to both young and old in the industry.

    “As a young man, Akintola Wiiliams inspired me to go into the accounting profession .He was the first man to qualify as a chartered accountant in Nigeria.

    “His enormous contributions to the development of accounting profession cannot be overruled.

    “May God grant his soul eternal rest and comfort his family,” Oderinde said.

    Also, Dr Tunde Adeoye, an associate professor, commiserated with the family of Williams and Nigerians at large over the death of the accountant.

    Adeoye said that Nigeria had just lost one of its industrious sons who made his mark in the accounting profession.

    Adeoye said that the late Williams, who became chartered accountant in 1947, was instrumental and contributed to the establishment of  the well-known ICAN.

    He also said that he contributed immensely to development of that profession.

    “My prayer is that the Almighty will condole the immediate family he left behind and grant them to fortitude to bear the loss.”he said.

    Dr Muda Yusuf, Chief Executive Officer, Centre for the Promotion of Private Enterprise (CPPE), also said that Williams was a great accountant and a trailblazer.

    “Being the first indigenous professionally qualified accountant, he was was able to set up a standard accounting firm, comparable to most international one.

    “He was noted for his high integrity on the job”, he noted.

    TNG reports that Williams was the country’s first indigenous chartered accountant, who pioneered Nigeria’s accounting profession.

    Born in 1919, he was instrumental in developing the country’s financial sector.

    The renowned accountant studied accounting at the University of London and qualified as a chartered accountant in 1947.

    He returned to Nigeria and later set up his accounting firm, Akintola Williams & Co., now Deloitte & Touche, in 1952.

    Williams was also a strong advocate for developing the accounting profession in Nigeria.

    He was a founding member of the Institute of Chartered Accountants of Nigeria (ICAN) and was president from 1963 to 1965.

  • BREAKING: Accounting Guru, Pa Akintola Williams is dead

    BREAKING: Accounting Guru, Pa Akintola Williams is dead

    Emanating reports indicate that a guru in the accounting profession in Nigeria, Pa Akintola Williams is dead.

    TheNewsGuru.com (TNG) gathers Pa Williams, who was the first Nigerian to qualify as a Chartered Accountant, died in the early hours of today (Monday).

    Recall the revered accountant recently celebrated his 104th birthday. The foremost accountant celebrated his 104th birthday on August 9 this year.

    Aside from being the first Nigerian to qualify as a Chartered Accountant, he was also the first African to qualify as a Chartered Accountant.

    The late Chief Williams, born in 1919, established the first indigenous firm of Chartered Accountants in Nigeria.

    Akintola Williams Deloitte, founded by Pa Williams, is the oldest indigenous firm in Nigeria. He is also the Founder and Chairman of the Board of Trustees of the Musical Society of Nigeria (MUSON).

    Details of his demise and cause are still sketchy at the time of filing this report.

     

    Details shortly…

  • Renowned accountant, Akintola Williams hits 103, Buhari celebrates

    Renowned accountant, Akintola Williams hits 103, Buhari celebrates

    President Muhammadu Buhari has joined the family and friends of renowned accountant, Chief Akintola Williams, to celebrate his 103rd birthday.

    In a congratulatory message by his spokesman, Mr Femi Adesina, on Wednesday in Abuja, the president appreciated God for Williams’ grace of long life, strength and impact, particularly in service to the country.

    Buhari felicitated with Williams for scoring many firsts, which brought the spotlight to Nigeria and Africa.

    He said Williams was the first Nigerian to qualify as a chartered accountant in England in 1949, and starting the first indigenous chartered accounting firm in Africa in 1952.

    He noted other historic achievements of the chartered accountant in establishing Association of Accountants in Nigeria in 1960 with the goal of training accountants.

    The president also acknowledged Williams as a founding member and first President of the Institute of Chartered Accountants of Nigeria and full involvement in setting up the Nigerian Stock Exchange.

    Buhari also noted the many recognitions and awards he had received, including appointment as Commander of the Most Excellent Order of the British Empire in 1997.

    The president, who rejoiced with the chartered accountant, prayed for his wellbeing.

  • NSE celebrates Pa Akintola Williams at 100, beats closing gong

    NSE celebrates Pa Akintola Williams at 100, beats closing gong

    Pa Akintola Williams, the doyen of accounting in Nigeria, was honoured at the Nigerian Stock Exchange (NSE) with a closing bell ceremony on Monday, September 30, 2019.

    Pa Williams, who clocked a milestone of 100 years old in August, was specially celebrated by the NSE for his contribution to the establishment of the organisation.

    The centenarian is the only surviving signatory to the founding of the Nigerian Stock Exchange and was honoured with closing Monday’s trading activity at the exchange.

    This coincided with 58th Annual General Meeting (AGM) of the NSE, where the CEO of the Exchange, Mr Oscar Onyema, expressed his gratitude for the presence of Pa Akintola Williams.

    “Today is a big day for us at the exchange and it is a day we will cherish for a long time,” he remarked.

    Speaking further, he said, “In a country where life expectancy hovers around 55 years, clocking the century mark is indeed a great landmark. For Pa Williams, an even greater achievement is the quality in his 100 years. He has lived a life worthy of emulation, resolutely serving our nation at home and abroad, promoting best practices, deterring limitations, and inspiring everyone in his circle to more responsibilities.

    “This celebration presents another opportunity to reflect on his achievements and acknowledge the efforts that have brought him this far. It is my hope that we can continue to draw inspiration from his legacy to solve our pertinent socio-economic challenges”.

    On his part, Otunba Abimbola Ogunbanjo said “Pa. Williams played a significant role in the incorporation of NSE. He served as a member of the committee set up by the Federal Government of Nigeria to carry out a feasibility study on the viability of establishing a stock exchange in Nigeria.

    “Pa. Williams worked tirelessly and joined with several distinguished Nigerians to assess the promise and challenges associated with a new stock exchange in Nigeria. After six months of extensive research, the committee concluded that the establishment of a stock exchange in Nigeria was feasible, and timely.

    “As a member of the National Council of the Exchange, he contributed in no small measure to the growth of its listing portfolio and established rules reducing barriers for companies to list on The Exchange.

    “As the NSE continue to lead the advancement of the Nigerian capital market through inclusive products and services, we look back in gratitude to the contributions of visionary and patriotic icons like Pa. Williams.”

    Pa Akintola, during his comment, congratulated all the members of the stock exchange for their contributions and called on the exchange to further continue its duties.

    “I thank you all for assembling here today to celebrate my centenary. I am indeed happy and proud to see the progress our project of nearly sixty years ago has made, and I look forward to The Nigerian Stock Exchange’s future advancement with a great deal of anticipation and hope,” he said.

    The event was also graced by Chris Ogunbanjo, the lawyer who incorporated the Stock Exchange; his son and President of the Exchange’s National Council, Otunba Abimbola Ogunbanjo; Ex-officio and Past President, Mr Aigboje Aig-Imoukhuede; Second Vice President, Mrs Catherine Nwakaego Echeozo; Members of the Council, Erelu Angela Adebayo and Mrs Fatimah Bintah Bello-Ismail, among others.

    Pa Akintola Williams was born on August 9, 1919, in Lagos Nigeria. He was born in an affluent family with generations working with white settlers and the government. His grandfather was a prosperous merchant and his father, Thomas Ekundayo Williams was a clerk who worked for the colonial office before setting up his legal firm in Lagos.