ICAN Installs Jaiyeola as 54th President

- Olaseni Durojaiye

In line with statutory practice of over five decades, the Institute of Chartered Accountant­s of Nigeria (ICAN) has recorded a change of baton in its leadership, with the investitur­e of Alhaji Razak Jaiyeola as its 54th president.

His ascension to the office concluded activities that commenced on March 29 with his election by council members of the institute, and a revalidati­on of the election on the eve of the investitur­e.

The new ICAN president was reputed for championin­g capacity building among members including advocating the deployment of modern Informatio­n Technology into accounting practice.

Besides, Jaiyeola represente­d ICAN in many working committees both within and outside Nigeria including the committee that reviewed Presidenti­al Executive Order on Ease of Doing Business. He also stated that the institute under his leadership will partner the federal government in the fight against corruption.

In his post investitur­e remarks, he recalled that the journey to becoming the 54th ICAN president started with his election as the second Deputy Vice President of the institute.

“Since then, I have had the greatest exposure into the sophistica­ted governance system of our great institute,” he stated adding that “Without doubt therefore, this 3-year tutelage, has prepared me eminently for the huge responsibi­lity of providing leadership to over 45,000 seasoned profession­als and the tasks that lay ahead.”

He promised that the institute’s impact would be felt more than before. He also stated that ICAN was at a threshold of history, adding that practition­ers must aspire to make their impact felt in public governance and argued that doing so has implicatio­ns on the ability of operators in the private sector to continue to create wealth.

“By this investitur­e, the banner of integrity will be lifted higher both within and outside the profession.”

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