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Board of Trustees Structure

Board of Trustees Structure

Structure

  • President
  • Senior Vice President
  • 8 Trustees

Officers are elected by the members of the Internal Audit Foundation.

Desired Competencies for the Board of Trustees

  • Strategic thinking
  • Global perspective
  • Leadership capabilities
  • Business acumen
  • Fiduciary responsibility (e.g., put The IIA first)
  • Fluency in English
  • Excellent written and verbal communication skills

Qualifications

Trustees are usually chief audit executives or directors of internal auditing from diverse industries, senior governmental auditors, and professors in internal auditing.

Responsibilities

As the governing body for the Internal Audit Foundation, trustees establish research priorities and match available funding to research projects and programs. They also direct fundraising initiatives and coordinate marketing and promotion of Internal Audit Foundation products. Trustees meet at least twice annually.

Term

President and Senior Vice President serve one-year terms up to three terms. Trustees usually serve a three-year term and may be elected to a second term.

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