Boss Of The Week
Akintola Williams: Guru with the Midas Touch
By Eric Elezuo
Only few persons are known to have come from rich and influential families, and still managed to carve a niche for themselves, made their own names and stood apart from the crowd. One of such persons is the indefatigable and ever committed accounting guru, arguably the best the country ever produced, Chief Akintola Williams.
Chief Williams was born on August 9, 1919 to the Ekundayo Williams family. His father was a lawyer and farmer while his grandfather, Z. A. Williams, was a prolific businessman from Abeokuta. His background really set the stage for the young Akintola to take the world by storm, rise above mediocrity and start an all new hegemony devoid of entrepreneurship, law and farming that his forebears were known for. He created a new vista, a new environment and subdued the field of accountancy. He became the first African to qualify as a chartered accountant.
Akintola took off on the journey of life when he began his education at Olowogbowo Methodist Primary School, Bankole street, Apongbon, Lagos Island, Lagos, in the early 1930s. This was the same primary school his late younger half-brother, Chief Rotimi Williams, attended.
Lagos Governor, Ambode with Pa Akintola
After his primary education, he proceeded to the CMS Grammar School, also in Lagos and made one of the best results, which took him to the only higher institution of learning at the time, Yaba Higher College, now Yaba College of Technology. His education at the institution was sponsored by a UAC scholarship as a result of his brilliance. He obtained a Diploma in Commerce on graduation.
In 1944, he was admitted to the University of London, England, to study Banking and Finance, and in 1946, he graduated with a Bachelor of Commerce. He did not stop there, but continued steadfastly in his studies, qualifying as a chartered accountant in England in 1949.
After qualifying as a chartered accountant, Williams professionally started his career when he took up paid employment with the Colonial office in London. He was thereafter posted to Nigeria, and he returned home in 1950 to take the post of Inspector of Taxes, working with John Selby, whose advice laid his path to considering accountancy as a course.
Receiving an award
In 1952 therefore, he left the job and its huge benefits to set up his own firm, Akintola Williams and Co in Lagos. It became the first indigenous chartered accounting firm in Africa. It would be recalled that at the time, the accountancy business was dominated by five large foreign firms. Although there were a few small local firms, they were certified rather than chartered accountants.
With master touches of professionalism, his firm later grew ‘organically and through mergers’ to become the largest professional services firm in Nigeria by 2004. Williams participated in founding the Nigerian Stock Exchange and the Institute of Chartered Accountants of Nigeria. During a long career, he has received many honours.
With his deft moves and diplomatic connections, he gained business from indigenous companies including Nnamdi Azikiwe’s West African Pilot, K. O. Mbadiwe’s African Insurance Company, Fawehinmi Furniture and Ojukwu Transport. He also provided services to the new state-owned corporations including the Electricity Corporation of Nigeria, the Western Nigeria Development Corporation, the Eastern Nigeria Development Corporation, the Nigerian Railway Corporation and the Nigerian Ports Authority.
Pa Akintola with Oba of Lagos and Governor Ambode
By 1964, the expansion of his firm has started as a branch was opened in the Cameroons. This was followed by branches in Côte d’Ivoire and Swaziland, and affiliates in Ghana, Egypt and Kenya. By March 1992, the company had 19 partners and 535 staff. This obviously attested to the hard work the seasoned accountant has put into his work.
With the advent of the Companies Act of 1968, demand for his services increased. This act required that companies operating in Nigeria formed locally incorporated subsidiaries and published audited annual accounts. The drive in the early 1970s to encourage indigenous ownership of businesses also increased demand, and Williams was responsive to all challenges.
In 1973, AW Consultant Ltd, a management consultancy headed by Chief Arthur Mbanefo, was spun off. The company acquired a computer service company and a secretarial service, and in 1977, the company entered into an agreement with Touche Ross International based on profit sharing. Williams was also a board member and major shareholder in a number of other companies. He retired in 1983.
