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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