President Muhammadu Buhari (PMB) has named, the former Country
Managing Director of Accenture, Mr Adedotun Sulaiman, as the new Chairman of
the board of the Financial Reporting Council of Nigeria (FRN), while Mr. Daniel
Asapokhai takes over from Mr. Jim Obazee, as the Executive Secretary, reports
ITRealms.
The Senior Special Assistant to the President on Media and
Publicity, Malam Garba Shehu, confirmed this to ITRealms, saying that President
Buhari has approved the immediate removal and the replacement of the Executive
Secretary, Mr. Jim Obazee and the reconstitution of the board of the Financial
Reporting Council of Nigeria (FRN). He has appointed a Chairman and a new
Executive Secretary for the council.
This is coming as industry observers alleged the removal of Obazee
was linked to the last weekend controversial retirement of Pastor Enoch Adejare
Adeboye, the General Overseer of the Redeemed Christian Church of God (RCCG),
which has left the church divided since then.
Also, ITRealms gathered that the new Council as approved by
the President has Mr Adedotun Sulaiman, as Chairman. Mr. Sulaiman was a former
Managing Partner/Director of Arthur Anderson and later, Accenture. He is a
Chartered Accountant and a product of the University of Lagos and Harvard
Business School.
Equally, the President has approved the appointment of Mr.
Daniel Asapokhai as the Executive Secretary of the Council. Asopokhai, ITRealms gathered is a partner and a Financial Reporting Specialist at the
PricewaterHouseCoopers (PWC), Nigeria, and a graduate of the University of
Lagos and the University of Pretoria.
President Muhammadu Buhari, he said, has also instructed the Minister
of Industry, Trade, and Investment to invite the nineteen ministries,
departments and agencies of the Federal Government and private sector
organizations specified in the FRC Act to nominate members of the board of the
council.
Until his appointment, Mr. Sulaiman
has been the Group Chairman of the Board of Cornerstone Insurance Plc. He is
management consultant, specializing in organizational development, enterprise
transformation and business process reengineering.
In addition, Mr. Sulaiman,
as reported by Reuters, is chairman of the Board of several companies,
traversing several sectors of the economy with an emphasis on the emerging
electronic payments industry and companies in the entrepreneurial stage.
“He began his professional
as Diplomat, including a stint at the Nigerian Embassy in Washington District
of Columbia (DC) as Consular Officer from late 1976 to early 1978. In late
1978, he joined the Management Information Consulting Division of Arthur
Andersen & Co. which later became the Andersen Consulting, and now Accenture.
"He rose rapidly
through the ranks to become Local Partner in 1984 and Partner in the Worldwide
Firm in 1989; taking over from the founding Managing Partner, Dick Kramer, in
1993 and remained Country Managing Partner for both Arthur Andersen, the Audit
and Tax firm as well as Andersen consulting until 1999 when with the complete
separation of the consulting business from the Arthur Andersen Worldwide
Organization, he became the Country Managing Director of Accenture, the new
name of the independent management and technology consulting arm.
“By March 2005, he retired
from his executive leadership of Accenture in Nigeria and took on the
supporting role of Non-Executive Chairman and an 18-month contractual role. “
A qualified Chartered
Accountant since 1981, Sulaiman attended the Program for Management Development
(PMD) at the Harvard Business School in 1990, he obtained 42 years ago, a First Class Honors Degree in
Business Administration from the University of Lagos.
Chuks Egbune/GEE
ITREALMS ... everything news digitally!
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