September 22, 2008

National Australia Bank’s diverse audit team has a four-part vision for the future

By Nancy Hala, KnowledgeLeader contributing writer

As an organisation, National Australia Bank Group has a statement of corporate principles, which outline the way the group conducts business with both external customers and colleagues. In this profile, Alastair Pearce, chief audit officer, discusses the audit team’s four-part vision – trust, connecting, provoking, and famous. Pearce also describes the “three lines of defence” model, which is used by many organisations in Australia, the United Kingdom and New Zealand for corporate governance compliance.