Deloitte Africa strengthens regional operations

• Appoints Folarin W’Africa’s business leader, CEO Nigeria

Deloitte Africa has appointed Fatai Folarin as the new Chief Executive Officer of Deloitte Nigeria and Deloitte West Africa Regional Leader, effective June 1, 2016, as it continues to focus on driving Africa’s regional growth potential.

The Deloitte Africa Chief Executive Officer, Lwazi Bam, said “Folarin’s extensive history of leadership, coupled with his experience advising multinational clients looking to establish themselves in the West Africa market makes him an ideal person for this role.

“I look forward to working closely with him to continue to ensure that Deloitte West Africa makes a positive, enduring impact for all stakeholders, including Deloitte clients, its people, and society.”

Folarin’s priorities will include applying leading technology to serve clients across the Deloitte core businesses in West Africa of audit, tax, consulting, risk advisory and corporate finance services, while building on a distinct experience that engenders trust with clients and attracts and inspires talent.

Folarin’s appointment harnesses the existing business advantages the firm already offers across the continent, while adding significantly to its ability to deliver tailored solutions to businesses in a region, which has its own complex challenges.

The new helmsman, with his more than 26 years of professional services experience, continues to serve as a tax leader in the practice, serving several of Deloitte West Africa’s most prominent clients.

Prior to his role of Deputy CEO of Deloitte West Africa, which he assumed on 1 December 2015, he led Deloitte West Africa’s tax practice, managing various international and national engagements involving technology, media and telecommunication companies, oil and gas companies and companies in the consumer business industry.

He is an alumnus of The Federal Polytechnic Ilaro and a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and the Chartered Institute of Taxation, Nigeria (CITN).

“I feel extremely honoured to take on this leadership role in Deloitte at such an exciting time for our profession.

“The requirements of Deloitte’s clients, people, regulators and other stakeholders are constantly changing and I know that Deloitte in West Africa is best placed to help our stakeholders with these changes in meaningful ways, which will benefit them for years to come,” Folarin said.