Miracle Akubuo
Nigeria’s pioneering indigenous chartered accountant, Akintola Williams, has passed away at the age of 104.
Ogun State governor, Dapo Abiodun, confirmed this sad news on Monday, announcing his peaceful departure at a residence in Lagos.
Family Life: Akintola Williams shared over six decades of wedded bliss with his wife, Mabel Williams, until her passing in 2013. Together, they raised a loving family with children and grandchildren.
Early Life and Education: Born on August 9, 1919, in Lagos, Nigeria, Akintola Williams embarked on his educational journey at CMS Grammar School and King’s College, Lagos. He later attended Yaba Higher College before venturing to the United Kingdom to pursue studies at the University of London, ultimately becoming the first Nigerian to achieve chartered accountant status.
Founding Partner of the First Indigenous Accounting Firm
In 1952, Akintola Williams laid the foundation as the founding partner of Nigeria’s inaugural indigenous chartered accounting firm, Akintola Williams & Co. The firm, now recognized as Deloitte Nigeria, played an instrumental role in shaping Nigeria’s accounting landscape.
Contributions to the Accounting Profession
Williams wielded significant influence in shaping Nigeria’s professional accounting landscape. He co-founded the Institute of Chartered Accountants of Nigeria (ICAN) and served as its inaugural president from 1965 to 1967. He also played a pivotal role in establishing the Association of Accountants in Nigeria (now known as the Association of National Accountants of Nigeria, ANAN).
Philanthropy and Community Service
Akintola Williams was dedicated to giving back to society throughout his life, particularly in the domains of education and healthcare. His involvement extended to the boards of organizations such as the Nigerian Industrial Development Bank, the Nigerian Breweries, and the Central Bank of Nigeria.
Awards and Recognitions: Williams garnered numerous accolades for his contributions to the accounting profession and his service to Nigeria. His notable awards include the Order of the Federal Republic (OFR) and the Nigerian National Merit Award.
International Influences: He maintained close ties with international accounting bodies and professionals, notably serving as the President of the International Federation of Accountants (IFAC) from 1982 to 1984, marking the first African to hold that position.
Mentorship: Williams passionately advocated for mentorship, nurturing and grooming young accountants and professionals. He believed in the significance of passing on knowledge and experience to the next generation.
Author: Akintola Williams penned several influential books on accounting and business, including “Accounting in Nigeria: The First Fifty Years” and “Financial Times Guide to Using and Interpreting Company Account.”
Legacy: Akintola Williams leaves an enduring legacy in Nigeria’s accounting profession and across Africa. His accomplishments and leadership continue to inspire emerging accountants and professionals, with his commitment to ethics and professionalism serving as a guiding principle for the industry in Nigeria.
The passing of Akintola Williams marks the end of an era for Nigeria’s accounting community, but his impact and influence will be remembered for generations to come. His life exemplified excellence, leadership, and an unwavering dedication to his profession and country, leaving an indelible mark on the accounting landscape
