Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,143,153 members, 7,780,112 topics. Date: Thursday, 28 March 2024 at 09:46 AM

Meet Akintola Williams, The First Chartered Accountant In Africa - Career - Nairaland

Nairaland Forum / Nairaland / General / Career / Meet Akintola Williams, The First Chartered Accountant In Africa (17025 Views)

MURIC Director, Prof. Akintola Retires From LASU / Akintola Williams At 100: ICAN Awards Centenary Scholarship To Students / Akintola Williams Celebrates His 100th Birthday Today (2) (3) (4)

(1) (2) (Reply) (Go Down)

Meet Akintola Williams, The First Chartered Accountant In Africa by Onyemadonald(m): 11:02pm On Sep 19, 2018
Mr Akintola Williams was born on August 9, 1919 in Lagos State Nigeria. He was born in a wealthy family with generations working with white settlers in Nigeria and the government. His grandfather was a successful merchant while his father, Mr Thomas Ekundayo Williams was a clerk who worked for the colonial office before starting his legal firm in Lagos.

Akintola began his education at Olowogbowo Methodist Primary School, Bankole street, Apongbon, Lagos Island, Lagos, in the early 1930s; He attended the same primary school which his late junior brother Chief Rotimi Williams attended.

During his elementary education, Akintola enjoyed academic success, winning a scholarship to obtain a Diploma in Commerce from Yaba Higher College. Because of the absence of higher education institutions offering Commerce in Nigeria, Akintola Williams travelled to the UK to further his studies in 1944. In 1949, he successfully qualified as a Chartered Accountant in London, UK 3 years after obtaining a Bachelor of Commerce from the University of London.

With an undying interest in the Nigerian economy and business sector, he returned to Nigeria in the year 1950 and immediately got a job with the Inland Revenue as an assessment officer. In 1952, Mr Williams resigned from the Inland Revenue to set up Akintola & Co to compete against already established business firms in the capital many of which were not locally owned.

Between 1964 and 1995, his firm Akintola & Co grew so big that he had over 500 staff, branches all over West Africa and partners worldwide. Akintola Williams retired actively at the age of 64 in 1983 but continued to serve his firm and Nigeria. He was part of the team that established the Nigerian Stock Exchange. He was actively involved in the running of these organisations into his old age. In one of the stock exchange ceremony in May 2011, he called on operators to protect the market and ensure there it is scandal free.

Some public sector positions held by Mr Akintola include Chairman of the Federal Income Tax Appeal Commissioners (1958–68), He was also an important member of the Coker Commission of Inquiry into the Statutory Corporations of the old Western Region of Nigeria in (1962), member of the board of Trustees of the Commonwealth Foundation (1966–1975), Chairman of the Lagos State Government Revenue Collection Panel (1973) and Chairman of the Public Service Review Panel to right the wrongs in the Udoji Salary Review Commission (1975).

Other positions held that he held include President of the Metropolitan Club in Victoria Island, Lagos, Founder and Council member of the Nigerian Conservation Foundation. He also saw the need for more Chartered accountants in Nigeria, so Akintola Williams set up the Association of Accountants in Nigeria in 1960 and the Institute of Chartered Accountants of Nigeria. He was the first president of the Institute of Chartered Accountants until he retired in 1983.

After retiring, Akintola dedicated his time and effort in various projects in the Arts. He built and establish the centre and concert hall for the Music Society of Nigeria. In 1982, the Federal government of Nigeria honoured him with the Order of the Federal Republic award. He was appointed as Commander of the Most Excellent Order of the British Empire in 1997 and the Nigeria-British Association presented him a legacy award in 2011.

With much inspiration from his successful merchant grandfather, Akintola Williams saw a gap in the formal business sector in Nigeria and filled it totally. He was Awarded the Commander of the Most Excellent Order of the British Empire (CBE), Sir Akinola Williams will turn 100 in 2019. He was married to his sweetheart, Mrs Efuntiloye Mabel Williams, who later died on Wednesday, July 8, 2009.

SOURCE: https://www.trendingaccounting.com/2018/09/meet-akintola-williams-first-chartered.html?m=1

4 Likes 2 Shares

Re: Meet Akintola Williams, The First Chartered Accountant In Africa by SolutionMee: 11:41pm On Sep 19, 2018
cheesy
Not a big deal to me though. How much is Nigeria that their accountants are being chartered? With the way Chinese and UK governments are lending you guys money to foster your economy, even an agriculturist can still manage your economy. Traditional education is overrated in Nigeria as it is nothing but an intellectual sabotage and emotional blackmail to mentally colonize you. Mental colonization is the worst form of slavery. Let's go back to the Nigerian way of doing things and let's stop hyping this college of a thing. Productivity is the goal. Not certificate.

