Ogun House Of Reps Aspirant, Abiola Hakeem Bakare Onimokan Becomes Fellow, Institute of Chartered Accountants Of Nigeria


Things are falling in places for an aspiring member of the Federal House of Representatives in Ado-Odo/Ota Federal Constituency in Ogun State, Hon. Abiola Hakeem Bakare Onimokan.

The urbane and cerebral politician has just been conferred with Fellow of the Institute of Chartered Accountants of Nigeria (ICAN).

Onimokan is a successful accountant that has also inspired many Nigerians into the prestigious profession.

The suave politician is determined and is committed to whatever he believes in, no wonder his profile is as enviable as they come.

Bakare Onimokan is the Chief Executive Officer/Director of Monarchs Consulting Limited, a growing Nigerian company with interests in Financial and Human Resource advisory, Real Estate and Agriculture.

He is a successful Finance, Commercial and Strategy professional with extensive experiences.

Most recently, he was the Chief Finance Officer/Financial Controller for Fugro entities in Nigeria.

Fugro is a Dutch multinational public company headquartered in the Netherlands.

The company is listed on NYSE, Euronext Amsterdam, and is included in the AMX index.

He also acted as the Acting Country Manager for this organisation in Nigeria. Prior to joining Fugro, Mr. Abiola Bakare was the Finance Business Partner for West Africa (covering most Africa countries Nigeria, Ghana, Gabon, Congo, Ivory Coast, Cameroon and Equatorial Guinea) at Swire Oilfields Services, now Swire Energy Services, another multinational oil and gas service company headquartered in Aberdeen Scotland and presence all across globe.

He supported all Swire Oilfield’s markets across the West Africa region especially in commercial planning and investments/market entry evaluations.

He has extensive experience in Oil and Gas financial controlling, strategy formulation and execution across the West Africa region.

He is a professionally qualified Accountant with experiences in commercial and financial management. Abiola Bakare is rated very high in senior management team, leadership, and resources management and excellent in driving business transformation and turnaround strategies.

As a long-time senior management team member, Abiola has extensive knowledge of building, developing and growing businesses, managing risks and formulating growth and visionary strategies across board.

He is a great thinker, innovator and go-getter shaping the way businesses are managed financially and commercially. Possessing excellent communication skills and able to establish sustainable and profitable relationships with stakeholders across the spectrum.

Abiola is a second class upper graduate of the Lagos State University (LASU).

He had both Diploma and BSc in Industrial Relations and Personnel Management. He finished at top-2 from his department.

He is a Chartered Accountant and a member of the Institute of Chartered Accountants of Nigeria (ICAN), Association of Chartered Certified Accounts (ACCA-UK) with Advance Diploma in Management Accounting from the Chartered Institute of Management Accountants (CIMA-UK), and also a member of the Chartered institute of Taxation of Nigeria (CITN).

He also worked with Shell in Nigeria, spent four years across different Finance roles – Business Process Specialist, Payable Accountant, Finance Business Analyst, Tax Management and Account Receivables.

He exited the company with lots of accolades from the senior management team.

Abiola is currently finishing a Master of Business Administration (MBA) at the Edinburgh Business School, Heriot-Watt University and a Masters of Development Finance at the University of Lagos, Akoka.

At the Lagos State University, he was elected as General Secretary for his departmental association at one time and later contested for the association’s presidency. Earlier in his career, for many years, he prepared hundreds of ICAN students and helped them to achieve their dreams of becoming Chartered Accountants.

His areas of focus are – Strategy Formulation and Execution, Budgeting and Budget Controlling, Tax and Risks Management, Development Finance, People Management, Investment and Debt Management, Revenue and Expenditure Management, Financial Reporting and Governance Compliance and Public Policy.

Away from professional life, he is a fun-loving guy – you can find him playing with his beautiful family, discussing public governance and leadership or brainstorming ideas with his business associates.

Tracing his interest in accounting, he said that “it all started as a young kid helping my stepmom to sell cooked beans, cooked yam, and bread in my hometown of Ado-Odo.

“Some folks came around to buy from me and I made mistake in arriving at the exact amount of what they bought.

“One of them said in Yoruba language – “O ti e mo isiro”. Meaning, I didn’t even know simple calculations. It pained.

“There were other factors. But that event primarily made me decided that I would become an Accountant!

“I had since qualified as a Chartered Accountant at the early age of 25! Prepared and supported hundreds of accounting students to become Chartered Accountants. Had the privilege of working with global companies in top Finance positions.

“I have always not taken seriously the idea of becoming a Fellow Chartered Accountant (FCA), for some personal reasons. But yesterday I got conferred as a Fellow Chartered Accountant.

“This is the pinnacle of the accounting profession. Congratulations are in order.

“All thanks to God and my family for the supports.”

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