Five Institutions Founded by the late Doyen of African Accounting, Akintola Williams

Akintola Williams, Nigeria’s esteemed pioneer of accountancy, laid the foundation for an enduring legacy that extended beyond the corridors of finance. His groundbreaking journey saw the establishment of influential institutions, leaving an indelible mark on the accounting profession and environmental conservation in Africa.

Deloitte & Touche (formerly Akintola Williams Deloitte)

In 1952, Akintola Williams planted the seed for Africa’s premier indigenous accounting firm, initially named “Akintola Williams & Co.” Over the years, under his astute guidance, the firm evolved into Deloitte & Touche, a powerhouse in Nigeria’s professional services landscape. Williams’s vision propelled the firm through strategic mergers, culminating in its position as one of Nigeria’s largest professional services firms, employing over 600 professionals.

Nigerian Exchange (NGX)

Founding the Nigerian Exchange, previously known as the Nigerian Stock Exchange (NSE), marked a historic moment for Nigeria. Established on September 15, 1960, the NGX is the oldest stock exchange in West Africa. Akintola Williams, among seven notable founders, played a pivotal role in shaping this cornerstone of Nigeria’s financial architecture.

Association of Accountants in Nigeria (ANAN)

Akintola Williams was a vanguard in the creation of the Association of Accountants in Nigeria (ANAN), a bastion for training accountants and upholding professional standards. Serving as its first president, Williams steered ANAN to become Nigeria’s singular chartered professional accountancy body, nurturing the science of accountancy in the nation.

Institute of Chartered Accountants of Nigeria (ICAN)

Adding to his impressive contributions, Williams played a crucial role in the formation of the Institute of Chartered Accountants of Nigeria. As its founding president, he cemented the institute’s place as a cornerstone of Nigerian accountancy, promoting professional excellence and ethical standards within the industry.

Nigerian Conservation Foundation (NCF)

Beyond the boardrooms, Williams also championed the cause of environmental conservation. His efforts in co-founding the Nigerian Conservation Foundation (NCF) in 1980 marked a significant milestone. Collaborating with fellow conservationists, including Shafi Lawal Edu, Williams helped establish the foundation dedicated to preserving Nigeria’s natural heritage. The Akintola Williams Arboretum, an emblem of his dedication, stands tall within the foundation’s headquarters in Lagos, a testament to his commitment to conservation.

Akintola Williams, an icon in the realm of accountancy, demonstrated that the impact of one’s legacy transcends the profession. His vision and dedication resonate to this day, underscoring the profound influence one individual can have in shaping both financial landscapes and environmental paradigms.