Nigeria’s Accounting Guru, Akintola Williams, Passed-on At 104

Late Akintola

Nigeria’s first indigenous chartered accountant, Akintola Williams, is dead.

The doyen of accounting died at the age of 104.

A source, who does not want to be mentioned, told Punch newspaper that Williams died at his house in Lagos today.

Late Williams who was born in 1919, graduated from University of London where he studied accounting.

He went to Yaba Higher College on a UAC scholarship, obtaining a diploma in commerce. In 1944, he travelled to England where he studied at the University of London. Studying Banking and Finance, he graduated in 1946 with a Bachelor of Commerce. He continued his studies and qualified as a chartered accountant in England in 1949.

In 1952, he founded the first indigenous chartered accounting firm in Africa, Akintola Williams & Co, in Lagos.

He was a founding member and first President of the Institute of Chartered Accountants of Nigeria (ICAN).

Williams played a leading role in establishing the Association of Accountants in Nigeria in 1960 with the goal of training accountants. He was the first president of the association. Also, he played an invaluable role in the establishment of the Nigerian Stock Exchange.

He was honoured with the Order of the Federal Republic (OFR) by the Nigerian Government in 1982.

In April 1997, Queen Elizabeth also honoured him with the title Commander of the British Empire (CBE).

Source – The Punch