Auditors
Both external and internal auditors are playing a key role in providing an independent assessment of the Bank’s operations and internal controls.
External Audit
KPMG Luxembourg S.à.r.l., is currently the statutory auditor of the Bank. Audit work includes financial and regulatory audits, as well as other assurances that can be provided by the principal auditor.
Internal Audit
Internal Audit performs an independent and objective assurance and consulting function that is designed to add value to the Bank’s operations. Internal Audit is currently conducted by Grant Thornton ABAX consulting, which assesses the effectiveness of the Bank`s internal control system, and the Bank`s compliance with statutory, legal and regulatory requirements. Based on the result of its risk assessment and the 3-year audit plan, internal audit develops detailed annual audit objectives, defines areas of audit concentration and specifies resource requirements. All findings are communicated to the GD and the BoD. The internal auditor coordinates its operations with the activities of the Gazprombank Group internal audit and the external auditor in order to achieve best results.