The main purpose of the Internal Audit department is to provide assurance to the Board of Directors, Executive Management and other key stakeholders on the effectiveness of NFC Bank’s governance, risk management and internal control processes. The department ensures that the governance and risk management systems are working, and that the necessary internal control systems or measures are in place to mitigate the risks that the bank is facing.
Watch the video and you will have a better understanding of the internal audit role in NFC Bank.
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