First Women

First Women: Olutoyin Olakunri is The First Nigerian Woman to Become a Chartered Accountant


Chief Mrs. Olutoyin Olakunri is the first female Chartered Accountant in Sub-Saharan Africa.

A woman of many firsts, Olutoyin was born on November 4, 1937. She attended primary school in Nigeria and completed her secondary and tertiary education in the United Kingdom.

In February 1963, she qualified as a member of the Institute of Chartered Accountants of England & Wales.

She became a foundation member of the Institute of Chartered Accountants of Nigeria in 1965. In 1978, she served as the Chairman of the Society of Women Accountants in Nigeria.

She was also the first female President of the Institute of Directors in Nigeria, former member of the National Revenue Mobilization Allocation and Fiscal Policy Commission, Vision 20:2020 Committee, and Council of the Nigerian Stock Exchange.

Olutoyin was a member of the Constituent Assembly that generated the 1979 Constitution of the Federal Republic of Nigeria.

A former president of Institute of Chartered Accountants of Nigeria. She was on the Finance Committee of Nigerian Institute of International Affairs and the Board of Nigerian Liquefied Natural Gas Limited for 8 years.

She also served as the Chairman of the Education Trust Fund, now Tertiary Education Trust Fund for two terms.

Chief Mrs. Olutoyin Olakunri received many local and international awards for her contributions to the profession and societal development. One of which is the Officer of the Federal Republic [OFR] of Nigeria.

Married with children and grandchildren, Olutoyin died in June this year at the age of 80.

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