KIB sponsors 2018 IIA Int’l Conference

KUWAIT: Kuwait International Bank (KIB) sponsored the 2018 Institute of Internal Auditors (IIA) International Conference under the theme ‘Connecting the World Through Innovation’. Held at the Dubai International Convention and Exhibition Centre (DICEC), the conference was held under the auspices of Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and witnessed an impressive turnout of over 3,000 internal audit professionals and experts.

On this occasion, General Internal Auditor at KIB, Mohamed Samir Abdel Ghany, said: “Our sponsorship of this conference stems from the strong belief and continued support of our Chairman, Sheikh Mohammed Jarrah Al-Sabah, and Dr Haider Hassan Al-Jumaa, Board Member and Chairman of the Audit Committee. For this reason, we continue to support the internal audit profession both locally and internationally, thereby staying up-to-date with the latest developments, international standards, and latest technology impacting the field. Our commitment to doing so also falls in line with the Central Bank of Kuwait’s goal of strengthening the role of internal audit in the local banking sector.”

Abdel Ghany also added that the conference featured over 70 key topics presented to internal audit professionals and experts, such as: corporate governance, corruption, fraud, latest developments in the ever-changing field of internal audit, as well as technological innovation and artificial intelligence changing the internal audit function.

On behalf of KIB, Abdul Ghany received a special tribute from the president and CEO of IIA, Richard Chambers. The Bank was honored in recognition of its continued support of this conference and its active participation in promoting the value of internal audit at all professional levels.