Advocating for Diversity and Inclusion in Finance

By Jo Sarpal   |   February 27, 2025
 
It’s important to show young Black professionals that they, too, can contribute and have something valuable to offer. 

In the world of finance and banking, where numbers tell powerful stories, Adekitan (Kitan) Amao, CPA, CGA, has built a career defined by resilience, ambition, and purpose. 

As a global accountant with experience spanning multiple continents, Kitan’s journey from Nigeria to the United Kingdom and finally to Canada is a testament to perseverance and the pursuit of excellence.

As we celebrate Black History Month, his story takes on even greater significance—highlighting the achievements of Black professionals who continue to break barriers, redefine industries, and inspire future generations.

A Director of Senior Commercial Markets at Royal Bank of Canada (RBC), managing portfolios of clients with sales exceeding $50 million, Kitan’s path to success was never a given — it was earned through following advice from mentors, hard work and an unwavering commitment to growth. 

But beyond professional accomplishments, his journey is about paving the way for others and challenging perceptions.

Born and raised in Nigeria, Kitan’s interest in accounting was sparked at an early age by family influences. His father, a government accountant, and aunt, a banking professional, introduced him to the world of numbers. He was drawn not only to the profession’s intellectual challenges but also to the professionalism it represented.

“The allure of the profession — sharp attire, suit and tie, and the prestige associated with accounting —captured my attention,” he recalls.  "I used to visit places where bankers worked, and I thought, ‘I wouldn’t mind being here one day.’ That was where the vision started."

Kitan’s banking career began 17 years ago, initially in the credit risk space, where he quickly realized that deep financial knowledge was essential for career growth. Seeking guidance from senior professionals, he asked, “What do I need to do to be like you?” The answer was clear: understand financial reporting, dividend policies, and investment decisions. This advice sparked a clear path for Kitan, driving him to explore a career in global accounting. 

After starting his studies at the University of Lagos, he earned his Bachelor of Science in Applied Accounting from Oxford Brookes University in the UK. This was followed by a master’s degree from Alliance Manchester Business School in the UK, which expanded his global perspective further.

Building on this educational background, he went on to earn his ACCA designation, before becoming a CPA in 2017.

Throughout his career, he worked at major international banks, including Standard Bank, one of Africa’s largest financial institutions. His exposure to global financial reporting standards reinforced his belief that accounting is a universal language—one that transcends borders and industries.

"Working in an international organization builds the foundation for a global accountant,” he says enthusiastically. “It’s not just about numbers; it’s about how finance connects across borders and economies.”

By the time Kitan immigrated to Canada in 2018, he had built an impressive international career. But his move wasn’t just about professional advancement, it was about securing a better future for his family.

"I wanted a better life for my kids. Canada offered opportunities, and I knew that if I positioned myself well, I could contribute meaningfully to the system," he explains.

Upon arriving, he leveraged his global expertise and financial acumen to navigate the Canadian banking sector. His strategic approach and adaptability helped him secure a role at RBC, where he now plays a pivotal role in commercial banking.

Outside of work, Kitan is deeply committed to mentorship and education. Even before becoming a senior accounting professional, he was teaching accounting courses and encouraging young professionals to explore the field.

"Accounting opens your mind to opportunities,” says Kitan, emphasizing that accounting equips people with a skill set that is valuable across diverse industries.

His dedication to giving back extends into community service. He has served as finance director for churches in Nigeria and Canada, and he sits on the boards of On-Screen Manitoba, New Media Manitoba, and the STEMHub Foundation, which supports Black youths pursuing science, technology, engineering, and mathematics (STEM) studies and careers.

"Right from my upbringing, it’s been about helping others. I believe that when you help people, you’re also helping yourself," he says.

As a strong advocate for diversity and inclusion in finance, Kitan understands the power of representation. When he first joined RBC, there were only two Black employees on his floor.

"I knew I had to work in a way that made it easier for others to follow. When one of us does well, it reflects on all of us," he shares earnestly.

This is why Black History Month holds deep meaning for him.

"Being Black in finance, it’s easy to be seen as someone who depends on the system. But I want to be someone who contributes to the system—who removes that bias," he asserts.

For Kitan, celebrating Black excellence is not just about recognizing history— it’s about shaping the future.

"It’s important to show young Black professionals that they, too, can contribute and have something valuable to offer," he emphasizes.

Kitan’s personal and professional journey is grounded in resilience, a trait that has defined Black history and continues to drive his success today.

"My story has been about resilience—getting knocked down and getting back up. I tell my kids all the time: failure is not when you fall, but when you refuse to rise," he says.

Whether facing professional challenges, rigorous exams, or the pressures of navigating corporate spaces, Kitan has always maintained a growth mindset.

"Every obstacle is an opportunity to learn and get better," he adds, emphasizing that setbacks are not roadblocks but stepping stones to growth.

For aspiring accountants, especially those from underrepresented backgrounds, his advice is simple: seek mentorship and be relentless in your pursuit of success.

"It’s tough—especially in accounting—without a mentor, particularly one who looks like you,” he advises. Find someone who has been through the journey and can guide you through it.”

Kitan is also a devoted family man who enjoys board games, soccer, and travelling. He is passionate about exposing his children to different cultures and experiences, hopefully in the global accounting and finance profession.

"I always wanted international exposure, and I want my kids to experience that too. Learning from different people and culture around the world broadens your perspective.”

As Black History Month highlights the achievements of Black professionals across industries, Kitan’s story stands as a testament to perseverance and the pursuit of excellence.

"I want my children to see that there is no glass ceiling they can’t break through. Too often in our community, we believe there’s a limit to how far we can go. But the more we show up, the more we achieve, the more we inspire others to believe in what’s possible," he says passionately.

Through his work, Kitan is proving that success is not just about personal gain, it’s about lifting others along the way.

"When you shine your light, you give others permission to shine theirs," he says. And in doing so, he is illuminating a path for generations to come.