Abu Dhabi, 24th May 2024 – e& received the prestigious ‘Leading Practices in Internal Audit’ Award from the UAE Internal Auditors Association (UAE IAA) at THE Audit Summit celebrating excellence in implementing advanced practices and standards across the audit lifecycle, resulting in significant efficiencies and improved business outcomes for organisations embracing agile practices.
The global technology and investment group secured top honours in two categories: Governance, Risk, and Controls and IT
Mohamed Dukandar, Group Chief Risk and Audit Officer, e&, said: “As a leading tech group, innovation is ingrained in our DNA. These awards affirm our commitment to good governance and comprehensive assurance and highlight the vital role our Internal Audit team plays in going beyond global best practises. Being recognised by the UAE IAA places us among the top performers in the field, and our stakeholders can take pride in knowing that our internal audit processes directly contribute to the organisation's success. Our goal is for e& is to exceed industry standards and set the standard for internal auditing practises, regionally and globally.”
The Governance, Risk and Controls award highlights e&’s commitment to innovation and pursuit of excellence through its digital transformation journey. By embracing cutting-edge technology, data analytics, and automation, e& has elevated the stakeholder experience and strengthened governance, risk, and control processes.
The IT award recognises e&’s ‘AI Assurance Model’, featuring key AI risk domains, controls, and assurance evaluation methodologies. This internally developed model reflects e&’s commitment to robust AI governance, innovation, and industry best practices, facilitating more efficient audits that deliver more value while managing risks and mitigating fraud.
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Source: e& Press Release