ICAN Launches Ifako-Ijaiye District

The Institute of Chartered Accountants of Nigeria (ICAN) has officially inaugurated the Ifako-Ijaiye District Society in Lagos, marking a significant step in its effort to promote professional development, uphold ethical standards, and foster community engagement at the grassroots level.

The ceremony, held recently, is part of ICAN’s broader decentralization plan to extend its reach nationwide and bring its programs closer to members.

Mrs. Florence Akinsola, the newly appointed Chairman of the ICAN Ifako-Ijaiye District, called the launch “a long-awaited dream fulfilled,” highlighting the new society’s role in creating important opportunities for local accounting professionals.

“For years, we’ve clamoured for this district. I’m grateful it came to pass during my tenure,” Akinsola said. “This district gives our members a platform to grow professionally and actively participate in ICAN’s activities. More importantly, it opens up opportunities for mentorship, peer support, and consistent knowledge sharing.”

She announced plans to establish a district secretariat that would include a modern library designed to serve both members and the wider community.

“Our vision includes a well-equipped library where students preparing for ICAN exams can study and where young people in the community can be inspired to pursue careers in accounting,” she said. “This district will serve as a hub for both professional excellence and community development.”

Akinsola emphasized the district’s dedication to hosting seminars, workshops, and mentorship programs aimed at improving members’ skills and maintaining high professional ethical standards.

“This isn’t just about structures; it’s about people and partnerships,” she added. “Our focus is to make Ifako-Ijaiye a beacon of ethical accounting and continuous professional development.”

In his keynote address at the inauguration of the Ifako-Ijaiye District Society, ICAN President Mr. Davidson Alaribe announced that the creation of this district is part of a broader initiative establishing 26 new districts during his presidential tenure.

This expansion aims to deepen ICAN’s presence nationwide and promote a culture of accountability, professionalism, and ethical leadership across Nigeria.

“This is one of 26 new districts created this presidential year. Our goal is to extend ICAN’s reach to the grassroots and foster a culture of accountability, professionalism, and ethical leadership across Nigeria,” Alaribe said.

He underscored the pivotal role accountants play in national development, emphasizing the importance of integrity amidst economic challenges.

“Accountants are the gatekeepers of every economy. They ensure prudent resource management and guide organisations toward long-term sustainability,” he stated. “In an era when the celebration of unexplained wealth is rampant, we must uphold values of integrity and ask the right questions.”

Deputy Chairman of the Ifako-Ijaiye District, Mr. Phillips Olofinsawe, affirmed the district’s mission to nurture professionals who are both competent and morally upright.

“With this launch, ICAN further cements its commitment to raising professionals who will not only thrive in Nigeria’s economy but also serve as moral compasses in the corporate and public sectors,” he said.

Also speaking, Mrs. Abioye Balogun, Chairperson of ICAN’s Ikeja District, known as Bebenlo, described the inauguration as symbolic and strategic for the profession.

“This new district removes distance as a barrier. Our members can now access ICAN programmes closer to home. However, I advise the new executives to prioritise unity. As a young district, there will be distractions. Stay focused, collaborate closely, and invest in youth-targeted programmes like catch-them-young initiatives in secondary schools,” she urged.