The Chartered Institute of Taxation of Nigeria (CITN) has elected Adesina Adedayo as its new president, chairman of council. He replaces Dame Gladys Simplice.
The institute also elected other new officers to steer the affairs of the institute for the next two years.
Adedayo, a specialist in Risks Management and Economic Model Building. He obtained his B.Sc. degree in Accounting from the Nasarawa State University, Keffi in 2017, was elected at the institute’s 29th Annual General Meeting held in Lagos.
He is a Fellow of both the Chartered Institute of Taxation of Nigeria and the Institute of Chartered Accountants of Nigeria. The new COTN boss is also a member of the Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN) and a Certiﬁed Fraud Examiner.
He started his working career with the Federal Audit Department (now known as Office of the Auditor General of the Federation) in 1984. In the course of his work career, he attended the Federal Treasury Academy Course 1 in 1988 and subsequently the Course 2 in 1991 when he took the first position at the entrance examination in which staff of all the Ministries, Departments and Agencies of the Federal Government participated.
Also elected is Samuel Agbeluyi as the Vice President. He holds a Higher National Diploma in Accountancy with a Master of Science (Finance) at the Lagos State University, Ojo and MBA (Marketing) from ESUT Business School, Enugu.
Agbeluyi is a multi-disciplinary professional of repute who has made his modest contributions both in employment and practice.
Innocent Ohagwa, emerged the Deputy Vice President, He is a product of Government College, Umuahia is a Second Class Upper graduate in Accounting from the University of Lagos with a Master in Business Administration from Bayero University, Kano.
He was trained and qualiﬁed as Chartered Accountant with the then ﬁrm of Akintola Williams & Co Chartered Accountants, Lagos and worked with Century Merchant Bank Limited and Muktari Dangana & Co. Chartered Accountants, Kano before joining the Federal Inland Revenue Service.
Simon Nwanmaghyi Kato also emerged Honorary Treasurer. He is a Fellow of both the Chartered Institute of Taxation of Nigeria CITN and the Association of National Accountants of Nigeria ANAN. He is a graduate of Economics 1988, and equally has two Master Degrees.
Also worthy of note is the creation of the position of two new Deputy Registrars. While Lanre Olasunkanmi, a Chartered accountant and Tax professional was appointed as Deputy Registrar Corporate and Internal Services, Mrs Afolake Oso, a lawyer and a Fellow of the Institute, was appointed as Deputy Registrar, Research and Professional Services. We wish them success in their new roles.
Over the years, Adedayo had served as member, Vice Chairman I & II and Chairman of various committees of the Chartered Institute of Taxation of Nigeria, like the CITN Think Tax, Lagos District Society, Social & Publicity Committee, Annual Tax Conference Committee, JTB Education Committee, Tax Practice Monitoring Committee, Finance and General-Purposes Committee to mention but a few. He also was a member and CITN Representative of National Tax Policy Review Committee (an initiative of the Federal Ministry of Finance).
Adedayo rose through the ranks to become a Council Member, an EXCO member, Deputy Vice President and Vice President of the Chartered Institute of Taxation of Nigeria, a position he held till June 2021. Ade also served in other Professional bodies.
Adedayo holds a Special Executive Masters in Leadership & Strategy from the Metropolitan School of Business and Management (UK). He is presently undergoing the Senior Executive Course 43, 2021 at the National Institute for Policy and Strategic Studies, Kuru, near Jos in Plateau State.