Nico Holdings Group chief operating officer Kwanele Ngwenya has called on internal auditors in the country to equip themselves with skills that drive sustainable solutions and enhance institutional performance and national development.
Speaking yesterday at the Institute of Internal Auditors (IIA) Malawi 2025 Annual Conference (AGM) held at Sun and Sand Holiday Resort in Mangochi, he emphasised the need for auditors to embrace technology and strengthen data protection measures to combat rising cyber threats.
“Yours is a critical profession that can drive meaningful transformation in organisations and the country at large,” said Ngwenya.
“This forum should not be a ceremonial event, but it must challenge you to generate actionable solutions, build strategic networks, and drive real change.”
He stressed that internal auditors should see themselves not merely as watchdogs but as strategic partners who can influence policy, improve systems, and safeguard institutions against emerging risks.
African Federation of Institutes of Internal Auditors (Afiia) chairperson Thokozire Kuwali echoed the sentiments, urging auditors to help build systems that are resilient, sustainable and adaptable.
“Africa continues to grapple with governance and institutional capacity challenges,” she noted.
“This conference is an opportunity to reflect on how we can embed resilience into our institutions and strengthen internal control mechanisms.”
On his part, IIA Malawi chairperson Alick Mwale emphasised the evolving role of auditors in modern governance, noting that they are increasingly expected to act as trusted advisers.
“Auditors are no longer just fault-finders. They are catalysts for change. In an era of shrinking resources and heightened expectations, the internal audit function must provide assurance, foresight, and strategic guidance,” he said.
Mwale also highlighted the growing stature of IIA Malawi, revealing that the body now boasts over 400 paid up members, with more than 50 Certified Internal Auditors (CIA), a globally recognised designation.
“This growth reflects the rising recognition of internal audit as a cornerstone of good governance,” he added.
Held under the theme ‘Governance and Internal Audit: Building Sustainable Solutions for Organisational Development,’ the conference brought together auditors from across the country to reflect on the evolving role of internal audit.
