|8:00 a.m. – 9:40 a.m.
GS 3: The Big Shift: Reading the Signals of Geopolitical Risks and Opportunities
Dr. Philippa Malmgren
She predicted the financial crisis, the slowdown in China, Trump, Brexit, the return of inflation and the rise of geopolitics. Now she'll tell us what comes next: Grexit, China's One Belt One Road, Russia's Arc of Steel, North Korea's missiles, and innovation on a scale that is hard to imagine. Pippa Malmgren, one of the world’s leading economic commentators on politics, economics, and geopolitics will share her views and insights on the tell-tale signs that signal where the world economy is going next.
In this session, participants will:
Learn to make sense of the big picture of the (potential) new world order.
Understand what immediate and future risks organisations may face in today’s dynamic global marketplace.
Discuss winners and losers — who will be in business and who may be out of business.
Explore how to prepare for and keep up with the impact of geopolitics and innovation.
Dr. Pippa Malmgren specializes in explaining the economic drivers behind geopolitics. She is the author of
Geopolitics for Investors, and crowdfunded her 2015 book,
Signals: the Breakdown of the Social Contract and the Rise of Geopolitics, an Amazon best-seller. Dr. Malmgren participates in the British Ministry of Defence working group on global strategic trends and has written on the geopolitical stress between the U.S./NATO and both Russia and China. Through DRPM Group, she advises institutional investors worldwide about the risks not easily quantifed: politics, policy, and geopolitics. She served in the White House and on the National Economic Council as the President’s advisor on financial markets. Dr. Malmgren worked on Enron and then, after Sept. 11, 2001, she also dealt with terrorism risks to the economy on the NEC. She was the deputy head of strategy for UBS and the chief currency strategist for Bankers Trust, where she ran their asset management business in Asia. Prior to that Dr. Malmgren worked at the OECD in Paris and for the Trade Policy Research Centre in London. She has run her own consulting practice since 1999, outside her time in government. Dr. Malmgren serves on advisory boards at MIT and is part of the Manufacturing Initiative and the Advisory Board at Indiana University, and serves on the Management Committee at the Ditchley Foundation. She is also part of the Maker Movement and owns a robotics company. Dr. Malmgren is a guest anchor for CNBC, Bloomberg, and the BBC (radio and TV). She was named a Global Leader for Tomorrow by the World Economic Forum twice, served on the board of the Aspen Institute in France and was a Young Leader of the French American Foundation, and won the Intelligence Squared Debate on Robotics alongside Walter Isaacson in 2015. Dr. Malmgren has written for
The International Economy, Economia, Monocle, Wired Magazine, Institutional Investor, and other publications. She is a popular lecturer speaker worldwide, receiving glowing reviews from broadcasters and publishers alike.
Special Interest Discussion Forum 1: Women in Audit
Jenitha John, CIA, QIAL
Chief Audit Executive
Jenitha John has held various financial and audit related roles at inter alia, Discovery Holdings Ltd, Telkom SA (Ltd), Eskom, Toyota SA, and RMBT Property Services (Marriott Group) prior to joining the FirstRand Group. She has served on many boards of both public and private sector entities, and is currently the lead independent non-executive director and the chairman of the audit committee of Tongaat Hulett, an agri-processing (sugar and starch) land management business. John is also a trustee on the FNB Pension Fund and serves on the organisation’s audit committee. She has served in volunteer leadership roles with The IIA, including the Committee of Research and Education Advisors and the Professional Practices Re-look Task Force, and currently serves on the Financial Services Guidance Committee. In 2014, John was recognized as “South Africa’s Internal Auditor of the Year.”
Special Interest Discussion Forum 2: Small Audit Shops
Sally-Anne Pitt, CIA, CGAP
Sally-Anne Pitt established her firm in 2003, specialising in complex performance auditing, audit planning, and assurance mapping and is recognised globally as an expert in internal audit quality. She has performed external quality assessments (EQAs) in more than 60 major public and private sector organisations. Pitt also works with small audit functions, providing technical support, resourcing, and advice. Prior to starting her firm, she had had a successful career as a senior executive within government, as well as working in internal audit and risk management in both the public and private sectors. Pitt is the chair of The IIA's Professional Responsibility and Ethics Committee and has presented on internal audit around the world. She has written or contributed as an author to several IIA guidance publications and wrote
Internal Audit Quality: Developing a Quality Assurance and Improvement Program, published in 2014.
Special Interest Discussion Forum 3: Ins and Outs of Internal Audit Quality
Andrew Cox, CIA, CGAP
Quality Services, IIA Australia
Andrew Cox is a corporate governance professional with extensive global experience in governance, audit, and risk management, having worked in nearly 20 countries. He has managed internal audit functions including senior executive roles as national manager of internal audit at Centrelink and director of risk management services for the Northern Territory Government. Cox previously worked with the federal government of the United Arab Emirates on a major capacity building project to develop external audit, implement performance audit, and implement fraud control programs. He is considered a subject matter expert of internal audit quality assessment and has performed nearly 150 quality assessments in corporate and public sector organisations in Australia, Qatar, Saudi Arabia, and the United Arab Emirates. Cox has taught internal auditing and made presentations on internal auditing and risk management internationally. He recently authored
Internal Audit in Australia for IIA–Australia. Cox serves as an independent member of several audit committees.