20 Likes 1 Share

Re: Meet Akintola Williams, The First Chartered Accountant In Africa by Nobody: 12:41am On Sep 20, 2018
This man and his company have a bad reputation when it comes to auditing accounts.

http://businessnews.com.ng/2012/04/23/subsidy-probe-akintola-williams-deloitte-adekanola-to-face-ican-panel/

1 Like

Re: Meet Akintola Williams, The First Chartered Accountant In Africa by alhassanyusuf29(m): 4:33am On Sep 20, 2018
hahaha because his not igbo right!! I feel ur pain undecided grin..its only an accomplishment if he was peddling and smuggling drugs in Malaysia and Thailand grin cheesy
SolutionMee:
cheesy
Not a big deal to me though. How much is Nigeria that their accountants are being chartered? With the way Chinese and UK governments are lending you guys money to foster your economy, even an agriculturist can still manage your economy. Traditional education is overrated in Nigeria as it is nothing but an intellectual sabotage and emotional blackmail to mentally colonize you. Mental colonization is the worst form of slavery. Let's go back to the Nigerian way of doing things and let's stop hyping this college of a thing. Productivity is the goal. Not certificate.

67 Likes 8 Shares

Re: Meet Akintola Williams, The First Chartered Accountant In Africa by Standardcosting(m): 7:06am On Sep 20, 2018
Who E Epp?
Re: Meet Akintola Williams, The First Chartered Accountant In Africa by FreeConCiencE: 7:06am On Sep 20, 2018
Yoruba and education.... Just like bread and butter even though they still remain slaves to Hausa/Fulani whose majority are either illiterates or semi literate. It's a pity.

4 Likes

Re: Meet Akintola Williams, The First Chartered Accountant In Africa by bewla(m): 7:06am On Sep 20, 2018
pls someone help me with pine mouth charge them just bring light
Re: Meet Akintola Williams, The First Chartered Accountant In Africa by seunmsg(m): 7:08am On Sep 20, 2018
SolutionMee:
:[s]D
Not a big deal to me though. How much is Nigeria that their accountants are being chartered? With the way Chinese and UK governments are lending you guys money to foster your economy, even an agriculturist can still manage your economy. Traditional education is overrated in Nigeria as it is nothing but an intellectual sabotage and emotional blackmail to mentally colonize you. Mental colonization is the worst form of slavery. Let's go back to the Nigerian way of doing things and let's stop hyping this college of a thing. Productivity is the goal. Not certificate[/s].

Trash.

31 Likes 1 Share

Re: Meet Akintola Williams, The First Chartered Accountant In Africa by portnaija(m): 7:08am On Sep 20, 2018
that's good to know

Re: Meet Akintola Williams, The First Chartered Accountant In Africa by Basic123: 7:08am On Sep 20, 2018
Nigeria Amaka
Re: Meet Akintola Williams, The First Chartered Accountant In Africa by Quidquopro: 7:09am On Sep 20, 2018
Coming from that type of moniker
Great!
Re: Meet Akintola Williams, The First Chartered Accountant In Africa by israelmao(m): 7:10am On Sep 20, 2018
Yoruba,the fountain of knowledge.

7 Likes

Re: Meet Akintola Williams, The First Chartered Accountant In Africa by Quidquopro: 7:11am On Sep 20, 2018
SolutionMee:
cheesy
Not a big deal to me though. How much is Nigeria that their accountants are being chartered? With the way Chinese and UK governments are lending you guys money to foster your economy, even an agriculturist can still manage your economy. Traditional education is overrated in Nigeria as it is nothing but an intellectual sabotage and emotional blackmail to mentally colonize you. Mental colonization is the worst form of slavery. Let's go back to the Nigerian way of doing things and let's stop hyping this college of a thing. Productivity is the goal. Not certificate.

