{"id":12911,"date":"2026-09-04T10:44:48","date_gmt":"2026-09-04T10:44:48","guid":{"rendered":"https:\/\/www.iibanks.com\/menasa\/?page_id=12911"},"modified":"2026-09-04T10:52:44","modified_gmt":"2026-09-04T10:52:44","slug":"auditor-independence","status":"publish","type":"page","link":"https:\/\/www.iibanks.com\/menasa\/who-we-are\/corporate-governance\/auditor-independence\/","title":{"rendered":"Auditor Independence"},"content":{"rendered":"

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Auditor Independence<\/h1>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][\/vc_section][vc_section css=”.vc_custom_1680071995485{padding-top: 65px !important;padding-right: 15px !important;padding-bottom: 65px !important;padding-left: 15px !important;background-color: #1a2159 !important;}” el_class=”our-purpose-text-box letter-spacing-1 greyroW”][vc_row tm_bgimagefixed=””][vc_column][vc_row_inner][vc_column_inner][vc_column_text el_class=”white-text purpose-text-heading” css=”.vc_custom_1665581476248{margin-bottom: 0px !important;}”]<\/p>\n

The general policy of the iibGroup is to ensure absolute auditor independence. We will only engage our audit partner to supply non-audit services in exceptional circumstances.<\/p>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][\/vc_section][vc_section css=”.vc_custom_1680072056244{padding-top: 65px !important;padding-right: 15px !important;padding-bottom: 65px !important;padding-left: 15px !important;background-color: #efefef !important;}” el_class=”our-purpose-text-box custom-listing-bullets bdoroW”][vc_row tm_bgimagefixed=””][vc_column][vc_row_inner][vc_column_inner][vc_single_image image=”12922″ img_size=”full” css=”.vc_custom_1788518870089{margin-bottom: 24px !important;margin-left: 5px !important;}”][vc_column_text el_class=”font-size-36″ css=”.vc_custom_1665043381695{margin-bottom: 65px !important;}”]Diplomat Commercial Office Tower,
\nDiplomatic Area,
\nManama,
\nKingdom of Bahrain[\/vc_column_text][vc_column_text el_class=”font-size-36″ css=”.vc_custom_1665043389421{margin-bottom: 65px !important;}”]www.bdo.bh[\/vc_column_text][vc_column_text el_class=”font-size-36″ css=”.vc_custom_1665043334525{margin-bottom: 0px !important;}”]The Board ensures compliance with the policy and has the sole authority to approve the use of the auditor for non-audit services.[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][\/vc_section][vc_section disable_element=”yes” el_class=”grey-content-box font-size-36 custom-white-p-20 button-style-box” css=”.vc_custom_1665049806469{padding-top: 65px !important;padding-bottom: 20px !important;}”][vc_row tm_bgimagefixed=”” break_in_responsive=”1200″][vc_column width=”1\/3″][vc_row_inner css=”.vc_custom_1663569128288{padding-right: 17.5px !important;padding-left: 17.5px !important;}” tm_responsive_css=”99283703|colbreak_no||||||0||0|colbreak_no|||||||||colbreak_no||||||||||colbreak_no|||||||||”][vc_column_inner][vc_single_image image=”3918″ img_size=”full” alignment=”center” css=”.vc_custom_1788518954855{margin-bottom: 0px !important;}”][vc_column_text el_class=”custom-white-text-box” css=”.vc_custom_1662106003382{background-color: #efefef !important;}”]<\/p>\n

Board Committees<\/h4>\n

iibank\u2019s Board Committees are deligated with responsibilities to assist the Board and provide independent insights for internal controls and risk management.<\/p>\n

Read More<\/a><\/div>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][vc_column width=”1\/3″][vc_row_inner css=”.vc_custom_1663569141638{padding-right: 17.5px !important;padding-left: 17.5px !important;}” tm_responsive_css=”68723956|colbreak_no||||||0||0|colbreak_no|||||||||colbreak_no||||||||||colbreak_no|||||||||”][vc_column_inner][vc_single_image image=”5252″ img_size=”full” alignment=”center” css=”.vc_custom_1663569184422{margin-bottom: 0px !important;}”][vc_column_text el_class=”custom-white-text-box” css=”.vc_custom_1662106016761{background-color: #efefef !important;}”]<\/p>\n

Board of Directors<\/h4>\n

The Directors must promote iib\u2019s success by exercising independent judgement with care, skill and diligence, while taking into account long-term consequences.<\/p>\n

