Bank auditors pledge commitment to promoting competence, professionalism

The Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN) has reaffirmed its commitment to promoting professionalism of audit practice and ethical standards among its members.

ACAEBIN is a sub-committee of the bankers’ committee of the Central Bank of Nigeria (CBN).

Mogbitse Atsagbede, vice chairman of ACAEBIN and the sub-committee chairman on emerging issues, disclosed this in a capacity training on Thursday in Lagos.

According to Atsagbede, capacity development is at the core of the association’s mandate.

“We are committed to promoting competence and professionalism in the industry,” he said.

“Our trainings and capacity developments programmes are usually free and we do not compromise on quality.

“We have committed to organizing at least two trainings for Internal Auditors and one for the CAEs (its members) every year.”

On his part, Prince Akamadu, chairman of the association, said the association is committed to improving the quality of internal audit reports that will surpass the expectations of stakeholders.

“One of the Association’s core objectives is to develop the capacity of the Internal Audit Function to meet global standards and help Auditors to deliver more effectively and efficiently,” he said.

“Over the years, ACAEBIN has been passionate about developing the skill set of Chief Audit Executives (CAEs) and the Internal Auditors.

“This is one of the many ways the Association is adding value to the industry.”

Akamadu therefore enjoined the trainees to make the best use of the opportunity provided by the exercise.