|Clive W. Blackwood (bio)
General Auditor and
Executive Vice President
The General Auditor reports directly to the Bank’s Board of Directors, acts independently of Bank management, and oversees the Audit Group (Internal Audit) with the principal charge of assessing the Bank’s overall control environment. The General Auditor adds value by bringing a systemic, rigorous and balanced approach to evaluating and improving the effectiveness of controls, risk management, and governance processes.
Internal Audit provides independent, objective assurance, and consulting services designed to ensure that risks are appropriately identified and managed; significant financial, managerial, and operating information is accurate, reliable, and timely; employees’ actions are in compliance with applicable policies, standards, procedures, laws and regulations; resources are acquired and deployed economically and efficiently; quality and continuous improvement are fostered in the Bank’s control processes; significant legislative or regulatory issues impacting the Bank are recognized and addressed properly; and issues are clearly identified and reported to management and the Bank’s Board of Directors, and are effectively remediated.