Internal Audit
Our role is to help the Court of Directors and Executive Team to protect the Bank’s reputation and financial assets. We do this by independently evaluating the effectiveness of the Bank’s internal controls, risk management and governance processes. Where appropriate, we also recommend cost-effective improvements which we negotiate with management and track until implementation.
The Head of Internal Audit reports to the Governor and to the Chair of the Audit Committee, which is composed of non-executive members of Court. Its role involves reviewing internal financial controls and the work of internal and external audit.
Internal Audit operates within the terms of reference set out in our Audit Charter, and within the Code of Ethics and International Standards set out by the Institute of Internal Auditors.