Special Interest Discussion Forum 4: Addressing Technology in Audit
Chairman & Chief Executive Officer
Focus Strategic Group Inc. & Governor
IIA Hong Kong
Frank Yam started his career in international auditing and information security in 1984. In his current role, he focuses on providing business and technology advisory services, with a concentration on IT auditing, Sarbanes-Oxley Act compliance, internal auditing, risk management, and cybersecurity. He held management positions at KPMG and several multinational corporations, including leading international financial institutions. Yam has been an adjunct professor and part-time lecturer for universities in four countries plus Hong Kong, and frequently contributes articles to professional journals. He is a popular speaker of a variety of topics at industry events for professional organisations Including The IIA, ISACA, and ACFE, and government agencies, including the INTERPOL and the Asian Development Bank. In recent years, Yam has focused on promoting the awareness and best practices of corporate governance, IT governance, risk management and controls, fraud, as well as the COSO and COBIT frameworks, in the Asia Pacific Region. He has served in high-ranking leadership roles for organisations including ISACA, ACIIA, and ACFE, at the local and national levels. Yam has received numerous awards for his contributions to the profession, including the International Best Speaker Award by ISACA International.
Special Interest Discussion Forum 5: Health Sector
Corporate Vice President, Audit and Chief Compliance Officer
Baptist Health South Florida
Karen Brady has been with Baptist Health for more than 20 years, and has implemented a robust, world-class, and award winning compliance and internal audit program. Under her leadership, Baptist Health has been recognized by the Ethisphere Institute as one on the World’s Most Ethical Companies for the past six years. Brady began her career with Ernst & Young, serving in various executive positions within the hospitality industry, including controller and CAE. She has served as a volunteer leader of The IIA as a member of both the North American and Global Boards. Brady is past president of the Florida Health Care Compliance Association and serves as the chair of the Finance Committee on the Board of Riverside House, a charitable organisation.
Special Interest Discussion Forum 6: Getting the Most From the Revised COSO ERM and ISO 31000
Doug Anderson, CIA, CRMA
Managing Director, CAE Solutions
Doug Anderson joined The IIA in 2016 after serving as an assistant professor at Saginaw Valley State University. Until 2013 Anderson worked with The Dow Chemical Company for 22 years. His roles at Dow included 16 years in internal audit (9 years as CAE), a global finance director in corporate controllers supporting acquisitions, divestitures, and joint ventures, and the finance leader for the global Dow latex business. Previously he spent 10 years with PriceWaterhouseCoopers.
Special Interest Discussion Forum 7: Public Sector
Phillip Draber, CIA, CRMA, FCPA
Director, Risk & Assurance Services Centre, Edith Cowan University
Member, Public Sector Guidance Committee
Stephen Horne, CIA, CGAP, CRMA
Non-executive Director, Special Adviser, and Consultant
Phillip Draber has been with ECU since 2001. Prior that he was director of internal audit at Murdoch University, and manager of internal audit of the Treasury Department of Western Australia. Draber gained additional audit experience with the Building Management Authority and the Office of the Auditor General in Western Australia. He held the rank of lieutenant colonel in the Australian Army with a background in transport, movements, and logistics. Draber also held staff officer, teaching, and training roles and was involved with the implementation of risk management as the principal staff officer responsible for safety governance, risk management training, and the implementation of risk management within the Australian Army. He is a graduate of the Australian Institute of Company Directors, and has served as a member of the Audit & Risk Committee of the Southern Metropolitan Regional Council, the Fremantle City Council’s Audit & Risk Committee, and as a board member for the Returned and Services League (RSL) of Western Australia. Since 2015, Draber has been a member of The IIA’s Public Sector Guidance Committee.
Stephen Horne established himself in 2015 as a consultant and trainer in the fields of integrity services, compliance, and organisation performance improvement. For the previous decade, he held executive roles in Australia’s NSW public sector, as chief executive of the Internal Audit Bureau, a full-competition government trading enterprise with $16 million annual revenue, and assistant auditor-general in performance audit. Horne was a co-founder of the Corruption Prevention Network, and is the immediate past president of IIA–Australia and serves as global chair of The IIA’s Public Sector Guidance Committee.
Special Interest Discussion Forum 8: Financial Services
Nicola Rimmer, CIA, QIAL
General Manager, Audit Wealth
Nicola Rimmer has more than 15 years’ internal audit experience, predominantly in financial services. She started her career in the UK, working in banks, life insurance companies, and the UK Regulator. Rimmer is a member of The IIA’s Financial Services Guidance Committee and is leading a project to develop guidance on auditing risk culture. She is currently working with IIA-Australia on a project to provide guidance to boards on risk culture.
Special Interest Discussion Forum 9: Internal Audit Opinions
J. Michael Peppers, CIA, QIAL, CRMA
Chief Audit Executive
University of Texas System
Mike Peppers has enjoyed a 25-year career which began in public accounting and includes having serving as CAE at major health care and higher education institutions in Florida and Texas. He has held numerous leadership roles during his career and within the volunteer leadership of The IIA at the highest levels, currently serving on the executive committee of the Global Board of Directors and as its current senior vice chair.