Financial Services Internal Audit Conference 2024
On 16 May 2024, IIA Singapore hosted the Financial Services Internal Audit Conference under the theme "Building Resilience in Disruptive Times". The event, which coincided with International Internal Audit Awareness Month, was attended by over 180 professionals primarily from the financial services sector, with a few attendees from the public sector eager to learn and engage.
A highlight of the conference was the screening of a video featuring insights from key industry leaders: Daniel Leung, Country Manager of ACCA Singapore; Jenny Tan, President of ISACA Singapore Chapter; Kang Wai Geat, ISCA's Divisional Director (Professional Standards); and Koh Chin Beng, Immediate Past President of IIA Singapore. They shared their thoughts on the value of internal audit, emphasising how a vibrant and agile internal audit function can be an indispensable resource supporting sound corporate governance.
In his welcome address, Koh Chin Beng underscored the importance of internal auditors in fortifying the resilience of the financial sector by proactively navigating and mitigating risks during disruptive times. He remarked, "In navigating these dynamic shifts, resilience emerges as a defining trait of our financial services sector and its professionals." The conference featured 18 speakers who delved into strategies for combating fraud, enhancing operational resilience, and strengthening defences against emerging threats, including AI governance. Their sessions provided attendees with valuable insights and practical approaches to tackling the complexities of the modern financial landscape.
The event also offered networking opportunities, allowing professionals to connect, share insights, and foster collaboration. Notably, four Immediate Past Presidents of IIA Singapore – Koh Chin Beng, Uantchern Loh, Tan Boon Yen, and Tan Peck Leng - were present and took the opportunity to catch up and exchange ideas.
Wrapping up on a positive tone, the event featured a lucky draw, where attendees shared their passion for internal audit. One lucky attendee won a free conference pass to the upcoming IIA Singapore Annual Conference on 24 October 2024.
We extend our heartfelt gratitude to our sponsors – DBS, Kerry Consulting, OCBC, and UOB – for their generous support, which was instrumental in making this conference a resounding success.
As we reflect on International Internal Audit Awareness Month, let us remember the vital contributions of internal auditors in maintaining the integrity and resilience of our financial institutions.
