NIPDEC Wins 2024 Internal Audit Month Advocacy Competition

July 4th, 2024    |   Related To: The National Insurance Property Development Company Limited (NIPDEC)

NIPDEC is thrilled to announce that it has been awarded the Small Team Winner of the 2024 Internal Audit Month Advocacy Competition, hosted by The Institute of Internal Auditors (Trinidad & Tobago Chapter).

This year’s theme, “Partnering for Success,” inspired numerous innovative and thoughtful submissions from teams across the Chapter and after careful review by a panel of independent judges, NIPDEC was recognized for their outstanding contribution, exceptional work and dedication to advocacy.

Vyas Ramphalie, General Manager, NIPDEC
Vyas Ramphalie,
General Manager,

Vyas Ramphalie, NIPDEC’s General Manager was elated with the news of the award.
“This year’s theme, “Partnering for Success,” resonated deeply with our collective mission. It reaffirmed our commitment to collaboration, to forging strong bonds within our teams and across departments, and to championing excellence in all that we do.

I am extremely proud of our Internal Audit Team as they are crucial to our operations. They provide not only assurance but also insight, foresight and guidance. They are our guardians of trust, the architects of accountability and custodians of integrity. Their work will unlock new avenues for innovation and growth, propelling our organization towards greater success.”

NIPDEC’s Internal Audit Team celebrated International Internal Audit Awareness Month with activities during the period May 13-29, 2024. These activities focused on educating, promoting and sharing engaging ways to explore internal audit.

NIPDEC Wins 2024 Internal Audit IMG_0486
(L to R) Jerome Jaggernauth, Audit Assistant I, Sarita Sarjoo-Ghany, Manager – Internal Audit, Kimoy Wiggins-James, Audit Assistant II, Deedra Singh, Audit Senior, Nkenge Burke, Advocacy Officer IIATT Chapter

Messages were shared by one member of the Audit Committee, the General Manager, and Head of Human Resources, pledging their support to the mission of internal audit and recognizing their role as a key resource within the organization.
Educational material was shared with staff, debunking common myths and providing insights into the role of Internal Audit, Management and the Audit Committee in relation to risk and audit recommendations. Additionally, correspondence was disseminated on the 12 ways Internal Audit

partners with key stakeholders to achieve strategic outcomes. Staff were engaged to reinforce understanding through fun interactive sessions, online quizzes and multi-tasking activities. The aim of these activities were to highlight the importance of building healthy relationships, the need for documented and detailed procedures and the importance of critical thinking.

Finally, to show their appreciation for all Auditees, the Internal Audit team distributed customized gift tokens to all NIPDEC employees, concluding their celebration of International Internal Audit Awareness Month 2024.