Is he a pigiyeasterner

O, I understand... grin

Pigiyeeasternrs amaka... grin

16 Likes 1 Share

Re: Meet Akintola Williams, The First Chartered Accountant In Africa by AgbariOjukwu1: 7:11am On Sep 20, 2018
[s]
SolutionMee:
cheesy
Not a big deal to me though. How much is Nigeria that their accountants are being chartered? With the way Chinese and UK governments are lending you guys money to foster your economy, even an agriculturist can still manage your economy. Traditional education is overrated in Nigeria as it is nothing but an intellectual sabotage and emotional blackmail to mentally colonize you. Mental colonization is the worst form of slavery. Let's go back to the Nigerian way of doing things and let's stop hyping this college of a thing. Productivity is the goal. Not certificate.
[/s]


Typical Flat-head

16 Likes 1 Share

Re: Meet Akintola Williams, The First Chartered Accountant In Africa by Drabrah(m): 7:12am On Sep 20, 2018
SolutionMee:
cheesy
Not a big deal to me though. How much is Nigeria that their accountants are being chartered? With the way Chinese and UK governments are lending you guys money to foster your economy, even an agriculturist can still manage your economy. Traditional education is overrated in Nigeria as it is nothing but an intellectual sabotage and emotional blackmail to mentally colonize you. Mental colonization is the worst form of slavery. Let's go back to the Nigerian way of doing things and let's stop hyping this college of a thing. Productivity is the goal. Not certificate.


Learn 2 appreciate an achiever wen u see one.

20 Likes 2 Shares

Re: Meet Akintola Williams, The First Chartered Accountant In Africa by MyVILLAGEpeople(m): 7:19am On Sep 20, 2018
People chopping our oyel money from Niger Delta. issoryte..
Re: Meet Akintola Williams, The First Chartered Accountant In Africa by tukdi: 7:25am On Sep 20, 2018
An accomplished life!!! grin
Re: Meet Akintola Williams, The First Chartered Accountant In Africa by Throwback: 7:37am On Sep 20, 2018
Nice one.
Re: Meet Akintola Williams, The First Chartered Accountant In Africa by hollah123: 7:39am On Sep 20, 2018
SolutionMee:
cheesy
Not a big deal to me though. How much is Nigeria that their accountants are being chartered? With the way Chinese and UK governments are lending you guys money to foster your economy, even an agriculturist can still manage your economy. Traditional education is overrated in Nigeria as it is nothing but an intellectual sabotage and emotional blackmail to mentally colonize you. Mental colonization is the worst form of slavery. Let's go back to the Nigerian way of doing things and let's stop hyping this college of a thing. Productivity is the goal. Not certificate.
if your fellow pigs could reason this way,many of them will not b in different prisons around d world.use your sense oga

9 Likes 1 Share

Re: Meet Akintola Williams, The First Chartered Accountant In Africa by damola1: 7:51am On Sep 20, 2018
Man still Dey alive
Re: Meet Akintola Williams, The First Chartered Accountant In Africa by qanda: 7:52am On Sep 20, 2018
Great profile. Great Man
Re: Meet Akintola Williams, The First Chartered Accountant In Africa by Toosure70: 7:56am On Sep 20, 2018
Afonja always leads.

1 Like

Re: Meet Akintola Williams, The First Chartered Accountant In Africa by Psoul(m): 8:06am On Sep 20, 2018
Quidquopro:
Coming from that type of moniker
Great!

Igbos are not tribalists. They recognize and embrace anything good irrespective of where it is coming from.
The only thing we want is ppl doing the right thing and we will support the person.
That is why an Igbo man will reject his brother or deny him a position and give it to an outsider whom hw beliv will do better than his own brother.
That is Igbos for u.

It is only in this forum that ppl have forced some of us to act as if they are tribalists.

3 Likes

Re: Meet Akintola Williams, The First Chartered Accountant In Africa by FrankTalk1: 8:07am On Sep 20, 2018
Kudos to him.

We need more role models like him in our society, not disgruntled politicians and dubious people who are bent on getting wealth through corruption and evil means.

See 17 INVALUABLE PRINCIPLES OF WEALTH CREATION AND CAREER SUCCESSS.
Re: Meet Akintola Williams, The First Chartered Accountant In Africa by Quidquopro: 8:09am On Sep 20, 2018
Psoul:


Igbos are not tribalists. They recognize and embrace anything good irrespective of where it is coming from.
The only thing we want is ppl doing the right thing and we will support the person.
That is why an Igbo man will reject his brother or deny him a position and give it to an outsider whom hw beliv will do better than his own brother.
That is Igbos for u.

It is only in this forum that ppl have forced some of us to act as if they are tribalists.

Kudos
Igbo amaka

1 Like

Re: Meet Akintola Williams, The First Chartered Accountant In Africa by foreshore(m): 8:19am On Sep 20, 2018
Onyemadonald:
Mr Akintola Williams was born on August 9, 1919 in Lagos State Nigeria. He was born in a wealthy family with generations working with white settlers in Nigeria and the government. His grandfather was a successful merchant while his father, Mr Thomas Ekundayo Williams was a clerk who worked for the colonial office before starting his legal firm in Lagos.