Between April 1999 and May 2004, Akintola Williams & Co. merged with two other accounting firms to create Akintola Williams Deloitte, the largest professional services firm in Nigeria with a staff of over 600.
Among many of his achievements, Williams played a leading role in establishing the Association of Accountants in Nigeria in 1960 with the goal of training accountants. He was also the first President of the association as well as the founding member and first president of the Institute of Chartered Accountants of Nigeria. He was very good at creating new things. He was also involved in establishing the Nigerian Stock Exchange. Akintola Williams remained actively involved with these organisations into his old age.
Pa Akintola with Otunba Balogun
With an eye on due process, he called on operators to protect the stock exchange market and ensure there was no scandal. He said that, if needed, market operators should not hesitate to seek his advice on resolving any problem. He made himself available even as a retiree.
Some of the public sector positions he held are enormous and they include Chairman of the Federal Income Tax Appeal Commissioners (1958–68), member of the Coker Commission of Inquiry into the Statutory Corporations of the former Western Region of Nigeria (1962), member of the board of Trustees of the Commonwealth Foundation (1966–1975), Chairman of the Lagos State Government Revenue Collection Panel (1973) and Chairman of the Public Service Review Panel to correct the anomalies in the Udoji Salary Review Commission (1975).
Other positions include President of the Metropolitan Club in Victoria Island, Lagos, Founder and Council member of the Nigerian Conservation Foundation and Founder and chairman of the board of Trustees of the Musical Society of Nigeria.
In 1982, Williams’ efforts were recognized and he was honoured by the Nigerian Government with the O.F. R. award
Following retirement in 1983, Williams sought to diversify and keep himself busy. That prompted an all new project aimed at establishing a music centre and concert hall for the Music Society of Nigeria.
In April 1997, he was appointed a Commander of the Most Excellent Order of the British Empire for services to the accountancy profession and for promotion of arts, culture and music through the Musical Society of Nigeria. The Akintola Williams Arboretum at the Nigerian Conservation Foundation headquarters in Lagos is named in his honour.
As the expansion keeps becoming a recurring decimal, the firm adopted the business name “Akintola Williams Deloitte” on July 30, 2004. It has remained the oldest indigenous firm in Nigeria.
On the 8th of May, 2011, the Nigeria-Britain Association presented awards to John Kufuor, past President of Ghana, and to Akintola Williams, for their contributions to democracy and development in Africa.
A nonagenarian of no mean repute, Akintola Williams clocked 99 healthy and productive years on August 9, 2018, drawing accolades from reputable individuals including President Muhammadu Buhari, Governor Akinwunmi Ambode, Asiwaju Bola Ahmed Tinubu among many others.
Sir, for your achievements which are innumerable and the many lives you have touched in your 99 years on earth, and since 1952 when you took the bull by the horn to float your own firm, tou are our boss of the week. Congrats and happy birthday sir!
By Eric Elezuo
African originality is not in contest. It is evidenced in the prodigious achievements of the rank and file of citizens, who on a daily basis continue to churn out one great after another. Among the list of prolific achievers of Africa is the undisputable Eric Onyango Gumbo; a true African son of Kenyan origin.
Masterful, focused, determined and an all round goal-getter, Gumbo is a legal egghead, who is an Advocate of the Court of Kenya, with over 20 years of legal and advisory experience across Africa, in addition to being an entrepreneurial genius, whose chain of businesses and endeavours speak volume of the mettle he is made of.
Armed with a Bachelor’s degree in Law from Moi University, and a Post graduate Diploma in Law fro the Kenyan School of Law, Gumbo has added a lot of feathers to his cap of merit, including the Commissioner for Oaths, Notary Public and being a Member of the Chartered Institute of Arbitrators. He is one man, who knows his onions in the legal profession, and has used his skills to project the Kenyan justice system as well as project the African continent in the positive legal limelight.