Read More<\/a><\/div>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][vc_column width=”1\/3″][vc_row_inner css=”.vc_custom_1663569169006{padding-right: 17.5px !important;padding-left: 17.5px !important;}” tm_responsive_css=”80187158|colbreak_no||||||0||0|colbreak_no|||||||||colbreak_no||||||||||colbreak_no|||||||||”][vc_column_inner][vc_single_image image=”3926″ img_size=”full” alignment=”center” css=”.vc_custom_1663569176516{margin-bottom: 0px !important;}”][vc_column_text el_class=”custom-white-text-box” css=”.vc_custom_1662106026840{background-color: #efefef !important;}”]<\/p>\n

Board Responsibilities<\/h4>\n

The Board\u2019s principle duty is to create and deliver sustainable shareholder value through setting iibank\u2019s strategy and overseeing its implementation.<\/p>\n

Read More<\/a><\/div>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][\/vc_section][vc_row tm_bgimagefixed=”” el_class=”financial-focus-left-right-box button-style-box” css=”.vc_custom_1665050832724{padding-top: 65px !important;padding-bottom: 0px !important;}”][vc_column][vc_row_inner css=”.vc_custom_1665050130002{padding-top: 0px !important;padding-bottom: 0px !important;}”][vc_column_inner el_class=”left-image-right-content left-image-right-content-1010″ css=”.vc_custom_1665050294138{padding-top: 0px !important;padding-bottom: 0px !important;}”][vc_single_image image=”12923″ img_size=”full” alignment=”center” css=”.vc_custom_1788518930159{margin-bottom: 0px !important;}”][vc_column_text el_class=”one-column-white-text-box” css=”.vc_custom_1788519156271{background-color: #efefef !important;}”]<\/p>\n

Board of Directors<\/h4>\n

The Directors must promote iib\u2019s success by exercising independent judgement with care, skill and diligence.<\/p>\n

Read More<\/a><\/div>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row]<\/p>\n<\/section>","protected":false},"excerpt":{"rendered":"

[vc_section full_width=”stretch_row_content” el_class=”image-banner-with-text bottom-203-banner-text” css=”.vc_custom_1665051524397{padding-top: 0px !important;padding-bottom: 0px !important;}”][vc_row tm_bgimagefixed=”” full_width=”stretch_row_content_no_spaces”][vc_column][vc_row_inner][vc_column_inner css=”.vc_custom_1659424244579{padding-left: 0px !important;}”][vc_single_image image=”12917″ img_size=”full” alignment=”center” css=”.vc_custom_1788518802487{margin-bottom: 0px !important;}”][vc_column_text el_class=”main-slider-text” css=”.vc_custom_1733922048874{margin-bottom: 0px !important;padding-top: 15px !important;padding-bottom: 15px !important;background-color: rgba(10,10,10,0.35) !important;*background-color: rgb(10,10,10) !important;}”] Auditor Independence [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][\/vc_section][vc_section css=”.vc_custom_1680071995485{padding-top: 65px !important;padding-right: 15px !important;padding-bottom: 65px !important;padding-left: 15px !important;background-color: #1a2159 !important;}” el_class=”our-purpose-text-box letter-spacing-1 greyroW”][vc_row tm_bgimagefixed=””][vc_column][vc_row_inner][vc_column_inner][vc_column_text el_class=”white-text purpose-text-heading” css=”.vc_custom_1665581476248{margin-bottom: 0px !important;}”] […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":12901,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"acf":[],"_links":{"self":[{"href":"https:\/\/www.iibanks.com\/menasa\/wp-json\/wp\/v2\/pages\/12911"}],"collection":[{"href":"https:\/\/www.iibanks.com\/menasa\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.iibanks.com\/menasa\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.iibanks.com\/menasa\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.iibanks.com\/menasa\/wp-json\/wp\/v2\/comments?post=12911"}],"version-history":[{"count":4,"href":"https:\/\/www.iibanks.com\/menasa\/wp-json\/wp\/v2\/pages\/12911\/revisions"}],"predecessor-version":[{"id":12928,"href":"https:\/\/www.iibanks.com\/menasa\/wp-json\/wp\/v2\/pages\/12911\/revisions\/12928"}],"up":[{"embeddable":true,"href":"https:\/\/www.iibanks.com\/menasa\/wp-json\/wp\/v2\/pages\/12901"}],"wp:attachment":[{"href":"https:\/\/www.iibanks.com\/menasa\/wp-json\/wp\/v2\/media?parent=12911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}