CDH Investment Bank sponsors K5 million towards Institute of Internal Auditors governance forum and annual conference

* To held under the theme; ‘The Currency of Trust: Governance as Strategy, Assurance as Proof’

* Which speaks to Malawi’s ambition to build a more resilient economy through industrialisation

* An objective that requires close collaboration among government, the private sector and financial institutions

By Duncan Mlanjira

CDH Investment Bank has sponsored K5 million to the Institute of Internal Auditors Malawi (IIA Malawi) in support of the Institute’s annual conference, which is underway from today till Thursday (September 7-10 through its governance forum to be followed by the main summit till Sunday September 13.

To be held at Sunbird Nkopola Lodge in Mangochi, the conference will be celebrated under the theme; ‘The Currency of Trust: Governance as Strategy, Assurance as Proof’ — which speaks to Malawi’s ambition to build a more resilient economy through industrialisation.

CDH Investment Bank believes this  objective that requires close collaboration among government, the private sector and financial institutions — thus is support towards the conference.

Presenting the cheque, CDH Investment Bank Chief Internal Auditor, Christopher Ngwira said the sponsorship reflected the bank’s appreciation of IIA Malawi’s contribution to stronger governance across the economy.

“Well-governed institutions are better placed to support national development,” said Ngwira, who added with emphasis that “the audit profession has a critical role in strengthening integrity and resilience”.

“By providing independent assurance on governance, risk management and internal controls, auditors help organisations prevent fraud, meet evolving regulatory requirements and safeguard resources.

“As Malawi expands financial inclusion and digital banking, he added, robust internal audit functions remain essential to trustworthy service delivery, prudent risk management and sustainable growth.”

In his vote of thanks, IIA Malawi’s Chief Executive Officer, Albert Dambula, emphasised that “organisations across sectors have a responsibility to strengthen governance frameworks that can mobilise investment, support business growth, deepen financial inclusion and finance industries capable of driving economic expansion”.

“In a rapidly changing operating environment, institutions must continue to innovate and adapt, drawing lessons from platforms such as the conference.”

He assured of IIA Malawi’s commitment to its continued collaboration with CDH Investment Bank and other stakeholders in advancing stronger governance systems in support of national development.