Gumbo is the Managing Partner of G & A (Gumbo and Associates) Advocates LLP, which he founded in 2006, and later established as a Limited Liability Partnership, G&A Advocates LLP, in 2017. And as a visionary leader, he was to expand the firm further to operate in both Nairobi and Eldoret with solid partnerships and collaboration with other leading law firms across Africa.
Beyond his qualification in the normative training of Law, Eric Gumbo has over the years, also enhanced and focused his practice of law in Dispute Resolution and Commercial Law. Towards deepening his training and experience within the two areas of practice, he has also undertaken and completed programs on Financial Markets from Yale University, Arbitration from the Chartered Institute of Arbitrators (Kenya Branch) and Fintech Law and Policy from Duke University. He is currently undertaking a course in Green Business strategy from the Hongkong University of Science and Technology.
Gumbo is not the regular run-off-the-mill Advocate. In his career of over two decades, as an Advocate, he has successfully handled numerous highly sensitive matters according to the G and A website. Some of these include as copiously re-presented:
- As part of the team selected to advise and represent Kenya’s elections management body in all the three (3) Presidential Election Petitions filed in in the Supreme Court of Kenya. Acted as legal counsel for one of the state corporations in relation to a claim presented against the state corporation by a downstream affiliate of one of the multinational oil and gas companies where the value of the subject matter was in excess of US$ 45 Million.
- Advised and represented a leading electric power producer in a ground breaking transaction between it and the Government of Djibouti for drilling of three geothermal wells in Djibouti.
- Provided legal advisory and contracting support to a transport-sector state corporation which involved reviewing and drafting of commercial agreements, and negotiating of diverse aspects with various contracting parties in relation to one of the country’s flagship infrastructure projects.
- In the Public Private Partnership space, Gumbo is currently part of a team that is advising and representing one of the energy sector state corporations in relation to a claim filed before the Public-Private Partnership Petitions Committee in relation to a project valued in excess of US$ 320 Million.
- Gumbo also continues to act for diverse entities entrusted with the carrying out of various regulatory and independent constitutional mandates in sectors such as health, energy, telecommunication, education, trade, aviation, procurement, environment and natural resources, capital markets and financial services.
Gumbo is involved in numerous other activities beyond engaging in the actual practice of law.
In the first place, he currently serves as a Non-Executive Chairperson of the Legal Aid Centre for Eldoret (LACE), and also a Council Member representing the Law Society of Kenya in the Council for Legal Education (C.L.E). This is not excluding the fact that he is also a Board Member of the Kenya Re-Insurance Company Limited (Kenya Re), a public listed company.
Larger than life itself, Gumbo’s profile keeps expanding with mouthwatering appointments, requiring zeal, experience, gusto and can-do-attitude. Recently, he was appointed by His Excellency the President of Kenya, Willam Ruto, to serve as a member of the panel mandated to recruit the Auditor General for the Republic of Kenya, and has affiliations that enhance his proclivity to meritorious practice of law. Such affiliations include memberships of the Law Society of Kenya, the East Africa Law Society, Chartered Institute of Administrators and the Legal Aid Centre of Eldoret.
A seasoned legal counsel with over 20 years of experience across Africa, Gumbo has built a strong reputation in the legal industry, specializing in financial services, regulatory matters, advisory roles, commercial transactions, and dispute resolution. He is highly sought after as a consultant, and provides advisory services to both private and public sectors on high-stakes transactions and regulatory frameworks in banking, infrastructure development, energy, and ICT.
His website also described him as “A seasoned public speaker and thought leader, he actively contributes to legal reforms and policy discussions, particularly in financial engineering, electoral law, and governance,” and “has successfully led legal teams in significant sovereign finance transactions and complex cross-border projects, showcasing his expertise and commitment to advancing the legal landscape in Africa.”
Beyond consulting for the Kenyan government, Gumbo has proved his trans-border billing by offering generous consultations to the governments of Somaliland and Tanzania as well as corporate entities such as Rasmala Trade Finance Fund, Alliance for Green Revolution in Africa and Ardmore Capital Management LLC among others.
