Nume Ekeghe
In a bid to bolster cybersecurity measures within the banking sector, the Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN), has urged banks to establish an assurance community comprising Information Security, Internal Audit, Internal Control/Systems Control, Compliance, and Risk Management departments.
This recommendation was made during ACAEBIN’s Annual General Meeting and Retreat held in Abuja, as detailed in the communique issued at the conclusion of the event.
Themed, “The Role of the Internal Auditor in Promoting Stability in the Financial Services Sector and National Economic Growth,” the week-long retreat saw a gathering of industry stakeholders keen on addressing challenges and exploring opportunities within the banking sector.
Notable discussions included the implications for the economy and the Central Bank of Nigeria (CBN) efforts to stimulate economic growth in line with the mandate of President Bola Ahmed Tinubu’s administration’s economic objectives.
Chairman of ACAEBIN, Prince Akamadu, highlighted the timeliness of the conference theme amidst the economic challenges facing Nigeria. He emphasized the pivotal role…
