ASEAN Corporate Governance Scorecard

Level 1 PRIMARY CGS SECTIONS
E.3.18

Does the appointment and removal of the internal auditor require the approval of the Audit Committee?

Response

YES. The Audit Committee has the power to recommend the appointment and removal of the internal auditor in accordance with the Audit Committee Charter.

 

Reference:

1. Audit Committee Charter, Duties and Responsibilities, Item d, Page 2

Office of the Chief Compliance Officer
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