Burgan Bank hosts Second Internal Audit Conference for Kuwait’s Banking Industry

Press release
Published October 21st, 2015 - 10:14 GMT

Al Bawaba
Al Bawaba

In an effort to present the latest trends in the internal audit field, Burgan Bank recently hosted the ‘Second Internal Audit Conference for Banking Industry in Kuwait’, which was held on 19th October 2015 at the Sheraton Kuwait Hotel. The conference was attended by the Chief Internal Auditors from local and foreign banks and involved keynote speeches and discussions around the recent trends and emerging topics of internal audit.  

The event gathered a number of experts and representatives from international audit firms, namely; Protivity, Ernst & Young, KPMG, PWC and Deloitte, who took part in the discussion panels by presenting their perspective on the emerging internal audit trends and best practices.   

Mr. Amr El Kasaby, Burgan Bank’s Group Chief Internal Auditor said: “We are pleased to have hosted the Internal Audit Conference in Kuwait for the second time. Our commitment in playing a leading role in similar conferences emerges from our core belief that the internal audit function plays an important role in delivering success to all financial institutions and organizations alike.”

In April 2013, Burgan Bank hosted the First Internal Audit Conference, inviting prominent financial experts, internal audit representatives from local and foreign banks as well as international audit firms to share their insights and address the recent changes in the internal audit divisions. Burgan Bank continues to demonstrate its leadership and its relation to best practice methods across its wide operations, with an aim of ensuring consistent high quality delivery of banking solutions in the region. 

Background Information

Burgan Bank

Established in 1977, Burgan Bank is the youngest conventional Bank and second largest by assets in Kuwait, with a significant focus on the corporate and financial institutions sectors, as well as having a growing retail, and private bank customer base. Burgan Bank has majority owned subsidiaries in the MENAT region supported by one of the largest regional branch networks. which include Gulf Bank Algeria - AGB (Algeria), Bank of Baghdad - BOB (Iraq & Lebanon),Tunis International Bank – TIB (Tunisia), and fully owned Burgan Bank – Turkey, (collectively known as the “Burgan Bank Group”). Furthermore, Burgan Bank has a present in the UAE through its corporate office (“Burgan Financial Services Limited) which had helped the bank to participate in multiple financing opportunities in the UAE.

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