Story of the week
LANDMARK HOLDS 39 TH LUCRID WEBINAR
The 39th in the webinar series under the auspices of the Landmark University Centre for Research, Innovations and Discoveries in collaboration with the College of Business and Social Sciences examined internal control systems’ best practices in relation to their role in ensuring organisational efficiency. Speaking on the theme of the webinar, "Global Best Practices in Internal Control Systems for Enhanced Organisational Operational Process Efficiency", Mr. Segun Ayodele who is Head of Internal Audit and Control at the Niger Delta Petroleum Resources Limited Lagos, noted that internal control systems are an integral part of an organisation’s governance system. He defined internal control as the process implemented by an organization's governing bodies, management, and other personnel designed to provide reasonable assurance regarding the achievement of objectives relating to operations, reporting, and compliance. Having enumerated the objectives, components, and principles of internal control, which he grouped into five categories: control environment, monitoring activities, information and communication, control activities, and risk assessment, Mr. Ayodele emphasized that the operational efficiency of an organization can be delivered with fewer resources. In the same vein, he gave some of the best practices for internal control systems to include aligning the internal control framework with the organization's strategy and risk appetite; defining clear roles and responsibilities for internal control activities; establishing a culture of risk awareness and accountability; utilizing technology and data analytics to improve control effectiveness and efficiency; conducting routine reviews and audits to identify and address gaps and weaknesses; and communicating regularly with stakeholders. His conclusion revealed the requirements for evaluating and improving internal control systems which were assessing the design, implementation, operation, monitoring, and effectiveness of the controls that support the achievement of the organization’s objectives.
In her remarks, the Vice-Chancellor of Landmark University, Prof Charity O. Aremu who was ably represented by the Deputy Vice-Chancellor, Prof. John Ojediran, highlighted that global best practices are not only limited to finance but encompass all aspects of human life. She believed that the focus of the webinar would enlighten every participant, Landmark University, and the nation at large. She, therefore, called on organizations to embrace the best practices that would entrench the efficiency of internal control systems toward driving sustainable institutions for future generations.
The webinar had both onsite and online participants who were majorly staff and students from the Department of Accounting and Finance, Department of Economics, Directorate of Financial Services, and Internal Audit of Landmark University.
The 39th LUCRID Webinar facilitator, Mr Segun Ayodele speaking to the theme of the webinar “Global Best Practices in Internal Control for Enhanced Organisational Operational Efficiency”
The Deputy Vice-Chancellor, Professor John Ojediran representing the Vice-Chancellor, Professor Charity Aremu at the 39th LUCRID Webinar
The Deputy Vice-Chancellor, Professor John Ojediran and the Dean of the College of College of Business and Social Sciences, Dr Ben-Caleb Egbide at the 39th LUCRID Webinar
The Director of Financial Services, Mr Christopher Fatiregun making his contribution at the 39th LUCRID Webinar
Mrs Adenike Oladipo giving the appraisal of the 39th LUCRID Webinar
A cross-section of staff and student participants at the 39th LUCRID Webinar
A cross-section of student participants at the 39th LUCRID Webinar
Was this Content helpful?
Click Here
Email Address:
How was your experience with this page?
Yes
No
How was your experience with this page?
Today @ LMU
Omu-Aran, NG
clear sky 24.96oC
See More >>
Subscribe to our Newsletter
Get the latest news and updates by signing up to our daily newsletter.
LANDMARK UNIVERSITYS LIFE APPLICABLE EDUCATION SYSTEM RECOGNIZED AS MAX AFRICA LAUNCHES INTERNSHIP PROGRAMME
Landmark University's distinctive approach to education, centred on life-applicable and life-transforming learning, received validation this week when representatives from MAX Africa visited the institution to seek collaboration for their second internship program. The visit underscored the high regard organizations have for Landmark’s graduates, known for their competence and productivity in the workplace.
