…Says professionals must lead with innovation amidst global shifts
The Managing Director/Chief Executive of the Federal Mortgage Bank of Nigeria (FMBN), Shehu Usman Osidi has commended the pivotal role of the Association of National Accountants of Nigeria (ANAN) in navigating the complexities of financial management in today’s evolving technological, regulatory, and economic shifts.
The commendation was contained in Osidi’s goodwill message presented during the opening ceremony of ANAN’s 29th Annual Conference on Tuesday, September 17, 2024 at This Day Dome in Abuja.
“We are living in an era of rapid transformation where technological advancements, regulatory changes and global economic shifts are reshaping the landscape of accounting and finance,” he said.
He explained that the theme “Advancing Accounting Excellence in a Changing World,” aptly captures the essence of our challenge and our opportunity to not only adapt, but to lead with innovation and integrity.
Osidi further highlighted the indispensable role of Accountants in the Nigerian economy, noting that it can never be overstated. “Our expertise, diligence and ethical standards are crucial in shaping the financial integrity and economic stability of our nation,” he noted.
The MD hailed the insights and standards upheld by the Association as crucial to FMBN’s efforts at enthroning transparency and accountability in business transactions and improving on quality standards while dealing with legacy issues.
“It is through dedication to professional excellence as accountants that robust and reliable financial systems that support sustainable development and economic stability can be ensured,” he noted, urging all Nigerian accountants to develop personal discipline and commitment to the values of transparency expected of them in the course of discharging their duties as accountants.
Osidi, a Fellow of ANAN, was also a panelist on the first panel discussion which focused on the topic, “Financial Transparency and Governance: Building Trust in Public Institutions” where he proffered solutions to the menace of corruption in public institutions making a case for digitalisation of all processes.
The FMBN helmsman expressed optimism that the discussions and insights from the Conference would not only illuminate the path forward but also empower the participants to embrace new methodologies, leverage technological advancements, and uphold the ethical standards that define the accounting profession.