In addition to his many endeavours, which include advocacy and consultancy among others, Gumbo find time to engage in speaking Engagements as captured below:
● Presented a seminal paper on the recent developments in electoral law in Kenya to the Faculty of law Mount Kenya University of Kenya on 31st January, 2024.
● Presented a paper on the art of persuasion and legal drafting in a symposium organized by the Law Society of Kenya for advocates in private practice on the 9th June, 2023.
● Presented a paper on trial advocacy in a seminar for advocates in dispute resolution practice in Kenya on the 15th September, 2023.
● Presented a paper on employment law and practice in commercial banking institutions on the 29th November,2023.
Married with an enviable family of adorable children, Gumbo is a great sports enthusiast, with special bias to golf, which he plays voraciously. Golf, to him, is the next big time.
Africa needs Africans. African needs prolific Africans. Africa needs Eric Onyango Gumbo!
By Eric Elezuo
Beyond ancestral qualification, the newly crowned Owa Obokun of Ijeshaland, the 49th in the series, Oba Clement Adesuyi Haastrup, is a man of many parts; focused, capable, disciplined, fulfilled and down to earth. He is typically the product of what patience can produce, as his emergence was via the efforts of respected kingmakers of Ìjẹ̀ṣàland with a seal of approval by the State Governor, Ademola Adeleke. The process of emergence was grounded in the deep rooted traditions and values of the Yoruba culture.
Named as the paramount ruler in December, 2024, and crown substantive royal father on January 5, 2025, the former Deputy Governor of Osun State, has proved to be a good choice, bringing to bear his years of entrepreneurship and political sagacity to bring development and all round growth to his kingdom.
Addressed as His Imperial Majesty, Oba Looja Clement Adesuyi Haastrup, Owa Ajimoko III, the Owa Obokun Adimula and Paramount Ruler of Ìjẹ̀ṣàland, the oba launches into leadership with a combined flair of experience, vision, and dedication to service, which has steadily elevated the kingdom within a short period.
The Oba, by every standard, is not a run-of-the-mill monarch, he well trained and ground in not a few sectors of human endeavours. Not only was a former number two man of his state, he is a distinguished entrepreneur, and founder of ENL Consortium, one of the leading terminal operators in Nigeria, which under his stewardship, the company played crucial roles in the nation’s trade and logistics renewal. Beyond these, Haastrup is also a trained Pharmacist.
The new oba, who is celebrated for his academic excellence and dynamic leadership, replaced Oba Gabriel Adekunle Aromolaran II, who passed on recently.
With a legacy of public service, entrepreneurial success, and philanthropic dedication, Oba Haastrup’s enthronement heralds a new era for Ijesaland. As the Owa Obokun, his vision and leadership promise to transform Ijesaland into a beacon of unity, innovation, and prosperity. The people of Ijesaland eagerly anticipate the dawn of a brighter future under his reign.
Oba Haastrup’s reign is poised to deliver unity, prosperity, and a thriving future for the kingdom, ensuring that Ijeshaland remains a beacon of cultural heritage and progress in Nigeria and beyond.
The Dawn Commission, on its website, captures the trajectory of the disciplined oba as follows:
Prince Clement Adesuyi Haastrup was born on September 19, 1948, into the illustrious Ajimoko royal family of Ijesaland in Osun State, Nigeria. His upbringing was steeped in the values of service, discipline, and leadership that are hallmarks of his royal lineage. From an early age, he exhibited the qualities of a visionary, a trait further nurtured by his family’s deep cultural heritage and Christian faith.
Oba Haastrup’s academic journey laid the groundwork for his remarkable career. He attended Eko Boys’ High School in Lagos from 1963 to 1967, where he demonstrated an exceptional commitment to learning and leadership. He furthered his education at the Federal School of Science and later pursued a Bachelor’s degree in Pharmacy at Howard University in Washington, D.C., graduating in 1974. Determined to expand his horizons, he spent several years in the United States, where he not only gained academic knowledge but also developed a global perspective and the discipline required for success.
