The Bank of Namibia announced that it hosted an Internal Audit Awareness Day engagement bringing together policymakers, governance practitioners, auditors and public sector leaders. The event focused on the evolving role of internal audit in strengthening governance, accountability and institutional resilience. In opening remarks, Deputy Governor Nicholas Mukasa described internal audit as an independent assurance function that supports governance, effective risk management and accountability across institutions. Held under the theme of redefining internal audit’s strategic value, the engagement examined how the profession is moving beyond a traditional compliance-focused role toward a broader contribution to organizational performance, sustainability and long-term value creation.
Bank of Namibia2026-06-10
Bank of Namibia hosts Internal Audit Awareness Day on internal audit’s evolving strategic role
The Bank of Namibia said it hosted an Internal Audit Awareness Day engagement on the role of internal audit in governance, accountability and institutional resilience. The discussion centered on internal audit’s shift from a compliance-focused function to a more strategic role supporting risk management, performance and long-term value creation.