Burgan Bank hosts Group Internal Audit Meeting

Press release

Published March 18th, 2013 - 09:28 GMT

Mr. Amr El Kasaby, Burgan Bank’s Group Chief Internal Auditor

Burgan Bank recently held the first Group Internal Audit Meeting in 2013 under the leadership of Burgan Bank’s Group Chief Internal Auditor, Mr. Amr El Kasaby. Taking place in Amman, Jordan on February 20^th and 21^st, 2013, the meeting was attended by the internal audit function leaders of Burgan Bank Group’s five subsidiaries.

“It is important for our Group banks to meet so that we ensure we are all aligned on critical matters, keep up to date on latest IIA standards and the best practices in our industry” said Mr. El Kasaby.

During the meeting, Mr. El Kasaby shared important changes of the IIA standards, Burgan Bank’s practical experience of Fraud Risk Assessment, the Central Bank of Kuwait’s recent requirements in respect to Corporate Governance.

He added, “Burgan Bank maintains the highest standards of efficiency and transparency, and we strive to deliver excellence in all that we do.”

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.