Ten years ago, amidst unprecedented economic upheaval, Richard Chambers became The IIA's president and CEO. The internal audit profession has changed much since then, he says, and it will need to continue to evolve.
Richard Chambers became the ninth president of The IIA in January 2009 during the onset of the global economic crisis. It was a time when companies were experiencing a major loss in shareholder confidence due to colossal risk management failures and a lack of corporate accountability. These dark times revealed vast new opportunities for internal audit to help protect organizations and enhance their performance.