Audit Committee
The Audit Committee is responsible for assisting the Board of Directors to fulfill its Charter-mandated responsibility of ensuring that ADB's financial reporting and internal controls, including audits, are adequate and undertaken efficiently. Thus, the Committee has an important role in ADB's internal financial governance.
In particular, the Committee
- advises on the appointment of ADB's independent Outside Auditor
- reviews the annual audit plan of the Outside Auditor
- reviews the annual audit plan of the internal General Auditor, who administratively reports to the President
- meets regularly with both the General Auditor and the Outside Auditor on audit findings and recommendations, financial systems and internal controls, accounting and auditing standards, and coordination of internal and outside audit plans and activities
- meets with the Controller, General Auditor, Outside Auditor and other ADB staff, as required, to review ADB's annual financial statements before these are published in the Annual Report
- reports to the Board at least annually on its activities and recommendations
| Name | Country | End of Term |
|---|
| Chairperson |
Kyung-Hoh Kim |
Republic of Korea | Repalced Mr. P. Pillon as Chair effective 22 October 2008 |
| Members |
Curtis Chin |
United States |
|
| Michele Miari Fulcis |
Italy |
Replaced Mr. P. Pillon as member effective 22 October 2008 |
| Md. Aminul Islam Bhuiyan |
Bangladesh |
Replaced N. Wangdi effective 3 November 2008 |
| Stan Vandersyp |
New Zealand |
Replaced Richard Stanley effective 23 Jan 2008 |
| Richard Edwards |
United Kingdom | Replaced Andrew McSkimming effective 18 August 2008 |
|
Composition as of 3 November 2008
Email the committee or call + 632 632 4901
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