IRBA appoints new director of operations
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Johannesburg, Monday, January 23, 2023 – The Independent Regulatory Board for Auditors (IRBA) has appointed Prakash Narismulu as the Director: Operations. Mr. Narismulu will be responsible for finance, human resources, facilities management, and information technology at the IRBA. The appointment is effective January 9, 2023. Mr. Narismulu brings to the IRBA a wealth of experience in both the public and private sectors at an executive and senior management level. During his professional career, he has held Chief Financial Officer (CFO) roles in government, Senior Management roles at the Auditor-General of South Africa and an Assurance Partner role in public auditing. His regulatory experience was gained as the CFO of the Information Regulator of South Africa. Narismulu is a chartered accountant since 1996 and until 2019 was also a registered auditor. Says Imre Nagy, CEO of the IRBA: “While the process to fill this position has taken longer than envisaged, we followed a robust recruitment process. This is an important strategic position at the IRBA as it relates to the smooth running of the operations as well as the finance function. With this appointment the executive team now comprises only permanent appointees. We welcome Prakash on board and trust that he will be an asset to our management team.”
Notes to Editors: More about the IRBA: The IRBA is a public protection statutory body established to protect the financial interests of the public by ensuring registered auditors and their firms deliver services of the highest quality. It upholds audit firm independence to ensure that audit quality is such that it enhances the accuracy and credibility of financial performance reporting. In this way, the IRBA has an important role to play in building the reputation of South Africa as an investment market for both local and global investors and driving economic growth for the country. The IRBA also registers suitably qualified accountants as auditors, who must adhere to the highest ethics standards, and promotes the auditing profession through the effective regulation of assurance conducted in accordance with internationally recognised standards and processes.
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