such as auditing, strategic initiatives, leadership and communication, business acumen, data analytics, and personal development. • Involvement in training programs focused on ESG matters, aimed at acquiring a comprehensive understanding and insights into the fundamentals of ESG. This encompasses methodology for providing sustainability assurance, aligning with the enhanced sustainability disclosure mandated by Bursa Malaysia. • Maintain corporate membership status in IIA Malaysia, ensuring internal auditors have continuous access to valuable resources such as trainings, reading materials, and audit-related updates, fostering a well-informed and connected audit community. • Implemented succession management programme tailored to internal auditors at different levels, ensuring a strategic approach to talent development and continuity within the audit team. As of 31 December 2023, GIA invested a total cost of RM209,477 on trainings and conferences, aimed atenhancing auditors’ skills, knowledge, and competencies. SUMMARY OF GIA’S ACTIVITIES IN FY2023 The key activities undertaken by GIA in FY2023 are as follows: • Provided independent and objective assurance on the adequacy of internal controls implemented to mitigate risk exposures. The reports issued to respective client, senior management, and BAC encompassed observations, root causes, recommendations, management responses, deadline, and person responsible and accountable for implementation of corrective actions. • Presented TNB’s State of Internal Controls to BAC on a quarterly basis covering audit completion status against the approved audits, risks reviewed during audits, results of internal control assessment, and status of corrective actions including aging for pending actions. • Conducted follow-up audits on corrective actions agreed upon by management to assess the effectiveness and efficiency of the actions implemented. • Participated in periodic management and board breakouts, offering independent feedback on governance, risks, and controls. This