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OQ Group hosts Internal Audit Forum

Business Monday 26/May/2025 15:51 PM
By: ONA
OQ Group hosts Internal Audit Forum

Muscat: OQ, the global energy investment group, hosts the Internal Audit Forum in collaboration with the Institute of Internal Auditors Oman and KPMG.

The two-day event, held under the auspices of Sheikh Ghosn Hilal Al Alawi, Chairman of the State Audit Institution (SAI), welcomed over 300 internal audit professionals from the public and private sectors.

In his remarks, Abdulrahman Ahmad Al Harthy, Chief Internal Audit Officer at OQ Group, stated: “Hosting this forum reflects OQ’s commitment to strengthening effective audit practices and contributing to developing transparent, accountable, and well-governed institutions. We consider internal audit a central pillar for organisational empowerment and decision-making.”

The forum coincided with International Internal Audit Awareness Month and convened experts from around the world to explore the evolving role of internal audit as a strategic business partner. Discussions addressed a wide spectrum of themes, including the digital audit revolution, emerging geopolitical risks, ESG considerations, cybersecurity, and integrated assurance models. The agenda was designed to equip internal auditors with the tools and insight needed to elevate performance, build trust, and drive organisational resilience.

“At OQ, we celebrate International Internal Audit Month with impactful initiatives and knowledge-sharing platforms, investing in national talent and exchanging expertise with global peers to uphold best practices in control, compliance, and risk management,” Al Harthy added.

Forum sessions examined global audit trends, regulatory shifts in Oman, and the future of internal audit excellence, underscoring its role in advancing sustainable governance models aligned with Oman’s national strategies. Delegates explored how internal audit can add strategic value across organisations through greater integration, innovation, and agility.

The forum was attended by more than 300 internal auditors from various public and private sector organisations. Also in attendance were members of the Board of the Institute of Internal Auditors in Oman, the Oman Investment Authority, senior executives, and representatives from the Institute of Internal Auditors Global.

This initiative is part of OQ’s broader transformation journey to embed accountability, resilience, and performance across its business, while supporting national efforts to foster a modern, responsible, and innovation-led private sector