… Re-elects Akamadu as chairman
The Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN) has re-elected Prince Akamadu as chairman and emphasized the need for synergy among various departments within banks.
They advocate for the establishment of an assurance community comprising information security, internal audit, internal control/systems control, compliance, and risk management departments. This collaboration aims to facilitate regular sharing of insights and monitoring of cybersecurity-related initiatives.
Read also: ACAEBIN trains internal auditors on report writing, communications
This recommendation was highlighted in the communiqué issued at the conclusion of ACAEBIN’s annual general meeting and retreat held in Abuja. Themed “The Role of the Internal Auditor in Promoting Stability in the Financial Services Sector and National Economic Growth,” the week-long event brought together members and stakeholders from the banking industry.
Discussions centred on the challenges and opportunities facing the sector and the broader economy, as well as the Central Bank of Nigeria’s efforts to stimulate economic…
