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Audit executives urged to rebuild trust in banking industry

ACAEBIN is the umbrella body for bank audit executives, a sub-committee of the Bankers’ Committee of the Central Bank of Nigeria.

“Trust is the foundation of our industry, and as Chief Audit Executives, it is our duty to uphold transparency and accountability. We must ensure that risks are effectively managed and that the highest standards of corporate governance are maintained,” Akamadu said.

He urged auditors to rise to the challenge posed by the Central Bank of Nigeria’s recent directive for banks to raise their capital base.

“Internal auditors must remain proactive in ensuring compliance and in securing the public’s trust in our institutions,” he added.

The event, themed ‘Building and Sustaining Trust in the Nigerian Banking Industry: The Role of Internal Audit’, brought together stakeholders from the CBN, the Nigeria Deposit Insurance Corporation, law enforcement agencies, and banking professionals.

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