Global Oil Companies (GOC) IA Forum 2020

Oil & Gas industry has been going through unprecedented and dynamic changes in the market and the technological landscape, significantly affecting the risk outlook. A collaborative effort from Internal Audit functions of the leading Energy / Oil & Gas Companies in the world to learn from each other and advance to the future as one team will be a big step in this direction. 

Global Oil Companies (GOC) IA Forum, formed by ADNOC aims to provide structured platform for dialogue and debate on innovative internal audit practices. ADNOC’s objective is to establish a focused and easy channel of communication between the Internal Audit functions and to enable an open discussion while respecting each other's confidentiality and Intellectual Property Rights (IPR) interests.

Agenda for Global Oil Companies Internal Audit Forum 4th Edition

12:00 – 12:05: Welcome and Introductions

Peter Chambers, Head of Quality, Excellence & Operations for the Mubadala Internal Audit Division
Ahmed K. Matar Abujarad, Senior Vice President at ADNOC Internal Audit and Assurance Function
Rajula Subramanian, Secretary of the GOC IA Forum

12:05 – 12:35: Mubadala Internal Audit

Overview of Mubadala Internal Audit
Madian-Hajj, Head of Internal Audit for Mubadala’s Petroleum & Petrochemicals Platform

Spotlight on the Role of Audit in ESG
Hanife Ymer, Mubadala Internal Audit’s ESG Center of Expertise lead

Spotlight on Auditing Culture
Werner Van Zyl, Mubadala Internal Audit’s Culture Center of Expertise lead

12:35 – 13:05: Cepsa Internal Audit
  • Overview of Cepsa Internal Audit
  • Spotlight on Combined Assurance
  • Spotlight on Bow Tie Analysis for Internal Audit
Cristina Fabre Chicano, Head of Internal Audit, Compliance & Risk
Pilar Durban Diez de la Cortina, Head of Internal Audit

13:05 – 13:55: Open Forum: Impact of COVID-19 on Internal Audit

Facilitated discussion on about how internal audit teams have responded to COVID-19 and what the ‘new normal’ is likely to look like, with focus on:
  • Impact on the Audit Plan
  • Reporting & Communications
  • Return to Work
  • Preparing for Cost Optimization
Facilitated by:

Peter Chambers, Head of Quality, Excellence & Operations for the Mubadala Internal Audit Division
Maria Coker, Vice President – Quality & Excellence, Mubadala Internal Audit

13:55 – 14:00: Conclusion