Mrs. Sibusisiwe Ntuli
Acting General Manager: Risk and Audit Management

The Risk & Audit Management role is to:

Risk and Audit unit was established in accordance with provision of the GEP Act, PFMA, Treasury Regulations, King IV Report on Corporate Governance, COSO Risk Management Model, ISO 31000 Risk Management Standards and the Public-Sector Risk Management Framework.

It operates in line with requirements of the Public-Sector Risk Management Framework, the Risk and Audit Unit and a Board-approved Roadmap to Risk Maturity, and a Risk Management Plan which articulates a defined and disciplined approach for implementing, monitoring and maintaining good risk management practices to propel the organisation towards achieving objectives of the Risk Management Policy Framework.

Within GEP, the unit is positioned as a strategic enabler, risk and audit management expert advisor; and a value-add function intended to assist GEP in achieving its mandate, strategic objectives and satisfy its stakeholders within the prescribed regulatory framework.

It is thus empowered amongst other functions, to facilitate risk and opportunity identification, risk mitigation, risk reporting and risk monitoring at both strategic and operational levels, implement the BCM programme, implement the Fraud Prevention Strategy and Ethics Programme, provide assurance on Policy Development, implement a Combined Assurance Model; and implement the Internal Audit Programme.

The unit, headed by the General Manager Risk and Audit, reports administratively to the CEO and functionally to the Board Audit, Risk and Governance Committees for purposes of risk and assurance oversight on various risk categories in the organisation