Akintola began his education at Olowogbowo Methodist Primary School, Bankole street, Apongbon, Lagos Island, Lagos, in the early 1930s; He attended the same primary school which his late junior brother Chief Rotimi Williams attended.

During his elementary education, Akintola enjoyed academic success, winning a scholarship to obtain a Diploma in Commerce from Yaba Higher College. Because of the absence of higher education institutions offering Commerce in Nigeria, Akintola Williams travelled to the UK to further his studies in 1944. In 1949, he successfully qualified as a Chartered Accountant in London, UK 3 years after obtaining a Bachelor of Commerce from the University of London.

With an undying interest in the Nigerian economy and business sector, he returned to Nigeria in the year 1950 and immediately got a job with the Inland Revenue as an assessment officer. In 1952, Mr Williams resigned from the Inland Revenue to set up Akintola & Co to compete against already established business firms in the capital many of which were not locally owned.

Between 1964 and 1995, his firm Akintola & Co grew so big that he had over 500 staff, branches all over West Africa and partners worldwide. Akintola Williams retired actively at the age of 64 in 1983 but continued to serve his firm and Nigeria. He was part of the team that established the Nigerian Stock Exchange. He was actively involved in the running of these organisations into his old age. In one of the stock exchange ceremony in May 2011, he called on operators to protect the market and ensure there it is scandal free.

Some public sector positions held by Mr Akintola include Chairman of the Federal Income Tax Appeal Commissioners (1958–68), He was also an important member of the Coker Commission of Inquiry into the Statutory Corporations of the old Western Region of Nigeria in (1962), member of the board of Trustees of the Commonwealth Foundation (1966–1975), Chairman of the Lagos State Government Revenue Collection Panel (1973) and Chairman of the Public Service Review Panel to right the wrongs in the Udoji Salary Review Commission (1975).

Other positions held that he held include President of the Metropolitan Club in Victoria Island, Lagos, Founder and Council member of the Nigerian Conservation Foundation. He also saw the need for more Chartered accountants in Nigeria, so Akintola Williams set up the Association of Accountants in Nigeria in 1960 and the Institute of Chartered Accountants of Nigeria. He was the first president of the Institute of Chartered Accountants until he retired in 1983.

After retiring, Akintola dedicated his time and effort in various projects in the Arts. He built and establish the centre and concert hall for the Music Society of Nigeria. In 1982, the Federal government of Nigeria honoured him with the Order of the Federal Republic award. He was appointed as Commander of the Most Excellent Order of the British Empire in 1997 and the Nigeria-British Association presented him a legacy award in 2011.

With much inspiration from his successful merchant grandfather, Akintola Williams saw a gap in the formal business sector in Nigeria and filled it totally. He was Awarded the Commander of the Most Excellent Order of the British Empire (CBE), Sir Akinola Williams will turn 100 in 2019. He was married to his sweetheart, Mrs Efuntiloye Mabel Williams, who later died on Wednesday, July 8, 2009.

SOURCE: https://www.trendingaccounting.com/2018/09/meet-akintola-williams-first-chartered.html?m=1

Doyen of the Accounting profession

2 Likes

Re: Meet Akintola Williams, The First Chartered Accountant In Africa by Nobody: 8:25am On Sep 20, 2018
Psoul:


Igbos are not tribalists. They recognize and embrace anything good irrespective of where it is coming from.
The only thing we want is ppl doing the right thing and we will support the person.
That is why an Igbo man will reject his brother or deny him a position and give it to an outsider whom hw beliv will do better than his own brother.
That is Igbos for u.

It is only in this forum that ppl have forced some of us to act as if they are tribalists.
Iffa hear. Igbos? Not tribalistic? Tell it to me again please.

7 Likes 1 Share

Re: Meet Akintola Williams, The First Chartered Accountant In Africa by Doerstech(m): 8:34am On Sep 20, 2018
Good to be first among equals
Re: Meet Akintola Williams, The First Chartered Accountant In Africa by Godfullsam(m): 8:37am On Sep 20, 2018
IntrovertedK:
Iffa hear. Igbos? Not tribalistic? Tell it to me again please.


Story for the gods undecided

(1) (2) (Reply)

When Did You Know You'd Be Bagging A 3rd Class (or Pass) ? / Female Bosses / How lucrative are IT courses?

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 47
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.