ICAN to boost impact on economy, governance

The Institute of Chartered Accountants of Nigeria (ICAN) has announced its intention to play a more active role in shaping national discourse on economic development and governance.

This commitment was made known by ICAN’s 61st President, Yahaya Haruna, during the investiture of the 25th Chairman of the ICAN Ibadan and District Society, held on Thursday in Ibadan, the Oyo State capital.

Speaking on his behalf, the District Coordinator, Funmilayo Olaniyi, stated that the institute aims to contribute meaningfully to economic and governance conversations through strategic research initiatives and national policy roundtables.

Haruna also emphasized ICAN’s mission to position itself as a beacon of ethical leadership and regulatory excellence, noting that the institute is determined to help redefine the future of the accounting profession in Nigeria.

Olaniyi stated that ICAN intends to amplify its influence in national economic and governance conversations by engaging in research-driven initiatives and convening policy roundtables. She added that the institute is committed to becoming a cornerstone of ethical leadership and regulatory credibility while also charting a new course for the future of the accounting profession.

“Our national strategy is built on ten key pillars aimed at transforming the institute,” Haruna added. “These include digitising the examination system, revitalising the ICAN brand, attracting and retaining Gen Z professionals, boosting member employability, strengthening support for Small and Medium Practices (SMPs), creating global certification opportunities, advancing thought leadership and policy advocacy, building institutional capacity, and promoting strong regulatory frameworks and anti-corruption initiatives.”

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In her acceptance remarks, Mrs. Olufunmilayo Omisore, newly inaugurated as the Chairman of the ICAN Ibadan and District Society, shared her vision of transforming the district into one of the institute’s most exemplary branches—anchored on integrity and technical excellence.

Omisore, who becomes the third woman to lead the district, said her administration will emphasise collaboration, mentorship, innovation, and inclusive development.

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“Our goal is to make the Ibadan and District Society a model district—one known for its members’ ethical values and professional competence,” she said. “In addition to continuing the five strategic pillars introduced by past leaders—membership growth, member welfare, advocacy, business engagement, and youth-focused initiatives—we’ll also focus on what I call the 7Cs: collaboration, community involvement, continuous development, early talent nurturing, coaching and mentoring, compassion, and creativity.”