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ICAN to partner NAICOM, PenCom, CBN, others to drive economic growth - The Revealer
Insurance

ICAN to partner NAICOM, PenCom, CBN, others to drive economic growth

Dame (Mrs) Onome Joy Adewuyi, Director, Law Union & Rock Insurance and newly elected ICAN President 

The newly elected President of the Institute of Chartered Accountant of Nigeria (ICAN), Onome Joy Adewuyi, said she will partner various regulatory authorities to drive the nation’s economy and ensure the success of her administration.

The regulatory authorities, according to her, include the National Insurance Commission (NAICOM); National Pension Commission (PenCom); Central Bank of Nigeria (CBN); Nigerian Deposit Insurance Corporation (NDIC); Stocks Exchange Commission (SEC); Nigerian Stock Exchange (NSE); Corporate Affairs Commission (CAC); Federal Inland Revenue Service (FIRS) and the Nigeria Extractiive Industries Transparency Initiative (NEITI).

She said this in her acceptance speech at her investiture as the 56th President of ICAN which took place at the institute’s secretariat in Lagos, recently.

Onome, who is also a Director at the Law Union & Rock Insurance Plc, promised to honour and defend the integrity of accountancy profession and use it to advance the cause of the institute and that of humanity at large.

According to her, we will also strive to maintain a good working relationship with regulatory authorities such as the National Insurance Commission (NAICOM); National Pension Commission (PenCom); Central Bank of Nigeria (CBN); Nigerian Deposit Insurance Corporation (NDIC); Stocks Exchange Commission (SEC); Nigerian Stock Exchange (NSE); Corporate Affairs Commission (CAC); Federal Inland Revenue Service (FIRS) and the Nigerian Extraction Transparency International (NETI) for the success of this presidency.

She said accountancy profession as a gate-keeper is in dire need of men and women of courage, goodwill, and proven integrity to drive the renaissance of our value system.

The ICAN President said the institute will invest in information and communication technology, adding that “the lessons of COVID-19 pandemic is not lost on us. The incidence has challenged us to redefine the values of knowledge we share, the way we work, relate and account for our actions and inactions.

“The proactive deployment and proficiency in the use of technology will continue to define corporate and individual success. Today, the work ecosystem has changed with the pervasiveness with the remote work system ethos in both developed and developing countries. This emerging paradigm has implications for how we relate and bond as professionals who share common vision of Working together to build a great nation with a sustainable economy and strong institutions.”

She said as ICAN, they have taken the bull by the horns to hold virtual meetings, adding that her presidency will rebuild the institute’s internal information and technology architecture to bring it to world class standard.

Edet Udoh

We are The Revealer, a general online news platform based in Nigeria. Our focus amongst others is to provide credible, factual, well researched and balanced news and articles for our teeming readers in business, governments, politics, engineering, science, religion, technology etc. Edet Udoh is the Managing Editor. He is an experienced media person. He has worked extensively with the Champion Newspapers, The Authority Newspapers and the Blueprint Newspaper before starting Revealer Online News platform in 2018. He can be reached with this email address: edetudoh2003@gmail.com or via these phone numbers 08061246427 and 08170080488

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