The Accountant General of the Federation, Ahmed Idris FCNA, FITM has been sworn-in as the first President (post chartered) and Chairman of Council, Chartered Institute of Treasury Management (CITM).
The Director, Information, Press and Public Relations in the Office of the Accountant General of the Federation, Henshaw Ogubike who confirmed the development to our correspondent, said the nomination of AGF Idris as the pioneer President of the Chartered Institute of Treasury Management (CITM) was announced recently by the Registrar of the Institute, Mr. Adedoyin Olumide.
Mr. Olumide had pointed out that AGF Idris’ position as the Head of the Treasury of the Federation and his vast experience in cash management made him eminently qualified to lead the CITM.
The investiture of AGF Idris as the President and Chairman of Council of the CITM took place at an impressive ceremony in Abuja, where the Registrar, Mr Adedoyin Olumide and other members of the CITM were formally inaugurated.
At the occasion, the Accountant General was presented with an award and instrument of office as the first President and Chairman of Council of the CITM.
Speaking after his investiture, Idris commended the hard work and tenacity of members of the CITM which led to the successful passage and assent of the CITM Establishment Act 2021.
He stated that the vision and mission of the CITM is to build a world class treasury personnel that are conversant with the complexities of modern treasury management and could compete effectively and manage public, corporate and private treasuries.
He expressed delight at the honour done him and restated his commitment to serve as the President and Chairman of Council of the Institute. He said as the President, he will lean on the noble objectives of the Institute and will deploy his experiences in the management of the Federal Treasury to promote a robust agenda for the CITM.
In a goodwill message, the Minister of Finance, Budget, and National Planning, Mrs. Zainab Shamsuna Ahmed congratulated the Accountant General of the Federation on his inauguration as the first President of the CITM.
Represented by the Permanent Secretary, Federal Ministry of Finance, Mr Aliyu Ahmed; the Minister noted that AGF Idris’ appointment was well-deserved considering his position and experience as the Head of the Treasury.
She noted that since assumption of office in 2015, Idris has led series of reform initiatives to align the Treasury with international best practices, particularly leveraging on Information Technology to automate key processes and procedures for better and ideal public sector accounting and financial management.