Past President
Institute of Chartered Accountants of Nigeria

The Immediate Past President of the Institute of Chartered Accountants of Nigeria was born coincidentally at about time the Act that established the Institute was enacted in September 1965.

He is the Founder/Chief Executive Officer of Mutual Alliance (member of the Nigerian Stock Exchange, and Heritage Capital Markets Ltd. He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN); an Associate of the Chartered Institute of Stockbrokers (CIS). Ajaegbu is a philanthropist of repute who currently runs the Chidi Ajaegbu Educational Foundation which awards scholarship every year to over 100 students of tertiary institutions in Abia and Lagos States respectively.

He has served the Institute in various capacities as Chairman, Deputy Chairman and member of various committees. He has been a member of ICAN Governing Council since 2001. As the Honorary Treasurer of the Institute in 2010, he conceptualised and drove the Institute’s Members’ Group Life Insurance Policy; the E-settlement process and developed strategic initiatives with various external partners. He was Vice President (2013/2014), 1st Deputy Vice President (2012/2013) and 2nd Deputy Vice President (2011/2012).

He has also served the accounting profession and the public in numerous capacities, as Council member, Association of Accountancy Bodies in West Africa (ABWA) 2013; Treasurer, Association of Accountancy Bodies in West Africa (ABWA) and Member of the Board of Pan African Federation of Accountants (PAFA).

He attended Government College, Surulere, Lagos (1982 – 1984) GCE A’ Levels; Government College, Surulere, Lagos (1977 – 1982) WASC. He trained and qualified as a Chartered Accountant in Binder Balogun & Co. (BDO) 1984 – 1988. He holds a Masters degree in Banking and Finance from University of Lagos and a Diploma in Psycho Physiological Detection of Deception from the American International Institute of Polygraph (Stockbridge, Atlanta Georgia, USA).