The Institute of Chartered Accountants of Nigeria (ICAN) on Tuesday in Lagos swore in Kabir Mohammed as its 49th president.
Mohammed took over the leadership of the association from the immediate past president, Doyin Owolabi.
In his acceptance speech, Mohammed bemoaned the rapid decay of societal values like honesty, saying this had been a major hindrance to the progress of the nation.
“We are challenged as accountants to enforce professionalism and integrity and that is why the theme for 2013/2014 is Redefining Professional Values: Upgrading the ICAN brand.
“As I set out to implement various policy initiatives embedded in the 2012 to 2017 Strategic Document, we will uphold the challenges in the institute’s membership”, he said.
The new president of ICAN said that the council, under his leadership, would address and solve the discrimination of members who qualified through the Accounting Technician Scheme (ATS).