Consulting holds CAE roundtable sessions
SGV Consulting held a series of virtual roundtable sessions titled Maintaining Trust through COVID-19 for selected Chief Audit Executives (CAEs) and Internal Audit (IA) heads. During each session, SGV and CAE participants shared insights on topics related to how organizations and their IA departments have responded to the pandemic across three dimensions: Now: Managing the Crisis, Next: Restarting the Business, and Beyond: Building Resilience for the Next Crisis.
SGV Chief Risk Officer, Consulting Markets Leader, and EY ASEAN Regional Risk Management Leader Leonardo J. Matignas Jr. (LJM) and EY ASEAN Risk Competency Leader and SGV Consulting Partner Christiane Say-Mendoza discussed the challenges that organizations are facing due to the pandemic, their responses, and the areas of focus during crisis management. LJM mentioned how some CAEs reached out to him for leading practices and business playbooks to address the situation. The speakers also shared insights on how IA professionals and their organizations are responding to the challenges of working under the new normal, a time when community quarantines are imposed, and operations are disrupted.
Speakers at the CAE roundtable session and the Consulting organizing team
SGV Business Consulting Leader Ryan Chua discussed how organizations are managing their operations with the gradual lifting of community quarantine measures. He also provided insights on the expected challenges and potential new areas of focus that organizations may consider as they restart their businesses and the ongoing and planned initiatives of IA to address emerging risks.
EY ASEAN Consulting Quality Leader and SGV Consulting Partner Ian Canlas discussed building resilience for the next crisis. He talked about the future of IA operations after the COVID-19 disruption, how companies are coping with the new normal and maximizing the use of technology.
The participants were also given the chance to share their own experiences and ask questions throughout the session. Over 30 CAEs from local and international companies participated in the roundtable sessions, including members from the banking, power and utilities, insurance, and manufacturing industries, among others.
