SESRIC organised, in collaboration with the Centre for Islamic Banking, Finance and Management (CIBFM) of Monetary Authority of Brunei Darussalam (AMBD), and the Association of National Development Finance Institutions in Member Countries of the Islamic Development Bank (ADFIMI) the training workshop on “Corporate Governance and Internal Audit” in Brunei Darussalam on 11-13 October 2016.

The training workshop was facilitated by Ms. Esin Bahadır Uluırmak, Chief Auditor in Audit Department, and Ms. Eso Yalcindag, Auditor in the said department at Central Bank of the Republic of Turkey.

22 officials from central banks and monetary authorities as well as development finance institutions involved in internal auditing and corporate governance have participated in the programme representing 11 institutions from five OIC Member Countries namely; Brunei Darussalam, Malaysia, Pakistan, Saudi Arabia and Sudan.

The training workshop focused on the following:

• Adopt the appropriate mechanism for effective governance
• Value the shareholder and stakeholder rights and responsibilities
• Adhere to sound principles of direction and management
• Understand the significance of audit committee, its composition and responsibilities
• Implement best practices on corporate management

For other activities of the OIC Capacity Building Programme for Central Banks (OIC CB-CaB), please visit: http://www.oicvet.org/cbp-centralbanks.php

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