United Bank for Africa and the Chartered Accountants of Nigeria (ICAN) have explored strategic partnerships aimed at driving mutual growth and development in the financial and accounting sectors of the Nigerian economy.
UBA’s group managing director and chief executive officer, Mr Oliver Alawuba, stated this at the weekend when he hosted the 60th president of the ICAN, Mr Davidson Alaribe in Lagos.
Welcoming the ICAN President and his delegation, Alawuba said the meeting was a pivotal moment in the relationship between the two institutions, aimed at fostering collaboration and innovation between both institutions.
He expressed his enthusiasm for the partnership and assured that the bank would be ready and willing to support the institution in its drive for excellence.
“UBA is proud to be home to a significant number of ICAN members, whose expertise has been instrumental to our success as Africa’s global bank. This visit reaffirms our shared commitment to excellence and innovation.
“We are particularly excited about potential collaboration in the Graduate Management Accelerated Programme (GMAP), training initiatives, and other business opportunities that will create a win-win for both organisations,” he said.
In his remarks, Alaribe said: “UBA is not just a financial powerhouse in Nigeria but a global leader with a strong presence across Africa and beyond. ICAN recognises the immense value UBA brings to the table, and we are excited to explore opportunities for collaboration in areas such as capacity building, professional development, and business expansion. This partnership will undoubtedly benefit our members and the broader financial ecosystem.”
The bank said in a statement that the discussions also focused on several key areas of collaboration in capacity building, joint training programmes to enhance the skills of accounting professionals and UBA staff, collaborating on initiatives to promote ethical standards, financial literacy, and best practices in accounting and finance and setting up a branch of ICAN at the UBA House.
“The meeting “marks a significant milestone in the relationship between UBA and ICAN, two institutions committed to driving excellence and innovation in the financial and accounting professions. Both parties expressed optimism about the future and pledged to work closely to achieve their shared goals,” the statement added.
The delegation had members of the institute’s council and executive team, including the immediate past president of ICAN; Mr. Oladele Oladipo, ICAN council member; Dr. Oluseyi Olanrewaju, ICAN’s honorary treasurer; Mr. Biodun Adedeji, and the registrar and chief executive of the institute, Dr. Lanre Olasunkanmi.
The Institute of Chartered Accountants of Nigeria (ICAN) is the leading professional accounting body in Nigeria, established to regulate the practice of accountancy and promote excellence in the profession. With over 50,000 members, ICAN is dedicated to advancing the science of accountancy and fostering ethical standards in the industry.
United Bank for Africa is Africa’s Global Bank. Operating across twenty African countries and the United Kingdom, the United States of America, France and the United Arab Emirates, UBA provides retail, commercial and institutional banking services, leading financial inclusion and implementing cutting-edge technology.
UBA is one of the largest employers in the financial sector on the African continent, with 25,000 employees group-wide and serving over 45 million customers globally.