Returning to Nigeria in 1981, Prince Haastrup immersed himself in public service. His political career gained prominence in 1990, when he was elected as the Deputy Governor of Osun State, serving under Governor Isiaka Adetunji Adeleke during the Third Republic.
In his capacity as Deputy Governor, Oba Haastrup championed significant reforms and spearheaded key initiatives that enhanced governance and public administration. His tenure saw him secure impactful public-private partnerships with federal agencies such as the Power Holding Company of Nigeria (PHCN), the Nigerian Ports Authority (NPA), and the Federal Housing Authority (FHA). These achievements solidified his reputation as a pragmatic and results-oriented leader, earning him widespread admiration and paving the way for his transition into the private sector.
After leaving public office in 1992, Prince Haastrup turned his attention to the business world, where he continued to make significant contributions to Nigeria’s economic development. In 2002, he founded ENL Consortium Limited, initially focusing on utility management. Recognizing opportunities in Nigeria’s maritime sector, he expanded ENL’s operations to include port management and infrastructure development.
In 2006, ENL Consortium, under his visionary leadership, secured the concession for Terminals C and D at the Apapa Port Complex in Lagos. These terminals, which handle both general and containerized cargoes, have set benchmarks for efficiency in port operations.
The company’s innovative approach included:
- Extensive rehabilitation of port infrastructure
- Deployment of cutting-edge equipment
- Introduction of labor reforms, which improved productivity and industrial harmony
Today, ENL Consortium operates one of the largest seaport facilities in West Africa, with 11 berths capable of handling between 9.7 and 11 meters of draft. The company has diversified into power generation, estate development, and hospitality, contributing to job creation and industrial growth in Nigeria.
Prince Haastrup’s contributions have earned him recognition as one of Nigeria’s foremost maritime magnates. His leadership in transforming port operations and enhancing transparency has positioned Nigerian ports as competitive global players. His efforts have not only improved Nigeria’s standing in the maritime industry but also generated significant revenue and fostered economic growth.
Through the Clement Adesuyi Haastrup Foundation (CAH Foundation), Oba Haastrup has impacted lives by awarding scholarships to over 500 students, enabling them to access higher education locally and internationally. His philanthropic initiatives extend to feeding the hungry and empowering the underprivileged, solidifying his reputation as a compassionate and community-orientated leader.
Oba Clement Adesuyi Haastrup emerged as the Owa Obokun of Ijeshaland following a meticulous selection process by the kingdom’s esteemed kingmakers. His selection was officially approved by Governor Ademola Adeleke of Osun State on December 27, 2024, after the passing of Oba Adekunle Aromolaran II on September 11, 2023.
The coronation ceremony, a grand and historic event graced by dignitaries from across Nigeria and beyond, included the presentation of the Staff of Office and Instrument of Appointment. This event marked the official commencement of his reign, accompanied by traditional rites, festivities, and cultural displays that highlighted the rich heritage of Ijesaland.
Oba Haastrup’s enthronement is a powerful blend of tradition and modernity. Building on the legacy of Oba Aromolaran II, who was renowned as the first Nigerian monarch to hold a Ph.D., Oba Haastrup brings a global perspective shaped by his illustrious career in governance and business. His leadership is underpinned by a vision to bring unity, prosperity, and innovation to Ijesaland.
Oba Haastrup’s reign is poised to usher in transformative change across the kingdom. Guided by decades of experience in governance and business, his priorities include:
- Agricultural Modernization: Promoting mechanized farming to enhance food production and create jobs.
- Infrastructure Development: Collaborating with stakeholders to improve roads, healthcare facilities, and schools.
- Economic Empowerment: Encouraging investment and entrepreneurship to drive local economic growth.
- Social Harmony: Fostering unity and resolving communal disputes to strengthen bonds within the community.
Oba Haastrup is married to Olori Vicky Haastrup, the Chairperson of the Seaport Terminal Operators Association of Nigeria (STOAN). The oba and his olori are blessed with wonderful children.
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