The Head of the Internal Audit department is usually
referred to as the Chief Audit Executives (CAE). It seems this is a
generally accepted title and is being used worldwide. But, do you think that it
undermines the position compared to the other “C” suite positions? For example, we don’t call the top financial person Chief Financial Executive ( CFE), we
call him/her Chief Financial Officer ( CFO). The same applies to other
executive positions such as CEO, CIO
, CRO...
If we really want a seat at the table, shall we start by
having the right title!! Why not start by changing CAE to CAO (Chief Audit Officer).
I am interested in your views and I hope that it goes beyond
“ this is a formality “ and “ substance over form” cliche!
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