Monday, March 17, 2025

UBA, partner Ican to boost innovation, excellence in finance and accounting

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The Global Bank of Africa, United Bank for Africa (UBA) PLC on Friday was the headquarters of the 60th President of the Institute of Public Accountants of Nigeria (ICAN), Chief Davidson CS Alariba, FCA, at a meeting aimed at promoting collaboration and innovation between both institutions.

The meeting indicated a fundamental moment in the relationship between the two institutions while exploring strategic associations aimed at promoting mutual growth and development in the financial and accounting sectors.

The managing director/Executive Director of UBA, Oliver Alawuba, who welcomed the president of ICAN and his high profile delegation, expressed his enthusiasm for the association and assured that the bank is ready and willing to support the institution in its impulse par excellence.

He said: “UBA is proud to be the home of a significant number of members of ICAN, whose experience has been fundamental for our success such as the Global Bank of Africa. This visit reaffirms our shared commitment to excellence and innovation.

Continuing, Alawuba declared: “We are particularly excited about potential collaboration in the accelerated graduate management program (GMAP), training initiatives and other business opportunities that create a mutual benefit for both organizations.”

The delegation had distinguished the members of the Council and the Executive Team of the Institute, including the former immediate president of ICAN; Mr. Oladele Nuraini Oladipo, FCA, member of the ICAN Council; Dr. Oluseyi Oladimeji Olanrewaju, FCA, Ican Honorary Treasurer; Mr. Biodun Adedeji, FCA, member of the Ican Council; and Dr. Lanre Olasunkanmi, FCA, Registrar/Executive Director of ICAN.

Alariba, who was visibly excited about corroboration between the two organizations, said: “UBA is not only a financial power in Nigeria, but a global leader with a strong presence in Africa and beyond. ICAN recognizes the immense value that UBA contributes to the table, and we are excited to explore opportunities for collaboration in areas such as the development of capacities, professional development and commercial expansion. This association will undoubtedly benefit our members. broader financial ecosystem. “

The discussions also focused on several key areas of collaboration in the development of capacities, joint training programs to improve the skills of accounting professionals and UBA staff, collaborating in initiatives to promote ethical standards, financial education and best practices in accounting and financing and establish an ICAN branch in the UBA House.

This historical meeting marks a significant milestone in the relationship between UBA and ICAN, two institutions committed to promoting excellence and innovation in financial and accounting professions. Both parties expressed optimism about the future and promised to work closely to achieve their shared goals.

The Institute of Public Accountants of Nigeria (ICAN) is the main professional accounting agency in Nigeria, established to regulate accounting practice and promote excellence in the profession. With more than 50,000 members, ICAN is dedicated to advancing in accounting science and promoting ethical standards in the industry.

United Bank for Africa is the Global Bank of Africa. Operating in twenty African countries and the United Kingdom, the United States of America, France and the United Arab Emirates, UBA offers retail, commercial and institutional banking services, leading financial inclusion and implementation of avant -garde technology. UBA is one of the largest employers in the financial sector in the African continent, with 25,000 employees throughout the group and serves more than 45 million customers worldwide.

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