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Wed, Sep 13, 2023 7:35 AM

Nigeria Mourns the Loss of Akintola Williams, a Pioneer in the Field of Accounting

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Nigeria Mourns the Loss of Akintola Williams, a Pioneer in the Field of Accounting
Nigeria is mourning the loss of Akintola Williams, the country's first chartered accountant, who passed away at the age of 104. Williams, who founded the accounting firm Akintola Williams & Co (Deloitte & Touche) in 1952, was a trailblazer in his field, paving the way for future generations of accountants. Tributes are pouring in for his contributions to the profession and his impactful role in public service. From President Bola Tinubu to former President Olusegun Obasanjo, many have expressed their deep admiration and respect for Williams' wisdom, integrity, and dedication to excellence. Lagos State Governor Babajide Sanwo-Olu also acknowledged his instrumental involvement in establishing key institutions like the Nigeria Stock Exchange and the Institute of Chartered Accountants of Nigeria. Williams' legacy as a mentor, advocate for transparency, and promoter of arts and culture will be remembered for generations to come.

Nigeria recently bid farewell to a true legend in the field of accounting – Akintola Williams. At the remarkable age of 104, Williams left behind a legacy that transformed the accounting profession in Nigeria and garnered international recognition.

Akintola Williams, widely known as Nigeria's first chartered accountant, founded Akintola Williams & Co (now Deloitte & Touche) in 1952. His accounting firm became a trailblazer, inspiring generations of professionals and setting an example of integrity, resilience, and resourcefulness.

The news of Williams' passing prompted an outpouring of tributes from prominent figures in Nigerian politics and society. President Bola Tinubu, himself an accountant by training, highlighted the lasting impact of Williams' firm, stating that it fostered self-confidence and strengthened transparency and competence in the accounting profession.

In addition to his pioneering work in accounting, Williams served in various influential roles throughout his career. He chaired the Federal Income Tax Appeal Commission and the Public Service Review Panel, which fixed anomalies in the Udoji Salary Review Commission. Williams was also involved in the Commonwealth Foundation and the Coker Commission of Inquiry into the Statutory Corporations of the old Western Region.

Former President Olusegun Obasanjo shared his personal interactions with Williams, praising his wisdom, calm demeanor, and insistence on truth and accountability. Obasanjo acknowledged how Williams had indirectly influenced his own career and decision-making process.

Akintola Williams was more than just an exceptional accountant; he was a champion of culture and the arts. As a founding member of the Musical Society of Nigeria (MUSON), he played a pivotal role in promoting classical and contemporary music in the country. In recognition of his contributions, he was bestowed with the title of Commander of the Most Excellent Order of the British Empire by Queen Elizabeth II in 1997.

His impact extended beyond the realm of accounting and music. Williams was instrumental in the establishment of key institutions such as the Nigeria Stock Exchange and the Institute of Chartered Accountants of Nigeria. His dedication to these ventures will forever be appreciated and remembered.

Adewale Osinowo, a mentee of Williams and fellow chartered accountant, expressed deep gratitude for the late pioneer's guidance and praised his professionalism, integrity, and commitment to Nigeria's economy. Many accountants and professionals in the country aspire to emulate his outstanding traits and contribute to a better Nigeria.

Akintola Williams' legacy will continue to inspire future generations of accountants and professionals. His wisdom, integrity, and devotion to public service have left an indelible mark on Nigeria's accounting profession. The impact of his groundbreaking achievements will be felt for years to come.

As Nigeria mourns the loss of this remarkable individual, the country celebrates his life and remembers Akintola Williams as a true pioneer.

Source of content: OOO News 2023-09-13 News

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