The global body for professional accountants


FATE Foundation

Name: Osayi Alile Oruene

Osayi Alile Oruene

Job title: Executive Director

Sector/business area: Non-Governmental Organisation/Business & Entrepreneurial Development

Organisation details: FATE Foundation is a private sector led not-for-profit organisation created in response to the challenges of unemployment-induced poverty prevalent in Nigerian society. The mission of FATE is to foster wealth creation by promoting business and entrepreneurial development among Nigerians.  

Speaking on their approach to selecting finance experts, Mrs Osayi Alile Oruene commented, ‘A business degree is just one of the criteria. Passion, integrity, a drive to excel and expertise are some of the qualities and values we look for when recruiting finance professionals.’ 

FATE’s strategy is to hire the best people to produce high quality work, which will in turn yield growth in the Foundation. ACCA qualified employees help to achieve the goals of the Foundation by sharing knowledge on finance and accounting, and using relevant experience to create leverage for the Foundation.

Mrs Oruene further commented on the importance of professionalism, ‘We value the competencies possessed by our accounting professionals such as familiarity with auditing standards and International Financial Reporting Standards, and the understanding of accounting principles.’ 

To ensure that ACCA employees are continually challenged, FATE Foundation provides opportunities for training and continuous professional development. The Foundation also works with ACCA to explore opportunities to fulfil its corporate social responsibility through workshop sponsorships that aid sustainable business growth and individual professionalism for entrepreneurs.

Mrs Oruene credits ACCA’s ongoing commitment to professional values, high-level ethics and good corporate governance, and acknowledged the impact of ACCA’s support on FATE’s success over time. Mrs. Oruene concluded by stating FATE’s long-term commitment towards a partnership with ACCA, ‘We are committed to working with ACCA in the future to build sustainable businesses.’