BFM 89.9

HIGHLIGHTS 
Podcast  >  Enterprise  >  Enterprise Explores  >  Internal Audit’s New Groove? From Policeman to Partner

Internal Audit’s New Groove? From Policeman to Partner

Derek Lee, Vice President, The Institute of Internal Auditors Malaysia

11-Jul-25 12:00

Internal Audit’s New Groove? From Policeman to Partner

In an era of interconnected "poly-crises". from geopolitical tensions to cybersecurity threats and climate risks, how can organisations build true resilience? The answer may lie in redefining the role of a traditionally overlooked function: internal audit.

Derek Lee, Vice President of The Institute of Internal Auditors Malaysia, joins us to explain why the role must evolve from a reactive "policeman" focused on past compliance to a proactive, forward-looking strategic advisor.

He discusses Malaysia's significant corporate resilience gaps and how internal audit is becoming crucial for navigating modern challenges like ESG compliance and cyber threats.

We discuss:

  • The shift from a "policeman mindset" to a "trusted business partner."

  • Why only 2% of Malaysian organizations are prepared for today's key risks.

  • The growing challenge of ESG compliance and Scope 3 emissions reporting.

  • How AI is enabling auditors to focus on high-value strategic advisory work.

  • The "three lines model" for organizational risk and accountability.

    For board members, C-suite executives, and risk professionals, this explores how to leverage internal audit as a strategic asset to navigate uncertainty and build a resilient organization.

Produced by: Carol Wong

Presented by: Roshan Kanesan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  economyCorporates

Tags:  internal auditrisk managementcorporate governanceESG compliancecybersecurity





Play / Pause

Listen now : World Market Watch: Carlos Casanova, Senior Economist, UBP tells us where international...

Today’s Shows



6:00 AM

The 6AM Stretch

Thought-provoking discussions on ideas, people and events shaping our lives.

7:00 AM

World Market Watch

Carlos Casanova, Senior Economist, UBP tells us where international markets are heading.

7:15 AM

Morning Brief

We recap global and local headlines from today's papers and portals.

7:30 AM

Morning Brief

Trung Ghi, Head of Energy & Utilities Practice, Arthur D. Little, Asia Pacific on the rare earth global supply chain.

7:45 AM

Morning Brief

Prof. James Chin of the University of Tasmania weighs in on Sabah’s 40% revenue ruling.

8:00 AM

The Breakfast Grille

Frank Wee of Insights Analytics Bhd shares the company’s next growth phase ahead of its Bursa ACE Market listing.

8:30 AM

Morning Brief

Dr. Khoo Ying Hooi, Universiti Malaya discusses expectations for the ASEAN Summit.

8:45 AM

Morning Brief

(REPEAT) We dive into the local and international news that matters to you.

9:00 AM

Opening Bell

(REPEAT) Carlos Casanova, Senior Economist, UBP tells us where international markets are heading.

9:15 AM

Opening Bell

We take a look at the FBM KLCI as well as regional capital markets.

9:35 AM

The Property Show

Kelvin Yip, President of MIEA discusses how the industry is working to raise standards amid fraud and illegal practices.

10:05 AM

Open For Business

Keong Chun Chieh, Founder & CEO, IGL Coatings

11:00 AM

The Workplace

David Barr, CEO - Offshoring, Robert Walters

12:00 PM

Enterprise Explores

Aparna Bharadwaj, Managing Director & Senior Partner; and Global Leader of BCG’s Global Advantage Practice

1:00 PM

The Breakfast Grille Repeat

Our flagship show, we feature both game-changers and groundbreakers in the hot seat.

2:05 PM

Discovery Hour

An eclectic selection of BBC shows, curated with variety in mind.

3:05 PM

Earth Matters

4:05 PM

Health & Living

5:00 PM

Top 5 at 5

6:00 PM

Big Issue

We unpack the football scandal that rocked Malaysia with a lawyer, sports journalist and a stateless activist.

7:00 PM

Stories of KL

8:00 PM

Cruise Control

Daniel Fernandez, Managing Editor, dsf.my