The Internal Audit unit (IA) helps the Bank accomplish its objectives by evaluating and improving the effectiveness of risk management, control, and governance systems and processes. IA aims to promote effective controls at reasonable cost.
To ensure independence, the Head of IA reports to the General Manager and the Deputy General Manager and to the Audit Committee. To maintain objectivity, IA does not have operational responsibility for or authority over any of the activities audited. Every activity and entity of the Bank, including outsourced activities, falls within the overall scope of IA. See the Internal Audit Charter for more information.