During the meeting, MAX Africa's Chief Technology Officer, Mr Olusegun Leigh, unveiled the company’s new internship initiative designed to empower young innovators and leaders in Africa’s mobility sector. Leigh expressed admiration for Landmark University’s alumni, who, he noted, have consistently demonstrated exceptional dedication, resilience, and leadership within MAX Africa. He introduced Mr Kefas El-Olam, a graduate of Landmark University who is the Senior Product Manager, MAX. "Our first point of call for this new phase is Landmark University, primarily because of the exceptional value delivered by Landmark graduates who joined us in the first phase of the internship programme. Their resilience, ability to drive results, and leadership qualities have made a lasting impression," Leigh said, emphasizing how these qualities align with MAX Africa’s mission to address broader industry challenges by cultivating skilled professionals across the continent.
Adding to this, MAX Africa’s Digital Strategist, Mr Adewunmi Oshilaja, highlighted the soft skills and professionalism of Landmark’s graduates. “Beyond technical expertise, Landmark graduates have displayed strong leadership qualities and high standards of professionalism,” he stated. "The core of our strategy is to build well-rounded leaders. As much as we want our interns to gain hands-on experience, we are also committed to equipping them with skills in business communication, team management, and workplace etiquette.”
The upcoming three-month internship program was further detailed by MAX Africa's Human Resource Manager, Mrs Bosede Otaigbe, who described it as a transformative opportunity for participants. She noted that interns would receive intensive training in both technical and interpersonal skills vital for industry success. “Interns will be assigned responsibilities similar to full-time employees and will be evaluated at the end of the program. Those who excel will be offered full-time positions,” she announced. To facilitate applications, MAX Africa has provided QR codes for interested students, who will undergo a thorough screening process to ensure that only the most qualified candidates are selected.
In response, the Vice-Chancellor of Landmark University expressed appreciation to MAX Africa for recognizing the university’s talents and choosing Landmark as a major recruitment partner. He attributed the leadership qualities displayed by students to the legacy of Chancellor Dr David Oyedepo and affirmed the university’s confidence in the students' readiness to embrace this opportunity. He also highlighted Landmark University’s recent recognition as Nigeria's second-best university in the Times Higher Education rankings, further showcasing the institution’s commitment to excellence.
The Registrar also conveyed gratitude to the MAX Africa team and assured them of Landmark University's full support in achieving the program’s goals. Other members of the university’s management expressed enthusiasm about the collaboration, seeing it as a significant step towards advancing opportunities for students, the university, and Africa at large.
Others in attendance at the meeting were the Chaplain, Pastor Popoola; the Dean of Students, Dr Abimbola Oluyori; the Sub-Dean of Student Affairs, Mr Noah Olaibi; the Student Development Officer, Mr Daniel Emmanuel and the HRBP, Compensation & Benefits, and City Manager, Ilorin, MAX, Mrs Adebimpe Alabi.
Members of the Landmark University management and the Max Africa team in a group photograph after the meeting
R-L: The Vice-Chancellor, Professor Kolawole; the Registrar, Engr Adebayo Ajala; the Dean of Students, Dr Abimbola Oluyori; the Sub-Dean of Student Affairs, Mr Noah Olaibi during the meeting with Max Africa
MAX Africa's Chief Technology Officer, Mr Olusegun Leigh while speaking on the new internship programme
The Max team with the Landmark University Student Development Officer, Mr Daniel Emmanuel (L)
The Student Development Officer, Mr Daniel Emmanuel introducing Max Africa to the student community
Max Africa’s HR Manager, Mrs Bosede Otaigbe while speaking to the students of Landmark University on the internship programme
The Max Africa team interacting with Landmark University student community
Max Africa’s Senior Product Manager, Mr Kefas El-Olam while speaking to the students of Landmark University on his experience as a student of the University and during the internship programme
Registration point for Max Africa’s internship programme at Landmark University
