CRE: Choosing correct corporate governance model 'crucial' for Europe, warns ECIIA

01 November 2012

Recently-elected president of the European Confederation of Institutes of Internal Auditing (ECIIA), Marie-Hélène Laimay, has warned that Europe must choose the correct corporate governance model to ensure its future economic success.

Ms Laimay, who was elected president at ECIIA's annual conference in Amsterdam on September 16, said that corporate governance is in a stage of transition across Europe. Deciding on a correct model is 'crucial', she said.

On her plans for ECIIA and the role that internal audit should play in corporate governance Ms Laimay said: "I'm determined to continue the excellent advocacy work we have done to ensure that internal audit is properly represented in European law and in its codes of corporate governance".

Internal audit is now well recognised as providing the third line of defence among leading regulators, listed companies and public sector organisations, she noted.

Ms Laimay said that under her presidency, ECIIA would continue to build relationships with key European institutions interested in corporate governance, support the work of its parent organisation, Global IIA, and communicate its message to stakeholders.

As well as her role with ECIIA, Ms Laimay is a member of the board of IFACI (Institut Français de l'Audit et du Contrôle Internes) and Senior Vice President Audit and Internal Control Assessment at the global healthcare company Sanofi.

Press release


© Commercial Risk Europe