Karnataka Bank Ltd. Convenes Annual Conference for Concurrent and Internal Auditors

Karnataka Bank recently conducted its Annual Conference of Concurrent and Internal Auditors for the Financial Year 2026-27 on 20.05.2026 in Mangaluru. The hybrid event, themed “Anticipate, Strengthen, Prevent,” fostered discussions on enhancing audit practices, risk management, and regulatory compliance. Key leaders and speakers shared insights on evolving audit landscapes and the importance of a robust audit framework for sustainable growth and governance.

Annual Auditor Conference Convenes

Karnataka Bank successfully organized its Annual Conference of Concurrent Auditors and Internal Auditors for the Financial Year 2026-27. The event took place on 20.05.2026 at the Bank’s Centenary Building in Mangaluru. Conducted in a hybrid mode, the conference was held under the theme “Anticipate, Strengthen, Prevent.” This initiative aimed to enable participation from auditors and Bank officials across the country.

Key Discussions and Perspectives

The conference served as a significant platform for in-depth discussions focused on strengthening audit practices, enhancing risk management strategies, and ensuring robust regulatory compliance. Participants also engaged in sharing best practices related to internal control and governance. The event underscored the critical role of auditors in fostering transparency, accountability, and promoting sustainable growth for the Bank.

Leadership and Expert Insights

The conference was presided over by Shri K. Gururaj Acharya, Chairman of the Audit Committee of the Board. Special Guest Shri M. R. Venkatesh, Chartered Accountant and Advocate, shared valuable perspectives on emerging challenges within the audit and regulatory landscape. Shri Raghavendra S. Bhat, Managing Director & CEO of Karnataka Bank, emphasized the crucial role of auditors. Guest Speaker Shri Nandan Rao Iddya, Chartered Accountant, provided insights into evolving audit practices and governance standards. Shri Jayanagaraja Rao S., Head of Internal Audit and Chief of Internal Vigilance, also addressed the attendees, highlighting the importance of a strong audit framework in supporting the Bank’s growth and compliance objectives.

Enthusiastic Participation

The conference witnessed strong and enthusiastic participation from a diverse group including concurrent auditors, internal auditors, Regional Heads, Deputy Regional Heads, and Branch Heads from various locations across India. This broad engagement reaffirmed the Bank’s commitment to maintaining robust governance, effective risk management, and a strong audit framework.

Source: BSE

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