Procurement • Material Planning and Sourcing • Information Communication & Technology Systems • Operational Technology Security & Access Controls • Virtual Private Network • Careline World Class Contact Centre Systems • Non-Purchase Order Solutions • Cloud Management • TNB Global Captive (L) Ltd • Incentive Based Regulation • Tax Management Environment, Social & Governance (ESG) Essentials HS1 HS2 Business & Operational Excellence HS3 Supply Chain Resilience HS4 IT and Cyber Security HS6 Asset Development HS5 Managing Stakeholders • Project Management • Verification of Works Note: * Indicates thematic audits. Areas of Review Audit Hotspots (HS) EFFECTIVE AUDIT AND RISK MANAGEMENT STATEMENT ON INTERNAL AUDIT FUNCTION TENAGA NASIONAL BERHAD Integrated Annual Report 2023 174 EFFECTIVE AUDIT AND RISK MANAGEMENT PROFESSIONAL QUALIFICATION AND CONTINUOUS DEVELOPMENT GIA is committed to fostering continuouslearning and development among internal auditors, aiming to ensure high level of proficiency and demonstration of due professional care in fulfilling their responsibilities. As of 31 December 2023, 31 auditors in GIA hold various professional certifications, as outlined below: CERTIFICATION NO. OF CERTIFICATIONS OBTAINED Certified Internal Auditor (CIA) 14 Professional Technologist 11 Certification in Risk Management Assurance (CRMA) 4 Certified Information System Auditor (CISA) 4 Association of Chartered Certified Accountants (ACCA) 3 Chartered Accountant (Malaysia) 3 CISCO Certified Network Associate (CCNA) 3 Certified COBIT 5 3 Professional Engineer 2 Certified Fraud Examiner (CFE) 1 Chartered Institute of Management Accountants (CIMA) 1 Malaysia Institute of Certified Public Accountants (MICPA) 1 Total 50 In delivering value to the Company and ensuring the efficiency of audit activities, the internal auditors’ key performance indicators include value creation in terms of cost savings/recoveries and business process improvements implemented, completion of audit plan, and audit turnaround. Beyond executing audit