internal auditing

“In Many Companies, Audit Is Still Very Reactive; It’s Often The Last To Know What’s Going On”

Pablo Pardo| The Inter-American Development Bank Group (IDB) comprises 48 countries, has four official languages, and is the largest provider of development aid in the region. Its annual loan portfolio was around $15 Bn (more than €12 Bn) before the outbreak of Covid-19, which has boosted the institution’s activity due to the ravages of the pandemic in Latin America and the Caribbean. The Canadian-Brazilian Jorge da Silva has been the IDB’s Executive Auditor for eight years, where he heads a unit of 30 people dedicated to internal auditing.