October 24, 2011

DBS Applies Holistic View of Risk to Its Group Audit Approach

By Nancy Hala, KnowledgeLeader contributing writer

DBS Group Holdings (DBS) is one of the largest financial services groups in Asia. In this profile, DBS audit and risk management leaders describe how business expansion efforts pushed the Group Audit function to take on a risk-based approach. This transformation took a sustained, concerted effort by working with key stakeholders to change the direction, strategy, methodology, operating and engagement model, and department resourcing.