its oversight over the implementation of risk management initiatives for the achievement of business objectives. In addition, BSRC will have greater oversight over the implementation of the sustainability framework and the deployment of initiatives that are supported by specific indicators measuring performance against sustainability goals and targets. This statement was made in accordance with the resolution of the Board of Directors dated 27 February 2024. BOARD SUSTAINABILITY AND RISK COMMITTEE REPORT CREATING VALUE THROUGH STRONG GOVERNANCE Sec 4 173 The Group Internal Audit Department (GIA) of TNB is established by the Board to provide independent, objective assurance and consulting services designed to add value and improve TNB’s operations. GIA assists TNB in accomplishing its business objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness ofgovernance, risk management and control processes. GIA reports directly to the BAC to preserve its independence and objectivity, and administratively to President/CEO to enable the required stature to fulfil its responsibilities. GIA is headed by the Chief Internal Auditor (CIA), Lizah Abd Wahab since 1 April 2021. With more than 20 years of experience in internal auditing, she brings a wealth of expertise to steer the team with proficiency and direction. She holds a Bachelor of Accounting and Finance degree from Manchester Metropolitan University, United Kingdom and a Master of Business Administration from Universiti Tenaga Nasional and Graduate Certificate in Management from the University of Melbourne. Additionally, she is a Certified Internal Auditor and obtained a Certification of Risk Management Assurance from Institute of Internal Auditors (IIA). APPROACHES AND FRAMEWORK GIA strives to protect and enhance organisational value by providing risk-based and objective assurance, advice and insight through innovative solutions. The Internal Audit Charter, approved by the BAC, delineates GIA’s responsibilities, authority,