KUALA LUMPUR (Jan 12): The Asian Institute of Chartered Bankers (AICB) has today launched the new Certification for Bank Auditors (CBA) to enhance competencies for internal bank auditors with an emphasis on IT auditing, as cyber attacks are one of the top risks within banks today.
“The launching of this CBA is very necessary to raise the standards of financial audit in the financial system,” AICB chairman Tan Sri Azman Hashim told reporters after the launch.
Furthermore, Azman highlighted auditors with this new qualification will be in demand as there is a need to ensure auditors are up to the current standards, while the industry moves forward into the banking 4.0 environment.
He said bank professionals who hold either a degree, diploma or certificate with three years of audit experience can apply for the CBA qualification.
An accelerated route is also available for those with Certified Internal Auditor (CIA) or Professional accounting qualifications which are recognised by the Malaysian Institute of Accountants (MIA) with three years banking audit experience, Azman added.
“As we operate in a global marketplace which is highly interconnected, we see this clear need for…