Chief Audit Executive
Tawazun Economic Council
Karem Obeid, A thought leader who drives innovation and strategic transformations. He has more than 25 years of management and internal audit experience in various industries that enabled him to assume internal audit executive leadership roles in several leading companies in the Middle East region such as Tawazun Economic Council, Dubai Holding and Abu Dhabi Securities Market (ADX). He also assumed various board member and audit committee roles for several large organizations.
His passion for the profession led him to hold several IIA board and volunteer leadership positions for consecutive years which include Executive Committee Member (Vice – Chairman, Global Services) from 2016 – 2019 (Term ends July) and Member of the Board (Director-at-Large) 2013 – 2016. He was the first from the MENA region to be elected as a member of the IIA Global board. Furthermore, he is currently an Executive Committee member of IIA – UAE.
Karem holds a MBA degree with emphasis in Industrial and Manufacturing Leadership. His earlier education includes a Bachelor in Business Administration from the American University of Beirut. Also, Mr. Obeid attained several related professional certifications like CIA, CPA, CCSA, CISA and CRMA.
As an advocate and active member of the profession, he is instrumental in promoting the Internal Audit profession in the Middle East region. He also has been frequently invited to speak in local and international conferences across the globe and has contributed to several publications related to the profession.
Thursday, 19th - 2:20 p.m. to 3:10 p.m.
Concurrent session 2.1 - The Inevitability of Change: Internal Audit and the New Frontier
We are living in a volatile world that requires the Internal Audit profession to adapt and be agile to the ever-changing macro and micro environments brought by different factors such as globalization/slowbalization,emergence of new technologies and changing stakeholder expectations. Detailed discussion will be made related to challenges faced by the profession as well as the need to develop internal auditor’s competencies to fill in the gap to sustain the future of the profession.