The Institute of Internal Auditors (IIA) Nigeria, led by Uduak Udoh,
its Chairman/President and Chief Audit Executive, First Bank of Nigeria
Limited joined other Chief Audit Executives and Internal Audit
practitioners and professional across Africa at the 6th Annual
Conference of the African Federation of Institutes of Internal Auditors
(AFIIA) organised in Gaborone, Botswana. The event was held from 27-31
May 2019 at the Gaborone International Convention Centre.

The event themed “The Future of Internal Audit is Now. Assure. Advise.
Anticipate” was convened to promote and reinforce the role of Internal
Audit as a fundamentally proactive field, through its assurance and
advisory roles with a view to helping management intervene before risks
materialise.

According to Uduak Udoh, the Chairman/President, Institute of Internal
Auditors (Nigeria) and Chief Audit Executive, First Bank of Nigeria
Limited; “In today’s global age, fast driven by the momentous
technological advancement, internal auditors while providing
compliance-related assurance over cyber risks, should also apply new
mind-sets and methods – aided by technological approaches – to audit
cyber risks.”

Femi Osinubi and Kikelomo Asuelime, both Board members of Institute of Internal Auditors (IIA) Nigeria; Richard Chambers, President & Chairman, IIA Global; Uduak N. Udoh, President & Chairman, IIA Nigeria and Chief Audit Executive, FirstBank; Humphrey Okorie, CEO, IIA Nigeria at the 6th African Federation of Institutes of Internal Auditors (AFIIA) Conference, held on May 29-30, 2019 in Gaborone, Botswana.
Femi Osinubi and Kikelomo Asuelime, both Board members of Institute of
Internal Auditors (IIA) Nigeria; Richard Chambers, President & Chairman,
IIA Global; Uduak N. Udoh, President & Chairman, IIA Nigeria and Chief
Audit Executive, FirstBank; Humphrey Okorie, CEO, IIA Nigeria at the 6th
African Federation of Institutes of Internal Auditors (AFIIA)
Conference, held on May 29-30, 2019 in Gaborone, Botswana.

“Internal audit should develop sound understanding of upcoming events
e.g. block chain, dynamic hedging, instant payment processing etc, and
the position of regulators, in order to assist their organisations’
readiness”, he concluded.

Reinforcing Uduak’s position, Richard Chambers, CEO/President, Institute
of Internal Auditors (IIA) Global said; “The value of internal audit is
not in looking in the past, but rather the value in internal audit is
looking into the future”.

Firstbank Joins Other Internal Auditors Across Africa To Promote Risk Management Efficiency 1
Uduak N. Udoh, President & Chairman, IIA Nigeria and Chief Audit
Executive, FirstBank, delivering a speech at the 6th African Federation
of Institutes of Internal Auditors (AFIIA) Conference, held in Gaborone,
Botswana.

The event had 600 participants from across Africa and the world;
notably Margretmary Mushango, President of the Institute of Internal
Auditors Botswana (IIAB); ERIC YANKAH, PRESIDENT, AFRICA FEDERATION OF
INSTITUTES OF INTERNAL AUDITORS; Femi Osinubi and Kikelomo Asuelime,
both Board members of Institute of Internal Auditors (IIA) Nigeria and
Humphrey Okorie, CEO, IIA Nigeria amongst others

ABOUT FIRSTBANK

First Bank of Nigeria Limited (FirstBank) is the premier Bank in West
Africa and the leading banking services solutions provider in Nigeria
for 125 years. With some 15 million customer accounts, FirstBank
provides a comprehensive range of retail and corporate financial
services with over 750 business locations. The Bank has international
presence through its subsidiaries, FBN Bank (UK) Limited in London and
Paris, FBNBank in the Republic of Congo, Ghana, The Gambia, Guinea,
Sierra-Leone and Senegal, as well as a Representative Office in Beijing.

Since its establishment in 1894, FirstBank has consistently built
relationships with customers focusing on the fundamentals of good
corporate governance, strong liquidity, optimized risk management and
leadership. Over the years, the Bank has led the financing of private
investment in infrastructure development in the Nigerian economy by
playing key roles in the Federal Government’s privatization and
commercialization schemes. With its global reach, FirstBank provides
prospective investors wishing to explore the vast business opportunities
that are available in Nigeria, an internationally competitive
world-class brand and a credible financial partner.

FirstBank has been named “Most Valuable Bank Brand in Nigeria” six times
in a row (2011 – 2016) by the globally renowned “The Banker Magazine” of
the Financial Times Group; “Best Retail Bank in Nigeria” for seven
consecutive years (2011 – 2017) by the Asian Banker International
Excellence in Retail Financial Services Awards and “Best Bank in
Nigeria” by Global Finance for 15 years. Our brand purpose is to always
put customers, partners and stakeholders at the heart of our business,
even as we standardize customer experience and excellence in financial
solutions across sub-Saharan Africa, in consonance with our brand vision
“To be the partner of first choice in building your future”. Our brand
promise is to always deliver the ultimate “gold standard” of value and
excellence. This commitment is anchored on our inherent values of
passion, partnership and people, to position You First in every respect.

Join The Exquisite VIPs
We Want To Send You Free Copies Of Exquisite Magazine Digital FREE For 3 Months

Sign Up to our Exclusive VIP list and have it delivered to your inbox for FREE

Invalid email address
(We promise you won't receive daily spammy sales from us)

LEAVE A REPLY

Please enter your comment!
Please enter your name here