Reimagining Internal Auditing through Agile Auditing, Data Analytics and Transformational Leadership by Mr. Derrick Goh
The digital economy has brought changes and transformed businesses. The question for the internal audit function is how it should adapt and respond to the changing digital landscape in its mission to enhance and protect organisational value. At DBS Group Audit, it means leveraging on the uses of technology and data, as well as embracing new mindset.
This presentation showcases DBS Group Audit’s journey in reimaging internal audit through agile auditing, data analytics and transformational leadership. A technological driver in this digital endeavour is the development and implementation of digital platforms to connect Group Audit with its stakeholders in the audit eco-system. The presentation includes the sharing and demonstration of two audit tools used in DBS Group Audit.
Digital transformation has a pervasive impact on the internal audit function and thus necessitates an “In Conversation” for internal audit leaders to share their thoughts and views on their digitalisation journey.
Joining Mr. Derrick Goh in the “In Conversation” are Mr. Marcus Ng, APAC Chief Auditor, Citi, and Ms. Sepalika Kulasekera, General Manager, Group Internal Audit, Keppel Corporation with SMU Prof. Foo See Liang as the moderator.
This will be followed by a Q&A session to allow participants to engage the audit leaders to exchange and share their views.
Managing Director and Group Head of Audit
Derrick Goh Soon Hee is the Managing Director and Group Head of Audit at DBS Bank where he is responsible for providing independent oversight on the bank’s controls, risks and governance.
Previously, Derrick was the Regional Head of Treasures and Treasures Private Client Wealth management business and before that, he led POSB and was DBS’s Head of Consumer Distribution business where he helped deepen its community outreach. His other roles at DBS include Regional COO and CFO, Institutional Banking Group and as well as Head of Finance, Group Planning and Analytics.
Derrick has 30 years of experience in finance and banking. Before DBS, he spent 11 years at American Express in senior Finance roles based in Paris, London and New York before returning to Singapore. He currently serves as an elected Member of Parliament and a member of the Government’s Parliamentary Committee for Finance, Trade & Industry, Law and Home Affairs and the Public Accounts Committee. He also serves on the Boards of GovTech Singapore and PAP Community Foundation.
Derrick studied at Nanyang Technological University where he graduated with Bachelor of Accountancy (Honours) and Master of Social Science (Applied Economics) from the National University of Singapore. He also received an Amex scholarship where he graduated with Master of Business Administration (with Honors) from The Wharton School, University of Pennsylvania.
He is married with a daughter and two sons.
APAC Chief Auditor
Marcus has over 20 years of experience in financial services, including strategic leadership roles in a global IA function and business management experience within the first line of defense. Most of his career has been focused on assurance activities related to Institutional and Wholesale Banking such as Corporate and Investment Banking, Global Markets and Wealth Management.
He is currently the APAC Chief Auditor for Citi. Prior to joining Citi in 2021, Marcus was with Barclays and held roles in first and third lines of defences including Front Office COO and Business Management activities such as business strategic initiatives, risk and control implementation, APAC Chief Auditor and Audit Portfolio Manager for different businesses and infrastructure areas across the region.
Marcus graduated with a Accountancy degree from Singapore and attained his Chartered Accountant with KPMG. He is a Chartered Financial Analyst and a member of the Association of Certified Anti-Money Laundering Specialists. He also completed the Asian Financial Leadership Program endorsed by the Monetary Authority of Singapore in 2018 and attained Python Machine Learning certification through the Singapore Management University academy in 2020.
General Manager, Group Internal Audit
Keppel Corporation Limited
Sepalika Kulasekera is the General Manager of Group Internal Audit at Keppel Corporation Limited. She joined Keppel in October 2015, and assumed her current role in January 2016. Sepalika is a Fellow Member of the Institute of Chartered Accountants of Sri Lanka and a Fellow of the Chartered Institute of Management Accountants (UK). Prior to joining Keppel, Sepalika was the Director of Global Audit Services at GlobalFoundries Inc. She has over 20 years of experience in internal audit, risk management, internal controls and compliance, having spent over 9 years with PricewaterhouseCoopers in Thailand and Singapore.
Event Format: In-person
Venue: Ngee Ann Kongsi Auditorium, Singapore Management University
As food will be provided at the event, participants must be fully vaccinated in order to attend the event*. Please prepare TraceTogether for verification upon registration at Ngee Ann Kongsi Auditorium, Singapore Management University.
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- within the 180-day exemption period after recovery from COVID-19.
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