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Enhancing Financial and Accounting Capabilities in Africa through UBA and ICAN

March 17, 2025
in Stocks And Finance
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Enhancing Financial and Accounting Capabilities in Africa through UBA and ICAN
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United Bank for Africa (UBA) has partnered with the Institute of Chartered Accountants of Nigeria (ICAN) to boost the finance and accounting sectors.

The collaboration aims to drive mutual growth and development through strategic partnerships.

The 60th president of ICAN, Chief Davidson C S Alaribe, was hosted by UBA in a meeting that focused on exploring various avenues for collaboration.

The discussions included joint training programmes to improve the skills of accounting professionals and UBA staff, as well as initiatives to promote ethical standards, financial literacy, and best practices in the sector.

UBA group managing director/CEO Oliver Alawuba welcomed the ICAN president and his delegation, expressing readiness to support ICAN’s drive for excellence.

Alawuba said: “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.”

The meeting also included the proposal to establish a branch of ICAN at the UBA House.

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.”

Earlier in March 2025, the Ekiti State Governor underscored the importance of ICAN’s certification standards in maintaining the “credibility” and “high reputation” of the accountancy profession in Nigeria.

His address highlighted the role that ICAN plays in upholding integrity within the industry.

“UBA and ICAN to boost finance and accounting across Africa ” was originally created and published by The Accountant, a GlobalData owned brand.

 


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Tags: AccountingAfricacapabilitiesenhancingfinance and accountingFinancialICANUBAUnited Bank for Africa
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