A NEW GROUP head of internal audit has been appointed at HSBC.
Manveen Pam Kaur joins as group head of internal audit and a group managing director, reporting to chief executive Stuart Gulliver and its risk and audit committees.
Joining from Deutsche Bank, she began her career at Ernst & Young in 1986, and then held senior audit, compliance and risk roles at Citigroup, Lloyds TSB and the Royal Bank of Scotland.
Kaur succeeds Paul Lawrence, who is retiring from HSBC after 31 years of service.
Gulliver said: "I would like to thank Paul for his dedicated service to HSBC over many years, including as CEO in the Philippines, Singapore and the United States, and most recently in overseeing the restructuring of internal audit as a global function.
"Pam brings enormous experience of audit, risk management, finance and compliance from other global financial institutions. We are delighted to welcome her to the group."
You may also like
If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.
In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.